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India Projected to Be the Fastest Growing Economy in 2010

Isn't US economy now more under the control of state? I am bearish on the US economy.

In addition to government interference of the free market; high government debt, projected high inflation and nationalization of healthcare will keep the economy bogged down. Also, if cap & trade pass you can expect whatever manufacturing that is left will also shift to China & India.



On Jun 24 08:19 AM Bandwagon2009 wrote:

> And in my opinion it would grow even faster, and be more sustainable,
> if they got rid of the last vistages of the "license raj".
>
> I will take an un-controlled, chaotic, anarchic, creative, innovative
> economic model, over state control anyday...which is why I believe
> that inspite of the recent hiccups the US economy is going to be
> more robust in the long term than the our friend in Europe.
>
> For India's sake though I hope the growth percolates down to the
> 2/3 of the population who still on the edge of abject poverty. What
> we need is torrent, and not a trickle "down".