Wednesday, April 23, 2008
Eastern economies decoupling tosh
All top IT Indian companies failed to meet forecast. These are very big companies with minimum of 50,000 employees and also registered in NYSE and a part of NASDAQ. All the tosh about decoupling of the US economy is a big tosh. Ask one question where does India and China sell to...US. And if US stops buying within few months Indians and Chinese will stop buying from us in Europe. And the circle continues.