Wednesday, December 24, 2008

India Managed the crisis better

Well a very nice article about Indian Economy robustness and the reasons behind it.......
http://www.nytimes.com/2008/12/20/business/20nocera.html?_r=2&pagewanted=1


One of the biggest reason - Strong regulations to check speculative activities and profiteering.


BUT STOP A MIN - WAS BAD FINANCIAL REGULATIONS A REASON OF FAILURE FOR US - I BEG TO DISAGREE

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