Thread: Backstage changing tactics..
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Old Friday, September 21, 2012
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Quote:
Originally Posted by Hassan02 View Post
My point is that the major economies of the world are now so integrated that none can prosper if the others fail so your point that the US and EU will face a crisis and India will reap the benefits is totally invalid. A recession in the EU or in the US on the scale of the Great Depression will push the entire world into recession.
Only 5 out of 15 largest trading partners of India are European countries including America. Indian economy is not that much associated with EU and America so it can not be harmed by a recession in EU. India is a market of more than 1.2 billion people.Its not a small market dear.

Quote:
Originally Posted by Hassan02 View Post
Would you care to explain how? Your post shows that you have a pretty poor understanding of economics; the US indeed face long-term slow growth and a ballooning national debt, but defense expenditure is not the problem. America will need to reform their social security system at one point or another to rein in the increasing budget deficits. At some time, Americans will have to face the reality: that they can not retire as early as before and that the government can't always pamper them.

I think that Mitt Romney does have the potential to put the American economy back on track especially his plans for energy independence by 2020.
which Government would dare to cut the social benefits. This move has great political repercussions. defense expenditures are really increasing and won't decrease even if America leave Afghanistan. Afghan government would need constant financial aid from Americans. Mitt Romney is also a politician don't forget that.

Quote:
Originally Posted by Hassan02 View Post
Are you seriously saying that Pakistan will provide a major market to exporters like China, Germany and Japan?
Pakistan's trade share with EU and China is almost equal in size. It won't be a major market but an average market with bright opportunities in Natural Resource exploration, Heavy Industries, Railway, Air Transport etc. these sectors are less exploited and are glamorous enough for those foreign investors, who are pessimistic of a future in EU markets. Moreover the energy sector is a great potential profit extractor. Pakistan is a growing demands market that each investor dreams of.
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