Comments on Glocal View: Economy - Perspectives on US, China and India

Thanks for the link dude.I actually wanted to read...

2010-02-13T01:26:57.642-06:00

Thanks for the link dude.I actually wanted to read it for a long time but finally found the time.Let me know if you find any interesting articles in the future

Srini - more information on what Regulations can d...

2010-01-30T19:51:12.206-06:00

Srini - more information on what Regulations can do -
http://www.ft.com/cms/s/2/db2b340a-0a1b-11df-8b23-00144feabdc0.html

Srini - It is not just a hypothesis. It is a prove...

2010-01-28T19:29:45.480-06:00

Srini - It is not just a hypothesis. It is a proven fact.

case 1: India and other countries which did not have mindless leverage and loose credit are doing much better.

case 2: US itself is a proof of this. What you are seeing now is the effect of all the deregulation starting with Reagan's presidency.

case 3: What happens when a country goes wild with credit and foreign capital flows. Just look up Iceland's recent economic history.

Kc,good article.I had one question though.I agree ...

2010-01-28T13:03:38.389-06:00

Kc,good article.I had one question though.I agree that our government have put in some regulations in the market and that may be the reason we ere not that badly hit by the Recession but is there any quality proof to support this statement or is this just a hypothesis by the economists?

Setting aside the bigger issues, in case of toilet...

2010-01-26T05:59:34.510-06:00

Setting aside the bigger issues, in case of toilets, using toilet paper is more hygenic, convenient (for reading mags etc.,and also for the sick and elderly) and with the advent of the separate flush levers for number one and two, does not waste all that water also. Indian restrooms have to washed all throughout including the flooring but American restrooms are usually dry and hence more hygenic.

I agree that learning indian values and social habits will help Americans a lot as those are our main edge against them in terms of coping and problem solving. We can also learn from their care-for-city/state/country attitude but we have caught up to a lot others which we didn't have like industrial technical competence especially in IT.

About the last part, there should be more Phunsuk ...

2010-01-25T11:42:51.088-06:00

About the last part, there should be more Phunsuk Wangdoos and Tatas who innovate for the benefit of the masses. But what they warn about, and what I have been particularly observing from my recent visits to India is the adoption of two big evils of the west - addiction to credit and addiction to fast food. India needs to be careful..