Showing posts with label slow down. Show all posts
Showing posts with label slow down. Show all posts
Saturday, November 27, 2010
The positives of recession
Fair Valuation,Economic policy Reforms,Corporate Governance etc are the few jargons we often hear whenever there is some form of economic shock.
why it is only US and allied nations who have taken the maximum beatings?
And why States like Bihar,Bengal and Orissa have shown Significant growth as compared to others in this period?
The answer is the principle of "Conservatism" that people follow here.
Every once in a while the economic cycle indicates that the moment you over estimate your business gains and take unevitable risks,you are asking for trouble.
The U.S president's visit for various business deals accross the globe with developing countries shows the real economic freedom and saftey which Indians and other nations which work on similar monetary principles have!
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