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Old 21-09-2008, 04:51 PM   #1 (permalink)
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Unhappy If Depression Hits India ??


We all know that U.S economy is falling like cards and many banks and gov are trying to stop it or postpone it...

We also know that this Economically strong India is mainly becoz of the IT dept.. and many of which are from U.S outsourcing..

More over we also depend on U.S for manyh reason...

So If U.S is hit by another depression wht will happen in India , And wht changes will fast and what will happen in general...

Share your thoughts...!!!
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Old 21-09-2008, 04:55 PM   #2 (permalink)
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Default Re: If Depression Hits India ??

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Old 21-09-2008, 06:38 PM   #3 (permalink)
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Default Re: If Depression Hits India ??

Most US presidential runners say they are against outsourcing to India and say that they'll curb it once they are in power just to woo voters,

But in reality companies make HUGE profits because of their outsourcing to India and these companies aren't ready to lose their profit margin ,

We are quite insulated to the US recession but some ripples will be felt, thats it.
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Old 21-09-2008, 07:08 PM   #4 (permalink)
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Default Re: If Depression Hits India ??

Quote:
Originally Posted by naveen_reloaded View Post
We all know that U.S economy is falling like cards and many banks and gov are trying to stop it or postpone it...

We also know that this Economically strong India is mainly becoz of the IT dept.. and many of which are from U.S outsourcing..

More over we also depend on U.S for manyh reason...

So If U.S is hit by another depression wht will happen in India , And wht changes will fast and what will happen in general...

Share your thoughts...!!!
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