"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
~Francois Bernier
You might have observed the first trade deficit (in first quarter of 2010) of China in the last seven years. Why has it happened?
Does the rapid growth of China will come to an end soon?
Will Chinese goods be no longer cheaper?
May be, it can happen in very near future. If you want to know why it is so, and what is happening with china just read this article. I felt the CURRENCY WAR IN CHINA would be the well suited title for this article. You’ll understand same by the end of this articl...
Subprime is the cause of USA Economy slow down. It is the very popular news among everyone and it is become very serious then expected. It caused more damage to all the industries especially Banking, Insurance and Automobile sectors. Subprime crisis caused big loss to the banks and now it is affecting the other industries like Auto Mobile companies (GM, Ford, etc.). In this blog I will write about what exactly is the Subprime crisis and why USA banks created such a big mistake in their era. ...
Now the on-going major economic problem that
india is facing is not the inflation, as we got used to that, but it is the
depreciation of rupee. I think I don’t need to explain who will benefit more
with that and who will lose more. For those who don’t know, in simple terms, if
a currency value is depreciated the importers will suffer more and the
exporters will gain more. I just wanted to discuss the indian rupee devaluation
history before getting into the current depreciation of rupee a...
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