Thread: Economic downturn~yet record immigrant approvals

More evidence that India, Inc. is disconcerted. http://economictimes.indiatimes.com/Inf ... urpg-2.cms

i get paid advice and reports on my portfolio and overseas stocks (outsourcers and india index funds) are to outperform US markets.

Many macroeconomic factors like rate cuts here..higher interest rates in Asia plays into it as well.

However you me are just the "common folks"

american govt, foreign govts, fed reserve , central banks of foreign nations..very powerful entities and advocates of strong dollar policy.

end of 2008 outsourcing is going to be a problem end of 2009 outourcing is going to be a problem unless dollar tanks.

But the dollar is tanking now and has been. Once it is 1 to 35 or so rupees, Azim Premji will be crying. It has to tank, as the party of always buying and hiring foreign is killing America. It simply can't go on.

Originally Posted by ALIPAC

Flooding the country with people increases demand for housing, fuel, food, products, etc... While driving wages down to allow companies to maintain profits by paying less in wages.

"Go shopping"...the solution to everything! Ya gotta love capitalism!
Heaven forbid any corporation should EVER be expected to lose any profits!
If they do, they just file bankruptcy and the government bails 'em out!