Monday, 1 November 2010

America Will Help Create a Second Dynamo Economy - India

In the UK, we have been tied to the mistaken notion that America is our strongest economic ally ignoring the fact that Germany is the powerhouse economy that enables the UK to relax over the dismal fiscal performance of Greece and Spain. What America has done in the past decade for Britain no friend would do.

Well, fighting wars in the Middle East boosted British arm sales and gave more control over the status quo of oil suppliers, but one wonders about this alliance of convenience to very large security interests, oil and arms is not the best way to grow an economy any more than banking and home sales.

Now, we are faced with a prospect of seeing India being transformed into a dynamo economy along American designs. The catch is that India will do much better than China over the longer term and it's economic influence will reshape the world economy more assuredly as it competes with China, Europe and The Americas.

http://www.thehindu.com/business/Economy/article861605.ece

Will not time reveal the lasting importance of friends and mutual respect? Be kind to those who think well of you and those you know and try to add positive elements to your world. Promote peace in your heart and sunshine in the minds of those around you by your own good works. Elevate the level of discussion by thinking less of the issues and more of how you can reduce the tension of stress that arises with honest disagreement. Relax by breathing more deeply and consciously.

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