Many of the comments here are really stupid. Whether you want to accept it or not USA runs the world. The mighty dollar buys the cheap Chinese goods and cheap Indian programmers/call center operators.
A decline in dollar economy can only mean one thing doom for Chinese manufacturing and Indian Services industry. Dont forget that today's "Shining India" lives in just 12-20 cities while the farmers are committing suicides from Punjab to Andhra and Gujrat to Orissa as rural economy is down the drain (which means 60% of Indian economy is in shambles). The 12-20 cities that are part of "Shining India " are run by money coming from US and FII's. So if US consumer catches cold, Indian/Chinese urban class will die of pneumonia.
