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RE:india save yourself
by cynic on Dec 19, 2007 11:47 AM

that is only as long as world expects dollar as the default currency, if gulf countries, china switch to euro then dollar will become worthless. But you are right India needs to use its foreign exchange reserves as a weapon of war and buy up some strategic pies in US companies like how the Gulf guys are doing.

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Beware! This could wreck US market