Why so much alarm if the new wealth is not generated by old world people or economies and by new economies such as China, Middle East etc. Your article is on lines of views held by English people (when they were masters of India)that Indian people are not capable of running India and that work must be done by English people only.
For God sack, being a CA, have broad mindset and view about world economy. Man it is changing and changes are part of life and history
RE:Sovereign Wealth Fund
by Sami on Dec 18, 2007 05:47 PM Permalink
vijay desai sir, What you predict sir? I feel that the global market is heading to big confusion. British and us are allies but British have consolidated their position in the market where as us (was strong but)has drained its economy in Iraq. for the worse the countries who have fund reserves in us are trying to depeg from $. in my opinion i predict the market is heading to a crash landin. am i correct?
RE:Sovereign Wealth Fund
by tumpalahiri on Dec 18, 2007 06:20 PM Permalink
Sack/sake........but i agree that this article has been written from the perspective of some GORA doomsdayer.... The tone and content is fit for a CAT passage...but it is higly opinionated..... so as an independent observer i give it 5/10 AVERAGE
