India is most volatile nation in social, economic, cultural, religious and geo political as well as ecological metrix for better managed and administered countries in the world today. I am traveling across theworld for business observed lawlessness and indiscipline which altimately promotes corruption and anarchy in India. In the name of business you got freedom to cheat citizens stock exchange is one among such forum at this stage where aparet from real estate where speculators investing heavily on flats which are totally garbage quality as compare to western and arabian civil engineering construction quality standards and these Indian real estates are priced 25% more than global price whether in US/UK/ Canada/Australia/NewZealand or Arabian Gulf region. If you want to buy flat for 50 lacs to one crore why not then immegrage to these countries if you are capable to spend huge money on sub standard garbege quality f Indian real estate. This is where cheating lies and foreign investors got first impression of real estimate of Indian real estate far below western standard in quality and return on investment. Indian Stock exchange booms on real estate which stimulates banking sector on housing finance, steel and cement industry and another sector is IT and remittance by NRI working abroad specially huge labour force in the middle east. This was temporary phenominon right from begining of boom in India which eventually boosted stock exchange and India economy at large. THis i
RE:The Most Volatile Nation on this planet
by Bhajiya on Jul 15, 2008 05:59 PM Permalink
THis is going to be begining of next five year phase of recession to stabalising of market price which was artificially triggered 700% to 800% rise in last three years.
RE:The Most Volatile Nation on this planet
by alert on Jul 15, 2008 06:23 PM Permalink
can understand your anger... Our karuna ,chidambaram and gowda type of politicians are sickeningly corrupt and jack up all the prices for their personal and family benefits. Only MANMOHAN SINGH is an exception. If govt seizes the properties of top 100 corrupt politicians like the above the entire poor people can be uplifted in one stroke..
