[lbo-talk] Aspect ofIndia'sEconReport:TheRealStateofIndia'sEconomy

uvj at vsnl.com uvj at vsnl.com
Wed Apr 21 16:31:25 PDT 2004


Miles Jackson wrote:


>> The access to the US market is an important factor in the growth of east
> > asia. I don't think east asia could have grown so fast without that
> > access.


> Ah, but couldn't they toss us aside now like Newt Gingrich looking
> for a new trophy wife?

Why would they want to toss the US aside? They are the US allies.Where will they get substitute exports markets of that magnitude? Which other economy can have current account deficit of $500 bn. a year?

Ulhas



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