OBAMA Visit to INDIA.....What do you think?

Every Americans, Indians and many other knows is it well, that barack Obama is on visit To India..

Any kind of deal?

he want to help India?

He want to help America?

He wanted to visit Worlds largest democratic country??

or anything else??

what do you think about it ?

 

I think that posting in CAPS sucks .

 

I think he wants to see the world on the taxpayer's dime before he gets booted out of office.

 

haha..thats pretty good response...

As per the source: He has become salesman

 

I think... India pakistan war not so far...

 

I do not agree. The Paki's are pretty crazy, but I don't think they are crazy enough to attack India. Doing so would push them over the edge from "pretend allies" to "real enemies" of the United States.

 

Be careful, the PM of the UK David Cameron just struck up a deal in India to allow unregulated intercompany transfers of Indian workers into the UK and also the EU has given India 20,000 work visas a year for Indian I.T. workers for the UK.

 

We sell that in the US as giving away "Jobs Americans dont Want". The other sell on that one is, "Jobs Americans are not trained to do". Apparently selling it as, "Jobs a poorly trained foreigner with bad english skills is willing to do for much less, provided we can get them into the country" doesn't work to well with the voting public. Don't sweat it though. I'm sure unemployment in the UK is non-existent, so importing labor for those jobs is the charitable thing to do, and doesn't cost you a thing.

 

Its very hypocritical to expect other countries to open up their economies for you while you adopt protectionist policies. I'm glad your leadership doesn't share this attitude, what you guys think isn't worth a continental.

 

over protectionism will be some thing to watch out for, don't sweat it over then

 

Ever heard of trade deficit Helvetti ? The solution for global prosperity is not for one nation to get rich by sucking from another one's wealth . The economic crisis was largely triggered by the fact that the Western nations imported from China like mad . I know you're trying to protect your revenues but the key to a nation's prosperity is internal growth .

Thanks to extremely weak policies in the last 2 years the prime dictator of China is now the world's most powerful man . Long live oppression and brutal exploitation , yay .

 

China is a different case, they artificially undervalue their currency which is not in the spirit of free market globalization.

 

Whit the existence of a ruthless monopoly on energy and rare earths I don't think we can talk about a free market glottalization . It's more of a polished myth that some people throw around .

 

I am Indian and its very
honorable to us that Mr.Barack
Obama visit India and enjoying each
and every moment.Definitely this
trip of President strong the relation
between both countries.

 

Countries need to do what is in their own interest. Expansion of the global economy and free trade is good for everyone, but I am most definitely not a fan of any country importing foreign workers to drive down the labor cost within their own market. I'm am also not at all a fan of one world government. When all countries have some sort of economic parity, perhaps then we can consider open borders. Until then, its just a stupid anti-nationalist wealth re-distribution program.

 

It will be another couple of hundred years or more before the worlds powers will implement open borders and even then regulations will be in place .

 

Wrong. Ever heard of the sub prime crisis? The simple explanation: people borrowed and borrowed money from the banks, who gave easy credit without checking whether those people will be able to repay their loans or not. In the end, most loans were defaulted. Lehman bros became bankrupt and a few banks had to be bailed out. Lack of proper financial regulation in the US and some other western countries was the reason for the crisis.

 

Actually that's just a small part of the problem. The financial sector crisis was just the boil that ruptured and hurt like hell . Where do you think the Chinese got enough money to start pushing their e-peen around ? Whit what finances was Burj Dubai built ?

The West's highly advanced economies managed to sustain the huge oil imports but when we started loosing the industrial edge and added immigration pressure the money started to run out . We always borrowed like mad simply because we love to build , invest and create something closer to perfection but when the base mechanism failed the shock wave traveled from the industries to the loaners and to the banks . And the the banks exploded triggering a chain reaction . The thing whit economy is that the most complicated thing is extremely simple and the simplest thing is enormously complicated .

Anyway more on that in the next few days .

 

No dude, you have got it all wrong.

1) Banks lent money to people who couldn't pay it back
2) Credit creation cycle was disrupted and money supply shrunk
3) Houses were foreclosed in large numbers and went on sale suddenly creating a glut in the market
4) Property prices reduced and that made people intentionally default on more loans
5) Ultimately banks racked up huge bad debts
6) There was no credit creation
7) Little available credit became expensive and businesses didn't have access to cheap credit
8) Expansions were not possible and businesses depending on credit had to cut down production.
9) This lead to shrinking of the economy and unemployment.

Most complicated thing is extremely simple and the simplest thing is made to be enormously complicated.

 

I'm afraid Helvetii's got it all right here