Investment Valuation in India

This is an interesting article from Forbes... Excerpts: China has often underestimated its actual growth rate and, as a result, the degree by which its actual growth exceeded its potential growth in the past few years, as well as all the problems associated with overheating. Such underestimation often compromised the Chinese government’s efforts at timely and effective macro-control. Given the revised data, the Chinese economy experienced full-blown overheating – not the so-called “slight speeding” or “partial overheating” – right before the global financial crisis. Of course, double-digit inflation was absent this time because China had permanently switched from shortage economy to surplus economy around the mid-1990s. .... ...It was an unprecedented phenomenon that China’s actual growth rate exceeded its potential growth rate for six consecutive years of 2003-2008. After years of overheating, the Chinese economy was destined to undergo a downward adjustment process even if without th...

This is a link to a post that I read on one of the blogs..... Most Americans still appear to be operating under the delusion that the "recession" will soon pass and that things will get back to "normal" very soon. Unfortunately, that is not anywhere close to the truth. What we are now witnessing are the early stages of the complete and total breakdown of the U.S. economic system. ...... Read more