The second richest man of this world is not very keen about the recovery of American market. He says that there is "no bounce" for the economy. However the things will heal slowly.
As i understand, It will have far reaching effects on the world economy. Though miracles never happen, can we expect India to emerge as the center of the world?
Highly Unlikely, that should be your answer. Its unlikely, because we have never thought of it. As i know, Only indian firm to see a global dream was "Videocon", which has not been able to be a clear winner in indian market. Is LR Mittal indian? - no.
Warren buffet's frustration is well understood. But why aren't we frustrated? ( in his way)
He has invested heavily in Chinese market. But who cares, even if the Dragon is growing in our neighborhood. We should focus on Pakistan, shouldn't we? As at least 90 indians have the power to bail out Paki Economy any time ( 1 Billion $ is enough for them)
Let's Be frustrated for this week as we celebrate the world food week, simultaneously we can pay some respect to Mr. Buffet.
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