Wednesday, January 9, 2008

Can the good times last?

People have asked me if India's roaring economy and rising market can last. The article above asks the very same question. We know that all economic trends are cyclical, but some economies are in an upward movement. The United States is a great example. Their economic trend has moved upward for the last 100 years. Since the industrial revolution the American stock market is a powerhouse that simply keeps rising - much faster than inflation. Why can't India's economy do the same? I know it certainly can. Inside the numbers are simple common sense, but inside history there is the true lesson. India is an economic powerhouse. It has been awakened. Soon India will become a world power, and we must be ready.

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