Any possibility of war between China and US, on non-payment of debt by US in year 2009?
Asked by Ayyappan Ramasamy, 08 Nov '08 01:41 am
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Obama will prove to be Lal Bahdur for USA. But are Americans really happy to see a non-white person sitting at the top post of the country? If yes why stock market has gone sharply down after the victory of Obama? If the fall is due to critical financial position he inherited from Mr. Bush, will the situation not further deteriorate because now neither Mr. Bush nor Mr. Obama will take serious action to cure the financial cancer killing US and the entire world fastly? If financial position of USA goes beyond control, can our country remain decoupled from US for long? Dont you feel that our FM and PM have also failed to stop liquidity crisis in banks? If yes what will be the fate of public money, particularly small investors who have kept money in the banks? In the age of reformation, FM is advising banks for rate cut, for more and more lending at lower and lower rate specially when banks are offering higher and higher rates on deposits to cope with liquidity crisis they are ...moreAnswered by Danendra Jain, 08 Nov '08 06:04 am
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