Tuesday, June 16, 2009

The wealthy and poor in India

Everybody is talking about recession, even the strongest economies in the world are choking. It is quite evident that the US recession has affected rest of the world and major impact has been on countries like India and China,

I am not sure if this is right, But I've heard recession in India and China is still managed well by the working class than many western countries due to the cost of living and the age old habit of saving. Nevertheless, when US cough's many economies in the world catch a cold.

There is an interesting article you may like, ready the summary on the below link.
http://en.oboulo.com/the-rich-dad-poor-debt-an-indian-perspective-65054.html



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