Wednesday, July 23, 2008

US and India comparisons

US - World's earliest democracy. India - World's biggest democracy.
US - there is a housing reform bill. India - there is a banking/insurance reform bill
US - tax rebate package - to boost economy........ India - farmers relief
US - elections. India - elections
US - Fed not raising rates as expected........ India - RBI raising rates, but slower than expected / inflation rise.
US - real int rates -ve ... India - real int rates -ve
US - markets still not recuperating much... India - market is 20% up from the recent lows

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