As world is going in financial turmoil its interesting to note that so called financial expert made world to believe that picture is rosy for last year and in fact helped world to go in financial bubble which can prove to be fatal now.
Its more interesting to note that as USA is in recession since 2007 but none of the so called analyst from wall street of elsewhere are accepting that fact .
More childish is fed policies to keep American dominance in world market that recession and credit crisis he is trying to solve with printing more money!
I am mentioned long back sub prime crisis has potential to take American economy to deep problems and so called analyst of India ignored it for too long and now people are paying for there mistakes.
As i mentioned six months back that money was parked for short term India and it was withdrawn much faster than it came now but more important is whats there ahead.
If fed chief does not brings sensible solution of the American crisis soon we can see world markets in huge soup in this year .
His so called solutions of past year have potential to take all world economies in recession only hope is CHINA ,which needs to take leadership role from USA in coming future.
India can be only bystander for time being.
