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If Depression Hits India ??

4 posts · originally from https://geek.digit.in/community/threads/if-depression-hits-india.98140/

naveen_reloaded
naveen_reloaded Original post #1
Sep 21, 2008 at 4:51 PM
We all know that U.S economy is falling like cards and many banks and gov are trying to stop it or postpone it...

We also know that this Economically strong India is mainly becoz of the IT dept.. and many of which are from U.S outsourcing..

More over we also depend on U.S for manyh reason...

So If U.S is hit by another depression wht will happen in India , And wht changes will fast and what will happen in general...

Share your thoughts...!!!
Faun
Faun #2
Sep 21, 2008 at 4:55 PM
Der Untergang :p
Renny
Renny #3
Sep 21, 2008 at 6:38 PM
Most US presidential runners say they are against outsourcing to India and say that they'll curb it once they are in power just to woo voters,

But in reality companies make HUGE profits because of their outsourcing to India and these companies aren't ready to lose their profit margin ;) ,

We are quite insulated to the US recession but some ripples will be felt, thats it.
desiibond
Sep 21, 2008 at 7:08 PM
We all know that U.S economy is falling like cards and many banks and gov are trying to stop it or postpone it...

We also know that this Economically strong India is mainly becoz of the IT dept.. and many of which are from U.S outsourcing..

More over we also depend on U.S for manyh reason...

So If U.S is hit by another depression wht will happen in India , And wht changes will fast and what will happen in general...

Share your thoughts...!!!

Digit will lose half of the forum's active members :)