2007-01-04 02:25:09 · 4 answers · asked by queen 3 in Business & Finance ➔ Investing
America is still the same old Uncle Sam. They have a strong currency policy for decades and the American Economy has whitherd much bad weather many times before and came out unscathed. This time also it will be the same since America has a large base of intellectuals dealing with the problem and if anyone can do it in the World it is Americans. Contries like India and China are new entrants to the world market. India has only less than 1% share of world trade. It has lot of Environmental problem which will prevent the currency appreciating beyond what is now. China has potential. So as always the best place to invest is always USA and China might come second among the emerging economies. Other Advanced economies too are good I believe. India follows a weak currency policy with inferior products to export and bad environment not condusive enough to run an Economy. It will take a long time for this problem to be solved here in India. But for Indians living here for decades India seems to be making strides when in fact there is still poverty and old world tactics like fuedelism, Monarchism and Anarchy prevelent among populous plus economic ans ecological environmental degradation. Then there are lot of TV networks and media who give a different story and this is why westerners believe India is like China. India there are lot of Vested interest groups. Going against them will be political suicide and people learned old world methods to live going against which also is not right and politicaly bad strategy. Considering these factors India is like a Giant on a slow walk. So Investments here might produce results but not currency advantage.
2007-01-05 17:42:37 · answer #1 · answered by Mathew C 5 · 0⤊ 0⤋
I'm in the US and unless you are a currency trader that knows what you are doing, you should stay away from US $. There will be times when it will seem better, but I think the US is going to lose power over the next 2-4 decades. China and India are the place to be and the currency to be.
Look at the long term trend of the US vs Rupees and US vs RMB and you will know.
Now, the answer would be completely different if you would be bring the investment to the US, invest in Indian or Chinese stocks from the US. That is the best combination, but you did NOT ask that question!
KKP_Investor
2007-01-04 22:48:17 · answer #2 · answered by KKP_Investor 3 · 0⤊ 0⤋
"u" need not invest in us dollors !
2007-01-04 11:06:12 · answer #3 · answered by ourindiya 3 · 0⤊ 0⤋
no
2007-01-04 20:29:06 · answer #4 · answered by keral 6 · 0⤊ 0⤋