panduranghari
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If you could kindly read a post I just made here may be you can see a different point of view?.. he then goes on to describe the ever increasing imbalance in the balance of payments again not necessary to say in who's favour .
http://defenceforumindia.com/forum/economy-infrastructure/35581-should-india-pass-legislation-regarding-trade-china.html#post484662
Also China is exploiting the globe doing this from Africa to the Arctic. I doubt India would/could do much to stop that.
If it is of solace, India is the biggest importer of gold. Gold is real money.
http://defenceforumindia.com/forum/economy-infrastructure/35336-indias-credit-rating-almost-junk-2.html#post482110
The future is bright for India. I personally believe gold will be the thing which will buy oil. OIL is pivotal to every aspect of our life. Without oil everything shuts down.
I saw a movie in 2009 called Collapse. I encourage everyone to go out and buy it.
Here is a trailer for your consumption;
[video=youtube_share;WAyHIOg5aHk]http://youtu.be/WAyHIOg5aHk[/video]
Thanks for reading.