As anticipated in my analysis, with which readers will be familiar:
http://link.ft.com/r/IOCBMM/GDNVDG/NGUK/HYQ233/YBAJ5N/7V/t?a1=2011&a2=12&a3=7
The same was predicted for Russia and China - and for commodities; even worse for other emerging markets.
For India, I had anticipated that there would be a slowdown, but not to the same extent as in Brazil, Russia and China - unless the Indian government did something stupid. So far the government has resisted that temptation.
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Tuesday, December 06, 2011
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