Dr.T.V.Gopalakrishnan , Mumbai , says: The recovery of US dollar will sustain as its GDP and employment growth have started picking up and the momentum will be maintained. Once the confidence level improves,the economy will pick up fast and the strength of dollar will improve. It is time for president Obama to project his image and improve his prospects of getting reelected.The economic policies initiated by his Govt have started yielding results and the problems in other economies particularly the European economy will get sorted out to a great extent once the US economy picks up.The year 2012 will be good for the US economy as its downward cycle has almost come to an end.Earlier the US economy and the dollar improve, the better for the rest of the world.
10 Jan 2012, 1813 hrs IST
(This appeared in ET dt,10/01/12).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment