World economy
@smoothinterest (3)
India
October 30, 2006 12:54am CST
The current world economy is totally volatile.No one don't know what will happen after 10 years down the line.According to me 3rd world country will be badly affect.If we analized the scenario of world economy then we will find that 30% of world economy controlled by USA and 17% world economy controlled by EUR country and 2% economy (Specially on aumobile world )by JERMANY.so remaining part 51% is totally volatile.This 51% changes with situation...And unfortunately that situation is totaly unknown to us...So due to this kind of unpredictable scenario,world economay is totally volatile.
1 response
@sachinbhinge (502)
• India
30 Oct 06
51% world economy is not volatile, but its dependent.As 3rd worlds economy depends on US/EU/Japan/germany and all... so if they are firm with their economy. moreever their is no 3rd world after soviets collapse. there is only one which controlls global econmy by selling their products and others are dependents of it who buy from global economy. In the name of globalization, few economies are spread everywhere.
