Friday, January 16, 2009

UN Predicts Zero Growth

http://timesofindia.indiatimes.com/UN_predicts_zero_world_growth_in_2009/rssarticleshow/3985430.cms

How about that, UN also should comment on the runs that Sachin will score the next time he comes to bat.

Anyway assuming its true, world GDP would remain FLAT (unlike my abs) at 55 trillion. US, UK, EU will contract, Japan will be a small negative. Thats atleast -1% for 30 trillion of the world . Can the rest of the world bridge this ?

Interesting times. Why not contraction?

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