| Author: N K Ravishankara 01 Nov 2009 | Member Level: Diamond | Rating:  Points: 5 |
It is good to see the author's equation, but in 2025 if the present economic scenario stays or it improves further. A lot of factors depend on this issue to make it 1 Dollor=1 rupee by the year 2025, moreover the economy factor and stability in government should also be taken in to account to make it a reality.
In my personal view, individually I am not much benefited by this equation if it becomes a reality factor by 2025, only aspect I can say I am happy, that equation may bring down certain crude oil prices in the international market so in that way I may be be benefited.
Further those who have Google Adsense account, to those it may benefit or not cannot be said right now, if rupee value becomes equal to dollar value, then what about the amount one is going to get by 2025, only those who have Google Adsense account can only clarify, right at the moment I need not have to worry much on that specific issue, as I am yet to get Google Adsense account.
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| Author: Gyandeep Kaushal 01 Nov 2009 | Member Level: Gold | Rating: Points: 4 |
Hello Ganesh,
Your vision is a sacred one towards Indian Economy. You said that by 2025 India will equalize itself to the US economy maybe and it 1 Rupee may come to be equal to 1 dollar. I think this is not possible. I agree that India is developing. Many agree that the speed of development is also good, and maybe keeping this in mind you are also saying that we will equalize 1 rupee to 1 dollar by 2025. But don't you think that this is an impossible idea? Do you actually think that the development of USA will be paused till 2025. Do you think that US is so kind to India that it will allow us to get equal to them so easily.
I think this is not possible, though you have a good intended vision.
Regards & Thanks.
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| Author: Ganesh Babu 01 Nov 2009 | Member Level: Gold | Rating: Points: 6 |
Hello Friends,
Please have a look at my post, actually I didn't mention that 1 Dollar will equal to 1 Rupee by 2025 and I mentioned that our country will come to spot 4 by 2025. I just said very soon it will happen.
I have strong support to my quote, hope those who are aware of the price hike in gold will be aware of what is happening around the world.
Let me give a snippet of that,
As of now dollar is the universal hero in the case of foreign exchange as dollar acts as a prime source of import and export.But after the economic recession countries like China, Russia, France, Brazil and the gulf countries had a meeting to bring a common basket for exchange removing the dollar scenario. Till that Gold will act as a prime thing for exchange( exchanging in the form of gold) as it will have neutral value.Hence keeping in mind this factor all the countries have started saving/hiding gold. Hence the price hike started.
This change will definetly affect the value of Dollar and it starts loosing its weightage in the global economy.
While talking about our country, we just had economic slowdown (not recession) which made our GDP to stay around 8, where as US had economic recession where their GDP went to negative.
Additionally I also like to quote that in 2025 US will come to 2nd spot which will be over taken by China.
Now, can you change your view from 'not possible' to 'possible'.
Proud to be an Indian.
With Best Regards,
Ganesh Babu.S
Member Level:Gold
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