Author: observer
Date: 04-21-12 01:29
The economic collapse of the Soviet Union was because of its excessive military expenditure. Similarly, the US has overextended itself militarily as evidenced by its huge debt problem which is now the size of its annual GDP. India can ill- afford spending its precious financial resources on war/defence and neglect investment in infrastructure construction. I think China's policy of massive investment in infrastructural projects is a correct one. China should not be sucked into an arms race with the US/India.
|
|
The Asiawind forums are provided to you by
InTechTra Inc.
