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15 Jan 2009

5 Effects of US Sub prime Crisis in India


A number of aspects are going to be affected by sub prime crisis and prominent among them are listed below:
(a) wealth erosion is being seen in all forms of investors whether long term or short term investor.
(b) Job losses will be the order of the day and same may be given a more dignified name as rationalisation or deverticalisation.
(c) People will become more insecure and same is reflected in CBOE index.
(d) Real estate, automobile, cement and steel sector are affected to a great extent.
(e) Trade and FDI are being affected and thus global economy is in danger.

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