MikeLigalig.com

By Jennifer Yousfi
Managing Editor

Despite a still-slumping housing market, an escalating credit crunch and spiraling inflationary pressures, the U.S. economy should still manage to advance at a 1% to 2% clip in 2008.

While investors might view that as bad news, there’s actually a positive twist, since it means that U.S. economy will likely dodge the recession that some observers have feared.

Even so, the U.S. economy won’t be in the investment spotlight in 2008, and investors will see the first signs of the "decoupling" of the U.S. market from those overseas. While the United States is narrowly dodging recession, other global economies will be advancing by as much as 10%. The emergence of a growing middle class in such key markets as China, India and Eastern Europe will make global dependence on the U.S. economy a thing of the past. With tens of millions of newly minted consumers ready to spend in China, that country could easily weather a U.S. downturn.

Even with decoupling, U.S. investors still can profit from markets abroad - regardless of what’s going on here at home…

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Note, the major investors of these 'hot' economies is the United States. The United States, is the lone influential trading partner with China. Most of China's exports goes to the United States; and it is the United States' that is investing in China. China, in return, has purchased American gold bullion.

As in India, India is prospering due to the job outsourcing. I am furious of this. They are taking American jobs. I have friends who are Computer Engineers, and have been laid off  because there were Indian computer engineers who are willing to get paid 1/5th of the American counterpart.

I see India as the major threat to American economy, not China. China complements and 'answers' the unsatiable consumer demand of the American people. India on the other hand, takes our jobs.

That is an economic impediment to this nation.

The government must implement rules and sanctions with regards to this, dong.

American companies will always try to find ways to minimize cost and maximize profits. And if it means outsourcing jobs in India, they'll do it. (They're already doing it)

I think this is not only in USA.... it is the way what they called Global Business Intersection, isn't?