INDIA IS BOOMING

India may become surprise "driver" of global growth, with even more true growth than China over the next few years or decades. This comes from a trend of gradual liberalization of the economy, especially rooting out local government corruption. So, interestingly, the non-US "growth case" does not entirely rely on China. India's much more slow-and-steady growth will (according to this camp) provide a basis for consistent global growth for many years to come.