Sounds like lies, damn lies and statistics! The debt ratios mentioned, what are they for. public, business, private, what?
Also, the rest of the world were moving to India in droves (not that steam engine pictured!) because India does have an educated, cheap(er), workforce!
In any case, forget about the current situation, in a few years, long after this post and 10,000 like it are forgotten, India, China, Australia and dare I say it, the US (but not the UK) will have recovered/be on the mend and will need each other like never before...
