David Buick , partner BCG express his view on CNBC that European sovereign debt problems will still a big issue.
GDP across the developing nations like India and China also going down. China it went down up to the 8.1% and in India it went down to 7%.
World market is still standing on lot of low interest rate and stimulating package. How long this will sustain market?
Low interest rate soon rise the inflation as well which will create another problems. Printing money even not solve the problem.For example country like Spain how long will print money, It will be nice to see how the Spain country will survive for next 2-3 years.
Spain is a bigger concern now than Greece.But World have to see how US and China will save Spain and Europe.Both the country have vested interest in Euro. Euro fall make a big crises in world economy. China Economy mostly depends on export to Europe and US.
