Ask HN: On present socio-eco-political trends in USA
Disclaimer: I am not an American and I have not been there. Am not sure if this is the right forum to ask this question, but since the sensibility quotient of answers on HN is far better than any other forum, am attempting it. At the risk of being downvoted for irrelevant content, here I go.
Off-late there is a lot of talk about US being obsolete, the near-possible dollar devaluation and a subsequent socio-political breakdown and economic crash that is supposedly lurking around the corner. Should I be bothered if I am a
i) guy working for an Indian IT services company which depends largely on projects outsourced from America and Europe. ii) guy about to be sent to US, on an outsourced project.
Suppose the USD is devalued, what impact would such a move have on businesses in Asia esp., IT services firms working on outsourced projects that rely a lot on the exchange rate (their local currency vs USD) for their profitability?
Thanks!
endnote: Let me be honest. I am an engineer working for an IT services firm in India for quite some time now (but have not been to the USA or any place abroad, which is like _a_big_shameful_thing_ out here ;)) But looks like it is about to change as I have been offered such a chance. But reading stuff like the impending doom and crash makes me to worry a bit. Hence, the question; so that I can have more views and thoughts on the matter, which would help me a lot to take the right decision.