India ranks 4th among money obsessed nations

By siliconindia   |   Friday, 26 February 2010, 15:39 IST   |    25 Comments
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India ranks 4th among money obsessed nations
Bangalore: With importance of money being increased after financial crisis, India has emerged one of those nations, which believes the saying "money talks" more than people in other countries, and typically thinks that cash is very important. According to the World Journal, a public survey launched by Reuters and Ipsos, India ranks fourth with 78 percent of its people placing greater value on money after the financial crisis, which is followed by Russia, Turkey and Brazil. But, there are84 percent of respondents from China, Japan and Korea. "Money confirms a person's success" is a common opinion among people from these countries. 69 percent of Chinese and Korean's agree, while 67 percent of Indian's and 63 percent of Japanese support it too. However, most European people, especially the Dutch at 50 percent, think money is no more important than before. Following the Dutch, Mexican's, German's, Briton's, Belgian's and Canadian's hold the same view to a lesser degree.