As far as growth of Indian economy is concern crude oil is major concern.Indian growth story will be finished once Brent Crude starts to trade above 120 $/ Barrel. In fact, Once Brent Crude starts boiling above 135-140 $/ Barrel; whatever efforts taken by developed economies so far will be over and rapid, uncontrolled recession likely hover all over the world. Energy as well as Commodity prices must correct 50-60 % over the next few months else dilemma of double dip recession is sure.
Only solution to address the real problem is by adopting "One World: One Currency." There are many developed countries struggle to grow with monetary easing (Abundant Money: Still No inflation), on the other hand, develop countries difficult to control spiral inflation hence force to curb growth by monetary tightening (Less Money:More inflation). Single currency will empower people across the globe and bring equality regarding wages, energy prices, affordable food prices and most important 'peace.'