chailatte
- apathy from upper/middle class towards lower classes
- willingness from normal citizens to live with human feces on the streets, eat in restaurants with huge garbage piles right in front
- spinelessness/cowardness from the voting public
so what if there are smart people in india? they are spineless/uncompassionate/unfeeling/unprideful.
Phillipines Malaysia Singapore Argentina Lots of eastern european countries
They all have way better infrastructure than India
Brazil GDP: 2.5T (2012) Russia GDP: 2.1T (2012)
India GDP: 1.9T (2012)
India isn't even in the same league as China. India has to compete with Russia/Brazil. BRIC is an old grouping from years ago.
Having a huge population and being democratic doesn't automatically give you a bigger economy. Look at South Korea (1.3T) or Japan (6T) comparatively.
"India has lost the war against the toughest forms of antibiotic resistance, largely because of poor sanitation, unregulated use of antibiotics and an absence of drug resistance monitoring, according to the man who discovered a type of drug resistance in bacteria in New Delhi."
http://blogs.wsj.com/indiarealtime/2013/04/23/india-has-lost...
lol right. go to shanghai or hong kong, then go to mumbai, and tell me that with a straight face.
1.) the young generation is still corrupt and apathetic and spineless 2.) assuming your number is correct (which I doubt), 90% of those students who overpaid for a masters are staying in the US
1.) large population
2.) squatters rights
3.) apathetic/spineless voters
4.) human fecal matters on the streets
5.) water shortage
6.) religious ferver
7.) entranched corruption
8.)....many more
1.) Everyone in the thread is ignoring a huge point raised by the author: this is the last biggest bubble we will ever witness in our lifetime (and possibly for many lifetimes) due to
a.) unpeg of gold standard
b.) shift from farm to factory work
c.) shift from one income to two income household
d.) machine/software advances
and many other factors has produced the greatest economic growth we have ever seen in history. However, due to
a.) unsustainable financial gambling
b.) wealth growth only in top 1%, mostly through rentier effects
c.) robots, automation and artificial intelligence resulting in jobs destruction
d.) population slowdown, shift to older demographics
the second dip in global economic depression is happening. and will induce so much deflation soon that 99% of the world population will be very very poor. for 3-4 generations.
2.) due to the lack of hygiene/lack of transportation/too many people/bad weather/trash everywhere/homeless everywhere/fecal matters on the streets/too many doctors prescribing antibiotics, resulting in super-resistant viruses, there will be a huge epidemic sooner or later that might wipe out millions of people, and nobody will be able to do anything about it because the crash in the economy.
3.) Growth in IT outsourcing is no more. Foreign investments are down big. There are better countries for companies to invest in that have better infrastructure and speaks better english.
btw, if your bank is
jp morgan chase
citibank
bank of america
hsbc
you should be ashamed of yourself.