Indian Economics Thread II
- Thread starter NiuBiDaRen
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Wrong thread
It helps that Japan and Germany are both sinking quite fast economically.
You can largely gauge a society by what it values!
Some make a big song and dance about the elimination of absolute poverty, others strive to be the next self proclaimed supapowah! Some talk about progressing towards a 'moderately prosperous society' where as others harp on about raising up the global GDP rankings!
The contrast between quiet confidence compared with insecure angst is writ large..........
It does, but there is a difference. China was very adept at learning from the West and in some cases exceeding it. India doesn't have the same human capital base and cannot repeat that trick.
Hence, India is more likely to become dependent on China for much longer, which will cause resentment. Already, a lot of Indian electronics manufacturers are just importing Chinese stuff and then slapping on an Indian label on it and calling it "made in India".
A typical example would be boat:
Of course, most of their investors aren't even Indian either.
supercat
Major
India needs to hurry up, seriously.
Well for one a free trade deal between both countries actually makes sense. India lacks resources and Australia has them. And the time when Australia had industries of significance is now long gone. But knowing how Australia typically rolls I doubt they will be that looking forward to Indian immigration into their country.
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