Indian Economics thread.

[Bellum_Romanum]

This is one of the reasons why we, including myself poke fun of the hindutva crowd with gems like this:

 

[Chandragupt]

But isn't thay misleading because India's population is way higher than Germany or Russia or HK. So the number of rich people per capital is much lower. I would expect there to be more rich people in India did just based on their population. With 140 billionaires in a population of over 1.2 billion, doesn't that show the wealth disparity?

That does show income disparity but it also shows that GDP of India is heavily underestimated GDP of China is underestimated as well but not as much as India because China is more organized

 

[Phead128]

China's GDP was three times that of India in 2006. China's gdp is now more zhan six times that of India. The gap is only getting larger.

It's crazy that just in 2011, China eclipsed Japan.
Now fast forward 10 years later, China is 5X larger than Japan using IMF calcs.

Even veteran China watchers can't keep up. We are witnessing 1910's Qing-era level of change, but in a positive direction.

 

[56860]

It's crazy that just in 2011, China eclipsed Japan.
Now fast forward 10 years later, China is 5X larger than Japan using IMF calcs.

Even veteran China watchers can't keep up. We are witnessing 1910's Qing-era level of change, but in a positive direction.

I was quite young back then but I distinctly remember Japanese being salty about China's economy passing them in 2011, some rubbish about losing the title of 'big brother of asia'.

I wonder how japs feel in 2021, where Japan (4.912b) is the equal of three Chinese provinces: Guangdong + Jiangsu + Shandong (5.087b).

 

[Chish]

Yeah but there is significant number of rich people in india who can afford to buy luxury cars not as much as China or USA but still significant

Of course there are a lot of rich Indians, that is not an issue here, there are also billionaires in much smaller or poorer countries. Having more billionaires owning "supercars" or even spaceships in any country with a growing poorer population is not a sign of progress.

 

[james smith esq]

That does show income disparity but it also shows that GDP of India is heavily underestimated GDP of China is underestimated as well but not as much as India because China is more organized

Yes, because Cow Shit isn’t factored in, right?

 

[Chandragupt]

Of course there are a lot of rich Indians, that is not an issue here, there are also billionaires in much smaller or poorer countries. Having more billionaires owning "supercars" or even spaceships in any country with a growing poorer population is not a sign of progress.

The Non-Muslim Population of India (around 80%) is on decline and it’s getting wealthier and wealthier poverty is declining in the non-Muslim population
I said non-muslim because they have adopted family planning their total fertility rate is 1.9
Muslim population in india is still growing they’re also getting wealthier but at a much slower pace the simple reason behind this is fanatic islamist ideology which stops them from getting proper education and adopting family planning

 

[Chish]

A

It's crazy that just in 2011, China eclipsed Japan.
Now fast forward 10 years later, China is 5X larger than Japan using IMF calcs.

Even veteran China watchers can't keep up. We are witnessing 1910's Qing-era level of change, but in a positive direction.

And anyone still wonder why Japan is so hyperventilating these days?

 

[56860]

A

And anyone still wonder why Japan is so hyperventilating these days?

They know if US ever collapses (definitely a non-zero possibility the way things are going) they are f----d.

 

[ficker22]

I think most of the guys bashing India are Bangladeshis or Pakistanis because I hardly find chinese bashing India

There is no need to bash India

A

And anyone still wonder why Japan is so hyperventilating these days?

Prob the next hentai has a girl and a stallion in it....