Indian Economics thread.
- Thread starter styx
- Start date
- Status
Wow, what a vile animals. Beating a 19 year old girl to pulp.
It's a given. It's quite hard to find much to cheer for India when it's squared up against China.
I think the whole existence of this thread is giving too much credit to India, its importance and ofcourse maybe even indirectly pandering to the Dionysian tendencies that Indians are accused of in that 1997 article.
Its unfair. China has better adversaries and rivals to compare itself to. It's GDP per capita and other issues need to be improved. The path is an uphill one.
While Billionaires becoming richer is a universal phenomenon the difference lies in how Indian Billionaires achieve it. Look at Adani. He went from net worth of $2bn in 2014 to $75bn in 2021. All because of crony capitalism. Modi literally changed all rules in his favour and helped Adani secure majority ownership of major ports, airports, mines etc
In China Billionaires become rich through extreme competition and organic growth while in India Modi literally destroys competition to ensure that his favorite businessman has no problem in capturing the market.
Superpawa 2020 Redux? Now that the previous target date badly missed.
This guy is the biggest crony capitalist of India. His net worth went from $2bn in 2014 to $75bn now. All because he's Modis closest businessman (bankrolls BJPs elections). Every major port, airport ,highway, mines etc are owned by him. Any businessman who dared to compete with him was targeted by Indian agencies and was forced to back off. That's how he became rich.
For this guy to give predictions is laughable.
- Status