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PandaAI

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Sardaukar20 said:
The Indian scholars and businessmen are taking for granted that India will become the 3rd largest economy in the world. Sunil Barthi Mittal is saying that it's "written in the stars". Comments section is interesting.

Sunil Mittal said that China had a "free pass" with the US market in the past. India doesn't have that today, but it has a 1.5 billion strong consumer market. So he is basically saying that India doesn't need the world market to grow into the third largest economy. Who needs the US and Chinese market anyway?

Here's the problem. India joined the WTO in 1995, while China only joined in 2001. So in terms of having a "free pass" with the US market, India had a 6-year headstart over China. So why didn't India ran ahead of China first? Why did US companies predominantly chose to manufacture in Communist China over Democratic India?

The Indian elites have never dared to ask what if India doesn't achieve its hesepotential. What if India's lack of success vs China is purely self-inflicted? Opportunities were there, and India's opportunities were actually much better than China. But India keeps missing opportunities and then blames others for it. Right now, India is on course to miss yet another opportunity. But this time, Automation and AI would eventually close the best windows of opportunities for India for good. After that, it's the middle income trap.
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There is no difference between Indian elites and Indian online trolls. That sums up that whole country. It’s a country run by idiots for idiots. Very rarely do you see an Indian that is not batshit insane. Only Indian I can tolerate listening to is Vijay Prasad.
 
Chevalier

Chevalier

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Temstar said:
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Damn, if nothing else some people have good timing and good feel for changing of wind direction.
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Finland was one of those nations that should never have an issue with China. Prior to its joining of NATO, Finland was a reliable partner. Its full throated support of nato and the U.S. therefore makes Chinese continued investment into the country problematic especially since it needed to divest from Huawei as a condition for joining the U.S. and it needs Chinese investment badly. Unemployment is like 10%, the highest in the EU and this situation is not helped by importing Indians en masse.
 
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