Miscellaneous News
- Thread starter bd popeye
- Start date
Do as I say, not as I do.
"[Ai Wei Wei, Chinese dissident] believes China is “in an upward phase,” pointing to individual wealth, national strength and personal freedoms, though discussing political topics remains taboo. “The overall trajectory is one of ascent, even though different problems emerge at different stages.”
Western society, conversely, is in decline, he argued, in perhaps rare agreement with the frequent message from Chinese leaders. He added that changes he’s seen over the past 10 years have “shocked” him. “It feels like a landslide burying the highways it once built. Values once celebrated now appear hollow and collapsed. The West increasingly struggles to sustain its own logic; in many areas it has lost its ethical authority and descended into something barely recognizable.”
Dang, sounds like he wants back in
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 it's potential. 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.
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 it's potential. 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.