A
azn_cyniq
Guest
Is pmc Indian?
As your numbers show, India is about 20-30 years behind China in terms of development. However, the real problem for India is that it's not growing like China was 30 years ago. Double digit growth doesn't happen in India and they've grown very little compared to 2019, before the pandemic. So China keeps extending its lead. Of course that may change if India finds a new growth model.must issue a correction. they were like $100 ahead on paper GDP per capita, as meaningless as trying to compare Congo with Central African Republic. Otherwise on every physical development indicator, they were behind in 1980 and just fell further behind.
Proof from World Bank:
As your numbers show, India is about 20-30 years behind China in terms of development. However, the real problem for India is that it's not growing like China was 30 years ago. Double digit growth doesn't happen in India and they've grown very little compared to 2019, before the pandemic. So China keeps extending its lead. Of course that may change if India finds a new growth model.
Its at best meaningless and usually purposefully misleading to compare India to China of XXXX year, because the reason it is almost always done is to imply that India will become the new China in XX years.
But the reality is that much of India’s nominal GDP growth is meaningless paper growth, or outright deliberate manipulation as exemplified by India changing how it calculated GDP a few years back to yield a massive GDP boost. Strip out inflation, the China driven global basic commodity price hikes of recent decades and massive reductions in price of manufactured goods due to China, and India’s GDP and standards of living growth is going to be pitiful, because they have not really changed how the overwhelming majority of their economy and citizens work for decades. Just look at how Russia was forced to scrap its local currency oil deal with India almost immediately because they just ended up with piles of Rupees and nothing worthwhile to buy with them from India.
So long as India thinks superpower status and greatness is a birthright that doesn’t require any actual hard work to earn, they will forever be the nation of massive potential and minimal impact.
To bet on India ever even approaching China’s accomplishments without a fundamental cultural revolution in India and decades of sustained reforms and hard work is like comparing a world MMA champion with some couch potato who’s idea of training for the MMA is look up YouTube videos of martial arts styles, decided they are most suited to the Drunken Fist style, and then just became a raging alcoholic who ‘trained’ every day by just getting totally wasted while listening to motivational audiotapes.
They’re stupid and racist enough to believe they’re white...and Korean, Taiwanese, Filipinos, Japanese, Lithunian, Czech, Italianos thought they are going to be shielded when US released the bioweapon?
This is textbook fascism: intimidation of political dissidents using stste power. In the past, it was called tyranny. In current year, it’s called ”rules based world order“.“Youth Delegation to Cuba Detained on Return to US”
Insecure much?
Also this-
‘The US government intimidated several WWII veterans who wanted to fly to Moscow for the Victory Day parade, Russian ambassador to Washington Anatoly Antonov claimed on Monday.
US officials have blocked US veterans from reuniting with their Russian comrades in arms for the second year in a row, Antonov announced, even threatening to cancel their passports if they flew to Russia.’
Any one of these 90 year old vets would be worth more than the politicians currently in office, Antony Blinken, neocons et al.
Cheap SOBs simply can’t afford the vastly superior Indian QC. Guess they are Chinese after all.