India Rising: The New Empire, Business and Indian Economy Growth
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A news segment from ABC news. Really fascinating and breath taking! India has one of the world's fastest growing economies with growing pains to match. There are 53 billionaires in the country, but 300 million people are living on less than a dollar a day. The growing pains of one of the world's fastest growing economies. Find out where there's money to be made and meet a roster of Indian billionaires,
Comments
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Damn, so they have been saying this for 4 years now.
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most americans in europe could not take a high school diploma, the reason why usa society is made this way is because the usa is not made to be a productive society but a consumer society, americans are not to be creators because all companys are already created, there about corporations on a world level producing the same products, so there isnt much room for new things, and the new things are high tech and will come from the brightest and most educated in the usa, what i am trying to say is that usa economy is evolved into a new paradigm witch is service secotr economy and basic consumption to feed the corporations with more cash, of course this system will implode in the future because nothing can grow forever or just keep consuming in a world with limited resources. europe is still a productive economy producing people to become leaders of new industries and produce new products, without the easiness to access resources like the usa has with the usa dollar
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I don't have anything against Indian people, however, I get frustrated whenever I call my bank and there's an Indian agent on the line. Sometimes I can't understand he/she because of their accents.
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this means India will have 700 million ppl living in poor country with over 50 in couple years... India just smells like disaster all over. hey just don't export your millions to other country's we are all full here.
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im talking also on invesment side, the country is too chaotic to work, ppl too problematic even though their slave labor is attractive on a busyness point view the country is too unstable on the long run and there's country's who produce more and protect your interests without the red tape and corruption like Cambodia, Vietnam, Myanmar even Africa...
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i think India is one disaster waiting to happen, arrogant, warmongers, overpopulated with 200 million almost starving, if the world economy dipps, India will have a civil war with millions starving, on top Indians have this dream to have world dominance and marry white women kind of revenge at the west, their attitude is this we will win with our numbers, quality 0. an inflated country corrupt and chaotic, worries me more that India has atomic weapons then Iran actually.
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Home to 150 million peaceful muslims american sarcasm foking Yankees
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"Take a champagne bottle, shake it for an hour, then take the cork off, you dont want to be in the way of that cork" thats what indian economy is...loved the way he defined. :)
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Ur right the average Indian salary is far far lower than in the west and we are still a poor country. Strange that you seem to be hating us cause we are poor n Australia is rich !!! Indian labour is cheap cause we are poor and that paradoxically gives India an edge this would be true for another country. You shouldn't be dissing people just cause they r poor and are taking advantage of watever they have to get ahead
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Can't believe how dumb you are. Lots of countries focus on their local/ preffered sports. Lets see your team of fat ugly fucks copete with us in Cricket .
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No he is just a pissed off Aussie who's dad has lost his job to an India :)
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Even if that was true (Which its not, since the average Indian's per hour wage has increased 5 folds in the last decade alone)The cost of living in India is barely 1/8th of Australia. Besides whats the point of all this bragging when your country is so weak (politically I mean)You do know that we're taking all of your natural resources like Uranium (which even being an NPT country, might I add). We're determined to not only catch up but over take.And our economic numbers prove that. So fuck U :)
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10.
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How old are you, kid?
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I heard buying an xbox 360 is worth more than your monthly salary
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A lot of dough with perks! A lot of companies' employees measure their payments in EMIs (Every monthly instalments) rather than just plain cash. As for cheap labour, I wish what you were saying was true. But unfortunately, our manufacturing sector is abysmal. India is not exactly a business friendly place. A lot of stupid and unnecessary regulations, tariffs, corruption, poor infrastructure, and onerous labour laws, makes it one of the last places where you would open a factory or business.
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LOL. Wow, you seriously are dumb!
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Despite so many Scams and Swis bank Hawala money INDIA GROWTH IS UNBLVBL -GR88
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Don't know! Don't care! :-)
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Good! Then you can stuff them up your fat gelatinous asses.
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