West was beating the old man mercilessly. Singh is a kind, the blue eyed boy of West especially USA in 2008 for nuclear deal did not benefit a single dollar invested on various ways into Indian economy by way of FDI. But the corruption in the Government that boiled down to common people did not result in any growth. All the money is entirely wasted, no goods and services is in anyway speaks of quality, all the euphoria that India shall compete any established player such as Korea China or Japan or with Vietnam Philippines and South American countries is not expected. The storage of educated labor too found to be empty talk not productive. Value of money eroded in USA Europe and elsewhere from this waste but India lost total trust. Those who could siphoned away money to Foreign Banks (and they west is very aware of their location and owner), they have done so without any change in the economic atmosphere for India. India is facing balance of payment in one hand, and arm twisting in the other to give away direct control to US that did not happen with Nuclear treaty. US truly needed direct control in India - they no longer think that it could wait. US has its own economic compulsion. Retails in USA is a huge burden to the economy. Retail workforce is semi..semi employed. They are temporary, without health benefit nor do they have any alternative employment. Employment generation virtually stopped with retails giant such as Walmarts. Since they no longer market anything US. Sooner than later US has no option but to squeeze them out of USA. At least it is true about Wal-Mart. e-market is steadily competing with retail business. It is often cheaper for ordinary American to avail Internet retail stores than Giant physical stores such as Walmart.
For anybody even to waste dud money India is not preferred market to invest. Balance of payment crisis that is staring India, is despite all the political talk of free market competition etc. India has long lost the strength of producing anything that speaks of honesty and quality. It is impossible to move any Indian to produce anything of value. Further the entire structure of management, bureaucracy, or governance never opt for profit through quality work instead profitability by use of Intelligence that is nothing but cheating. The case for economic stability in India can't happen with $2 billion investment per year. Indian soil is no longer that fertile. India no longer produces or promotes people of integrity.
The motto for Indians beg borrow and live. Steal as much you can but bury them future and do not invest.
Somehow this sub-continent is able to frustrate every ulterior motive of USA (creation of Gandhi Bhutto dynasty). ISI and SC in Pakistan playing foul; SC and CAG playing foul in India.
US is no better. With huge expense, 16 trillion dollar excess money, US has lost out in the race of technology supremacy. Apple ip** series of products or Curiosity Rover does not make US superior to Korea Japan China and many other places. US could not win any war in last 12 years even after huge loss. US does not the stomach to engage into war with any other country in near future. US is not going to fire a single bullet to Iran even if they make bomb and blast it in Persian Gulf or Arabian sea. Product company such as Google, Microsoft, Apple, Facebook have to be supported by US Government to keep in check money that is accumulating with middle class. Every four year if not earlier it has to be burnt to nothing via 401k.
Motto in USA is keep money printing going and keep middle class in check invoking stock market crash.
For anybody even to waste dud money India is not preferred market to invest. Balance of payment crisis that is staring India, is despite all the political talk of free market competition etc. India has long lost the strength of producing anything that speaks of honesty and quality. It is impossible to move any Indian to produce anything of value. Further the entire structure of management, bureaucracy, or governance never opt for profit through quality work instead profitability by use of Intelligence that is nothing but cheating. The case for economic stability in India can't happen with $2 billion investment per year. Indian soil is no longer that fertile. India no longer produces or promotes people of integrity.
The motto for Indians beg borrow and live. Steal as much you can but bury them future and do not invest.
Somehow this sub-continent is able to frustrate every ulterior motive of USA (creation of Gandhi Bhutto dynasty). ISI and SC in Pakistan playing foul; SC and CAG playing foul in India.
US is no better. With huge expense, 16 trillion dollar excess money, US has lost out in the race of technology supremacy. Apple ip** series of products or Curiosity Rover does not make US superior to Korea Japan China and many other places. US could not win any war in last 12 years even after huge loss. US does not the stomach to engage into war with any other country in near future. US is not going to fire a single bullet to Iran even if they make bomb and blast it in Persian Gulf or Arabian sea. Product company such as Google, Microsoft, Apple, Facebook have to be supported by US Government to keep in check money that is accumulating with middle class. Every four year if not earlier it has to be burnt to nothing via 401k.
Motto in USA is keep money printing going and keep middle class in check invoking stock market crash.
No comments:
Post a Comment