Goodbye ‘India Shining’

[Chinese-Dragon]

Not really. There is only so much India can do about whatever goes on in EU or American market. If the demand in developed world falls it will obviously affect the supply from the developing world.

LOL, what happened to: "India's economy is based on domestic consumption so it is not as vulnerable to external slowdowns, as opposed to export-based economies like China."

This same mantra was used during the Credit Crunch too. It didn't work there either.

 

[Roybot]

LOL, what happened to: "India's economy is based on domestic consumption so it is not as vulnerable to external slowdowns, as opposed to export-based economies like China."

This same mantra was used during the Credit Crunch. It didn't work there either.

India is not China. Not every one of the 1.2 Billion Indians have the same opinion. Our government doesn't tell us what to think and what not to think.

 

[Chinese-Dragon]

India is not China. Not every one of the 1.2 Billion Indians have the same opinion. Our government doesn't tell us what to think and what not to think.

So you are saying that all 1.3 billion Chinese people have exactly the same opinions?

Then why are there so many arguments between Chinese members here? Why do some Chinese members despise Wen Jiabao, and some Chinese members support while others hate Xi Jinping?

I personally hate Jiang Zemin (former Chinese President) but some others do not. What's that about?

 

[KRAIT]

Yeah, our govt. doesn't tell us what to think and what not to.....They we don't care what we think and want. It goes on for scams after scams with amount increasing every f'ing time.

You know the funny part, we people especially the youth just bash our govt. and don't accept their own faults too.

We Indians don't understand the concept of "Collective Responsibility"

 

[Roybot]

So you are saying that all 1.3 billion Chinese people have exactly the same opinions?

Then why are there so many arguments between Chinese members here? Why do some Chinese members despise Wen Jiabao, and some Chinese members support while others hate Xi Jinping?

I personally hate Jiang Zemin (former Chinese President) but some others do not. What's that about?

Its all a charade, to make us believe us that they are not cpc bots.

 

[KRAIT]

Roybot...I wish similar charade also happens in India and ANYONE other then MMS becomes the Prime Minister for rest of the term of UPA.

BTW....how are you..??

@CD- Buddy, I'm back....will soon start the fight.

 

[jayron]

But we are not a shining incredible supa dupa powah!

Kinda sad Pakistanis have disassociated their country from topic of development.

 

[indian_jigar]

Roybot...I wish similar charade also happens in India and ANYONE other then MMS becomes the Prime Minister for rest of the term of UPA.

BTW....how are you..??

@CD- Buddy, I'm back....will soon start the fight.

MMS is an excellent Finance Minister. He should go back to that, and leave the PM position for someone who can actually lead the country, a good administrator like Modi. The guy is a freakin mute that can barely let a word out of his mouth.

 

[Hulk]

LOL, what happened to: "India's economy is based on domestic consumption so it is not as vulnerable to external slowdowns, as opposed to export-based economies like China."

This same mantra was used during the Credit Crunch too. It didn't work there either.

No economy can be based on domestic consumption. The people of country work for overseas clients, so they earn from foreign country. Then they spend on domestic market and some people think economy can grow within. I do not think so.

 

[indian_jigar]

No economy can be based on domestic consumption. The people of country work for overseas clients, so they earn from foreign country. Then they spend on domestic market and some people think economy can grow within. I do not think so.

Kind of correct, but not really. What you are saying is that the wealth in the whole world is constant, and if one country gets richer the other gets poorer. This is a very simpleton and wrong view of economics because the world economy as a whole has grown. The GDP of the whole world grew by 3% last year. So this points to the fact that wealth can be generated from external sources, but internally as well.

 

[cirr]

India will bounce back. 5.5% growth rate is not so bad, given the global economic downturn.

thought India was more “isolated” from the external conditions than China was？

China might also be slowing down for better or worse，at least this is partly the result of the “double whammy” policies of rebalancing its economic structure and putting a brake on the real estate market。The auto industry is also suffering as a result of the limited registration regulations that are designed to cut car ownership in big cities。 Still China is growing at about 8% annually with a CPI of 2%。

India？India is at wit's end to do anything about its sliding economy。

India is not China. Not every one of the 1.2 Billion Indians have the same opinion. Our government doesn't tell us what to think and what not to think.

You have been told one thing，one thing only。And you believe in it。

Doesn't it make you more brainwashed than the Chinese。

 

[Icewolf]

India is a primitive economy. The only reason its chugging is because of the people's needs. Once per capita hits $5000 in India its back to slumping again, unless Indian government actually get a real economic plan that will work for India, not just copying China as there weren't same conditions with China as in India

 

[Storm Force]

India is a primitive economy. The only reason its chugging is because of the people's needs. Once per capita hits $5000 in India its back to slumping again, unless Indian government actually get a real economic plan that will work for India, not just copying China as there weren't same conditions with China as in India


Source: http://www.defence.pk/forums/indian-defence/206826-goodbye-india-shining-2.html#ixzz26HbqnU2o

That comment is hillarious

India is primitive economy he states.

YET ITS TENTH LARGEST IN THE WORLD
3RD LARGEST IN ASIA
AT $300 BILLION ITS FOREX could buy most nations on this planet

yes they have more starving than AFRICA.

BUT WITH 250 MILLION MIDDLE CLASS they have more people in this middle income catagory than north america & europe combined.

INDIA HAS PROBLEMS but i bet you pakistanis wish you had INDIA MONEY & GDP 7 GROWTH PROSPECTS you people can only dream abt 6% growth annually

 

[DARIUS]

self delete

 

[Airboss786]

That comment is hillarious

India is primitive economy he states.

YET ITS TENTH LARGEST IN THE WORLD
3RD LARGEST IN ASIA
AT $300 BILLION ITS FOREX could buy most nations on this planet

yes they have more starving than AFRICA.

BUT WITH 250 MILLION MIDDLE CLASS they have more people in this middle income catagory than north america & europe combined.

INDIA HAS PROBLEMS but i bet you pakistanis wish you had INDIA MONEY & GDP 7 GROWTH PROSPECTS you people can only dream abt 6% growth annually

Then please 'enlighten' us as to what happened to its 'shining incredibleness'?!