Modi-ficatin of the Indian economy means English reading-writing-posting- (c) respecting types on this thread stand a better then average chance of creating genuine and self-perpatrating wealth. Here's how:
Thomas Piketty: New thoughts on capital in the twenty-first century - YouTube
Not genius, r>g is more like common sense reduced to intellectual formula. Eg. talks of saving 1/5'ths, blowing 4/5'ths. Piketty is French, European and the studies are from the US, presentation in English. Who, in India, even Asia, spends 4/5'ths of their income?
Apply to Modi's India over the next 3-5 yrs.
- RoI (or r) of upto 50-75 % in property, IT & auto sectors/yr.-on-yr. Growth 7-10 %. Savings? 30-50 %, not 20 % (4/5'ths).
Indians are Asian and proud of it. Indians save. Forget East, West, Tiger, Commie economies; India is ramping up Top 5 economies. Focus is on soaking up labour, re: intensive manufacturing (lallu-panju type assembly jobs like hatchbacks, pick-ups, motorbikes, steel tube and flats fabrication like white goods, railway wagons and bicycles, construction, retail via e-commerce) along side mega infrastructure roll-out and full-on 2'nd agri. revolution.
India's Megastructure - Mundra Port - YouTube
(c) URL = https: // [URL = http :// www . youtube . com ] YouTube / watch?feature=player_detailpage&v = OJDh18fQ2VY India's Megastructure - Mundra Port - YouTube
Indian economy is constitutionally backed with gold, agri.-real-estate-IP rights. Solid stuff!
Icing on the cake? $ 100 Billions and galloping per below
!
Global IT, HR and IP (think culture, eg. Bollywood or Gandhi, Slumdog or Pi pictures; a $ % ends up in the hands of desis; sometimes in perpetuity like in Gandhi's case, 1-off, computer and robot aided diamond facet polishing or cloud computing based real-time DNA sequencing re: medical diagnostics) exports with iterative remittances, profit and value-add thereof.
No economy, not post-war America or even commie China took off on a cushion so juicy.
(c) Thomas Piketty: New thoughts on capital in the twenty-first century - YouTube