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Old 24th-July-2010, 10:56 AM   #1
Timmy
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Default India: Economy & Markets
Why no threads on the Indian economy/markets?

Anyone want a $35 "iPad"?

Markets in Everything: The $35 Computer
http://mjperry.blogspot.com/2010/07/...-computer.html
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Old 24th-July-2010, 06:04 PM   #2
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Default Re: India: Economy & Markets
read about this in the notebookreview forum today.

Amazing the most people would fall for the democratic fallacies and pay $1000 for an iPad
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Old 24th-July-2010, 06:17 PM   #3
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Default Re: India: Economy & Markets
Quote:
Originally Posted by warakawa View Post
read about this in the notebookreview forum today.

Amazing the most people would fall for the democratic fallacies and pay $1000 for an iPad
If you hang around I can see some robust exchanges coming up..............
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Old 24th-July-2010, 06:33 PM   #4
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Originally Posted by IFocus View Post
If you hang around I can see some robust exchanges coming up..............
some people are paying more than $1000 for one of those iPad on ebay. I ain't lying, you search up yourself.
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Old 24th-July-2010, 06:39 PM   #5
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Default Re: India: Economy & Markets
Apple has the best marketing team in the World. They manage to convince consumers to buy an average product for a premium price.

Kudos to their recruiters....
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Old 24th-July-2010, 07:31 PM   #6
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Default Re: India: Economy & Markets
So what about Indian's economy? It will be as big as American's in 40 years time, half the size of China's in 40 years time? Right now, in my impression, India is still a poor nation.

democracy not dictatorship maybe one of the reason my India in lagging behind China.
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Old 24th-July-2010, 07:52 PM   #7
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Default Re: India: Economy & Markets
Quote:
Originally Posted by warakawa View Post
So what about Indian's economy? It will be as big as American's in 40 years time, half the size of China's in 40 years time? Right now, in my impression, India is still a poor nation.

democracy not dictatorship maybe one of the reason my India in lagging behind China.
Actually most the commentary I have seen favors India over China longer term.

India having a higher degree of rule of law rather than rule of man as seen in China being a starting point.
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Old 24th-July-2010, 08:01 PM   #8
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Quote:
Originally Posted by IFocus View Post
Actually most the commentary I have seen favors India over China longer term.

India having a higher degree of rule of law rather than rule of man as seen in China being a starting point.
Comes down to culture perhaps.

Are the Chinese or the Indians more industrious than the other, in the medium term?

Innate culture could determine the next world order.
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Old 24th-July-2010, 08:35 PM   #9
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Quote:
Originally Posted by kennas View Post
Comes down to culture perhaps.

Are the Chinese or the Indians more industrious than the other, in the medium term?

Innate culture could determine the next world order.
Rice culture verse curry culture?

Quote:
Malcom Gladwell believes that the reason why Asian cultures are better at math than most other cultures is because people from Asian cultures have a long history of working harder. They work harder because for the last 15,000 years their culture has been based on the farming of rice, and farming rice is a very labor intensive crop.
http://www.wanderings.net/notebook/M...alcolmGladwell

Malcolm Gladwell on outliers, maths and rice

"If you speak English, you have about a 50 percent chance remembering that sequence perfectly," says Gladwell.

Quote:
"Chinese speakers get that list of numbers --- 4,8,5,3,9,7, 6 --- right almost every time because, unlike English, their language allows them to fit all those seven numbers into two seconds."
http://www.pressrun.net/weblog/2009/...ith-maths.html
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Old 25th-July-2010, 03:22 PM   #10
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Actually most the commentary I have seen favors India over China longer term.

India having a higher degree of rule of law rather than rule of man as seen in China being a starting point.


I am starting to doubt the benefit of democracy...
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Old 25th-July-2010, 06:44 PM   #11
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Default Re: India: Economy & Markets
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Originally Posted by warakawa View Post

I am starting to doubt the benefit of democracy...
I'm certainly not.

http://www.hrw.org/en/reports/2009/1...lleyway-hell-0
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