Tuesday, February 27, 2007

India poised .. truely !

india booming economy, next super power.. well after china .. hmm
The bottom line is simple. we can sugarcoat economic statistics, point to skyrocketing housing values, crow about GDP ( never understood for a fact ) growth figures that mean little to average wage earners, and the reality is that the wealth divide is growing at the present time, and in the long run this is deeply problematic. It would be less so if all boats were rising but they are not or is it ? nevermind.

1 comment:

Ravi said...

india shining and incredible india are justin papers. opening up of economy in our country has created a new class called Upper Middle Class. But it has not eradicated the middle class, lower middle class and lower class.

i only hope in the bigger scheme of things, the system is not going to forget people below poverty line.