--- cornel <[EMAIL PROTECTED]> wrote: > Mario needs to note that historically and today, > many an investor has lined up to invest in a range > of projects where the anticipated mythical economic > balloon burst soon after, despite all the available > statistics. > Mario replies: > Cornel needs to note that neither Bill Gates nor Laksmi Mittal became some of the richest men in the world, starting from average middle-income status, by investing in a range of projects where the anticipated economic balloon burst soon after. What crass cynicism in the face of all the evidence. > Cornel writes: > > Notwithstanding the economic progress India is > making, there is much, including statistical > evidence of grinding poverty among millions, severe > undernourishment of 57 million children, lack of > quality control etc which makes the hoped for > economic super-power status a bit premature even > though I for one want it quite badly for India. > Mario replies: > Cornel needs to note that the grinding poverty and severe undernourishment are legacies emanating from the Fabian school of socialist economics that was a millstone around the country's neck for it's first 50 years of independence. > I'm glad that Cornel says he wants prosperity for India, notwithstanding his relentless cynicism about the outcomes being predicted by every international economic expert that has studied the subject, especially those who are willing to put their money behind their convictions. >
_____________________________________________ Do not post admin requests to the list. Goanet mailing list (Goanet@goanet.org)
