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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: elmatador who wrote (97575)1/8/2013 12:19:00 AM
From: Maurice Winn2 Recommendations  Read Replies (2) of 217948
 
Back in 1997, that process was underway in India: < This goes until the youth, let culture go and chose to survive and thrive. >

Talking to a young man [I think in Bangalore], he said that the government had been pushing hindi as the universal language of India. He said that young people were getting really annoyed and rejected that local yokel ideology because they wanted to get good jobs with good pay and not be bound to a backward past. The good jobs required english skills.

The local yokel ideology was part of the foolish rejection by political bosses of what was seen as British legacy and colonialism. But VVV are not British - they are universal; honesty, common law, capitalism, private property, reason, science, technology and other things which propelled Great Britain to greatness. Unfortunately for India, they kept the British socialist suffocatocracy, added bribery and corruption in a kleptocratic society, and tried to dump the english lingua franca, thereby causing 60 years of post-British poverty and suffering.

Now, they realize that english is their vast economic advantage over China, Indonesia and swarms of other places. The big bucks are flowing in as software developers and others can deal with english-using foreigners.

There are $trillions which would invest in India if the capitalists were sure of freedom from kleptocratic greed. But the example of Qualcomm's $billion shows that India is not ready to be trustworthy.

Mqurice
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