Ask Mohan about the Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bonnie Bear who wrote (15054)	3/22/1998 6:33:00 AM
From: Naveen Kumar	Read Replies (2) of 18056

Bonnie: Bull market in India: Don't count on it. The corrupt practices in that country are unbelivable; trust me i've been there. Do not expect transparency in that "democracy". It is run by a bunch of thugs whose selfishness only exceeds their stupidity. The vast majority of that population believes in "hero worship" and will elect the latest scumbag with a good story. In theory, your thesis is right. The demographics suggest a massive redistribution of wealth from the industrialized west to the growing east. In practice, it is going to take a long time before those countries (China and India) reach the level of openness and sophistication of the west. There will be significant chaos and bloodshed before it happens. In short not in our lifetime ! I sound pesimistic, but having born and lived there half my life and following their politics remotely (from the U.S.), I have reason to believe that your optimisim might dim a bit if you spend some time there. Good luck.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next