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To: arun gera who wrote (88391)11/3/2007 8:19:47 AM
From: andiron  Read Replies (1) | Respond to of 110194
 
rising tide..so is the case w/ indians.
scrtach the surface and indian story is horrible.
indian bust and conseqent layoffs - which were unheard of in earlier protectionist indian economy- will ovewhelm 'em.

besides, indians' should tax the neau veau big time to lift the 70% of the grotesquely poor there..or else, the country may simply not exist!



To: arun gera who wrote (88391)11/3/2007 10:35:14 AM
From: Dr. Voodoo  Respond to of 110194
 
Exact same situation in China.



To: arun gera who wrote (88391)11/3/2007 10:58:50 AM
From: Joe S Pack  Read Replies (1) | Respond to of 110194
 

and I am not talking mainly about the surge in Chinese billionaires so much as I am talking about people with the right mix of tech and management skills.>

When I graduated with an engineering degree in India about 20 years ago, there were about 5000 engineering/professional positions available all over India for the whole pool of engineering graduates (my guess is that about 50,000 engineers graduated per year in those days).
So 45,000 engineers a year were migrating out of India or out of their professions in search of opportunities.

1) It is an unsubstantiated claim. Is there a link?
2) Moving out of their profession does not mean moving out of their country. So it is not clear what that apples versus oranges conclusion means.

Then the rest of your points may have some validity.

-J6P



To: arun gera who wrote (88391)11/3/2007 11:37:33 AM
From: GST  Respond to of 110194
 
Thank you for your brilliantly lucid reply. I hope everybody reads it.