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To: mdittmar

India is the third world and is only getting wealthy it seems by the exporting of American desk jobs (phone staffing, graphic design, computer programming and testing, legal document generation...)


3 posted on 01/19/2020 6:30:33 PM PST by a fool in paradise (Decade of decision for America)
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To: a fool in paradise

They seem to have a lot of growth in the phone scam sector.


20 posted on 01/19/2020 7:10:08 PM PST by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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To: a fool in paradise; All

Yeah, all these “developing/third world” counties have been around for thousands of years and they are still, “developing.”


51 posted on 01/19/2020 11:39:53 PM PST by Cobra64 (Common sense isnÂ’t common anymore.)
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To: a fool in paradise; Lurkinanloomin; Cobra64
-- "third world" --> the Third-world meant countries that, during the cold war, didn't fall into either US or USSR led camps. This included not only India but also Sweden and Switzerland. The terminology no longer makes sense.

-- " is only getting wealthy it seems by the exporting of American desk jobs". That's not true - it seems that way, but both the ITO (Information Technology Outsourcing) and BPO (Business Process Outsourcing) in India today contribute to around 9.5% of the country's GDP and employs around 3.5 million people

The biggest internal jump is caused by it PARTIALLY ending socialism. That's caused internal consumption to boom.

Note: I said PARTIALLY - they have reformed may be 25%. If they went whole hog they'd be at China levels now with complete internal markets.

AND what makes it horrifying is that all the socialists in the USA want to implement the policies that kept India stagnated from 1947 to 1991

55 posted on 01/20/2020 1:40:38 AM PST by Cronos (Re-elect President Trump 2020!)
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