For years a lot of western countries have had employees who are not even a fracion productive as a lot of us highly productive people. When jobs are lost it is usually the non performers who get the boot. In any company the bottom 20-30% are non performers. Why should India and China not get these jobs? Why do we remain poor? Are we not contributing to these counties' economies? For years they have outsourced labour(slave) and raw materials(forced) from us by exploiting us..! Let India RULE THE WORLD
RE:India shall have no pity
by Albert Adibadla on Dec 27, 2007 03:15 PM Permalink
INDIA CANNOT SURVIVE WITHOUT THE INTERNAL DEMAND GROWS. ONE ECONOMIC SANCTION AGAINST INDIA WILL DESTROY THE ENTIRE ECONOMY OF INDIA...
RE:India shall have no pity
by Mayank Agarwal on Dec 28, 2007 04:19 AM Permalink
US and other countries tried Economic sanctions against India in 1998 and they all repent it now because it hurt them more than it did to India. Actually in developed countries where cost of living is very high the employee is given hell lot of money which is enough to have 10 employees in India with average skills and contributing atleast 5 times more. Infact it is productivity enhancement or downsizing the cost, take your pick.
RE:RE:India shall have no pity
by Mayank Agarwal on Dec 28, 2007 04:20 AM Permalink
But yes I do agree going forward we need strong internal demand across every sector to sustain the current growth rate.