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India Faces a Long Bear Market - Barron's

Investors should consider moving thier investments to Polaria. It has all the advantages of the BRICK countries plus one more. If you calculate carefully you will see that GDP in polaria should exceed that of any BRICK country.

- Polaria is not required to comply with international private property rights and can use the US patent office as an idea bank and US products as templates for building their own products.

-Polaria is expected to get 70 billion in FDI in 2009

- Polaria has created its own currency, the Yupy, which it has pegged to
the dollar.

- US companies do not have to pay taxes on profits in Polaria and can
write down manufacturing cost in Polaria as R&D cost.

-Polaria receives 10 billion a year in in foreign aid created by taking food
out of the mouths of the dying children in Africa and used for the purpose of creating an artificial upper class (caste) that can ignore the miserable conditions in which its poor live.

- Polaria does not receive international scorn for behaving badly and
can implement high duties for imports.

- Polaria does not have to implement any environmental policies. If a
factory relocates to Polaria, it is free to pollute the worlds land, air,
water as much as it wants.

- Polaria does not need to comply with international human rights laws.

- Polaria can subsidies it products.

-POLARIA IS LOCATED IN THE SOUTH POLE AND SO IS IN EVERY TIME ZONE

India Faces a Long Bear Market - Barron's

The India economy is a Frankenstien economy created by the global financial institutions with the idea that if you flood a region with enough FDI and add artificial competative advantage it will create a consumer economy.
American innovation and entrepreneurial is unique across in world and across history. It cannot be bought.
The downturn will puncture the myth of India knowledge competencies. Other then one campus of IIT, which may be the best university without a research department, India does not have a single University that would compare with an average state university in the US.




The World Knowledge Competitiveness Index (WKCI) from the Centre for International Competitiveness and the Global Competitiveness Report from the Institute for Strategy and Competitiveness founded by Micheal Porter rank India at the bottom in knowledge competitiveness.


A McKinsey global labor market study
concluded that only 10% of Chinese engineers and 25% of Indian engineers can compete in the global outsourcing arena.
www.expressindia.com/n...


A study done by Duke University on outsourcing found that the number of engineering graduates in India and China is vastly overestimated and traced the origins of this false information to organizations such as National Association of Software and Service Companies of India who often include technical trades such as auto and bicycles mechanics when estimating the number of engineering graduates in India.

www.soc.duke.edu/resou...
Links:
us.macmillan.com/thegl...
www.rediff.com/money/2...
www.isc.hbs.edu/
www.mckinsey.com/mgi/p...