Dear MC,

You have my "Aye" too. I too would like to know how and where India
has had a general, total collapse on all fronts.

Thanks,

--Ram

On 8/30/05, Rajib Das <[EMAIL PROTECTED]> wrote:
> 
> MC,
> 
> You have an Aye from me! Would really like to
> understand the failure on ALL fronts theory.
> 
> Since foreign funds are pouring in, the markets around
> the developed world do talk of India in glowing terms,
> a huge middle class with real buying capabilities is
> forming, new investments in new businesses are
> happening, the stock market and real estate around the
> country is rising and I am personally on the verge of
> investing a lion's share of limited amounts of money
> in India, I would rather take a considered opinion
> that talks of the other point of view.
> 
> Would appreciate, however, if you can do more than the
> general staple of India baiters. That stuff has been
> hashed and rehashed - most of it is trite and devoid
> of much reasoning.
> 
> 
> 
> --- Ram Sarangapani <[EMAIL PROTECTED]> wrote:
> 
> > Dear MC,
> >
> > I would like to get a few things out of the way
> > first.
> >
> > My giving opinions on Assam.org is not intended as a
> > contest between
> > you and me or others. Views posted here are all
> > personal views.
> > Sometimes we are wrong and at others we are right.
> > Thats where it
> > stands.
> >
> > My only comment on this particular topic was about
> > the effects of
> > spending, which you categorized as a 'theory'. I did
> > not think it was
> > nor did I claim it to be one.
> > I posted the comment more as one more facet of
> > corruption of public
> > funds. Santanu, who is actually an economist, gave
> > us some good
> > explanations and with good analyses.
> >
> > > Are you sure you can stand my scandalizing India's
> > total failure in all
> > > fronts .And what needs doing?
> >
> > What does that mean?  My comment in no way even
> > talked about this
> > aspect. You can scandalize India and all its
> > progress to kingdom come.
> > That is up to you. And it does not affect "me" in
> > the least. You have
> > your views, and others have theirs. I respect your
> > views. The Assam
> > org is capable of accommodating both. My views are
> > obviously different
> >  from yours.
> >
> > Have a good day.
> >
> > --Ram
> >
> >
> > On 8/30/05, mc mahant <[EMAIL PROTECTED]>
> > wrote:
> > > Are you sure you can stand  my scandalizing
> > India's total failure in all
> > > fronts .And what needs doing?
> > > If I  get a good many 'AYE's-- I will = pl.-give
> > me a few days.
> > > mm
> > >
> > >
> > > >From: Ram Sarangapani <[EMAIL PROTECTED]>
> > > >To: mc mahant <[EMAIL PROTECTED]>
> > > >CC: ASSAMNET <[email protected]>
> > > >Subject: Re: [Assam] BWeek- 500% growth in India
> > - if corruption
> > > >gone;private limite...
> > > >Date: Tue, 30 Aug 2005 08:28:29 -0500
> > > >
> > > >mm,
> > > >
> > > >I already acknowledged that "I am be wrong" and
> > differed the matter to
> > > >economists we have on the net. The post was to to
> > a public forum, open
> > > >for discussions. None of us pretend we know
> > everything or have airs
> > > >about us. We are open in our discussions, and
> > wish that people like
> > > >you with so much experience,  as you so vividly
> > claimed, would join in
> > > >on healthy discussions instead of instead of
> > writing personal emails.
> > > >
> > > >You could join in and pitch in your views,
> > instead of writing ONLY to me.
> > > >
> > > > > After trying to create a new theory on
> > Economics you are now hesitating:
> > > >
> > > >Is that what you came up with?  That is
> > dissapointing.  Also if you
> > > >find you have better theories, you should put
> > that up on Assam org
> > > >too.
> > > >
> > > >I am putting this discussion thread on Assam org
> > so that others can
> > > >also enjoy/join in the discussions.
> > > >
> > > >Have a good one.
> > > >
> > > >
> > > >On 8/29/05, mc mahant <[EMAIL PROTECTED]>
> > wrote:
> > > > > After trying to create a new theory on
> > Economics you are now hesitating:
> > > > >
> > > > >
> > > > > 'That was a bit of analysis, I just came up
> > with, on the fly. I am
> > > > > sure, I went wrong somewhere. Maybe,
> > professional economists will have
> > > > > to weigh in."
> > > > >
> > > > > Good
> > > > >
> > > > > mm
> > > > >
> > > > >
> > > > >
> > > > > >From: Ram Sarangapani <[EMAIL PROTECTED]>
> > > > > >To: "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>
> > > > > >CC: [EMAIL PROTECTED],
> > [email protected]
> > > > > >Subject: Re: [Assam] BWeek- 500% growth in
> > India - if corruption
> > > > > >gone;private limite...
> > > > > >Date: Mon, 29 Aug 2005 16:49:04 -0500
> > > > > >
> > > > > >Bhuban da,
> > > > > >
> > > > > >Excuse me for butting in.
> > > > > >
> > > > > > >The overall economy of the country is not
> > affected.
> > > > > >
> > > > > >I am so sure. The corrupt (assuming that they
> > now have discretionary
> > > > > >income) may actually spend the money on
> > luxuries, autos,
> > > > > >airconditioners etc.The poor on the other
> > hand may actually spend the
> > > > > >money to but essential commodities, medicines
> > etc.
> > > > > >
> > > > > >Now, if the poor do not get the money (they
> > were supposed to get),
> > > > > >then one can assume that they go deeper into
> > debt, while prices keep
> > > > > >up with the extra money infused into the
> > economy (because of leakages
> > > > > >in the aid system), and may have to depend
> > more on social services (at
> > > > > >tax payer expense), but now at a higher cost
> > to the country (tax
> > > > > >payers).
> > > > > >
> > > > > >That was a bit of analysis, I just came up
> > with, on the fly. I am
> > > > > >sure, I went wrong somewhere. Maybe,
> > professional economists will have
> > > > > >to weigh in.
> > > > > >
> > > > > >--Ram
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >On 8/29/05, [EMAIL PROTECTED] <[EMAIL PROTECTED]>
> > wrote:
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > As I said I am no economist and was
> > mouthing what other economist
> > > >had
> > > > > >said
> > > > > > > about corruption and its overall affect on
> > the national economy.
> > > >Amartya
> > > > > >Sen
> > > > > > > is a brilliant thinker and his finer point
> > has possibly been
> > > >overlooked
> > > > > >by
> > > > > > > other economists. What I understand is
> > that the corrupt person grabs
> > > >the
> > > > > > > money from the underdog directly or
> > indirectly but as the person
> > > >spends
> > > > > >the
> > > > > > > money, it circulates and  is accounted
> > for. The overall economy of
> > > >the
> > > > > > > country is not affected.  I plead those
> > who know about these things
> > > >to
> > > > > > > rescue me; perhaps they could even throw
> > their gauntlets to the
> > > > > > > noble-laureate!
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > Bhuban
> >
> === message truncated ===
> 
> 
> 
> 
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