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* G * O * A * N * E * T **** C * L * A * S * S * I * F * I * E * D * S *
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Two new showrooms/office spaces, double height (135 sq m each with bath)
for lease in upscale Campal/Miramar beach area, Panaji, Goa.
Contact: [email protected]

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Antonio Menezes wrote:
> For three millennia or more, the psyche of the majority of people was
> subjected to psychological terrorism converting our population into jellies.  
> Casteist oppression has resulted in the general listlessness of the people.
-snip-
> Education helps in places like China, Indonesia, sub-Saharan Africa etc.,
> But in case of India a lot of social upliftment work  will have to be done to
> elevate the Indian psyche to a reasonable level  and this in itself will 
> amount 
> to centuries of hard work.Meanwhile, India, I am afraid,  will have to wait 
> for 
> an ideal situation to arise, and make a mark as a world power.




Antonio,
The economic reports I read today take pains to point out that India and China
had the biggest and most vibrant economies in the world from the time of Christ
to around 200 years ago. 


With the economies of both these countries being reverted to the hands of 
native entrepreneurs, western economist have no doubt that both countries
will regain their economic superiority this century. Some predict even within 
the 
next two decades.


Sitting here in Canada, the other delight is to watch countries like the US, 
Germany and France print money and use it to prop up failed industries, 
all in the name of creating employment for their residents. This strategy of
state sponsored employment is what led to the death of innovation and,
ultimately, failed economies.


The BRIC countries are already pushing for a monetary system that is not
dependant on the whims of countries with failed monetary and banking systems.
The BRIC countries know that when the US is forced to devalue its currency, 
it will effectively transfer the worlds wealth to itself as foreigners are now 
the 
main holders of US debt.


Last week, the UN called for a new world reserve currency.  
We do live in interesting times.

Mervyn1650Lobo


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