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Old 7th June 2006, 01:52 AM
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India will be bigger than US

http://news.moneycontrol.com/india/n...article/201871
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Old 7th June 2006, 01:56 AM
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Re: India will be bigger than US

Unfortunately, I'll be dead by then :-(
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Old 7th June 2006, 02:02 AM
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Re: India will be bigger than US

Quote:
By the mid century I think India could overtake US by absolute size.
a) It's one persons opinion
b) Even he says "could" not "will"
c) Any number of things could, and will, happen in the meantime to mean the forecast is wrong.
d) Economists cannot predict next year let alone 40 years hence.
e) Who cares which economy will be stronger in 40 years time. It's about what you do to "double your money" in the next few years, not 20 years time.
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Old 7th June 2006, 02:11 AM
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Re: India will be bigger than US

Quote:
Originally Posted by domainguru
a) It's one persons opinion
b) Even he says "could" not "will"
c) Any number of things could, and will, happen in the meantime to mean the forecast is wrong.
d) Economists cannot predict next year let alone 40 years hence.
e) Who cares which economy will be stronger in 40 years time. It's about what you do to "double your money" in the next few years, not 20 years time.
Forbes etc have already said by 2050..
Were people in the U.S. making $45,000/year back in 1930? nope............. so even in China and India incomes over the next 50 years will shoot up very fast. India and China both have a population over 1 billion.. U.S. nearly has 270 million.

China and India are giving more science degrees.. Bye Bye U.S. as the tech powerhouse.
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Old 7th June 2006, 02:21 AM
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Re: India will be bigger than US

Quote:
Originally Posted by Jeff
Forbes etc have already said by 2050..
Were people in the U.S. making $45,000/year back in 1930? nope............. so even in China and India incomes over the next 50 years will shoot up very fast. India and China both have a population over 1 billion.. U.S. nearly has 270 million.

China and India are giving more science degrees.. Bye Bye U.S. as the tech powerhouse.
I'm not arguing that there is a good chance India will be an economic powerhouse in the future. Anyone with half a brain can see how it is developing.

What I am saying is what happens 50 years in the future is irrevelant to the domain game. This game is about exploiting an opportunity now (e.g. IDNs in Japan), and doubling / quadrupling your money very quickly.

Sure, put a bit of cash into top Indian domains as a play for the future, but most of your capital needs to go into opportunities that are definitely happening now, not might be happening when you are old.
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Old 7th June 2006, 02:25 AM
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Re: India will be bigger than US

Quote:
Originally Posted by domainguru
I'm not arguing that there is a good chance India will be an economic powerhouse in the future. Anyone with half a brain can see how it is developing.

What I am saying is what happens 50 years in the future is irrevelant to the domain game. This game is about exploiting an opportunity now (e.g. IDNs in Japan), and doubling / quadrupling your money very quickly.

Sure, put a bit of cash into top Indian domains as a play for the future, but most of your capital needs to go into opportunities that are definitely happening now, not might be happening when you are old.
There are many different strategies.... China and India will have more future business opportunities based on a bigger population in 50 years.

Those that invest in Japan now and have the funds from online businesses maintained on IDNs can always buy their way up and get a few premium chinese/hindi generics in a few years.
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Old 7th June 2006, 03:14 AM
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Re: India will be bigger than US

If the upcoming US recession turns out as bad as some people predict (ie worse than the 1920's) I wonder if ICANN and Verisign will move to a different location in order to protect thecom/net asset?
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