The US gives us a feeling of being rich. It reminds me of what Sharad Pawar once said about the Congress (he had just quit Congress about a month ago). S P said “Congress is like the Indian zamindar (landlord)…the zamin(land) is gone, but the zamindari (landlord like behavior) is still there”.
Exactly the same thing is happening to the rich and prosperous nations. They think the rest of the world owes them a living! Amusing. The average Greek citizen is wondering what all the fuss is about his country being bankrupt. He has a swimming pool in his house…and he goes for a swim. So what if he has not paid the swimming pool tax.
Similarly the average American is wondering ‘Why should my job be taken to India, after all I am being paid ONLY US $ 10 an hour’. It is not about you dude, it is about people in the rest of the world willing to work at $ 10 a day. And deliver similar results’.
I remember one prominent industrialist from the south saying the taxi fares and the hotel charges in Europe are so high that they DARE not allow migrants – the patels and the Asian taxi drivers will KILL the whole business.
But did you know that the great USA is bankrupt…well it is not me, it is Bloomberg saying that:
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