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Ohh modern economy... It's fun when Nobel prizes go for those that insist in doing what is clearly not working... And just some weeks ago, a notorious Japanese economist says in a interview they figured out how to deal with the stagnation.... (Permanent stimulus!)... Don't they think the japanese are ever going to retire and need a large chunk of this money borrowed to the government? Without positive demographics it's impossible to keep postponing the balance sheet correction forever...


What matters to HN readers is 10% of Indians own 52.9% of the wealth in India. http://www.livemint.com/2010/10/13203814/Distribution-of-wea...

So even though the country at large is poor, 130 million people could become your potential customers, spending on par with other wealthy nations in the west.


Crunch the numbers. According to your article, you have 130 million people with an average net worth of $18k.

In terms of income, the vast majority of those people have real income lower than the bottom 5% of Americans and nominal income even lower.

http://economix.blogs.nytimes.com/2011/01/31/the-haves-and-t...




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