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Wonders of capitalism, free markets and competition

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24 April 2018, 19:56
Beretta682E
Wonders of capitalism, free markets and competition
Wireless data rates in India have gone from

400 rupees ($6.15) a GB in 2014 to 10 rupees ($:15) a GB.

This is in the world’s 5 largest nominal gdp and 3 largest ppp gdp economy.

It’s the world’s second largest smart phone user base, second largest smart phone app download and largest wireless data user base at 1.5 bil GB a month.

Hundreds of millions of consumers first internet experience will be a smart phone.

Crazy world.

Mike
28 April 2018, 08:56
NormanConquest
Well I'm still kinda old school;I only have a landline + carry a 1911.


Never mistake motion for action.
28 April 2018, 21:39
Kensco
I'm still hoping India can learn how to fix a pothole.
29 April 2018, 22:41
Fjold
In the developing countries (and some developed countries) more people have cell phones than toilets.


Frank



"I don't know what there is about buffalo that frightens me so.....He looks like he hates you personally. He looks like you owe him money."
- Robert Ruark, Horn of the Hunter, 1953

NRA Life, SAF Life, CRPA Life, DRSS lite

30 April 2018, 07:20
Grizzly Adams
quote:
Originally posted by Beretta682E:
Wireless data rates in India have gone from

400 rupees ($6.15) a GB in 2014 to 10 rupees ($:15) a GB.

This is in the world’s 5 largest nominal gdp and 3 largest ppp gdp economy.

It’s the world’s second largest smart phone user base, second largest smart phone app download and largest wireless data user base at 1.5 bil GB a month.

Hundreds of millions of consumers first internet experience will be a smart phone.

Crazy world.

Mike


And they all pay for it by working at Call Centers to service us. Smiler

Grizz


Indeed, no human being has yet lived under conditions which, considering the prevailing climates of the past, can be regarded as normal. John E Pfeiffer, The Emergence of Man

Those who can't skin, can hold a leg. Abraham Lincoln

Only one war at a time. Abe Again.
02 May 2018, 15:59
Beretta682E
quote:
Originally posted by Kensco:
I'm still hoping India can learn how to fix a pothole.


Roads have gotten better over time but I have little expectation for garbage to be cleaned up.

Even after property prices In major cities approaches US prices there is no social political or governmental pressure for garbage removal.

Mike
03 May 2018, 08:33
NormanConquest
The U.S. could learn from a standard process that USED to be in effect in Mexico. Concerning road building. The contractor got to bid on one mile of road.If you did everything right + on time,you got to bid on the next mile.You screw up,they take your name out of the hat.Solid I think.


Never mistake motion for action.
06 May 2018, 14:19
Beretta682E
My cousin had cabin fever and is dragging me on a 1000 kmi drive to go see some tigers.

Stopped in a WalMart India branded Sam’s club in a second or third tier City - Aurangabad.

Amazing to see fully stocked warehouse big box stores with membership, competitive pricing and a lot of consumers.

Capitalism, free markets, trade, property rights are the best way to prosperity.

Mike