Saturday, March 1, 2014

India & USA Trade

At a recent seminar I had an edifying conversation over a fruit juice lunch with a fellow from India, who was lamenting the widespread preference in India for what is modern to the detriment of what is good and true and beautiful in traditional Indian culture.  His idea was to do his part, and preserve the traditional spice blends and market those (and with a billion people, each preserving something, traditional India would be safe from extinction.)

For my part I lamented that to my mind, and trade statistics bear this out, India is not participating in the world economy commensurate with its size.  If India is 1/5th of the world population, it should be 1/5th of the economy.  I compared my experiences in trading with China and attempting to trade with India.  We agreed it was the fault of the British super-structure in place, whose colonial style is still the power structure in India, although changing.

When China liberalized on the Hong Kong model, first to 12, then 20 SEZs, India saw the result and copied it, but to a too limited degree.  The results were dramatic, but not revolutionary as in China.

Another time I was conversing at a seminar with a couple of fellows form India, and after a while one fellow pointed to the other and said, "In India, he could not talk to me, he's Brahmin and I am an untouchable."  Now for the life of me, I could not tell the difference.  And neither seemed bothered by this fact or status. "... and what is also strange is we both work for a Muslim."  He went on to explain what would not be in India is common in USA.  All bets are off if and when they get here.

What a good thing, what a vestige of what the USA was supposed to be, but is rather overwhelmed by the fascist system we have in place that is bringing USA down.  When it goes down, those vestiges will leave with the people who experienced them, and what is good and true and beautiful will grow somewhere else.  Here is a quick summary of where things went wrong:
There is one final choice: to say that Jefferson was great until 1809, but then he went goofy. That theory, however, would be very difficult to support. The older Jefferson became, the better he became.
There is another view, and that was Jefferson was good except for the eight years he was president.  It is not possible to take all that power and be good.  But we knew that.

In another conversation another time with another fellow from India, he was explaining "competing on design" was not going to work for people whose income was improving did not want a designer pyrex measuring cup, they wanted the original pyrex measuring cup.  Having what what they could not have until now was more important than having new.  This is why I say I know nothing about foreign markets, and always rely on the importers overseas to deal with that end of the game.

The good news is India will decide how India will change.

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