Ultimately India……

Jim Rogers says:

“India is a land of contradictions. The country produces some of the world's brightest minds and the single most successful immigrant community in the United States. Yet roughly 50 percent of its own population is illiterate. It's a country recognized by global leaders as a high-tech superpower. Still, I often couldn't make a local phone call. There's a lot of talk among those in power in India about how the Internet super-highway will speed them to prosperity. Meanwhile, endless traffic jams and a deteriorating national highway system kept us creeping along at a snail's pace as my wife and I traveled through countryside. Goods-carrying trucks can only average about 10 miles an hour crossing the country and often can be held up for days by the bureaucracy just trying to cross state lines.

Yes, India is changing and growing. There will certainly be more opportunities and excitement of every kind as the middle class continues to develop. India will be fascinating over the next couple of decades, but be careful of the longer term. India really is not a rational country. The English mushed India together in the panic of independence in 1947, but little heed was given to ethnic, religious, linguistic, historic, national, or geographic considerations which is one reason India has had problems with every one of its neighbors since. India as we know it will not survive another 30 or 40 years. This of course does not have to end in disaster, but it probably will given the chauvinism of its government and the way history has always worked.”