what happen if 1 INR = 1 USD

It was a question basically..
What will happen if that comes true???
I don't think you guys have any idea about predicate calculus ???
That cannot happen is nowhere near to a valid answer.

 

The dollar may fall to $1 = 1 INR due to a US dollar crash should the US continue printing trillions of dollars a month.

 

$1 rupee = $1 US dollar? lol. India has a weaker financial system than the US.

 

It won't come true, until
a) India sorts out the government
b) India does something to help all those in poverty
c) You patriotic people realise India isn't as great as you think. Who cares if x of the top 10 richest people are from India - a whole load of your citizens are dying on your streets.

 

$1 rupee = $1 US dollar a 12oz can of coke with cost $40. It's all relative.

 

India was never one of the richest countries in the world but it IS a superpower.

 

Yes, and Wales is the biggest country in the world

What proof do you have of India being a superpower at the moment?

 

India is a power but not a super power.

India is growing and hopefully it will become a high trading partner for the US.

 

I dunno about that, Russia has more land

Wish I had 5k in GBP instead of USD

 

in upcoming era / now its

India is second fastest among emerging economies in the world, after China.

http://en.wikipedia.org/wiki/Economy_of_India

 

I beg to differ:

http://money.cnn.com/magazines/fortune/fortune_archive/2006/11/13/8393174/index.htm

http://www.zdnetasia.com/toptech/2006/0,39063702,61968628,00.htm

http://article.wn.com/view/2008/10/09/Is_India_2nd_fastest_growing_economy/

http://www.opalesque.com/Commodities_Briefing/?p=6347

 

GDP of usa is almost 15 times bigger than india and earning per person is almost 50 time higher than than indian . no matter at which growth rate india grow it can never make its gdp as bigger as US is . We are growing mere at rate of 7-8% so it will take atleast 10 years to double our money and we need to multiply our money by 50 to reach at US lavels . if you calculate mathematically it will take 100's of years .
Also US brands are dominating india, you have to pay in dollars to fulfil huge oil demand , whanever you drink coke or buy a car its always foreign company .US earns billions of dollars from india by selling arms and nuclear deal . US hold major chunk of indian equities ...
how is it possible ?

 

An Indian who has seen China, its infrastructure, the discipline of its people, their love for their countrymen... will never claim India is a super-power...

 

To your note: Land rates are extremely down in US unlike India.

 

I beg to differ. China is probably the worst example you could come up with in this context. It's not discipline that glues them together. It's fear. Fear for the government. You can't do anything - I mean ANYTHING - without the government's knowledge there. It's a pseudo dictatorship. Also, the gap between the super rich and the super poor in China is almost as big as it is in India. At least, people get to talk about this divide and protest against the government in India. In China, you can't even imagine doing that.

 

I was only comparing the living conditions in the two countries. People in China are not free, I agree, but they are efficient. Chinese people are just as nationalistic as Indians are...

The sad truth is, most Indians don't care about their country, about their neighbors, about their city... They just don't care, as long as they get what they want. You can know by the way they drive on the strees, by how they litter and spit in public places, how government officials shrik work, how policemen mistreat ordinary people... in every walk of life, you find corruption...

China is a lot better. PEOPLE ARE SCARED! They fear. They obey. And they are successful...

Fear is an important weapon to keep immature people under control.

 

You are right to an extent. Like I've always maintained, politicians are the biggest culprits in the country. If only they could concentrate on important issues and stop talking shit, the country would be a lot better place to live in. What we need is a better system, better laws, and better agencies to enforces those laws. All this can only be done by the powers that be, not common public. But when you see someone like Laloo Yadav talking about his aspirations to become the Prime Minister, you know the country is fucked up.

 

As an Indian, I got totally annoyed by this reply. But just as a human being, I understand that there is point in your words. Though I was disgusted with what you have said, I can't deny what you say.

I am worried about all you have mentioned. I need my India to be different from those things.

 

So sorry about your post. I request you to fully read all the article links you have posted. It is just you who have posted.

Economic growth in such a small countries are very easy. Only when becoming bigger countries, it is hard to have a bigger growth rate.

 

It's easy to generalize but:

1) Indians, Chinese and Americans are not monolithic peoples.

2) Fear hasn't turned places like Somalia, Sudan and Afganistain into successful places.