4 ms·
Investing and "opening a business" are two very different things though. I'd definitely invest in India (BRIC is about to loose China, but the rest are still im
by TheRealPomax 4y ago
Investing and "opening a business" are two very different things though. I'd definitely invest in India (BRIC is about to loose China, but the rest are still improving year over year at a rate that looks sustainable), but I'm not mad enough to try to actually open a physical business there. It's kind of a well-known bureaucratic black hole in economics circles. The best you can hope for is to buy an existing company (whether that's outright buying, or "buying" through some contractual subsidiary/merger/etc. arrangement)
- yrgulation 4y agoDo you even need to open business? I’d just buy land near promising areas, say near where motorways are likely to be built, or regions with tourist potential (ie tall mountains, as snow will be at a premium in the future, thermal water reserves, agricultural potential, etc). That in itself can be good business. Buy it and leave it there for a while. Unlike china, india will indeed take a different trajectory - if it doesnt go down the route of petty nationalism. Similarly, i’d invest in real estate in the balkan region or moldavia should it join the eu. I know in some countries once they joined the eu they 10x’d.
- TheRealPomax 4y agoThat's kind of what this whole article was about, so in this specific case, yes?