4 ms·

Pretty much all points raised regarding India can be applied to China and vice versa. China is however becoming too expensive to continue their economic model a

by rapsey 4y ago

Pretty much all points raised regarding India can be applied to China and vice versa. China is however becoming too expensive to continue their economic model and rift with the west is becoming larger. If Apple is moving towards India, many more will follow.

piva00 4y ago
Yes, they do but China isn't growing their population at all on the same level as India, that was my main point of concern there, in a world with dwindling access to some basic resources such as water, what will a boom of population cause in a society with already almost 2bi people in it?
- rapsey 4y ago
  India has cheap Russian gas and plenty of sunshine. If you have energy the rest can be gotten.
  - piva00 4y ago
    I agree that energy is the main currency for development but saying that with abundant energy the rest can be gotten sounds almost like a Deus Ex Machina way out of some issues that, on the scale of population India, are pretty damn big. You can have desalinisation plants for Israel with ~10 mil pop. but desalinisation to provide fresh water for 200-500m people is a complete different ballpark, or even completely different game. I don't agree with this reduction that with enough energy a country can achieve whatever, might work with "given infinite cheap energy" thought models but when you apply that to reality there are lots of pesky constraints...
    - rapsey 4y ago
      1.4B are surviving on the resources at the moment so it's not that bad. You can always find a reason to be negative about the future. However that is a poor mindset for investing. "Pessimists sound smart, optimists make money" is a popular saying.
      - piva00 4y ago
        I would rather rephrase that to "Pessimists sound smart, opportunists make money". It's not about optimism, it's about how you can make money until issues bite, and then how to divest to avoid the consequences... Actually now it makes into a very fitting and tragic parabole to what something like investing in the oil industry looks like :)

by rapsey 4y ago

piva00 4y ago

Yes, they do but China isn't growing their population at all on the same level as India, that was my main point of concern there, in a world with dwindling access to some basic resources such as water, what will a boom of population cause in a society with already almost 2bi people in it?

rapsey 4y ago
India has cheap Russian gas and plenty of sunshine. If you have energy the rest can be gotten.
- piva00 4y ago
  I agree that energy is the main currency for development but saying that with abundant energy the rest can be gotten sounds almost like a Deus Ex Machina way out of some issues that, on the scale of population India, are pretty damn big. You can have desalinisation plants for Israel with ~10 mil pop. but desalinisation to provide fresh water for 200-500m people is a complete different ballpark, or even completely different game. I don't agree with this reduction that with enough energy a country can achieve whatever, might work with "given infinite cheap energy" thought models but when you apply that to reality there are lots of pesky constraints...
  - rapsey 4y ago
    1.4B are surviving on the resources at the moment so it's not that bad. You can always find a reason to be negative about the future. However that is a poor mindset for investing. "Pessimists sound smart, optimists make money" is a popular saying.
    - piva00 4y ago
      I would rather rephrase that to "Pessimists sound smart, opportunists make money". It's not about optimism, it's about how you can make money until issues bite, and then how to divest to avoid the consequences... Actually now it makes into a very fitting and tragic parabole to what something like investing in the oil industry looks like :)