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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 :)