>
>> To: brico@???
>> From: atteqa@???
>> Date: Tue, 8 Nov 2011 18:43:02 +0000
>> Subject: Re: [Bricolabs] carrot workers guide
>>
>> India China and South America are being named as the worlds fastest
>> emerging markets now by economists
>> something to think about?
> * Prices of petroleum products have increased 11 times in the last 12
> months in India
> * price increase of goods and services have been dramatically increasing
> -- India's finance minister says: “Food inflation is a matter of great
> concern for all of us,” --
> http://www.business-standard.com/india/news/food-inflation-mattergreat-concern-pranab-/454829/
>
>

The problem with India (sic) is that the energy situation is horrendously
inneficient and wasteful, esp in the transport sector. This is being both
masked and caused by unsustainable subsidies on the cost of fuel, which
benefits mostly the corporate sector (the consumer serves here as fig
leaf).

The answer would be to invest much more in infrastructure and go for all
out fuel efficiency and saving. But that is against the short term
interests of a large number of 'economic actors', with political clout to
match.

Adjustment will be painful, and, as usual, the ordinary people will be
presented the bill.

Cheers, p+3D!