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The Billionaires and The Guru: How an Indian Family Burned Through $2B

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Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#3
post #2

Original title: The Billionaires and The Guru: How a Family Burned Through $2 Billion

The original title is a much better title, not sure why it was changed... This is more so a story about the brothers and the spiritual leader who apparently took a bunch of cash from them, not about abuses of India's ruling class

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#4
As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning.

More specifically, I'd like to move back at some point and I'm not sure if I ever should.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#5
post #2

Original title: The Billionaires and The Guru: How a Family Burned Through $2 Billion

The original title is a much better title, not sure why it was changed... This is more so a story about the brothers and the spiritual leader who apparently took a bunch of cash from them, not about abuses of India's ruling class

Now it's

> How an Indian family lost $2 Billion

I think we're on the 3rd title.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#7
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

Nothing has changed. The govt. has gotten better at media manipulation, and/or the media has decided it is easier to get into bed with the govt. Reliance Jio Institute has been declared an "institute of eminence" on par with IISc, and above many IITs. The industrialists hailed demonetisation. Ordinary citizens have few opportunities to enter the stock market, since it is inundated with foreign institutional investors, who may withdraw money at the drop of a hat, thus increasing volatility. There is no critical analysis allowed or taken seriously. Pre-2016, I was depressed at the turn of events. Post-Trump, Post-Brexit, I just think this is the new normal for the planet. Aggressive stupidity is the way forward.

That said, money-making opportunities are present, as they always were.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#10
post #4

As someone who left India for the US, this article gives me pause as to whether things have actually changed in shining New India or if it's just a facade with air conditioning. More specifically, I'd like to move back at some point and I'm not sure if I ever should.

Looks like some idiots lost their parents money to a cult. Could this be understood as change for the better?
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