Getbig Bodybuilding, Figure and Fitness Forums
November 28, 2014, 02:03:48 PM *
Welcome, Guest. Please login or register.

Login with username, password and session length
 
   Home   Help Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: India rips off the UK - it's nice to be on the winning side ;)  (Read 200 times)
pillowtalk
Getbig IV
****
Gender: Male
Posts: 3723


Sent on my BlackBerry® from Vodafone


« on: December 03, 2011, 02:32:50 AM »

How India squanders British aid: The UK gives £1.4bn to a country that has its own space programme.

At the Rolls-Royce showroom, behind imposing iron gates off dusty Ashoka Road, the chief salesman is pleased with his latest sale of a £600,000 Phantom to a billionaire Delhi businessman.
Thirty-five Phantoms, the biggest & most expensive Rolls-Royce, have been bought in India already in 2011. By the end of the year, another x35 will be sold to Indian tycoons & Bollywood film stars.
‘There’s always someone here with enough cash to buy a Rolls-Royce, even though the import tax doubles the price,’ the sharp-suited salesman says with pride.

Ferrari, Aston Martin & Land Rover have each opened up showrooms here. On sale too is the king of supercars, the Bugatti Veyron, with an eye-watering price tag of almost £1.5 million.
The country is racing up the league of rich nations. Indeed, its soaring economy will outstrip the UK’s by 2022. According to financial advisers Merrill Lynch, India has 153,000 dollar-millionaires — a 20 per cent rise in a year, compared with Britain’s own paltry increase of less than 1 per cent.
Indians have squirrelled away more money in Swiss bank accounts (a total of £900 billion since independence from Britain in 1947) than the rest of the world combined.

When Indians were invited recently by the Indian Government to exchange for paper money the gold bars & jewellery stashed in their homes (so pumping cash into the national economy), a horde of £160 billion was offered up.  Grin

Perhaps the perfect example of the garish spending of India’s newly-rich is the £2 billion, 27-storey skyscraper in Mumbai built by a local industrialist as a home for his wife & three children. It is the most expensive house anywhere in the world.  Wink

No wonder that in broke Britain questions are at last being asked about why we are handing billions to India in aid. A new report from an independent watchdog says that the rapid expansion of the UK’s aid programme has left taxpayers’ money at risk from corruption & fraud overseas.

During recent enquiries in India, it was discovered that much of the money is frittered away or stolen. LOL
This is priceless, keep it coming. Why did I leave the UK again??  Huh Nope, wait a minute it's on the tip of my tongue  Cheesy

This pic (below) were taken in Mumbai, it is a good example of what you will find when you look in the other direction from the slums  Cry

PT


* 2009040651290301.jpg (42.86 KB, 435x265 - viewed 59 times.)
Report to moderator   Logged

Growth/noob loves me
NeilGM
Getbig III
***
Posts: 599


« Reply #1 on: December 07, 2011, 03:51:18 PM »

A small price to pay for strategic economic & military purposes..
Report to moderator   Logged
pillowtalk
Getbig IV
****
Gender: Male
Posts: 3723


Sent on my BlackBerry® from Vodafone


« Reply #2 on: December 07, 2011, 09:20:51 PM »

A small price to pay for strategic economic & military purposes..

This thread got done in the G&O.

END OF THREAD.

PT
Report to moderator   Logged

Growth/noob loves me
Pages: [1]   Go Up
  Print  
 
Jump to:  

Theme created by Egad Community. Powered by MySQL Powered by PHP Powered by SMF 1.1.20 | SMF © 2013, Simple Machines Valid XHTML 1.0! Valid CSS!