Not everyone is rich in India, I just told you a story of a cook paid 3K per month and forgot to tell you that he was from somewhere north that found this 3K salary in Bangalore better than what he could find there.wd40 wrote: ↑Sun Feb 09, 2025 6:43 pmSAPPORO wrote: ↑Sat Feb 08, 2025 8:16 am
WTH is this Acharya guy and why he's being judgmental and deciding on what anyone should do in the most private activity as dreaming: roll:
I was at a recently opened eatery a few steps from my apartment in Bangalore. I wanted to try out something different than Idli, Dosa and asked for the Gobi fried rice that was on the menu written on the blackboard. The owner could not find the cook for this and quipped to his wife that "we pay him 3000 INR (a month) and a free room) and still he doesn't have the discipline to show up to work on time". So, folks are still making such a low salary and this cook if ever immigrated to the US, can make at least 2000 USD a month- a fifty-fold increase in his salary - won't this 'holier-than-thou' Acharya guy move mountains to get such a life-changing bump in income?!
Most of them don't have crores lying around but more likely than not took out loans from sharks.
Would I ask anyone to do this? No but at the same time would I judge and belittle their extraordinary efforts to make the lives of their family better? Hell NO!
All they have is hard labor and it looks like a decent strategy to move to a place where it's more valued and in demand.
I don't agree with everything Acharya Prashant says. But some things, I resonate with him.
First of all, there are countries worse than India to make a living.
India is so wealthy because of the land boom and these people are selling their ancestoral land due to fomo to go to the land of "milk and honey".
No loan shark will give them so much money as they know they won't get it back.
This is just classic case of fomo and it has nothing to do with opportunities in India.
I have faced this myself, peer pressure and everyone is going abroad, the jugaad mindset sets in and I don't want to do the hard work of cracking GMAT or GRE, so I got admission into a diploma mill in Canada called Humber.
But eventually, sense prevailed. I was like if I can't make it big in my own country, where I am upper caste privileged person, what chance I have as a 3rd class brown pest in a western country? Remember there are top talent Pakistani, Bangladeshi, Irani etc who all want to go to US. So my competition is against the best of best in the world and those people are 100x more desperate than me. I will have to stand in line along with these people.
So I stayed back in India, worked my way to get into IT and then got onsite, minted money and now I go back to India
We are all dealt with certain cards when we are born and it is upto us to make the most of it. Just fomo and following other people and taking the short cut is doomed for failure.
Some might have mortgaged their piece of land to get the loans, who knows? But what we know is no one risks their lives just for FOMO!
PS: Based on per capita income by PPP dollars, even El Salvador is better than India - India being a 'rich' country is quite disputable.
https://en.wikipedia.org/wiki/List_of_c ... per_capita