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  <title>[filter] Australian electronic music, arts, media, project listings</title>
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  <updated>2008-05-05T22:30:30+01:00</updated>
  <entry>
    <title>&quot;India produces everything - it doesn&#039;t import anything ...&quot;</title>
    <link rel="alternate" type="text/html" href="http://www.aliak.com/content/india-produces-everything-it-doesnt-import-anything" />
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    <published>2008-05-05T22:30:30+01:00</published>
    <updated>2008-05-05T22:30:30+01:00</updated>
    <author>
      <name>kathy</name>
    </author>
    <category term="blog entry" />
    <category term="blog entry" />
    <summary type="html"><![CDATA[<p>"India produces everything - it doesn't import anything ..." - this is what the Indian guys from work were telling me. I'm not sure if it's an exaggeration or spot on. but when I was there I certainly saw most things were locally made - from Tata &amp; Reliance and other large corporations. I think some of the Westerners laugh at some of the locally made products - some are a little rough around the edges. but I wonder who'll be laughing in the next 10 years when India is the global economic power it's touted to be/come.<br />
I wonder what percentage of things Australia imports? I know Australians love to support Australian-made - the green &amp; gold. I think for Australia to stay in the list of leading countries it needs to keep producing it's own goods.<br />
I've read that the USA doesn't produce anything any more (obviously an exaggeration) - and perhaps this will be it's downfall, especially if they keep printing more money to buy more things and 'pay off' their debts.</p>
    ]]></summary>
    <content type="html"><![CDATA[<p>"India produces everything - it doesn't import anything ..." - this is what the Indian guys from work were telling me. I'm not sure if it's an exaggeration or spot on. but when I was there I certainly saw most things were locally made - from Tata &amp; Reliance and other large corporations. I think some of the Westerners laugh at some of the locally made products - some are a little rough around the edges. but I wonder who'll be laughing in the next 10 years when India is the global economic power it's touted to be/come. </p>
<p>I wonder what percentage of things Australia imports? I know Australians love to support Australian-made - the green &amp; gold. I think for Australia to stay in the list of leading countries it needs to keep producing it's own goods.</p>
<p>I've read that the USA doesn't produce anything any more (obviously an exaggeration) - and perhaps this will be it's downfall, especially if they keep printing more money to buy more things and 'pay off' their debts.</p>
<p>I need to do some more reading to find out more about this - maybe it's an urban myth</p>
    ]]></content>
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