India has no middle class? - India - The Times of India
Honestly I am confused. I did not understand the article and the reasoning behind it. Especially how India will not have a middle class is what I did not get. I really wonder with so much confusions, do these economists themselves understand what the hell they are speaking?
Can't they simply say ... $/day for x days = Middle class or whatever class they wish to define. Make a simple table. That's all. Anybody who can explain me this one, I would highly appreciate. Thank you.
Thursday, May 06, 2010
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