ZANU-FF
19-03-2010, 08:03 AM
Was reading through an article in the NYT and could not but draw comparisons between what is happening in India right now as detailed in the article and with respect to how certain people here in Ireland behaved during the credit boom...
NOIDA, India — Bhisham Singh Yadav, father of the groom, is stressed. His rented Lexus got stuck behind a bullock cart. He has hired a truck to blast Hindi pop, but it is too big to maneuver through his village. At least his grandest gesture, evidence of his upward mobility, is circling overhead. The helicopter has arrived.
Mr. Yadav, a wheat farmer, has never flown, nor has anyone else in the family. And this will only be a short trip: delivering his son less than two miles to the village of the bride. But like many families in this expanding suburb of New Delhi, the Yadavs have come into money, and they want everyone to know it.
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“People will remember that his son went on a helicopter for his marriage,” a cousin, Vikas Yadav, shouted over the din. “People should know they are spending money.
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That has created what might seem to be a pleasant predicament: What to do with the cash? Some farmers have bought more land, banked money, invested in their children’s educations or made improvements to their homes. In Punjab, a few farmers told the Indian news media they wanted to use their land riches to move to Canada. But still others are broke after indulging in spending sprees for cars, holiday trips and other luxuries.
“They go for Land Rovers,” said N. Sridharan, a professor at the School of Planning and Architecture in New Delhi. “They buy more televisions, and quite a lot of money also goes into drinking. They try to blow it out.”
Much of this conspicuous consumption is bad financial planning by farmers who have little education or experience with the seductive heat of cold cash. But some sociologists say such ostentatious spending, especially on weddings, is rooted in the desire of lower castes to show off their social mobility, partly by emulating the practices of the upper castes.
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But as the white-haired pilot prepared to depart, the father of the bride, Davinder Singh Yadav, pulled him close. “Please take it over the village a few times before you leave,” he shouted. “The village is so big. Everybody needs to see it.”
A moment later, as the copter circled above the small farming houses, the father said: “The whole village will remember. The whole world will remember.”
Classic stuff, you could switch the names and be in Ireland 2006
Sophisticated cats that we are.
http://www.nytimes.com/2010/03/19/world/asia/19india.html?ref=asia
NOIDA, India — Bhisham Singh Yadav, father of the groom, is stressed. His rented Lexus got stuck behind a bullock cart. He has hired a truck to blast Hindi pop, but it is too big to maneuver through his village. At least his grandest gesture, evidence of his upward mobility, is circling overhead. The helicopter has arrived.
Mr. Yadav, a wheat farmer, has never flown, nor has anyone else in the family. And this will only be a short trip: delivering his son less than two miles to the village of the bride. But like many families in this expanding suburb of New Delhi, the Yadavs have come into money, and they want everyone to know it.
............................
“People will remember that his son went on a helicopter for his marriage,” a cousin, Vikas Yadav, shouted over the din. “People should know they are spending money.
............................
That has created what might seem to be a pleasant predicament: What to do with the cash? Some farmers have bought more land, banked money, invested in their children’s educations or made improvements to their homes. In Punjab, a few farmers told the Indian news media they wanted to use their land riches to move to Canada. But still others are broke after indulging in spending sprees for cars, holiday trips and other luxuries.
“They go for Land Rovers,” said N. Sridharan, a professor at the School of Planning and Architecture in New Delhi. “They buy more televisions, and quite a lot of money also goes into drinking. They try to blow it out.”
Much of this conspicuous consumption is bad financial planning by farmers who have little education or experience with the seductive heat of cold cash. But some sociologists say such ostentatious spending, especially on weddings, is rooted in the desire of lower castes to show off their social mobility, partly by emulating the practices of the upper castes.
........................
But as the white-haired pilot prepared to depart, the father of the bride, Davinder Singh Yadav, pulled him close. “Please take it over the village a few times before you leave,” he shouted. “The village is so big. Everybody needs to see it.”
A moment later, as the copter circled above the small farming houses, the father said: “The whole village will remember. The whole world will remember.”
Classic stuff, you could switch the names and be in Ireland 2006
Sophisticated cats that we are.
http://www.nytimes.com/2010/03/19/world/asia/19india.html?ref=asia