Friday, June 07, 2013

Diamonds Are Forever... But Is Narendra Modi?

The power of marketing and manipulation.  The power to control and contort prices.  Monopoly over supply.  That is how De Beers has maintained the largest bubble in the history of modern consumerism.  Truly spectacular.  Here have a read.

Call me conspiratorial, but I think there is a striking similarity between this De Beer's scam, and Narendra Modi's political prowess.  The success of both ride on the same things - superb marketing and public relations campaign, ride on the general stupidity of the mass populace who believe, if it's on the internet it must be true - you know who they are; and   creating massive artificial demand for something that has no intrinsic value.  A bit like how we give Clinton the credit for the glory days of the 90s stock market boom, which was nothing more than the seeds of the Dotcom bubble.  Here again we are facing a similar story.  

I have nothing against Narendra Modi per se, I just don't understand why we are all caught up in the hype when it is exactly that - an unsustainable, and nationally impractical hype.  Not to mention he slaughtered all those people...

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