A sucker born every decade

Indian tycoons and movie companies are moving into Hollywood:
 
After several good years, entertainment companies in India are finding that they have plenty of money but not enough places to spend it.
 
When the Japanese real-estate market was getting frothy, Japanese companies also decided that they had too much money.  They bought marquee real-estate and Hollywood movie studios. It ended quite badly for the Japanese; last seen, Japan was still in the throes of stagflation.  It's the Indians' turn now, I guess, to lose their money speculating on American glamor.
 

No comments:

Post a Comment