In an interview, the british economist who had coined the word BRICS about 2 decades back has said that whenever he meets chinese policy makers, he says include india, accept its role in world decision. Its matter of time that china will bow down
Western world maintained their luxury life style with 40 % food wastage because of passing the cost to 3rd world country -- That 800 dollar branded luxury hand bag is funded by Africa China India. Dr saheb has explained so nicely about economic importance of family values -- We use to stay in 3 room house 5 people -- Today we are 3 only we have 7 rooms with 5 toilets .. This is western culture killing our family values -- Those children who use to sleep in drawing room most of them became Doctors / Lawyers / CA / Engineers etc.. hence Luxury life style is not a must for excelling in life.
Is it funded by China, Africa & India? I don’t remember seeing China, Africa & India when l bust my butt in school and worked. This victim complex is getting really old and annoying. Stop looking for reasons why you don’t live the life you desire. We all have opportunities out there and it’s up to you to take it.
@@jennyfromtheblock.7153 Sir.. I am talking about civilizational value system .. I am not talking about victimhood. It is hard fact INDIA was looted by British and before that India was producing 40 % world GDP .. Think sir Think .. All those luxury you are talking is stolen by physical force and cunning force after 1835. Currently I am wealthy enough to Buy at least 3 cars - 3 houses -- and drink Scotch visky every day .. DO I need that ? absolutely no.. I am vegetarian 56 years old person did not touch Alcohol till today even when I had enough opportunity do do that free of cost. People are in search of LUXURY life throughout their life.. CAR BUNGLOW DAARU , etc.. is now defining life which I am against -- I will stop here -- Beyond this you may not understand with your limited capacity.
@@fwefhwe4232 Try to understand what I am saying -- Even Cement floor on which we use to sleep is also technology then .. Even Pant and shirt we wore is also stitched by some tailor then .. I can go on .. The idea here is quality of life is not depending on METRO TRAIN and LUXURY CAR -- One has to live life meaningfully through some philosophical way -- In what way ? too many content are available in YOU TUBE you can search.
Incisive...brilliant! I like his take on Raghuram Rajan & Western economists. The first & the last I heard someone speak about about marriage, family & savings in the same breath was S.Gurumurthy...Its both shocking & surprising how our intellect can be subtly enticed into taking the "Western path" even as we pat ourselves on the back for being 'independent' thinkers. Look in the mirror Raghu!
@7:33 I always had this doubt. If our homes wealth increases by more savings then how does countries become more rich by spendings. This I could never understand. Now we know it was a scam going on.
Demand is the mother of all invention. Without invention, countries and their people start lagging behind. The #1 requirement is education, #2 is spending and #3 is saving in any strong economy. Bharat had all 3 before colonization by the Ms and Cs. Now, remember, education should not be confused with a degree. 😂😂😂
During the early 70s when crude oil production got established through Western companies, in the middle east, America wanted to have a control over its trade and made a deal with Saudi Arabia to mark oil prices in dollars. This started the dominance of dollar in real terms. Countries needed dollar to buy oil and would buy dollar. This dollar got hot in the financial market. America could print Notes through its FED and keep itself in safety from inflation. With push for green energy and phasing out of fossil fuel has led to shrinking demand for oil and dollars which will eventually die. This is the main reason for de-dollarisation apart from many other geo political reasons.
I agree with the point on family. What ancient civilizations knew but modern (western ones) are going to realise with failure is that the basic unit of society is not an individual but a family... A family has its own checks and balances which become too difficult to manage in an individualistic society.. Litigation costs, disputes, stupidities increase in individualistic societies as morality becomes very subjective.
It's definitely a big mistake on both sides. Cause of it's world wide consequences, Going fwd any attempt exercising force would prove costly for all .......
aadiji - Dr. Shah's analysis is quite opposite to Dr. Jha. It looks like more of hope as Dr. Shah seems to fervalently hoping for de-dollarization which according to Dr. Jha is a pipe dream. Your viewers should see that interview a more stronger analyses.
It will take a very long time. At least, till the start of the next world war, USD will remain the reserve currency of the world. Nobody wants the next world war. Hence, supremacy of the US and the USD will continue in the foreseeable future.
Indians are eager to settle their children abroad, especially US / UK/ canda/ Australia because of higher standards of Living in outside countries and lack of job opportunities in India. Hence, dedollarisation may not happen
@@sreenathgopinathan5415 it happens but they don’t know about dedolarization but big business house knows that why big IT company are not taking western client after UK election it happens 1$=3 in 2029
A refreshingly contrarian point of view.His arguments are compelling, but when will the unthinkable happen and printing of dollars be no longer possible? Anyone to answer that question?
The two bucket theory will increase the value of the dollar and the euro and weaken other currencies as long as the rest of the world continues to trade using the SWIFT and are compelled to use the dollar and euro. Secondly, the rest of the world needs to form cartels for other commodities too: rice. wheat, coal steel, and other metals, cooking oils. sugar and also IT services.
US has many ways to keep up economy power but EU will face tough time. US has own resources and China has no alternative but to sale cheap consumer goods to US so can import oil & gas. China can’t sale as big to any other country as to US.
Raghuram Rajan is not an economist. Please check his education. He has definitely not studied macro economics in detail. I have serious doubts if knows the types of capitalism.
Brilliant analysis -- This angle nobody says -- This requires strategic mindset -- Hats off Dr Ankit shah sir
Amazingly shocking analysis. Curiosity rises every time you listen to this man Dr. Ankit Shah (God gifted wisdom)
A really refreshing take on the fate of Western economy!!
Love Dr. Ankit's out of the box viewpoint and analysis; makes amazing sense especially from the Indian viewpoint.
Jai hind Jai Bharat
Dr Shah, dhanyavaad!
In an interview, the british economist who had coined the word BRICS about 2 decades back has said that whenever he meets chinese policy makers, he says include india, accept its role in world decision. Its matter of time that china will bow down
Very good analysis by Dr. Shah 👌
Hindi me samjha diya bhai, hats off 2 u
Western world maintained their luxury life style with 40 % food wastage because of passing the cost to 3rd world country -- That 800 dollar branded luxury hand bag is funded by Africa China India. Dr saheb has explained so nicely about economic importance of family values -- We use to stay in 3 room house 5 people -- Today we are 3 only we have 7 rooms with 5 toilets .. This is western culture killing our family values -- Those children who use to sleep in drawing room most of them became Doctors / Lawyers / CA / Engineers etc.. hence Luxury life style is not a must for excelling in life.
bina bijli / paani / sadak / metro ke bina bhi kaam chal gaya tha. iski kya jarurat ??
Is it funded by China, Africa & India? I don’t remember seeing China, Africa & India when l bust my butt in school and worked. This victim complex is getting really old and annoying. Stop looking for reasons why you don’t live the life you desire. We all have opportunities out there and it’s up to you to take it.
@@jennyfromtheblock.7153 Sir.. I am talking about civilizational value system .. I am not talking about victimhood. It is hard fact INDIA was looted by British and before that India was producing 40 % world GDP .. Think sir Think .. All those luxury you are talking is stolen by physical force and cunning force after 1835. Currently I am wealthy enough to Buy at least 3 cars - 3 houses -- and drink Scotch visky every day .. DO I need that ? absolutely no.. I am vegetarian 56 years old person did not touch Alcohol till today even when I had enough opportunity do do that free of cost. People are in search of LUXURY life throughout their life.. CAR BUNGLOW DAARU , etc.. is now defining life which I am against -- I will stop here -- Beyond this you may not understand with your limited capacity.
@@fwefhwe4232 Try to understand what I am saying -- Even Cement floor on which we use to sleep is also technology then .. Even Pant and shirt we wore is also stitched by some tailor then .. I can go on .. The idea here is quality of life is not depending on METRO TRAIN and LUXURY CAR -- One has to live life meaningfully through some philosophical way -- In what way ? too many content are available in YOU TUBE you can search.
Incisive...brilliant! I like his take on Raghuram Rajan & Western economists. The first & the last I heard someone speak about about marriage, family & savings in the same breath was S.Gurumurthy...Its both shocking & surprising how our intellect can be subtly enticed into taking the "Western path" even as we pat ourselves on the back for being 'independent' thinkers. Look in the mirror Raghu!
Both are my fav analysist.............
Very practical insights. Wonderful.
@7:33 I always had this doubt. If our homes wealth increases by more savings then how does countries become more rich by spendings. This I could never understand. Now we know it was a scam going on.
Demand is the mother of all invention. Without invention, countries and their people start lagging behind. The #1 requirement is education, #2 is spending and #3 is saving in any strong economy.
Bharat had all 3 before colonization by the Ms and Cs.
Now, remember, education should not be confused with a degree. 😂😂😂
Aadil Bhai, Dr. Ankit Shah is an intelligent commentator. Please advise when his book will be released?
During the early 70s when crude oil production got established through Western companies, in the middle east, America wanted to have a control over its trade and made a deal with Saudi Arabia to mark oil prices in dollars. This started the dominance of dollar in real terms. Countries needed dollar to buy oil and would buy dollar. This dollar got hot in the financial market. America could print Notes through its FED and keep itself in safety from inflation. With push for green energy and phasing out of fossil fuel has led to shrinking demand for oil and dollars which will eventually die. This is the main reason for de-dollarisation apart from many other geo political reasons.
Excellent analysis 👍
Brilliant insights, wish this was in English, Wanted to share with like minded folks who don't understand Hindi.
jai hind
Wasting money and human lives for the personal gain of a small elite is always wrong😮
One does not expect the innocent looking Dr Shah to make the scathing observation abt R Rajan- cartoon economist!
Can you please keep this channel for full videos, and make a separate channel for clips with the link to the full video in that description
Gujrat ke sasan me jaha asian lion he waha bhi shayad union territory ho rahi he
UA-cam algorithm here here here here here here
I agree with the point on family. What ancient civilizations knew but modern (western ones) are going to realise with failure is that the basic unit of society is not an individual but a family...
A family has its own checks and balances which become too difficult to manage in an individualistic society.. Litigation costs, disputes, stupidities increase in individualistic societies as morality becomes very subjective.
Yep that's why I always wanted to live with families 😊❤️😍😘🕉️🥰🇮🇳
It's definitely a big mistake on both sides.
Cause of it's world wide consequences, Going fwd any attempt exercising force would prove costly for all .......
Hi. can you help with the future value of the rupee.
otherwise it could been a human disaster for EU and UK in addition threat to EU forcing NATO to open its fire.
Wish this whole interview was in English.
🇩🇰
#AskAnkit - In the India UAE deal, how does the conversation rate work?
Hi Adi, Pls give the link of the whole episode with ankit shah..
aadiji - Dr. Shah's analysis is quite opposite to Dr. Jha.
It looks like more of hope as Dr. Shah seems to fervalently hoping for de-dollarization which according to Dr. Jha is a pipe dream. Your viewers should see that interview a more stronger analyses.
It is thru the systematic torture of the Chinese work force that the Western Economic model thrived, and now survives.
800 crore log business to nahi tyag karenge ,, kuch bhi ho economic activities chalte rahega ,,
Humare pass pagolo ki kameeni nahi hai.thanks to andbakat.
How long de-dollarisation process will take please explain it.
It will take a very long time. At least, till the start of the next world war, USD will remain the reserve currency of the world.
Nobody wants the next world war. Hence, supremacy of the US and the USD will continue in the foreseeable future.
In one of previous video he said 1$= 3 ₹ by end of this decade
1$=3₹in 2029
Indians are eager to settle their children abroad, especially US / UK/ canda/ Australia because of higher standards of Living in outside countries and lack of job opportunities in India.
Hence, dedollarisation may not happen
@@sreenathgopinathan5415 it happens but they don’t know about dedolarization but big business house knows that why big IT company are not taking western client after UK election it happens 1$=3 in 2029
Video choti hai,❤❤❤
A refreshingly contrarian point of view.His arguments are compelling, but when will the unthinkable happen and printing of dollars be no longer possible? Anyone to answer that question?
I am atheist, but i strongly believe in family values.
The two bucket theory will increase the value of the dollar and the euro and weaken other currencies as long as the rest of the world continues to trade using the SWIFT and are compelled to use the dollar and euro. Secondly, the rest of the world needs to form cartels for other commodities too: rice. wheat, coal steel, and other metals, cooking oils. sugar and also IT services.
Now we are trying to become export oriented nation as usa'manufaturer are coming to Bharat very big PIL scheme are given what is your view?
Still ,UK is trying to do something out of the box ! even in 2023? ...kuch jyada confidence nhi ho gaya 😂
Kare duniya me rehna nahi hain shayad ab inhe
No Pakistan is bigger mistake by west
US has many ways to keep up economy power but EU will face tough time. US has own resources and China has no alternative but to sale cheap consumer goods to US so can import oil & gas. China can’t sale as big to any other country as to US.
Raghu ram rajan is unfit to be bank manager in India.
Yes world economy has gone down..ukraine destroyed akao other countries supplying arms ammunition suffered heavy losses.
Raghuram Rajan is not an economist. Please check his education. He has definitely not studied macro economics in detail. I have serious doubts if knows the types of capitalism.
L05
It was no mistake.west took calculated risk and achieved their goal of destroying a very dangerous nation.
Jethalal ki shirt
Please Converse in english
As per u de-dollarization is not going to help socialist theory than it is useless for all nations like Bharat.
English or Hindi ? Stick to one language
China fighting directly with usa and indian analysts everything' role around india 😂 sadak chapp analysts