The narration of Ruchir and the articulation of Ruchir on capitalism is great. Following needs special mention India is a tuff place to do business even today. There are lot of burecratic controls and regulations exists in India Lot of billionaires are leaving China China population is getting aged
Although china took on debt to grow, it was mostly spent on infrastructure, especially high speed rail throughout China. This will pay back in future years and benefits the nation as a whole.
He is the best guy to tell you what will happen in the next decade. He predicts contrarian or anti-hype trends the best. It is so refreshing to hear as most commenters just get on the hype train.
Absolutely, there is a general fatigue, but that does not mean that people want Rahul Gandhi. There is a need for a catalyst for the present government.
The problem with intellects like Ruchir and many others in India is that they are so forgiving to the Nehru Family's incompetence and incapabilities, which systematically destroyed 7 decades of India's promise along with the future and potential of 5-6 generations of Indians. This crude & bloody lack of empathy for fellow Indians who lost their potential is so unpardonable. At least Ruchir tells the truth and does not defend Nehru's family members' gross incompetence. However, many other evil-minded beneficiaries, including those in the current media & from the courtier system, still normalise/defend/find excuses for Nehru family members and their incompetence and incapabilities. Unfortunately, these evil-minded and their supporters in India do not realise that. Still, by normalising and making excuses for 70 years of incompetence by Nehru Family members, they are encouraging other such selfish, incompetent politicians in our democracy.
To be fair, given that India came out of the clutches of the "Greedy capitalist" Britain, socialism would have appeared to be an obvious choice to the leaders of the time. We, with the benefit of hindsight, now know that socialism didn't work. It is the same family (Rajiv) that initiated the process of liberalisation in the 1980's.
He is promoting left. Capitalisms means people who work hard, intelligently will get rewarded. He is talking or people in america, if they do not complete schooling, if they just focus on spending for fun then they will suffer. Same here in India, schools are here for everyone, a lot go, a lot do not take it seriously. Those who take education seriously or their work seriously, they move forward, rest spend a ordinary life.
Ruchir has got a very good knowledge on global economy and his remarks on each country from the economic standpoint of view is fascinating. Few things to be digested Southeast Asian countries are gaining the most from china plus one and not India. India give more political freedom to people than economic freedom. Still India ranks 130 in economic freedom. Us dollar is down. China could able to push reforms in such a way that they were able to lay lot of public sector employees to find their own way. India has a long way to go. Federer system is going to help India in future. No leader in the world won a election for more than 2 terms since fatigue sets in in the last 3 years. India cannot grow at 10% Poland is becoming a developed country Vietnam is doing well What I missed to see is he has not commented about bailing out of Indian psu banks by the government wherein 10 lacs crores of nps were written off in the last 10 years and same psu banks are hitting 52 week high in stock market
For several years on various platforms I have been predicting the ultimate demise of Euro currency. The reason is Euro block countries with disparage economies can not have a single currency. Ultimately Euro currency will disappear. Every country will revert to their old currency. But there is a fly in the ointment and that is Russia. In addition to Rouble, Russia may demand payment in Euros.
Some time back, FM had made a comment it's the dollar that is strengthening, not rupee, that is weakening. Today, Ruchir Sharma Indian rupee would appreciate 80 against USD. Will it be because of the weakening of US Dollar or bcos of strengthening of Indian Rupee?
It's BcoZ dollar is weakening . As he said , many emerging market currencies will appreciate against dollar. India hasnt done anything special in last 2 year and next 2 years that ruppeee will improve. It's the US debt which will make dollar weaker
I like to remine Ruchir Sharma during Xi jinping in power, china's gdp in 2012 was 8.5 trillon, in 2024 is now 19.0 trillions, He never once mention education, it is one major factor for a countries to progress,
Ruchir sharma sir has possibly a problem of sinusitis(सायनस ) he may consult a renowned ayurvedacharya and perform nasya and will get cured in 15 days ayurved will work more efficiently in this problem.
Can you answer a simple question? Can you address the elephant in the room? The world's broad money as a percentage of annual GDP has gone up from about 0.52 in 1960 to 1.5 now. That is a relative (not absolute) raise of 200%. "The economy has grown over the years", is not the answer. It is monetarily measured GDP and broad money as its ratio. Let me give an illustration. Imagine your blood pressure or blood glucose levels going up at a compounded rate of 1.5% per annum. You can only attribute it to the growth of your waistline. No, your muscle mass has not improved, nor has even your height. Just imagine your BP going up from 120/80 to 360/240. What does that mean? What are its implications for the world's economy? No economist has answered this question.
Govt should not do welfarism but Ruchirs boss Rahul gandhy can do politics over welfarism.. wah.. kyaa maal hai.. and this guy is whaat.. ?? Call a pappu a pappu.. or take this rahul with you to us.. we dont want pappu
will u ever think away from the prism of politics, this is about pure economics and not Sangh or anti Sangh narratives. If at all Ruchir happened to praise Modi somewhere in the talk, contrary to what you say about showing one's place.
Even if the anchor is a sanghi supporter, what has that got to do with the perspectives and the ground reality. Appeasement politics has dented the growth of our economy since the Independence, no thrust on development of the infrastructure. Whereas Modi government did exactly the opposite of the earlier governments. Gave importance for the development of the infrastructure which is necessary for the future of India.
@@mappaji In 76 years of independent India, only upper casts have ruled in every sphere of government machinery , there is no merit in governance hence India is backward.
Hate this economist. Firstly he is not an IIT-Engineer nor an Chartered Accountant. What understanding does he have of economics ? apart from working in Morgan Stanley (close to 25yrs) and now Rockefeller Capital, both jobs he got because of licking the Gandhis. In the video he gaves the example of Sunil Mittal, over of AirTel India and AirTel Africa. He claims ratio between both co is 1 - 1/4. Airtel India subscribers are over 8 times of all Airtel in Africa, even a waisted Aircraft Engineer can find fault. Just before this video I was watching KV Subramaniam book show (India @100) on Outlook. He is a child of Railway Clerk, then IIT-Engineer, who finished his CA, then Chief Economist of India now working for IMF and an Director. Listen to KVS book instead of this ex-Congress Gandhi man. RS use to chase the Policitians along with Prannoy roy, Swaminathan A. Iyer (older brother of the crooked Mani S. Aiyer), crooked journalist Shekar Gupta who owns a farm in Delhi, during the elections in India with break of over 30-45 days to find out the govt winning. You know why Rockefeller got him this job, to take care the loot money of the Gandhis !!!
We all know it Just sharing. We all know ALL politicians lie to get power. We all know intellectuals are heavily biased too. "All are obvious rascals" or limited. We all know women ARE seen as less, and all men feel they can manipulate, use and abuse them. We all know children are given zero inputs, though it is obviously SO simple to teach them properly. (After all, we could teach a dead silicon to mimic intelligence usefully with AI. ) We all know Capitalism as such, liberty and trade, IS needed to literally survive in every way and woke is the dead end of Marxian aberrations. We all know life is finite, there is no god in whose name we kill due to conditioned beliefs and stories. We all know wars have NO historical reason, and we all really do not wish it. (We do NOT go around doing that in our neighborhood.) So, wars are an issue of power lust only. So, these king like figures have never done and never will do any good. In fact, we know enough (or can learn) that we will not go to any heaven but unimaginable hell, in the near future. We all know that all these things can be easily fixed, and we are all waiting for SOMEBODY to do that. We decieve ourselves too that the Pansies of the World will do it. We fall for their "narrative" and get divided, while knowing, it IS a game in which "thry" will win, and "we" will be used. Yet, we do it. We all know we must DO something, but we feel too small and feel, we cannot do anything. And, hence, we all feel nothing will happen, Because we all know nothing will happen, because we do not speak truth, even while knowing. We know this too in a way. We must speak the truth, all of us, in our capacity. I wonder whether we know the power of that. But somewhere we know that too. We should speak the truth and Nothing else is really needed. Enough information is there today. It is enough to speak the truth and be happy because speaking the truth keeps us happy too. It was THE BEST advice given to me by a friend years back. "Care a damn"! Narendra
He is Indian.He is not Anti India.He speaks his mind as he sees it.He has been in Indian markets for over 2.5 decades.He thinks India should grow faster at around double digits to get to high per capita income country in the next two decades which I think is correct.We need to press on the pedal while the demographic dividend lasts albeit the challenges we face both externally and internally
He plays safe. See how he replies to hindenburg . Will not manipulation by adani affect market and economy. Elsewhere he has pointed out weaponisationb of institutions,here he doesn't talk. He also never speaks about hatred driven politics of sanghis. Will not communal violence affect economy?
Hatred politics has never been there. It is in fact appeasement politics in disguise as welfare economics which has dented the growth of any country. Especially India the appeasement is going off track in many ways. I agree with Ruchir that the lesser the government intervention, the better. This is really factual when we consider the IT sector of India. Hate politics in fact is myth, a narrative well planned by the pseudo anti nationals.
Ruchir never disappoints. Always a few fresh viewpoints and learnings, mostly commonsensical and self-evident after he has uncovered them! Thanks!!
The narration of Ruchir and the articulation of Ruchir on capitalism is great.
Following needs special mention
India is a tuff place to do business even today. There are lot of burecratic controls and regulations exists in India
Lot of billionaires are leaving China
China population is getting aged
Socialism exists in our DNA . 😢
Although china took on debt to grow, it was mostly spent on infrastructure, especially high speed rail throughout China. This will pay back in future years and benefits the nation as a whole.
One of the most fascinating, eye opening and counterintuitive conversation on Capitalism, Socialism and the role of Politics in Economy 👍🏼👍🏼👏🏽👏🏽
He is the best guy to tell you what will happen in the next decade. He predicts contrarian or anti-hype trends the best. It is so refreshing to hear as most commenters just get on the hype train.
Absolutely, there is a general fatigue, but that does not mean that people want Rahul Gandhi. There is a need for a catalyst for the present government.
Our growth is limited because We have andhbhakts
KV Kamath 's role could have been more way more impactful in this show than what it turned out to be actually
Wonderful interview. Very insightful❤❤❤
The problem with intellects like Ruchir and many others in India is that they are so forgiving to the Nehru Family's incompetence and incapabilities, which systematically destroyed 7 decades of India's promise along with the future and potential of 5-6 generations of Indians. This crude & bloody lack of empathy for fellow Indians who lost their potential is so unpardonable. At least Ruchir tells the truth and does not defend Nehru's family members' gross incompetence. However, many other evil-minded beneficiaries, including those in the current media & from the courtier system, still normalise/defend/find excuses for Nehru family members and their incompetence and incapabilities. Unfortunately, these evil-minded and their supporters in India do not realise that. Still, by normalising and making excuses for 70 years of incompetence by Nehru Family members, they are encouraging other such selfish, incompetent politicians in our democracy.
It's a right wing view,..... the nehruvian policies, were good for the times. We inherited a very very poor economy in 47
To be fair, given that India came out of the clutches of the "Greedy capitalist" Britain, socialism would have appeared to be an obvious choice to the leaders of the time. We, with the benefit of hindsight, now know that socialism didn't work. It is the same family (Rajiv) that initiated the process of liberalisation in the 1980's.
He is promoting left. Capitalisms means people who work hard, intelligently will get rewarded.
He is talking or people in america, if they do not complete schooling, if they just focus on spending for fun then they will suffer. Same here in India, schools are here for everyone, a lot go, a lot do not take it seriously. Those who take education seriously or their work seriously, they move forward, rest spend a ordinary life.
Ruchir has got a very good knowledge on global economy and his remarks on each country from the economic standpoint of view is fascinating.
Few things to be digested
Southeast Asian countries are gaining the most from china plus one and not India.
India give more political freedom to people than economic freedom. Still India ranks 130 in economic freedom.
Us dollar is down.
China could able to push reforms in such a way that they were able to lay lot of public sector employees to find their own way. India has a long way to go.
Federer system is going to help India in future.
No leader in the world won a election for more than 2 terms since fatigue sets in in the last 3 years.
India cannot grow at 10%
Poland is becoming a developed country
Vietnam is doing well
What I missed to see is he has not commented about bailing out of Indian psu banks by the government wherein 10 lacs crores of nps were written off in the last 10 years and same psu banks are hitting 52 week high in stock market
Thanks
😂😂कांग्रेसी राजीव शुक्ला की कुछ समझ आ रहा है क्या । जब पप्पू को आज तक खटा खटा से ज़्यादा कुछ समझ नहीं आया तो तुझे क्या आएगा 😂😂
Please change this ADDA interviewer ASAP.
A Global or International change IS required !
For several years on various platforms I have been predicting the ultimate demise of Euro currency. The reason is Euro block countries with disparage economies can not have a single currency. Ultimately Euro currency will disappear. Every country will revert to their old currency. But there is a fly in the ointment and that is Russia. In addition to Rouble, Russia may demand payment in Euros.
Some time back, FM had made a comment it's the dollar that is strengthening, not rupee, that is weakening. Today, Ruchir Sharma Indian rupee would appreciate 80 against USD. Will it be because of the weakening of US Dollar or bcos of strengthening of Indian Rupee?
I missed his bangalore event. If I had known, I would have attended it and asked him lots of questions. Good luck, Ruchir Sharma. It's a good book.
Neither
It's BcoZ dollar is weakening . As he said , many emerging market currencies will appreciate against dollar.
India hasnt done anything special in last 2 year and next 2 years that ruppeee will improve. It's the US debt which will make dollar weaker
" india is heterogeneous, China is homogenous " ...... "240 is good for India, better than 303" .... humnnn
I like to remine Ruchir Sharma during Xi jinping in power, china's gdp in 2012 was 8.5 trillon, in 2024 is now 19.0 trillions, He never once mention education, it is one major factor for a countries to progress,
Without investing in education and health you can't grow that much that's obvious
@@anujsethi7845: None of these fellows will talk about education, healthcare, skills...... India economic superpower is a big hoax....
Ruchir sharma sir has possibly a problem of sinusitis(सायनस ) he may consult a renowned ayurvedacharya and perform nasya and will get cured in 15 days ayurved will work more efficiently in this problem.
Ruchir Sharma and CJI look doppelgängers….
It's a shame that ruchir got bullied by a stupid question by a congress man
Though he is better than raghu
Only titles are good.Within book,low substance.Little depth.
Can you answer a simple question? Can you address the elephant in the room? The world's broad money as a percentage of annual GDP has gone up from about 0.52 in 1960 to 1.5 now. That is a relative (not absolute) raise of 200%.
"The economy has grown over the years", is not the answer. It is monetarily measured GDP and broad money as its ratio.
Let me give an illustration. Imagine your blood pressure or blood glucose levels going up at a compounded rate of 1.5% per annum. You can only attribute it to the growth of your waistline. No, your muscle mass has not improved, nor has even your height.
Just imagine your BP going up from 120/80 to 360/240. What does that mean?
What are its implications for the world's economy?
No economist has answered this question.
1:29:46
Please do one interview with Dr. Prannoy Roy, too.
@23.26 ruchir sharma is being ridiculus ;; i am not saying the old guy is saying😀😀😀
Ruchir Sharma did so many interviews for the promotion of his book. Why did Dr. Prannoy Roy has not interviewed him yet?
Profit is base of capatilisam which activate progress it require intelligent lbour new scientific development not require s human labour so zombies
Per capita income and gdp are becoming outdated concepts
Govt should not do welfarism but Ruchirs boss Rahul gandhy can do politics over welfarism.. wah.. kyaa maal hai.. and this guy is whaat.. ?? Call a pappu a pappu.. or take this rahul with you to us.. we dont want pappu
The anchor is a Sangh supporter tried to hype about Modi Khan but Ruchir has shown him the place ha ha ha
will u ever think away from the prism of politics, this is about pure economics and not Sangh or anti Sangh narratives. If at all Ruchir happened to praise Modi somewhere in the talk, contrary to what you say about showing one's place.
How was he sangh supporter
Indian Express is known to be left leaning, Congress backed organization!
Even if the anchor is a sanghi supporter, what has that got to do with the perspectives and the ground reality. Appeasement politics has dented the growth of our economy since the Independence, no thrust on development of the infrastructure. Whereas Modi government did exactly the opposite of the earlier governments. Gave importance for the development of the infrastructure which is necessary for the future of India.
@@mappaji In 76 years of independent India, only upper casts have ruled in every sphere of government machinery , there is no merit in governance hence India is backward.
Hate this economist. Firstly he is not an IIT-Engineer nor an Chartered Accountant. What understanding does he have of economics ? apart from working in Morgan Stanley (close to 25yrs) and now Rockefeller Capital, both jobs he got because of licking the Gandhis. In the video he gaves the example of Sunil Mittal, over of AirTel India and AirTel Africa. He claims ratio between both co is 1 - 1/4. Airtel India subscribers are over 8 times of all Airtel in Africa, even a waisted Aircraft Engineer can find fault.
Just before this video I was watching KV Subramaniam book show (India @100) on Outlook. He is a child of Railway Clerk, then IIT-Engineer, who finished his CA, then Chief Economist of India now working for IMF and an Director. Listen to KVS book instead of this ex-Congress Gandhi man. RS use to chase the Policitians along with Prannoy roy, Swaminathan A. Iyer (older brother of the crooked Mani S. Aiyer), crooked journalist Shekar Gupta who owns a farm in Delhi, during the elections in India with break of over 30-45 days to find out the govt winning.
You know why Rockefeller got him this job, to take care the loot money of the Gandhis !!!
We all know it
Just sharing.
We all know ALL politicians lie to get power.
We all know intellectuals are heavily biased too.
"All are obvious rascals" or limited.
We all know women ARE seen as less, and all men feel they can manipulate, use and abuse them.
We all know children are given zero inputs, though it is obviously SO simple to teach them properly.
(After all, we could teach a dead silicon to mimic intelligence usefully with AI. )
We all know Capitalism as such, liberty and trade, IS needed to literally survive in every way and woke is the dead end of Marxian aberrations.
We all know life is finite, there is no god in whose name we kill due to conditioned beliefs and stories.
We all know wars have NO historical reason, and we all really do not wish it.
(We do NOT go around doing that in our neighborhood.)
So, wars are an issue of power lust only.
So, these king like figures have never done and never will do any good. In fact, we know enough (or can learn) that we will not go to any heaven but unimaginable hell, in the near future.
We all know that all these things can be easily fixed, and we are all waiting for SOMEBODY to do that.
We decieve ourselves too that the Pansies of the World will do it. We fall for their "narrative" and get divided, while knowing, it IS a game in which "thry" will win, and "we" will be used. Yet, we do it.
We all know we must DO something, but we feel too small and feel, we cannot do anything.
And, hence, we all feel nothing will happen,
Because we all know nothing will happen, because we do not speak truth, even while knowing.
We know this too in a way.
We must speak the truth, all of us, in our capacity.
I wonder whether we know the power of that.
But somewhere we know that too.
We should speak the truth and
Nothing else is really needed.
Enough information is there today.
It is enough to speak the truth and be happy because speaking the truth keeps us happy too.
It was THE BEST advice given to me by a friend years back.
"Care a damn"!
Narendra
Being an American, Why is he launching his book in India?? When he is so anti India, why is he even in India??
He is Indian.He is not Anti India.He speaks his mind as he sees it.He has been in Indian markets for over 2.5 decades.He thinks India should grow faster at around double digits to get to high per capita income country in the next two decades which I think is correct.We need to press on the pedal while the demographic dividend lasts albeit the challenges we face both externally and internally
@@amitratube
He is an American working for the Deep State
@@amitratube
He is an American, an agent of the DS.
@@amitratube
Deep State Agent
@@amitratube
Ye umrica ke gehre rajya ka agent hai
He plays safe. See how he replies to hindenburg . Will not manipulation by adani affect market and economy. Elsewhere he has pointed out weaponisationb of institutions,here he doesn't talk. He also never speaks about hatred driven politics of sanghis. Will not communal violence affect economy?
Hatred politics has never been there. It is in fact appeasement politics in disguise as welfare economics which has dented the growth of any country. Especially India the appeasement is going off track in many ways. I agree with Ruchir that the lesser the government intervention, the better. This is really factual when we consider the IT sector of India. Hate politics in fact is myth, a narrative well planned by the pseudo anti nationals.