1) Birth Rates Falling. Baby Boomers growing old. World Population decreasing 2) China's contribution to global growth falling. 3) Global debt trap increasing. 4) Inflation will rise but will not hit double digits. Government stimulus set to decline. Technology will hold the markets. 5) Green Politics GreenFlation. Green Metals will rise copper & Aluminium. India impacted. 6) Productivity of people falling People working from home but still working long hours but productivity low. 7) Data localization Saudi Arabia , China & India leading. Data Nationalization 8) Bubblets Low Value Investing. People investing in anything and everything without considering value of the asset. 9) Change of Type of Investors. Big Investors professional exiting he markets. Low small time investors entering in big way. 10) Metaverse is just a Fad. Physical world is still relevant and important.
This is why I watch SOME programs on NDTV even though I do not concur with its political slant. Same reason why I watch Karan Thapar's interviews on The Wire. Content is King. I hope News 18 occupies this space. They can, if they try. Thank God, people like us have The Print now. Wion is a ray of hope and a matter of pride too.
just proves that simple journalism (a definite rarety) can work wonders. How carefully the past is analyzed and the future is predicted. Truly NDTV!!!!
Excellent show. Ruchir bases his predictions on data and research, so likely to be right more often not, generally very credible. That said, few observations: 1. Ruchir tends to base his work on population and economic data. The thing that is glaringly missed out is geostrategic issues like wars, conflicts, alliances, strategic competition, not a word on how these impact growth and economies. 2. Where India outperforms the world, not a mention of the role of govt or its policies and programs. When we blame govt's for crisis, we need to share credit for positive outcomes. India growth could not have happened without massive infrastructure investment, stimulus, Covid management, etc. 3. Ruchir positions data regulation as a negative, something authoritative rulers do. Wrong, more regulation happens in Western Europe than any other part of the world. We are barely started on our path there. Need more, not less, faster not slower. Coupled with data privacy, IPR, this is good. 4. Prannoy says he gives Ruchir A++ for last year's predictions. After two turned out wrong. So maybe A or A+ or maybe 8/10. Still good but no need to be overly effusive. 5. Ruchir bases his premise of investors selling and small investors buying as a concern. Particularly the hike in small investors from 11 to 30 MN in 2021. Firstly not right to extrapolate US data to whole world. Secondly, spike in number of small investors in India is not a 'concern'. We need more, even faster. This increases the tax base, reduces black money, democratises the stock market. So celebrate the trend and accelerate rather than call it a concern. But overall thought provoking as usual, time well spent.
Political polarization must surely be a drain on productivity. People watch news all the time and waste time venting about trivial issues on social media.
Excellent trend identification & analysis by Ruchir Sharma. The honest assessment of last year's predictions gives an idea as to how accurate Ruchir and his team could be. Well articulated program by Pranoy Roy. A must watch annual event.
@@sukhbirnaidu4360 lol, succes ?? Did he show his P&L to you that how much his company is making ? SG normally hires young reporters who are less than 5 years experience and so naturally they have lesser pay than industry experienced professionals, also SG has investors like Tata, Nandan Nilekeni, Cyrus Poonawala, Kiran Mazumdar Shaw who gave him seed money when he was starting The Print..
@@stack7340 Not everybody can startup with equipment stolen from Doordarshan. Some people need seed money; some media professionals do get funded. Maybe Mr Roy can't, going by what you said earlier. His share is a penny stock as of now, poor fellow. But every cloud has a silver lining, I guess. Serious Omicron crisis right now in South Africa. No country for old men.
I fell from my chair when Ruchir said that govt bond prices rarely fall, common its absolutely wrong statement. Between 2018 till 2019 end govt bond prices did fall to the extant of 10% in India. Even in 2013, India govt bond fell more than 10%. In response to pandemic, easy monetary policy sent govt prices rally. So to say, by an eminent economist, that bond prices fall rarely, is something very mediocre
Isn't he talking about US Treasury Bonds. He isn't an economist, by the way. He is a BCom graduate from Delhi. He works for Morgan Stanley. But he isn't a qualified 'economist'.
@@sukhbirnaidu4360 US Treasury bonds fall all the time. The way he is showing the half facts to back most of his predictions from the last year is laughable to say the least. One can always come up with some chart/data which backs any predictions.
While I hold Dr. Pranoy Roy and Mr. Ruchir Sharma is high esteem, it bewilders me how and why Ruchir Sharma believes that increased rate of India's population is the key to better economic progress. We have the developed world in front of us to see their populations and compare it with their well being. In our country where we have long exhausted all means of uplifting the deprived simply because of our humongous population, where the different Rights of the people are no more than merely enshrined in the Constitution, how will furthering the rate of our population lead to higher economic growth and consequently prosperity I muse. Not being an economist I am thoroughly befuddled. We were raised on the lamentation that our population is the root cause of our poverty. How and what has changed this firm axiom just when the reproduction graph was headed in the downward slope, befuddles me. Or is Ruchir Sharma befuddled...
He actually means a population increase in the bottom 90% is great for the top 5-10% of the population. It means cheaper labour and a greater consumer base.
@@muaythairaja I assume you are being sarcastic of Ruchir Sharma's caveat with your attempt to help me out of my disorientation. If not, please elucidate how - in a country already brimming with poor and unemployed - can we hope to have additional labour introduced at wages lower than slavish, to fatten the purses of the top 5 percent, AND have the economy roaring. This is precisely the nub of my doubt to Ruchir Sharma's posturing, which I in my utterly limited wisdom, find outlandish.
@@vishwaspatankar1649 All the major businesses and manufacturers are owned by the top 1%. Everything from a pencil to petrol will be used by everyone, rich or poor. The more the consumers, the better the sales and profits for the fat cats. The more the population, the better the chance a poor Bai will clean your flat for Rs 2000pm and her watchman husband will work 12 hours a day for Rs 10000 pm. Or someone else will. India's elite love the high population and poverty. The rich buy the stocks of the companies the poor need and the rich get richer. When analysts talk about India's economy they don't care about the poor or uplifting them. They talk about the top 10% getting richer.
@@muaythairaja You are very cynical of India's wealthy. That is not how they think. Neither does the economy function in that manner. What Ruchir Sharma advocated was an incredible binary of birth rate and prosperity, decoupled from reality. What you suggest is equally ludicrous and starkly sceptical of the moneyed class of India. The economy cannot be reduced to two variables by Ruchir Sharma, just as the rich and the poor cannot be compartmentalised this perversely as suggested by you. Thank you for your replies.
@@vishwaspatankar1649 You are ridiculously naive if you think India's well heeled ever did or will ever care about the poor of the nation. Read up on history. India was wealthy but the majority of Indians never were.
I don't know when Indian journalists or channels would learn to invite right guests. Why Indian channels always get guest who misguide. Morgan Stanley CEO says Crypto is not a FAD ..its here to stay. Ruchir Sharma says its a bubblelet. Global strategist of Morgan Stanley and CEO don't agree with each other...wow!! SUPERB!!
Global investors like Ruchir Sharma comment on technologies like Metaverse. They call it a fad. How much people like him understand technology? Complete waste of time.
I was expecting an "intelligent" discussion. It turned out to be a first year student who has collected information from different sources on internet giving presentation to his professor. At the end of the exam professor gives 90% marks to a student who has used line charts in most of his ppts. Ruchir Sharma who can't even use different types of charts to present data is predicting about Metaverse. People like him had called Internet a fad in 1990s.
You are right. Case in point - Morgan Stanley's May 2019 forecast of both Bull Case and Bear Case of Tesla. Utterly laughable. Hire from the top campuses, pay'em a fat sum, charge the clients a bomb and bullshit your way laughing to the bank - isn't that the business model.
Revisited the video again today to recap. Wonderful to see the analysis by Prannoy - right from the - The World This Week - when I was kid. And hats off to Ruchir for the truly insightful trends. I eagerly look forward to this episode every year...
Disingenuous of Prannoy to cover up the prediction gone wrong (US$ value falling) by comparing with Bitcoin. Sorry, that was not the prediction, the prediction was it would fall, it actually rose. Ruchir is very good, no need to cover up an occasional prediction gone wrong, he still is very credible
Birth rate in India, at least, is falling for 3 essential reasons: a) Its becoming very expensive (for most people) to raise children, especially due to high education costs, rising taxes, food & other survival costs, compared to income; b) high uncertainty of life itself; c) high uncertainty of jobs.
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Have been looking forward to this. Fantastic. Many thanks to Mr. Sharma for making us wiser and Mr. Roy, for arranging for this live conversation, like in the past.
Truly truly informative and in fact the discussion always sharpens the articulation of our felt needs. This works as public voice. Thanks for taking people's voices ahead.
While this is a very useful exercise, some data is taken out of context to promote the guest. Interest rates did not rise in developed markets contrary to Ruchir’s forecast and he did not call out developing market when he had made that call on interest rates
This is awesome 👏 Dr Roy should hire more sharp minds like him. I began to think NDTV was loosing it. If you keep churning out quality like this then no stopping you. I will follow Richir’s work from now on.
@@ranban282 Do you understand the difference between "invite for interview" and "employer-employee" relation ? I guess not. BTW No one "works" for anyone you may be employed, come out of this slaving mentality.
But Chinese business with India in the last calendar yr has grown To125bill in dollar instead of comming down n with it Indias trade deficit with china has grown. So at least this yr Ruchir needs to look into vis a vis his prediction.
I Totally agree Metaverse is the Theme for Next Decade this decade this will be fad on which lot of tech companies loose money. I also believe Tech will hold in India but American I am not Sure. Electric Automobile will be large theme this Decade.
Sorry Mr Richir and Roy, one correction. population demographics changes are challenges for democratic countries not for China. For China, it’s just a social problem. As it’s single party system.
Stock market is not necessarily the barometer for growth. China growth has been above global average. Reduction in market capitalisation is indication of more equitable distribution of wealth.
Drop in technological stock price in China is more to do with Chinese government policy . All the online education portals have been forcibly closed down with loss of billion of dollar business. Also look into real estate like Evergrande story.
Working from home during a PANDEMIC cannot be compared to working from office in normal times. Kids were home, families were sick, there was general fatigue and trauma and technical issues which take some time to sort out. Work from home and hybrid work should be normalised.
The statement that India's lower birth rate would start impacting growth right away seems to be incorrect. China has been having low birth rate for decades but still growing at near 10% all through till recently. Also if birth rate slows now, how can it impact the productive population right away? Those born now would become productive in 20+ years. The productive population that we have now were born 20+ years back
To grow the GDP we simply need to increase production in volume and value while reducing imports. To do that you don't always have to increase employment. In fact automation and efficient manufacturing using lower number of employees with higher skills leading to increased productivity is essential. Increasing female participation helps a lot but is not really necessary cause for low growth.
@@semekd4940 Won't high consumption rates fill in for the low birth rates? Anyhow, if high birthrates equalled high economic growth rate, Bihar should have been the fastest growing state in India. There are other factors that affect GDP growth rate, and birth rate is just one among them. Birth rate needs to be at an optimum - neither too low, nor too high, right. Several other factors such as productivity gains, discovery of natural resources, savings rate and such factors have a much more profound effect on the GDP growth rate.
Policymakers have to understand this birth rate decline. Making healthcare, real estate, food inflation and education cheaper is the only way to sustain growth.
New investors are entering the market because Bankars, MF AMCs, fund managers, Insurance companies gave them Banana skin. Only banks became rich 😊 for eg. HDFCs. Sometimes knowledge of economics is helpless. Book to read where is Investor's Yacht??
![[MV] A leap of faith...ความเชื่อใจครั้งสุดท้าย (From "Petrichor the series")](http://i.ytimg.com/vi/U1piZH2CNXA/mqdefault.jpg)
1) Birth Rates Falling. Baby Boomers growing old. World Population decreasing 2) China's contribution to global growth falling. 3) Global debt trap increasing. 4) Inflation will rise but will not hit double digits. Government stimulus set to decline. Technology will hold the markets. 5) Green Politics GreenFlation. Green Metals will rise copper & Aluminium. India impacted. 6) Productivity of people falling People working from home but still working long hours but productivity low. 7) Data localization Saudi Arabia , China & India leading. Data Nationalization 8) Bubblets Low Value Investing. People investing in anything and everything without considering value of the asset. 9) Change of Type of Investors. Big Investors professional exiting he markets. Low small time investors entering in big way. 10) Metaverse is just a Fad. Physical world is still relevant and important.
Thank you for noting down the points
Suri Sahab, you make more sense than the pseudo intellectuals on the show 👍🏻
This show every year is a friendly reminder that NDTV is miles ahead of its peers. Cheers.
Keep up good work..
This is why I watch SOME programs on NDTV even though I do not concur with its political slant.
Same reason why I watch Karan Thapar's interviews on The Wire.
Content is King.
I hope News 18 occupies this space. They can, if they try.
Thank God, people like us have The Print now.
Wion is a ray of hope and a matter of pride too.
It'd've made for a hilarious session if they discussed the NDTV share price, though 😂
@@sukhbirnaidu4360 Bhakt focus on 2rs tweet
@@prateekkhanna9941 Tell me how many shares of NDTV I can buy with a dozen tweets a day and I very well will.
@@sukhbirnaidu4360 you’re doing this for free... contact Feku cell, you’ll be paid 2rs per tweet.. don’t expect increments though
This show definitely a must watch every year, Thank you Pranoy Roy..
just proves that simple journalism (a definite rarety) can work wonders. How carefully the past is analyzed and the future is predicted. Truly NDTV!!!!
I think credit goes to Ruchir for knowledge and ndtv for providing platform
Love watching Pranoy Roy and rate him the best news analyst TV journalism has produced.
The only grouse being that he makes such rare appearances.
Republic cant even dream to have such insightful programs
Blessed are we few serious media houses like NDTV , PRINT 💖💖etc are still surviving in India
Watching this show of Mr Pranoy and Mr Ruchir . India is blessed to have these type of intellectuals . Keep up the good work .
Excellent show. Ruchir bases his predictions on data and research, so likely to be right more often not, generally very credible. That said, few observations:
1. Ruchir tends to base his work on population and economic data. The thing that is glaringly missed out is geostrategic issues like wars, conflicts, alliances, strategic competition, not a word on how these impact growth and economies.
2. Where India outperforms the world, not a mention of the role of govt or its policies and programs. When we blame govt's for crisis, we need to share credit for positive outcomes. India growth could not have happened without massive infrastructure investment, stimulus, Covid management, etc.
3. Ruchir positions data regulation as a negative, something authoritative rulers do. Wrong, more regulation happens in Western Europe than any other part of the world. We are barely started on our path there. Need more, not less, faster not slower. Coupled with data privacy, IPR, this is good.
4. Prannoy says he gives Ruchir A++ for last year's predictions. After two turned out wrong. So maybe A or A+ or maybe 8/10. Still good but no need to be overly effusive.
5. Ruchir bases his premise of investors selling and small investors buying as a concern. Particularly the hike in small investors from 11 to 30 MN in 2021. Firstly not right to extrapolate US data to whole world. Secondly, spike in number of small investors in India is not a 'concern'. We need more, even faster. This increases the tax base, reduces black money, democratises the stock market. So celebrate the trend and accelerate rather than call it a concern.
But overall thought provoking as usual, time well spent.
Yeah.. to Rushir we say- take a break from making predictions… BS all the way
Thanks for this, 3 pondering points a) how productivity is measured b) smaller universe data applied globally c) many a answers were cut short..
Much waited annual prognosis of 2022 by Ruchir.
Thank you Prannoy Roy for doing this show every year with Ruchir Sharma. Its very insightful 🙂
Political polarization must surely be a drain on productivity. People watch news all the time and waste time venting about trivial issues on social media.
In next 5 years...this polarization issue will be made void...
Polarization will end soon once your identity becomes absolute
Excellent trend identification & analysis by Ruchir Sharma. The honest assessment of last year's predictions gives an idea as to how accurate Ruchir and his team could be. Well articulated program by Pranoy Roy. A must watch annual event.
Ndtv go fully online so that there is no time restriction of 50 mins on programs like this.
You will fund it ??
Advertisers fund programs on TV at higher price, digital ads don't pay that much.
@@stack7340 SG made a success of it with a subscription model.
@@sukhbirnaidu4360 lol, succes ??
Did he show his P&L to you that how much his company is making ?
SG normally hires young reporters who are less than 5 years experience and so naturally they have lesser pay than industry experienced professionals, also SG has investors like Tata, Nandan Nilekeni, Cyrus Poonawala, Kiran Mazumdar Shaw who gave him seed money when he was starting The Print..
@@stack7340 Not everybody can startup with equipment stolen from Doordarshan. Some people need seed money; some media professionals do get funded.
Maybe Mr Roy can't, going by what you said earlier. His share is a penny stock as of now, poor fellow.
But every cloud has a silver lining, I guess. Serious Omicron crisis right now in South Africa. No country for old men.
I fell from my chair when Ruchir said that govt bond prices rarely fall, common its absolutely wrong statement. Between 2018 till 2019 end govt bond prices did fall to the extant of 10% in India. Even in 2013, India govt bond fell more than 10%. In response to pandemic, easy monetary policy sent govt prices rally. So to say, by an eminent economist, that bond prices fall rarely, is something very mediocre
Isn't he talking about US Treasury Bonds.
He isn't an economist, by the way. He is a BCom graduate from Delhi.
He works for Morgan Stanley.
But he isn't a qualified 'economist'.
@@sukhbirnaidu4360 US Treasury bonds fall all the time.
The way he is showing the half facts to back most of his predictions from the last year is laughable to say the least. One can always come up with some chart/data which backs any predictions.
@@dhruvpatel4948 He's managing a bunch of money, though.
@@sukhbirnaidu4360 so what?
@@dhruvpatel4948 So what? That's the reason he's on TV and you are on YT comments section.
Just imagining how the interview would be like if Arnab Goswami would have been there instead of Pranoy Roy.
Arnab Goswami is almost like David Frost who destroyed Nixon, a sitting US President with just an interview.
Almost.
@@sukhbirnaidu4360 Yeah, almost. Unfortunately, he sucks up to the establishment.
Always.
Ruchir explained the things so simply.Wonderful
This is an absolute gem, one hour of information packed discussion for key insight for the future. Thank you NDTV.
The clarity in communication of Richir Sharma is amazing. It all the more beautified by Dr.Roy
Both are At Par Excellent professionals of our Time… thank you 🙏🏼 @ndtv
While I hold Dr. Pranoy Roy and Mr. Ruchir Sharma is high esteem, it bewilders me how and why Ruchir Sharma believes that increased rate of India's population is the key to better economic progress. We have the developed world in front of us to see their populations and compare it with their well being. In our country where we have long exhausted all means of uplifting the deprived simply because of our humongous population, where the different Rights of the people are no more than merely enshrined in the Constitution, how will furthering the rate of our population lead to higher economic growth and consequently prosperity I muse. Not being an economist I am thoroughly befuddled. We were raised on the lamentation that our population is the root cause of our poverty. How and what has changed this firm axiom just when the reproduction graph was headed in the downward slope, befuddles me. Or is Ruchir Sharma befuddled...
He actually means a population increase in the bottom 90% is great for the top 5-10% of the population. It means cheaper labour and a greater consumer base.
@@muaythairaja I assume you are being sarcastic of Ruchir Sharma's caveat with your attempt to help me out of my disorientation. If not, please elucidate how - in a country already brimming with poor and unemployed - can we hope to have additional labour introduced at wages lower than slavish, to fatten the purses of the top 5 percent, AND have the economy roaring.
This is precisely the nub of my doubt to Ruchir Sharma's posturing, which I in my utterly limited wisdom, find outlandish.
@@vishwaspatankar1649 All the major businesses and manufacturers are owned by the top 1%. Everything from a pencil to petrol will be used by everyone, rich or poor. The more the consumers, the better the sales and profits for the fat cats. The more the population, the better the chance a poor Bai will clean your flat for Rs 2000pm and her watchman husband will work 12 hours a day for Rs 10000 pm. Or someone else will.
India's elite love the high population and poverty. The rich buy the stocks of the companies the poor need and the rich get richer. When analysts talk about India's economy they don't care about the poor or uplifting them. They talk about the top 10% getting richer.
@@muaythairaja You are very cynical of India's wealthy. That is not how they think. Neither does the economy function in that manner. What Ruchir Sharma advocated was an incredible binary of birth rate and prosperity, decoupled from reality. What you suggest is equally ludicrous and starkly sceptical of the moneyed class of India. The economy cannot be reduced to two variables by Ruchir Sharma, just as the rich and the poor cannot be compartmentalised this perversely as suggested by you.
Thank you for your replies.
@@vishwaspatankar1649 You are ridiculously naive if you think India's well heeled ever did or will ever care about the poor of the nation. Read up on history. India was wealthy but the majority of Indians never were.
Immensely impressed with the Data Presented here. Look forward for a smarter 2022. Thank you Mr. Roy and Sharma🙏
excellent data
Very informative. Dr.Pranoy Roy is the best among Indian journalists.Thanks .
I don't know when Indian journalists or channels would learn to invite right guests. Why Indian channels always get guest who misguide. Morgan Stanley CEO says Crypto is not a FAD ..its here to stay. Ruchir Sharma says its a bubblelet. Global strategist of Morgan Stanley and CEO don't agree with each other...wow!! SUPERB!!
Global investors like Ruchir Sharma comment on technologies like Metaverse. They call it a fad. How much people like him understand technology? Complete waste of time.
I was expecting an "intelligent" discussion. It turned out to be a first year student who has collected information from different sources on internet giving presentation to his professor. At the end of the exam professor gives 90% marks to a student who has used line charts in most of his ppts. Ruchir Sharma who can't even use different types of charts to present data is predicting about Metaverse. People like him had called Internet a fad in 1990s.
You are right. Case in point - Morgan Stanley's May 2019 forecast of both Bull Case and Bear Case of Tesla. Utterly laughable.
Hire from the top campuses, pay'em a fat sum, charge the clients a bomb and bullshit your way laughing to the bank - isn't that the business model.
Revisited the video again today to recap. Wonderful to see the analysis by Prannoy - right from the - The World This Week - when I was kid. And hats off to Ruchir for the truly insightful trends. I eagerly look forward to this episode every year...
Disingenuous of Prannoy to cover up the prediction gone wrong (US$ value falling) by comparing with Bitcoin. Sorry, that was not the prediction, the prediction was it would fall, it actually rose. Ruchir is very good, no need to cover up an occasional prediction gone wrong, he still is very credible
I felt like commenting the same thing. I echo your comment.
Wonderful Dr Prannoy Roy. Watching you for last more than 30 years. Your programs are always must watch category 👍👍
Birth rate in India, at least, is falling for 3 essential reasons: a) Its becoming very expensive (for most people) to raise children, especially due to high education costs, rising taxes, food & other survival costs, compared to income; b) high uncertainty of life itself; c) high uncertainty of jobs.
Ruchir Sir 🙏🙏🙏 "Really a Global Think Tank from India".
One of the top class shows from the NDTV stable. Great respects to Dr Roy and Ruchir Sharma for doing this so meticulously each time.
I WAS awaiting for this in 2022
Thanks N D T V for bringing Ruchir Sharma speak up his views for 2022
Why is ndtv not offering more than 720p resolution? It's 2022 FFS
Thank you Dr.Roy Sir for valuable & knowledgeable conversation.
i am watching from Bangladesh... and i love this program and saw this program last couple of years...
If democracy in India becomes safe NDTV will be remembered for it
Must watch every year plus all his books are astounding...
Prannoy sir so much love and respect for you 💜🤍💜🤍🌹🌹 thank you ndtv for wonderful job✌️
Same feeling
Not anymore
Since I read Sree Iyer
Productivity fall is partially due to wastage of time on social media and internet
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
@Hassan muhammad Bogobiri You're right
But I don't know why people remain poor due to ignorance
@Jenna Sangster Speaking of investing, I know I am blessed if not I wouldn't have met someone who is as spectacular as Mr Aitor Lorenzo
He made me profits of over $67,000 U.S dollar
@Nellie Price he's details 👇
Have been looking forward to this. Fantastic.
Many thanks to Mr. Sharma for making us wiser and Mr. Roy, for arranging for this live conversation, like in the past.
Have been watching Ruchir for years via NDTV. Very useful analysis .
A very informative piece, perfect knowledge grab for the year ahead !
Truly truly informative and in fact the discussion always sharpens the articulation of our felt needs. This works as public voice. Thanks for taking people's voices ahead.
When Ruchir forecast usd to fall was it in context of bitcoin / crypto or is this another example of curve fitting
Curve fitting
Richir Sharma, the governments take him seriously. His predictions always prove true and useful for policy makers.
Must watch for multitude of reasons indeed. Thanks 👍
19:04 - what! How is such a sharp drop possible in just 1 year? It boggles the mind..
While this is a very useful exercise, some data is taken out of context to promote the guest. Interest rates did not rise in developed markets contrary to Ruchir’s forecast and he did not call out developing market when he had made that call on interest rates
This is awesome 👏 Dr Roy should hire more sharp minds like him. I began to think NDTV was loosing it. If you keep churning out quality like this then no stopping you. I will follow Richir’s work from now on.
Why do you think Ruchir Sharma would want to work for Pranoy Roy? And do you understand the difference between losing and loosing?
@@ranban282 Do you understand the difference between "invite for interview" and "employer-employee" relation ? I guess not. BTW No one "works" for anyone you may be employed, come out of this slaving mentality.
How will decline in birth rate and gdp growth affect real estate
This is a somewhat contrarian, not commonly mentioned ideas - thank you for bringing to light
Mumbai's low birth rate can be attributed to out migration (migrant workers going back to villages).
I wait every year for this show! Great Show!
But Chinese business with India in the last calendar yr has grown To125bill in dollar instead of comming down n with it Indias trade deficit with china has grown. So at least this yr Ruchir needs to look into vis a vis his prediction.
a very good show by Pranoy and superb session by Ruchir
I Totally agree Metaverse is the Theme for Next Decade this decade this will be fad on which lot of tech companies loose money. I also believe Tech will hold in India but American I am not Sure. Electric Automobile will be large theme this Decade.
Dollar has not declined at all..plz dont confuse by bringing bitcoin in the discussion
Sorry Mr Richir and Roy, one correction. population demographics changes are challenges for democratic countries not for China. For China, it’s just a social problem. As it’s single party system.
Cannot believe that a man of Ruchir Sharma's stature is even talking about Crypto.
Very nice to see you Dr Roy
Why Indian property market lagging when globally property market is on fire?
The BIG inequality gap means only a few can afford a Rs. 1 Crore flat.
@@mg.f.9023 Even those few in absolute numbers are big enough pool to drive the demand. There is a mismatch somewhere.
Intresting 💯
Indeed
@@bhupalrajenimbalkar5629 Visahyach nahi
are lovely reee
A gem of conversation
Very sensible talking economist..
Prannoy was particularly happy when he heard world population will decrease.
Weird ... He calls it fascinating.
Richie is an ideal candidate for FM.
From next time please allow Ruchir Sharma to talk more,people want to listen him and the way he explains.
Stock market is not necessarily the barometer for growth. China growth has been above global average. Reduction in market capitalisation is indication of more equitable distribution of wealth.
Great insight
Very useful and informative. Thanks Roy . 🙏
Very informative.. A must see.
Gud work.... NDTV and Ruchir Sharma
Thank you
Excellent show!! 👏👏👏
Drop in technological stock price in China is more to do with Chinese government policy . All the online education portals have been forcibly closed down with loss of billion of dollar business. Also look into real estate like Evergrande story.
Working from home during a PANDEMIC cannot be compared to working from office in normal times. Kids were home, families were sick, there was general fatigue and trauma and technical issues which take some time to sort out. Work from home and hybrid work should be normalised.
Well said
When we are expecting same video for 2023
Beautiful interaction
The statement that India's lower birth rate would start impacting growth right away seems to be incorrect. China has been having low birth rate for decades but still growing at near 10% all through till recently. Also if birth rate slows now, how can it impact the productive population right away? Those born now would become productive in 20+ years. The productive population that we have now were born 20+ years back
Bullshitting is a crucial part of the Consulting business, right?!
Fantastic session. Thanks.
Prannoy - So classy!
Is the background Pronnoy Roy's home? It looks gigantic.
Only things which is changing, its the SERVICES. The way we serve and being served. THAT'S ONLY THE NEW ECONOMY, PERIOD
To grow the GDP we simply need to increase production in volume and value while reducing imports. To do that you don't always have to increase employment. In fact automation and efficient manufacturing using lower number of employees with higher skills leading to increased productivity is essential. Increasing female participation helps a lot but is not really necessary cause for low growth.
Simply outstanding
NDTV should get new cameras and microphone in 2022
Right, bengoli economist r smart, see what they have done to bengal, great assesment.
"with such low birth rates it will be near impossible for india to grow over 5-6%, that is what people don't understand". - ruchir sharma.
It can, with productivity gains.
I think
Low birth rates will reflect on economic growth after 20 years anyhow.
@@semekd4940 Won't high consumption rates fill in for the low birth rates? Anyhow, if high birthrates equalled high economic growth rate, Bihar should have been the fastest growing state in India. There are other factors that affect GDP growth rate, and birth rate is just one among them. Birth rate needs to be at an optimum - neither too low, nor too high, right. Several other factors such as productivity gains, discovery of natural resources, savings rate and such factors have a much more profound effect on the GDP growth rate.
@@semekd4940 More resources are needed to raise kids, so, lesser the kids, lower the demand for goods and services. The effect could be immediate too.
Wonderful assessment of the macro trends !
Next time please let the guy complete his point....
Policymakers have to understand this birth rate decline. Making healthcare, real estate, food inflation and education cheaper is the only way to sustain growth.
It’s a poor argument comparing $ with Bitcoin as to define decline in $ value. C’mon RS, you can do better.
Awesome information for the newbees If you can guide 30 m households on where to invest wont you save them ?
Seriously?
How naive can you be?
This IS a zero sum game.
Someone has to lose for the likes of Morgan Stanley to gain.
Unlike other countries, Indians don’t have more facilities to explore as far as the entertainment area is concerned. TV is the major factor.
Thank you for the insight
Who decides which country should go bust n which country should boom???...😀...,? To u both...
Thank you guys. Very good discussion 👌👌👍😊
New investors are entering the market because Bankars, MF AMCs, fund managers, Insurance companies gave them Banana skin. Only banks became rich 😊 for eg. HDFCs. Sometimes knowledge of economics is helpless. Book to read where is Investor's Yacht??
Super talk