As an opposing pole BRICS is a good thing. There is no guaranty that it turns in the next nasty thing. Its just new and different and others have the power.
As a fellow Economist I would argue that Gita is one of the most brilliant contemporary economists, I have much respect for her. Most importantly, the field of economics needs more women, because the very few women that the field of economics has had, they have had a tremendous impact on economics.
US per capita- 85k, Growth% at 2.5% China- 12k, Growth at 4% India per capita- 3k Growth at 8% This is why she is appreciating the US more than the others
She speaks for the govt without conflicting with the Federal Head's Policy statement. Also has to take care of the US $ image, which is highly transacted- But, 10% drop since past decade..and if each decade witnesses 10% slump as Developing economies take the growth share, when She is old and Obama is above Biden's age in 2060s, US still will be 3rd largest GDP economy but, $ would've dropped to 30-40% of world share in Txns + country Reserves from the rates of 70% & 60% respectively, which is taken over by China....but it's the Image of $ that she has to protect..
When you say "per capita" what exactly do you mean? It's misleading to generalize "per capita," while top 10% owns all 90% assets in the US. In this case, your "per capita" is invalidated, and it really means "minimum wage per capita" if you exclude corps and count the actual population in US. Middle class shrinked in US and still shrinking while in China its growing. Now, China middle class is larger than the US middle class. 😂😂😂
Many people has wrong calculation of wealth for countries "per capita" let me clarify. Top 10% in the US owns roughly 90% of assets. Actual population (not corps) per capita is way less that what economists claim. It's more like "minimum wage per capita". Let me simplify. There is a country with 10 people population. 2 of them make 200k a year but 8 of them make 10k a year. That is 400k+80k = 480k. Now, we conclude that this country has "48k per capita" while actual number is only two of them enjoying capitalism while 80% population (rest of the world assume they are rich) because of "48k per capita" misleading calculation.
Some communities invasion leads to destruction of culture and change in demographics But India's invasion help in improving a countries economic parameters 😊😊😊😊
I am happy her application to be a band member on the Titanic was not accepted and she became an economist for the IMF. I will listen to this every morning, forget what i see with my own eyes. People are being laid off, college graduates cannot find work, people are finding it harder and harder to buy food (especially anything other than the garbage we call food nowadays), but the data she is looking at is great! Forget your experience, look at the data as crafted and interpreted by the IMF and institutions like it.
@@sunilgangadharan9989And you speak from something other than your individual experience? And if you think the things I am talking about affect only one person, good luck with the rest of your life.
@@sunilgangadharan9989No, being an economist does not mean you have to “draw high level conclusions from large population level statistics” without having the slightest concern for your methodology, biases and many other pitfalls. Being an economist for the IMF would, of course, require one to overlook all those biases and problems related to methodology. She is perfectly free to choose to be an economist for the IMF and “take an oath to paint western economies in the most flattering light possible.” But there is a price to every choice and hers is her credibility. It is trite but I am sure you heard the one where Bill Gates walks into a bar with 10 people, immediately increasing the average wealth in the bar from $100K per person to several billions. The high level conclusions is “correct” but meaningless. In the case of the IMF, it is not a cute joke but a highly political exercise to always flatter certain countries. If you do not believe me, go read the IMF’s country report in 2006, 2007 shortly before the U.S. went through one of its worst financial crises ever. If one makes a career choice to spread BS under the guise of “drawing high level conclusions from large population” without spending a second to critically evaluate those statements, well, too bad.
all subjective, emotional, anecdotal statements from you. Get some brains. Also she has bigger brains, more resources and lot more experience than you...
@@jayshek5303 you’re better in the paper 📄 but the reality says otherwise, keep deceiving and fooling yourself while dying and smiling lol 😆😆😆😆 !! Duh !!🤪.
@@jayshek5303 R we talking about total GDP? you can't draw conclusion by putting that increment number on per capital directly. Increment from every labor counts to absolute growth number. 2% of 27.4T (US GDP) is less than 4% of 17.4T (China GDP).
It is more of a surprise the lady of different origin placed in highest power in anglo saxon world. she might be having all the talents in the world, but clearly this lady got some agenda to implement.
Protectionism sets off chain reactions that eventually boomerang on the protectors in equal and opposite intent. BOTTOM LINE: Learn to share. Live and let live.
prices prices prices. That is the ONLY thing that matters. we the people DONT CARE about slowing inflation level blah blah blah. If prices double, housing costs double, then my checking accout needs to double. but guess what ?! It never does...
• *$36 trillion* debt • Ever increasing debt to GDP ratio • Decreasing share in the world GDP US just went through a hyper inflation, so this will reflect in the recent increase in GDP. That's a GDP increase without productivity increase Analyze this and decide for yourself whether US is in good shape or simply running on dollar printing
@@AhmetTekin101 CIA sponsored anti-China smear campaign recently started to float this number but no. *IMF* reports China's debt to GDP ratio as 80% whereas for US that's 120%
Damn, in recent years there be numerous videos every other day on how strong U.S economy is, its like convincing you little brother that you didnt break his toy
Among all brics nation, only India is doing well at 7% but still below expectations. They should be doing far better due to everything falling in place for them at the right time..
Madam Gopinath, (Part 2) 1) Domestically=(organised sector + Unorganised sector) 2) Foriegn Trade Deficit (Will Increase ) 3)Total Taxes collected by The centre Government 4)Read my Articulation to make it easier to understand
If the world is looking for financial stability then they have to get away from dollar or face the problem of inflation in their country because american won't stop printing dollar and impact of inflation to every dollar holder country or individual
What real value does Bitcoin bring. No government backing, except for one small central american nation... Unless The US government backs it, it is just a story
Time to move UN HQ to Switzerland or Singapore. Move IMF and World Bank to HK or Singapore or UAE. Why, because the wealth and growth has moved to the East, and the majority of world population.
The US economy is doing well by commonly accepted indicators, that is true! Imagine a household that has a steady income, annual increments and bonuses all in place! Except, there are expenses that are hidden from the family! Interest payments for US Sovereign Bonds for instance! Guess who is holding a major chunk of these?? 😉Yes, uncle Han is Beijing!😀
Many people has wrong calculation of wealth for countries "per capita" let me clarify. Top 10% in the US owns roughly 90% of assets. Actual population (not corps) per capita is way less that what economists claim. It's more like "minimum wage per capita". 😂😂😂 Let me simplify. There is a country with 10 people population. 2 of them make 200k a year but 8 of them make 10k a year. Thqt is 400k+80k = 480k. Now, we conclude that this country has "48k per capita" while actual number is only two of them enjoy capitalism while 80% population assume they are rich because of 48k per capita misleading calculation.
Can't afford anything , I don't know how there is optimism . Perhaps only the rich are being considered in this stats. Middle and poor classes are for labour and consumption only, to make corporates and states rich with profits and taxes
Yes , but growth you are getting is by destroying atleast 20 countries totally, and risking whole world economy by exporting your inflation, hope you will give this statement after dollar collapse
all these analysis does not reflect the comman man. prices rising , and people obviously consuming more because lifestyle changes as we are humans and as a result debt increases.
I'm now really confused. Jumbo mumbo types. She says inflation is coming down but the grocery prices are still high. So...grocery prices are not to be factored for measuring inflation. Drop,??
@@qasimsholkar205 inflation is the rate of price increase. Low or 0 inflation means slower price increases, not reducing prices. Price of goods usually don’t come down, once increased. Common misunderstanding.
To, Madam Gopinath, If Facists Bharat lose 10 Trillion over 5 years (Domestics & Foriegn Trade Deficit),what will be the health of the Facists Bharat's Economy?
Can you believe this lady is 52, she looks incredible!!! Could easily pass for someone in their 20s!!!
that’s exactly what I thought watching this video after googling her age
Yes, Like a College Girl
yea because she is Indian this is common for Indians
Man, I can't believe it but you are right!
I searched and found that she is from Kerala, India. And Kerala people's genetics ages slowly.
Brics was absolutely amazing.....more countries have joined....no more swift , no retail banks, no immoral sanctions....thank you brics
brics currency = trading in yuan only in the name of brics currency, soo i dont think india will allow that
Bricks = YUAN TRADING CO. AS SAME AS EAST INDIA CO.
@AbhishekSingh-jf7co yiu make us stuff as you go? who told you yuan only? Its all founding member currencies accepted.
As an opposing pole BRICS is a good thing. There is no guaranty that it turns in the next nasty thing. Its just new and different and others have the power.
This woman is highly intelligent and a great asset for IMF. And She looks younger than my 26-year-Old female friend.
Yes, Like a 21 Year Old College Girl
yea because she is Indian this is common for Indians
@@shaheedbhaghatsingh3974 abe chomu sab cosmetics ka kmaal hai thoda surgery bhi
@@shaheedbhaghatsingh3974..😂😂😂..Bsdk kyu jhooth bol rha hai 🤣...SAAND jaisi ho jaati hai Indian aunties ..
@@shaheedbhaghatsingh3974 I am Indian and from Kerala. No it's not normal. Even in Kerala where she is from
First time I listen to an interview with Gita Gopinath. She is sharp as a knife.
As a fellow Economist I would argue that Gita is one of the most brilliant contemporary economists, I have much respect for her. Most importantly, the field of economics needs more women, because the very few women that the field of economics has had, they have had a tremendous impact on economics.
All that I'm gonna say, Wake UP!!
IAS are even better
She is a hypocrite! i dont believe in her statements!
There are not many women in economics because women choose not to work in economics. No one is stopping them
She seams connected to reality. It does not mean the IMF is.
US per capita- 85k, Growth% at 2.5%
China- 12k, Growth at 4%
India per capita- 3k
Growth at 8%
This is why she is appreciating the US more than the others
Which means China and India has greater growth headroom with huge population, will be #1 and #2 economies. So IMF and WB should move the Asia.
She speaks for the govt without conflicting with the Federal Head's Policy statement. Also has to take care of the US $ image, which is highly transacted- But, 10% drop since past decade..and if each decade witnesses 10% slump as Developing economies take the growth share, when She is old and Obama is above Biden's age in 2060s, US still will be 3rd largest GDP economy but, $ would've dropped to 30-40% of world share in Txns + country Reserves from the rates of 70% & 60% respectively, which is taken over by China....but it's the Image of $ that she has to protect..
@@dthomas99 she is a hypocrite
When you say "per capita" what exactly do you mean?
It's misleading to generalize "per capita," while top 10% owns all 90% assets in the US. In this case, your "per capita" is invalidated, and it really means "minimum wage per capita" if you exclude corps and count the actual population in US. Middle class shrinked in US and still shrinking while in China its growing. Now, China middle class is larger than the US middle class. 😂😂😂
Many people has wrong calculation of wealth for countries "per capita" let me clarify.
Top 10% in the US owns roughly 90% of assets. Actual population (not corps) per capita is way less that what economists claim. It's more like "minimum wage per capita".
Let me simplify. There is a country with 10 people population. 2 of them make 200k a year but 8 of them make 10k a year. That is
400k+80k = 480k. Now, we conclude that this country has "48k per capita" while actual
number is only two of them enjoying capitalism
while 80% population (rest of the world assume they are rich) because of "48k per capita" misleading calculation.
She is also Indian origin...damn!
😂
we are taking over lol
For whom🥲@@chandrashekharpandey5630
Some communities invasion leads to destruction of culture and change in demographics
But India's invasion help in improving a countries economic parameters 😊😊😊😊
@@chandrashekharpandey5630 We will take over when the IMF alternative is headquartered in India.
I am happy her application to be a band member on the Titanic was not accepted and she became an economist for the IMF. I will listen to this every morning, forget what i see with my own eyes. People are being laid off, college graduates cannot find work, people are finding it harder and harder to buy food (especially anything other than the garbage we call food nowadays), but the data she is looking at is great! Forget your experience, look at the data as crafted and interpreted by the IMF and institutions like it.
Your individual experience out of 330 Million? Why should she?
@@sunilgangadharan9989And you speak from something other than your individual experience? And if you think the things I am talking about affect only one person, good luck with the rest of your life.
@@alimaninny5343 She is an economist and can only draw high level conclusions from large population level statistics.
@@sunilgangadharan9989No, being an economist does not mean you have to “draw high level conclusions from large population level statistics” without having the slightest concern for your methodology, biases and many other pitfalls. Being an economist for the IMF would, of course, require one to overlook all those biases and problems related to methodology. She is perfectly free to choose to be an economist for the IMF and “take an oath to paint western economies in the most flattering light possible.” But there is a price to every choice and hers is her credibility. It is trite but I am sure you heard the one where Bill Gates walks into a bar with 10 people, immediately increasing the average wealth in the bar from $100K per person to several billions. The high level conclusions is “correct” but meaningless. In the case of the IMF, it is not a cute joke but a highly political exercise to always flatter certain countries. If you do not believe me, go read the IMF’s country report in 2006, 2007 shortly before the U.S. went through one of its worst financial crises ever. If one makes a career choice to spread BS under the guise of “drawing high level conclusions from large population” without spending a second to critically evaluate those statements, well, too bad.
all subjective, emotional, anecdotal statements from you. Get some brains. Also she has bigger brains, more resources and lot more experience than you...
US Growth 2% - Wow US Economy is doing great! China grow 4% - "China is collapsing"
😂😂😂😂
2% in a 80k GDP per capita (US) is better than 4% in a 20k GDP per capita (China)!! Duh!!
@@jayshek5303 you’re better in the paper 📄 but the reality says otherwise, keep deceiving and fooling yourself while dying and smiling lol 😆😆😆😆 !! Duh !!🤪.
@@jayshek5303 R we talking about total GDP? you can't draw conclusion by putting that increment number on per capital directly. Increment from every labor counts to absolute growth number. 2% of 27.4T (US GDP) is less than 4% of 17.4T (China GDP).
@QuatreUno I bet you love India..nearly 1.4 billion poor people @
Resilient, after printing 20 trillion. Give me the money printer and ill make sure the economy stays high in paper.
Respected opinion.Thanks.
She is so beautiful!
The price level that part, at least she kept it 💯. Respect the truth
Only Technology Sector is Growing in USA , That too Because of Indian Engineers and Scientists
Other Sectors Aren't Growing in USA
Jai Hind. Only Indian origins STEM graduates are growing
Buying into your own lies... nice
The downside of her look is that after learning her age I can’t get what she’s saying anymore
🤣🤣🤣
There is not conflict in ME. There is G financed by USA.
Proxy wars how do you justify it
Miss Gita Gopinath is strong as it gets .
One of the best exports of india to the world. 🎉😊😊
It is more of a surprise the lady of different origin placed in highest power in anglo saxon world. she might be having all the talents in the world, but clearly this lady got some agenda to implement.
I am expectiing more detailed outlook from her, not some repetative generalized answers.
powell holding her tongue...
@@ST-eo4oi Economics is repetitive and boring. 😁
Protectionism sets off chain reactions that eventually boomerang on the protectors in equal and opposite intent.
BOTTOM LINE: Learn to share. Live and let live.
Insightful!
Third World Countries (Nigeria, Indonesia, Egypt, Argentina and Pakistan) are collapsing from IMF prescriptions .
UN in itself is the biggest fraud in human history!
Argentina is recovering. Indonesia and Egypt have their ups and downs. Nigeria is going downhill. and Pakistan is Pakistaning!
@@siriusman6169 Lenders' paradox: lend to those in need-hero. Demand the terms of previous lending are honoured-villain.
Smart woman indicator on high
So in the end Pakistan has to beg an Indian origin person for more money 😂
It is no longer inflation, it is greed. Just look at target earnings up 49 percent after cutting prices.
prices prices prices. That is the ONLY thing that matters. we the people DONT CARE about slowing inflation level blah blah blah. If prices double, housing costs double, then my checking accout needs to double. but guess what ?! It never does...
• *$36 trillion* debt
• Ever increasing debt to GDP ratio
• Decreasing share in the world GDP
US just went through a hyper inflation, so this will reflect in the recent increase in GDP. That's a GDP increase without productivity increase
Analyze this and decide for yourself whether US is in good shape or simply running on dollar printing
She said US econ... very strong.
@@Nh-ok3sg I'm sure the Weapons industry is doing very well.
China's 🇨🇳 national debt is over 300% of its GDP, or $55 trillion, highest in the world.
@@AhmetTekin101 CIA sponsored anti-China smear campaign recently started to float this number but no. *IMF* reports China's debt to GDP ratio as 80% whereas for US that's 120%
@@AhmetTekin101 That's some -C - I - A- -ju-nk.-
*IMF* reports China's debt to GDP ratio as 80%
DMD of IMF :- GITA GOPINATH 🇮🇳😎
Damn, in recent years there be numerous videos every other day on how strong U.S economy is, its like convincing you little brother that you didnt break his toy
Debt is higher for the US and the developing countries do have a choice with by leaving dollar
Among all brics nation, only India is doing well at 7% but still below expectations. They should be doing far better due to everything falling in place for them at the right time..
And the printing press goes, BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR!!!
Cant believe shes almost 65
@@AJ-iu6nw 52
36
@@Fgji230 I thought she was 61?
Ok, 26?
I thought she was 70. How about that huh, noob?
We don’t feel that inflation is down
Jai Hind, We must ensure a bigger Indian voting voice in IMF given the size of our economy.
American empire is collapsing faster
Indian ❤❤❤❤
Uncertainty is a buzz word
Gravy train must come to a halt
the only IMF I know is impossible Misson force .
Don't be seduced by the pretty face
To,
Madam Gopinath,
Are you still in a shock?
Let you brief us once you comes to an Abstract conclusion
Thank you
🔥
US DEBT IS SUSTAINABLE UNTIL THE PRINTING PRESS FOR PAPERS STOPS LOL
IMF Should Stop Giving Billions of Dollars in Handouts to Pakistan
Enough is Enough ~~ !!
If she doesn't say good things about the US economy, she wouldn't be heading the IMF 😂
Joining BRICS to boost the economy is delusional.
- With the exception of India 🇮🇳, none of BRICS countries has been doing well economically.
Every BRICS member is doing better than the West
America 36 trillion is doing amazing !
@@eddylee3826 China's 🇨🇳 national debt is over 300% of its GDP, or $55 trillion, highest in the world.
@@eddylee3826That figure is before this year barrages of stimulus from the Chinese government.
@@AhmetTekin101 American empire is collapsing under its own weight
She is a liar, just like her bosses in us fed. Us economy is in a very bad shape.
Moody's should undertake an audit @ Fort Knox
Madam Gopinath,
(Part 2)
1) Domestically=(organised sector + Unorganised sector)
2) Foriegn Trade Deficit (Will Increase )
3)Total Taxes collected by The centre Government
4)Read my Articulation to make it easier to understand
If the world is looking for financial stability then they have to get away from dollar or face the problem of inflation in their country because american won't stop printing dollar and impact of inflation to every dollar holder country or individual
consumption is doing very well every one having to spend every dollar they got to afford this bull shit
Escape the IMF slavery and adopt the bitcoin standard. Your children and grandchildren will thank you
With no government backing it up. No way.
What real value does Bitcoin bring. No government backing, except for one small central american nation... Unless The US government backs it, it is just a story
Time to move UN HQ to Switzerland or Singapore. Move IMF and World Bank to HK or Singapore or UAE. Why, because the wealth and growth has moved to the East, and the majority of world population.
The US economy is doing well by commonly accepted indicators, that is true! Imagine a household that has a steady income, annual increments and bonuses all in place! Except, there are expenses that are hidden from the family! Interest payments for US Sovereign Bonds for instance! Guess who is holding a major chunk of these?? 😉Yes, uncle Han is Beijing!😀
Tfw you're 52 but stopped aging at 25.
income gone up & only majir economy doing good!!!bull shit
Many people has wrong calculation of wealth for countries "per capita" let me clarify.
Top 10% in the US owns roughly 90% of assets. Actual population (not corps) per capita is way less that what economists claim. It's more like "minimum wage per capita". 😂😂😂
Let me simplify. There is a country with 10 people population. 2 of them make 200k a year but 8 of them make 10k a year. Thqt is 400k+80k = 480k. Now, we conclude that this country has "48k per capita" while actual number is only two of them enjoy capitalism while 80% population assume they are rich because of 48k per capita misleading calculation.
She looks in her late 20s
👍
Imf employees better find jobs in brics bank soon. Currency is just a scale to measure money
She is talking rubbish. US economy cannot sustain Debt of 37 trillion. She is towing the line given by her employer 🇮🇳
America is 300 trillion dollars in debt, where are the 400 PHD's employed @ Federal Reserve.
Can't afford anything , I don't know how there is optimism . Perhaps only the rich are being considered in this stats. Middle and poor classes are for labour and consumption only, to make corporates and states rich with profits and taxes
Suddenly she looks 50 year old
Yes , but growth you are getting is by destroying atleast 20 countries totally, and risking whole world economy by exporting your inflation, hope you will give this statement after dollar collapse
PACK ur bags ur done
Manipulated data shady
Trumps policy will be the largest uncertainty
Countries are de-risking from USD.
Interview IAS. They are the best talents on the planet.
she did appear for the exams, her husband was AIR #1. He resigned and moved to MIT
@abhissri6666 yes. She had appeared 4 times and she had failed
There is a gcide on children and look at these people
🌈🎙️🧚💜🧚🎙️💫
All talk. Only gold shows d walk.
How much is in ft knox? Who knocks...?
all these analysis does not reflect the comman man. prices rising , and people obviously consuming more because lifestyle changes as we are humans and as a result debt increases.
Her accent is a weird combination of British and Indian one.
Indian with few years in oxford
But I still don't understand where she got her accent. It isn't American and definitely not Indian. 🤔
@@prabhudevable it's somewhere in between
Only racists and few insecure people in India pay attention to accent rather than what is being said.
She is more Indian than you are
Bring on the BRICS
I'm now really confused. Jumbo mumbo types. She says inflation is coming down but the grocery prices are still high. So...grocery prices are not to be factored for measuring inflation. Drop,??
@@qasimsholkar205 inflation is the rate of price increase. Low or 0 inflation means slower price increases, not reducing prices. Price of goods usually don’t come down, once increased. Common misunderstanding.
To,
Madam Gopinath,
If Facists Bharat lose 10 Trillion over 5 years (Domestics & Foriegn Trade Deficit),what will be the health of the Facists Bharat's Economy?
"We have Paleolithic emotions, medieval institutions, and godlike technology". - Edward O. Wilson
Neocolonialism has to go.
Ohh no what she is talking about.😂😂😂
there is no brics. there is russia and the rest
Your ai- generator is broken
Won’t be long she be getting the axe from Trump
@@dreadfuldonkey IMF is not controlling by the US govt.
Full of "_____".
BRICS
Boycotting USA bonds and stocks multipoler world the new reality 😂😂😂