Balaji - This country will win the future (and how they'll do it)
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- เผยแพร่เมื่อ 6 ก.ค. 2022
- Watch the full interview with Balaji here: • Balaji Srinivasan | Th...
Balaji, angel investor and technology enthusiast, explains why China and India will win the future and they'll replace in doing so. Balaji is the author of a brand new book, "The Network State," which outlines how to start an online digital revolution and the successor to typical nation states.
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America incompetent has been the indolence of Americans, the influx of very lazy and ignorant illegals from latin america. china compentency is false egoistic pride rooted in revenge and hate that keep telling themselves they are here to rule the world. No one can rule the world through stupidity (british empire, USA, colonial powers, etc) and hate. Soft power and uplifting others as humans is the way to go.
There is whole another reason why india is going to shine. They are friends with everyone. They dont take sides, neutral policies, live and let live policies. They are non-west but not anti west
Brilliant talk by Balaji. He is spot on about India.
Brilliant talk my ass.. Indians are scammers everywhere. Balaji’s bet about a million dollar worth of bitcoin is supposed to be today. 90days is over so where is it?
Can most of us in the comments section agree we are highly incompetent to judge if what Balaji says is an accurate predictor of future trends? It seems that most comments below are based on feelings rather than clear measurable trends.
Ohh 100%
It's ALWAYS based on feelings when it comes to Indians. Lol
Not all. But damn the majority definitely.
They don't know even know Modi is giving them lollipops to keep them 10 steps behind the West.
He said china 1st in a heartbeat which is fair enough so whatever else he is talking should be good enough too.
Fascinating! Thanks
All countries go through a high point and then decline. It's the circle of life because nothing lasts forever.
Not true, India's reign will last forever.
@@mangopudding5979 as long as we have people like you we are guaranteed to have our heads in the sand and keep losing lol
Indians because I think they are very smart, specially in maths , Usa have 36% something indians in Nasa, most of the good doctors are indians, big company ceo's are indians etc
All the smart ones move out of India so it creates a perception that Indians are smart.
@@PoshakDua that's not true brother not all the smart people moved out...in fact smart people population which are living in india is very very high compare to smart people population not living in india. It's just your misconception
@@PoshakDua Smart people get rewarded better in US or developed countries bcoz they are in lookout for talent
I believe capitalism in USA is a big reason behind why many talented indians have moved there in the recent decades, cuz apparently capitalism tends to be more rewarding for competent individuals. But times have changed since the liberalization of indian economy which started in 1990s, and even the current indian gov is tilting more towards capitalism. On top of these systematic changes, the mindset of the indian populace (specially that of the growing middle class) is adapting quickly with the rapidly changing 21st century global socioeconomic structure, as they've almost recovered from hundreds of years of colonial exploitation.
I know many smart people in India, and those who moved to US (possibly more in India than in US). Once you get a US education, you tend to stay put and find a job - academia or professional. But many Indians also don't go to the US for education after their undergrad. You will find a larger pool of "smart" Indians in India, compared to the ones who go to the US. Everyone who goes to US, is not the best and brightest btw.
10:32 - 11:29 - the missing piece in Balaji's commentary is the rapidly shrinking working age population of China & the increasing retiring population. That's a challenge that takes 2 decades plus to solve if detected on time but China seems to have left it too late. He could have addressed it directly at 16:05 - 16:08, 19:29 - 19:33 - true, I almost didn’t recognise the city I left for Europe when I returned for the first time after 8 years, and that was in 2012! Its evolved a couple of times more since then but at a tremendous cost. The loss of wetlands to buildings is the key cause of increasingly damaging & dangerous floods
Population shrinkage is a problem but it isn’t as big as it is portrayed since China transitioning towards automation. More youth in the future means more unemployment and therefore more instability.
@@formyloveh who will buy the goods the robots make?
@@kaushikvsmaniyan definitely not jobless people.
@@kaushikvsmaniyan You. You buy goods based on quality and not necessarily who made it.
@@jliang70 you completely miss the point. If couples have one child each, the population halves in a generation even if Healthcare is the best in the world & halves again in the following generation if that trend continues so the market size will do the same. Besides, the elderly buy far less. Do you see the problem now?
I actually think he is right about India like 90%, but I would say he is somewhere around 60% right about China, and, he is 100% right about the USA. tbh.
❤
India's decade, Bharat's century
Indians are heading towards an extremist Hindutva state 😂😂😂😂 there’s no chance they will be a super power.
Not gonna be so easy but hell yeah Indians need to Step Up anyway. Either Rule or get ruled
@@boomergenyup 200 years of colonialism has taught us that it's either get strong or be ruled
Indias debacle... Bharats destiny.
Bharat's millenium
Spot on on India. But I guess Indian and American partnership will rule the world. A democratic free world on India and America.
Indians are heading towards an extremist Hindutva state 😂😂😂😂 there’s no chance they will be a super power
Honestly most Indians in the US vote for Joe and love Dems. Dems hate India. How that will help us? Americans underestimate indian innovation of UPI, its one of example. Now think about the per capita income of 50k USD of 1.5 Billion people. Can you imagine that? That's what will gonna happen with India by 2040
Indians as puppet and America their master 😅
Hasan Minhaj is not from Pakistan. He was born in the US but both his parent came from India.
He is a Pakistani ideologically
even pakistanis were indian hindus once before they got islamised nd dey asked for independence in the name of religion during 1947
Pakistan is an ideology and not a country
Pakistan is not a country, its a mentality
As an Indian i personally think China has better system in place we currently dont have that today we may look we are growing because we have leader in place forget wether he is good or bad for our social harmony, but our problem has always been what happens when they leave, people have always predicted after this person this guy will take over but in India it just doesnt happen.In India taking history into account the person you dont see coming (sometimes you dont even know existed) pulls up and takes power almost all of the time.
Better system in what sense? India is what Europe tries to be but has failed to be (they could barely hold the “union” together); it is orders of magnitude more diverse than China. How many languages are spoken in China? They cannot even handle a single ethnic minority like the Uighurs without brutalizing them. India while held back by colonialism, has never had civil wars or genocides despite so much diversity (every other large geographical entity has had it). Looking at the last 50 years alone is a very myopic view. Please tell me how the “system” is inferior!
@@0m13 Mostly right but India has had civil wars and genocides. That ofcourse depends if you count the converts not as a foreign population. The genocide of kashmiri Hindus and their exodus (7 times), the Malabar genocide, the Marijhapi massacre, the Christian Inquisition of Goa and many instances. Even the British colonialism of two centuries took lives around 60-70 million just because of Artificially created famines alone.
But all these were between The native faith systems, collectively called hindus and Abrahamic faith systems. Mostly xtianity and i$lam, not Judaism though.
But yes, historically (ancient) India or Bharat never had genocides or civil wars. Battles between the kings happened, yes sure but not with the people.
Just letting you guys know the full episode this clip is from is not on the full episode playlist.
Thanks for the great podcasts!
Having Hasan minhaj mentioned in the video had me question your analysis till then.
The fact is that that everyone has it's own theories about US China and India (maybe). Only the time will tell
good analysis.
I feel like balaji magnifies unimportant details to predict what he thinks is the important variable to support his thesis
US isn't going anywhere soon
xD
@@rahulvats95he didn't say usa is going to become a third world underdeveloped country, he just said it will like the uk of today, still developed and rich but definitely not as powerful as China and India.
Yes absolutely... This is for feel good views.... Anyone who studies politics knows how weak India is now.
@@sabtaingopinath9652 you have a strange definition of weak. lol it's growing at 7%+ year on year, and going to surpass Japan and Germany within a decade.
A feedback: I am not proficient in English, possibly its that, but Balaji's language is a bit hard for me to understand. It becomes very hard to make clarity about the content at times.
That's ok. He didn't say Indians will be masters of English. But it certainly is going to improve. We already have the 2nd largest English speaking population. Most of our schools today have most of subjects taught in English. It's obvious, with that much of population.
Subtitles
Soon we will have largest english speaking pop.
You need to familiarize yourself with American way of speaking. Your writing seems fine.
I think Balaji's prediction can be rebutted by Kishore Mehbubani...a geopolitical expert residing in Singapore..
Very well spoken my hillbilly friend.
he is right, but if indian residing in india wants to prove him wrong( which he wont be upset if done), they need to step up in the field of technology and compete with west otherwise only indians residing outside india vs china will the scenario.
hope people understand.
nice convo btw
China is too highly dependent on it's integration with Western economies. Which is the same dependency India (and Indians) are in. But the global economy's growth is going to be the African and Middle East economies. If you look at which high growth militarized country has the best access to these economies, it is probably Turkey. So I'm betting on Turkey. It also happens to be diversifying it's economy at break neck speed with an almost alarming disregard for inflation and quality of life, despite being a democracy. That's the kind of momentum that creates an empire. China and the US will however likely remain #1 and #2 for at least a few more decades. They really need to start trying to drag each other down for anything to change on that front.
this is a promo
Hasan minhaj is Indian! 23:00
US will be just fine. The geographical advantage is unparallel.
It will be as fine as UK
I am from India and I spent ten years of my life in the US. As matters stand, the US is exactly in the same spot politically as Great Britain was in 1939. It perished within seven years and lost its glory. The US has fought so many wars and printed so much currency that it is sinking under its weight. It can't fight its wars anymore because it doesn't have the money to do so. Inflation is rampant and by the end of 2024, the US will be at the beginning of a depression though a new term will be coined to describe it. The facade exists but the building is badly damaged and unlivable. Like all empires that were based on brute force and bloodshed, the US empire will be gone too. It is only a matter of a decade.
What kind of comparison is this ?
The US has the most powerful army in the world.
The US has the most important and powerful tech in the world.
The world uses US tech and thats not going anywhere.
People like you are delusional.
This is a delusional take
@@willdanger6833the homeless person taking a dump in San Francisco, the center of some of the wealthiest corporates on the planet, disagrees with you.
@@0m13 OK that doesnt mean the US is gonna collapse in a decade.
@@willdanger6833 It is the typical pride of indians coming out. Before achieving anything they will think of a hypothetical situation where India is going to be a superpower. I am Indian by the way. But I have woken up and smelt the coffee
Westerners delegating to others will be our downfall
delegating? as if its happening voluntarily 😂
@@ZionistWorldOrder How would you delegate in an involuntary manner? Care to explain, I don’t think you can. By the way, maybe you should take a look around, your Zionist World Order is coming undone, we’ll see who gets the last 😂, it won’t be ZOG. 2 billion Muslims, 2 billion Christians and 15 million Jews - long odds, “friend”.
He’s brilliant but I believe the most successful Indians and Chinese are in America and do not see that changing.
I disagree. There is a big change coming and the world will see the biggest migration of diaspora back will be seen
Not in manufacturing.
You're ignorant. Most successful Indians are still in India. Tata's, Mittals, Ambanis, Adanis and the likes. All the ISRO scientists who are able to execute Moon and Mars missions at fraction of costs.
Indians in the US have climbed the corporate ladder but they will never ever succeed at high level in Media, Business and Science at the same rate. And when push comes to shove US govt will not hesitate sending them to Internment camps en.wikipedia.org/wiki/Internment_of_Japanese_Americans
I disagree
@@higherbeingX look at the companies…
Can someone elaborate what he meant by Indians, not India?
Indians worldwide meaning the diaspora. The diaspora will have to play their part to influence decision making in their respective countries in case of a Sino indian war, which by the way is inevitable. It will also help in countering influence and dependence of the world on china.
23:00 Hasan's parents are from Aligarh, UP, India.
Wow it's not a very clear talk. ...too much random information...come to the point
It's called non constructive thoughts.
This talk was all over the place. We call it "Raita faila diya in Hindi" without actually coming to a conclusion.
You didn't understand the meaning of Indians? Indians are everywhere. Smart people in the western country will be Indians. China will indirectly compete with Indians not india. He is correct. Indian political class will still won't understand how to defeat China. China will be defeated by Indians but not from India.
It's not for birds brains.
I thought it was an interesting snippet. Balaji has a unique and deep take on the world. I think he's spot on about the US, China and India but I think he underestimates how fragile China's internal systems are. There's a lot of tension and people don't like Xi Jinping's defacto dictatorship. (i've spoken to several Chinese citizens who left the country about this subject). Centralized systems often go ahead fast but they topple quickly, case in point, the USSR. We saw how many Chinese cities had blackouts because China stopped importing Australian coal due to some petty squabble. India and USA while they're bogged down by democracy have safety valves built in and are more robust because of it. I'm putting my bet on India and USA being safe top 2 of 3. China while being formidable industrially right now could end up getting pegged down if they end up in wars.
China's internal system has fragility and strength. The Chinese were the first to come up with the imperial civil service back during the Han Dynasty period . Most modern system we have today is an evolution of that civil service system ( basically - bureaucracy) . That allowed for greater centralisation . Yet it allowed the provinces to have governors to act with great autonomy .
It will be a fight for a balance between centralisation and decentralisation. Historically the balance have been more towards centralisation with room for decentralised maneuvers - which permitted great prosperity. China in a modern sense is a parallel of the Roman Empire .
Even the US is an empire but for some reason americans don't like it . Caesar said - vene , vidi , vici - I came I saw i conquered . America today is - I came I saw i conquered i am sorry . US did what it had to do , it has no reason to be sorry . It can introspect but it should not be paralyzed to act . The US is a great nation .
The xi jinping era signals too much centralisation but that doesn't mean the Chinese Mandarins are not aware of the issue . It's too early to know how strong the centralisation is .
I would place a bet only around 2030 . From that point it will become clear if the Chinese have a card up their sleeves which they are holding close . If not it's India and the US .
1729.
@Whatsapp①⑨⓪⑨③①②③⓪③④ count me in
It's starting to show that the Chinese model is unsustainable. It's a centralized empire model, which is undermined by ethnic warfare and political infrastructure cracks. The biggest handicap is the centralized finance model, which is starting to crumble under the weight of the population, chronic health issues in the population, and the government picking the winners and losers. Foreign direct investment is declining rapidly. As the economy starts to decline with waning demand, they would have to move to a venture model not dictated by the government. They aren't innovators outside of military technology, and their attempts at colonization is failing in Latin America and Africa. They are becoming the British empire of the 21st century.
Haha, you wish you knew what you were talking about. Most of the things you have mentioned are far more true for the US than they are for China. One just has to get rid of one's confirmation biases and see things objectively for what they are
Your 100% right. Great analysis. I think its crazy that pepole think china can grow like that.
Best case is that What happened to japan in the late 80s and 90s, will happen to china.
@@mrjackoldman china can’t even feed there population without American imports.
@@mrjackoldman massive cope
@@melburn4596 US is hardly infallible. Their credit rating has been downgraded while poverty, crime, drug abuse polarization and lack of civility is on the rise.
often times people who declare a bet on the future
Has skin in the game with the said Country
I wonder how biased his take is... Like Ray Dalio. Ray Invested so much, can't speak against it. Turning a blind to the current events and choosing to stare at history instead.
The only real answer is India or a longshot EU like regional bloc in africa.
For that the social fabric of safety and illiberal values need to be maintained. Economy and that goes hand in hand. Country needs to be anti-Islam and inculcate similar minded and well invested law and order officials as well as population control bill to control the demographics. If demographics changes then all this direction would change. Present govt is doing that somewhat but nowhere close to enough.
21:19 Now 5G Everywhere
Here we go again - Indians saying "next superpower" - first it was 2000, then it became 2010 and then it was 2020 now it is 2040. SMH
Per Wikipedia, Hasan Minhaj is of Indian heritage, not Pakistani. You are a great thinker, Balaji, but I really hope this was a rare example of an inaccurate statement from you, cos I take your words super seriously. Thank you for your intellect!
Pakistan is an ideology. He is a Pakistani by ideology
Hasan is Pakistani by heart! These kind of people support rape as a tool for political settlement just because rapist belong to their religion!
Hasan is a pick me Indian and Pick me South Asian. He would still be a pick me if he was Pakistani.
What even is Pakistani heritage? They're not like Bangladesh bro. I think Indian heritage should apply to all. India referring to the subcontinent instead of the country.
In terms of heritage, he is certainly Indian. Pakistan is a mindset that's all. Just like the left in the US.
Well the basic ideology of Pakistan is “not India”, they should have just named themselves that. In that sense, Hassan is the same. And he also admitted to lying and exaggerating most of his “stories”.
Because hes indian as well
fast forward to a year later dec2023 and guess what ,china is experiencing ever increasing economic turmoil not to mention declining population. You'd want to rethink your predictions. Probably there's worse to come, sanctions , wars , natural disasters, pandemics etc.
Whoever predicting things about india does not take into consideration few important elements. Like...
By 2049 Indian population will add another 25 crore . Add to that the old undead ones because of better medical availability. So you could be staring at a 25 crore just starting -in -life youngsters and totally non productive sick population of the same size. Why no one is talking about this while predicting and painting rosy picture of the Indian future. We will be falling into the abyss by that time. GDP will certainly increase. In india it is the number game because of the population. Currently india produces 7 lakh tons of human excrement every day which is a handsome amount of 25 crore tons.
Just putting things in perspective
lel, i would be cautious of predicting the future.
International indians
Wtf 😒
He thinks a bunch of International people of a country will compete with another country
This is literally what many Chinese immigrants in australia and middle easterners in Europe and America do.
They play large roles in government of western countries to influence policies in favor of their homeland
What you cant see or understand. Always hard to predicte. Well Bajaji is wrong about India.
USA ain't gonna collapse 😅😂
Hawaii C'mon😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
The thing about predictions is that they are "predictions", simply put they are assumptions and assumptions are never facts.
Predictions are based on what you have seen and what you are seeing. For example from 1947 to 2013 there were 74 airports constructed in India. From 2014 to 2023 75 airports have been constructed, so if you take the pre 2014 no. Which averages 1 airport an year, somebody making a prediction would think the best India could do may be 3 airports a year(30 airports in 10 years) if they worked really hard. But as it turns out in the last 10 years India constructed 7-8 airports per year.
Hassan Minaj is NOT from Pakistan. He is from India. So many factual mistakes in his arguments.
Wanna be pakistani (but didn't move in 1947 because who wants to leave thier home unless forced to do so). This this true for most of UP.
@@marshalLannes1769 Wannabe Pakistanis don't marry Hindu gujrati girls without converting them.
Buddy, it's not that serious. Hes talking broadly South Asia.
@@imacarguy4065 I agree, getting Hassan Minhaj's country of origin wrong isn't that serious. I used it as an example(should have used something else probably) but my broader point was that the guy's thesis is very wrong cause it's built on a lot of wrong assumptions and factually wrong data.
Didn't The Americans in NYSE build China
Was america not built on stolen money from other European colonies ?
Yep, American capital build modern china
So Much words So Less Essence
Many competitive programmers 💻 , doctors 🥼, engineers 🛠 are from China / India.
Never seen a chinese doctor
Although i agree engineers, comp prog and gamers are from china
Well said but wrong
The guy is clearly underestimating the US and overestimating China.
Hasan Minaj is Indian. His parents are from UP, India
Still China? Without semiconductors from the West?
Sorry Balaji but Bollywood is so much better than Hollywood. Id say Hollywood makes the most predictable canned tripe on the planet..
😂😂😂😂 yeah bollywood is better just like indias space agency is better 😂😂
@@ZionistWorldOrderPaki, do they will make you strip at international airports.
lol
"The Chinese state has executed phenomenally well" is a hilarious remark that I'm sure he didn't mean to imply what he implied.
Why not? R u aware of how big and diverse China is? Decades of peaceful and stable growth. Why not praise its government for credits due?having ideological and philosophical differences doesn’t let you take away from their achievements
Including Sparrows 😂
Balaji is so silly. Bangalore isn't cleaner than SF. Alot of things he talks w.r.t india are exactly the same as any other developing states. Malaysia, alone, exports more in high-tech exports than all of india....and Malaysia is 43x smaller than india. Yes, that's 4300% smaller!! (I am not talking about overall exports, but only high-tech exports). Ps, india is literally THE worst country in terms of communal rift, religious riots, ethnic conflicts etc. US is no way near close to it.
India will become larger bc of its size...but thats about it. On per capita, india will remain far behind real heavy weights like US, China, EU, or Arab/Islamic World etc
😂
Its India's century. This right wing shift will be over sooner than later.
It's actually a left wing government. They're pro vegetarians.
Right of the top I'll give you a reason he is WRONG about the dominating countries by 2040. He named China and Indians (huh?). He is thoroughly forgetting history. History has only rewarded societies that enabled innovation. Countries which had ZERO innovation such as China and India - and just copy stuff WILL NEVER MAKE IT TO THE TOP. History will show, that when India innovated and all the world wanted its products it was at the top, and so was the UK and so is the US. Nothing in the current trend shows the China and India are innovating at world class level.
Lol,bro is delusional 🤡🤡🤣 US/ENGLAND HAD NO HISTORY THEY JUST CAME INTo POWER AFTER THE COLONIAL LOOT 🤦🏿♂️
He thinks International indians are Smarter than indians living in india
He knows nothing
Someone pls tell Balaji that China is done, its economy is shrinking, demography is upside down , debt (internal) is all time high. The railway which u talk about so loudly is running at a loss and technically overrated. Chinese military is made out to be a overrated force by western academia. Development of Guangzhou and Shanghai or Beijing remains in the cost. China has lot of problems…. all this will keep China weak.
China vs Indians
Unique perspective
But i think israel will be the dominant one
😂😂😂
😂😂😂
if we let them israel would try to rule the entire world
India,talk more and boast
Hasan Minaj is Indian Origin Muslim :)
100% Israel.
Lol
Israelis are similar to Indians in many ways I think
I think India and Israel will have each other's back .. plus while Israel has some of the smartest people .. there aren't enough of them to form a critical mass ...
Judaism and Hinduism aren't proselytizing religions ..and can get along just fine.
Why Israel?
Israel and India are brothers from other mothers bruh
China coming out the dominant nation in 2040 is like saying China finally converted to democracy! 😂😂
maybe one day they will..
@@ZionistWorldOrderThey can't.
@@imacarguy4065they cant today.. but after the collapse and after the famine.. maybe.. who knows
India is carrying half of the world growth and its gonna increase in coming decade.
So yes he is right india is gonna be the superpower
@@anandsuralkar2947 india may starve or fall into civilwar faster than you can say cow dung at any time in coming years, india can barely carry its own "growth" nevermind the world. We laugh at indian news and i remember as a child discovering indian channel on our satellite dish and how we used to laugh and laugh watching old bollywood movies just to mock how bad they were, i cant imagine but one item in my household purchased from india the last 35 years and that is ink.
Ugh. Balaji being the wannabe Jordan Peterson of crypto as usual.
This guy is a right wing propagandaist.
Projecting all of his bias and know nothing about India.
Just lies..lies.lies
SOUTH INDIA for sure (NOT INDIA) WATCH THE DIFFERENCE AND WATCH THE CEOS OF WORLLD
Micron CEO Twitter CEO (old) UK PM Mauritius PM
Here u go a regionalist bigot …. 25 years ago every south indian would travel north to work in public sector or Bank etc ….. they see little development and prosperity and feel bigotry comes out.
Ok rice bag
Balaji's theory is so selfish amd baseless
It just based on his webs of thoughts and his mindset
Sorry your arguments are extremely weak.
This century is American 🇺🇸.
Look at demographics, natural resources, skilled labor.
this century is america gone autoimmune.
@@ranirathi3379 yeah, but who protects global trade, who has the worlds only reserve currency, who is the n.1 oil producer etc.
Americans are always late to make bold big changes but when they do, watch out.
I am also biased because i live here…😁
his argument was 25min, yours was 5 words
@@melburn4596 its superpower in decline.
Good luck😂😂😂
It's not about the country anymore. It's about the planet. Stop this stupid tribalism.
US isn't going anywhere. I don't agree. China is good though. Indians we will see.
Indians are heading towards an extremist Hindutva state 😂😂😂😂 there’s no chance they will be a super power
By 2040, there wont be India but a bunch of countries given how Mr Modi is driving polarisation between North and South
Oh is that so, why do you say that, like can you give some examples of polarization.
Are you mad? Do you ever hear about state competing with each other? Totally rubbish🚮
Here comes the Rice Bag. India will be united as long as it is Hindu Majority.
On the contrary, India is today a more cohesive n stronger country that it has ever been n prosperity will push it more towards unity n nationalism !! U r completely wrong ! 😃
It is difficult for the western world to j derstand u I try in diversity
Israel