1:21:26 Europe is Nursing Home China is Jail Japan is Museum Middle east is Confused kid wants to do good but raised in problematic household living in bad neighborhood
And Bharat still doesn't have educational institutions so that it's brightest and best have to migrate . India has to import $100 billion goods from China ; aircrafts , trains ,mobiles from West , bullet train from Japan etc . And I thought Ruschir was smart ; he's just another AB looking for a cabinet post .
How about a counter argument for Ruchir. He says Capitalism is implemented in a flawed manner today but capitalism is good, look how worse off we were when we were socialists. Well, to mind mine the socialism we had was wrongly implemented too. So you're comparing 2 flawed implementations of 2 philosophies, but you're definitely one you support saying it's good but Implementation is flawed. From whatever little understanding I have had from my reading, socialism was never against the free markets and competition. It did prescribe some intervention in order to avoid bigs becoming too big. And not everyone have the same means and shot at life, so empower those who don't and make them able to compete. If socialism then becomes so utopian idea for capitalists, capitalism they envision (which Ruchir mentions as well) is as utopian. Just a humble view.
India Needs Administrative reforms more than economic reforms. We are still administered by a bureaucratic structure that the Britishers used to make India the poorest country from the second-largest economy we were during the Aurangzeb era.
BHARAT economy performing in past 10 years,outstanding efforts lead by good governance effective policies producing wealth and wealth creators numbers day by day increasing sowing all over stability and strategic strength in india' s effective economy expandeding and yielding this results .
Indian Monopoly kings like Adani - Ambani, etc's board members inculding Mr KV kamath and key people like him, thinking to ban ruchir sharma in India as he points out the obvious. :D
The wealthiest Newborn in the world is a Chinese curtsy. Three generations of one child, policymaking him/ her, inherit the wealth of 14 ancestors. So, a Chinese will definitely become rich before it becomes old.
AI boom is the biggest leap of technology our species has ever seen. A website that took 2000hrs to make can be made in 800hrs now. In next 10 years AI will completely transform the world. Indians are adopting AI at a much faster rate than other nations.
1:32 SHOBA DE question on whether Indian accepted RAHUL GANDHI as new face .. Answer lies in people wanting change -- BUT definitely not RAHUL GANDHI as PM .. What really people want is 10 years GUJARAT MODEL is run its term we need YOGIJI MODEL and that is the change people are aspiring to .. Hence question of whether Congress will form government in center in the future ?. Most unlikely ..
Team Indian Express wonderful session, it would have been even better if you had a different anchor moderating the session. Frequent intrepution of flow of thoughts of both Ruchir and Mr Kamath. The anchor was the major draw down for me. Not able to frame meaningful questions and have a engaging conversation.
During Manmohan Singh's decade, our SENSEX increased by fivefold, while Modani's decade saw it grow only 3.2fold. So who was better for our Stock Market investors?
In dollar terms there was no return during Dr Manmohan decade or inflation term there was no return. There was 13% inflation in that even if you grow 2% you get 15% growth. So idiot u should stop watching Dhruv Rathi and reading business standard.
@@amnsia747: Excuses can always be found. During the last decade, the world and its brother followed the China plus one policy. Under this policy, Vietnam, Mexico, and even Bangladesh attracted many FIIs and have done well in economic terms. Moreover, Bangladesh's GDP per capita was 40 % less than India's, and today, it matches ours.
Ruchir Sharma Sir has rightfully glamorised Economics with his sheer Talent and Oratory!!
One of the best Economist Ruchir Sharma ! His books are amazing
True but still Modi bhakts abuse him on social media 😂
Very good episode, looking forward to read the book
Stock markets are high not because of development but lack of other business opportunities
1:21:26
Europe is Nursing Home
China is Jail
Japan is Museum
Middle east is Confused kid wants to do good but raised in problematic household living in bad neighborhood
Jap is nursing Euro is museum
And Bharat still doesn't have educational institutions so that it's brightest and best have to migrate . India has to import $100 billion goods from China ; aircrafts , trains ,mobiles from West , bullet train from Japan etc . And I thought Ruschir was smart ; he's just another AB looking for a cabinet post .
How about a counter argument for Ruchir. He says Capitalism is implemented in a flawed manner today but capitalism is good, look how worse off we were when we were socialists.
Well, to mind mine the socialism we had was wrongly implemented too. So you're comparing 2 flawed implementations of 2 philosophies, but you're definitely one you support saying it's good but Implementation is flawed.
From whatever little understanding I have had from my reading, socialism was never against the free markets and competition. It did prescribe some intervention in order to avoid bigs becoming too big. And not everyone have the same means and shot at life, so empower those who don't and make them able to compete. If socialism then becomes so utopian idea for capitalists, capitalism they envision (which Ruchir mentions as well) is as utopian.
Just a humble view.
India Needs Administrative reforms more than economic reforms. We are still administered by a bureaucratic structure that the Britishers used to make India the poorest country from the second-largest economy we were during the Aurangzeb era.
Are they discussing Adani & Hindenburg? Are they discussing discredited SEBI?
Excellent
BHARAT economy performing in past 10 years,outstanding efforts lead by good governance effective policies producing wealth and wealth creators numbers day by day increasing sowing all over stability and strategic strength in india' s effective economy expandeding and yielding this results .
Indian express is the best in media businesses
Indian Monopoly kings like Adani - Ambani, etc's board members inculding Mr KV kamath and key people like him, thinking to ban ruchir sharma in India as he points out the obvious. :D
The wealthiest Newborn in the world is a Chinese curtsy. Three generations of one child, policymaking him/ her, inherit the wealth of 14 ancestors. So, a Chinese will definitely become rich before it becomes old.
Superb! What passon, clarity and busting of ALL myths.
But he is a bit naive about power of ideology.
BHARAT will add 2 fold more numbers of billionaires and millionaires by 2047.
AI boom is the biggest leap of technology our species has ever seen. A website that took 2000hrs to make can be made in 800hrs now. In next 10 years AI will completely transform the world. Indians are adopting AI at a much faster rate than other nations.
1:32 SHOBA DE question on whether Indian accepted RAHUL GANDHI as new face .. Answer lies in people wanting change -- BUT definitely not RAHUL GANDHI as PM .. What really people want is 10 years GUJARAT MODEL is run its term we need YOGIJI MODEL and that is the change people are aspiring to .. Hence question of whether Congress will form government in center in the future ?. Most unlikely ..
Team Indian Express wonderful session, it would have been even better if you had a different anchor moderating the session. Frequent intrepution of flow of thoughts of both Ruchir and Mr Kamath. The anchor was the major draw down for me. Not able to frame meaningful questions and have a engaging conversation.
the anchor just doesn't learn
Terrible book title Indicates something s wrong with the concept of capit
Last year, 6000 HNI gave up Indian citizenship. What does this say?
Less ease of business... And socialist policies
During Manmohan Singh's decade, our SENSEX increased by fivefold, while Modani's decade saw it grow only 3.2fold. So who was better for our Stock Market investors?
In dollar terms there was no return during Dr Manmohan decade or inflation term there was no return. There was 13% inflation in that even if you grow 2% you get 15% growth. So idiot u should stop watching Dhruv Rathi and reading business standard.
@@pardeeptandon
Higher base effect. 2004 was at much smaller base
global boom in 2002 -2008 was so huge ,manmohan was riding a easy phase . He chucked after that
@@amnsia747: Excuses can always be found. During the last decade, the world and its brother followed the China plus one policy. Under this policy, Vietnam, Mexico, and even Bangladesh attracted many FIIs and have done well in economic terms. Moreover, Bangladesh's GDP per capita was 40 % less than India's, and today, it matches ours.
@@amnsia747: India overcomes Lehmen crises of 2008.
1:15:30 exactly 😂😂
The anchor showing is attitude before other leaders it's not good
E
O
Prasoon the bhakt.
O