Election Chaos!
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India’s stock market took its worst tumble in four years after Indian Prime Minister Narendra Modi’s BJP lost its parliamentary majority in a surprise outcome.
This result means that Modi will need to rely on smaller parties to form a governing majority in the Lok Sabha, the lower house of India’s parliament, raising uncertainty about the Indian leader’s ability to pursue his pro-business agenda.
Surprise election results in Mexico and South Africa also shook markets over the last week. Should investors worry about the effect elections can have on markets?
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44 Comments
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88% 😂 Democratic South Africa, India and Brazil make for strange BRICS bedfellows with totalitarian Russia and China.
Wait, Mexico has stocks AND the rule of law?
it would help if you had non-homogenous Indian friends
I'm going to call him Rampanosa from now on.
Most unequal?
They obviously didnt anylise Ireland
Pretty sure stock markets are just mood rings for finance bros
Stock prices jumped after Trump’s felony conviction. It’ll be the same when he’s defeated at the ballot.
Mark Hamil begging u to vote biden in an ad before this vid was so cringey…
How many dead people or blank ballots will come In at 3am this year in the USA? When the rats forced poll workers to leave while they paused the count and then the rats instantly made their cartoonish comeback, what percentage of votes were demonrat? 88%? Higher, yet we laugh at Putin for getting 88%?
Cmon man
Thank you Patrick!!
It was pretty funny about Russia )))
That trading room is sexy, where is that?😊
Something funny is that the USA is loosing their minds because Claudia Sheinbaum has Jew ascendance and is probably Jew too
While here it wasn't even a total non issue for most sane people
So what you're saying is the educated urbans have voting dominance in India, which is why Modi is a clear winner, while the educated urbans in America can barely keep Biden in power while the fly over states Bharats have more power to vote Trump in the back into the office. I wonder why the rural uneducated in America wield so much influence compared to in India.
“2024 is a big year for elections with half the globe going through them”
*laughs in China*
Putin won? SPOILER ALERT!!!
Hi dude. Have you tried a Gujarati Thali. Its a fantastic nourishing and tasty dish…
what is Modi's free grain if not populism?
all that talk and no mention of Modhi strong ties to WEF?
We need Pakistan election 2024 documentry
Your voice sucks
the DA is not a predominantly white part. Most of their voters are black. But most whites vore for it.
Terrible show….no understanding at all of how much stronger China's economic future is than India's for the next century
I like our insight thx Mac.
Patrick Boyle can definitely win the seat from Ayodhya ❤
These elections would have been less whack if we had an phone app to buy bananas on
You are entirely wrong about reduced majority of BJP in north India. I am from here and wrong candidate selection plus fear mongering from the opposition along with cash handouts led to reduced seats. make sure you find correct analysts about India
there were no election in pakistan, it was a selection of retards by the amrika and military alliance,
Why the title says chaos? Clickbait? It was super well organised, they were fair and transparent. It is a great achievement to conduct voting for the population of 1.4 billion. But you call it chaos? So that people who already believe everything in India is chaos will click! No?
Yeah, those poor Indian farmers dont even benefit from the investment funds set up as part of soft power projection by the Uk govt. and designed to uplift the rural poor (something the indians should do themselves instead of launching objects to crash on the moon?!) The bank for poor farmers has been a source of low interest loans for India's wealthiest businessmen.
"A competition for votes among the elites" – India's Democracy.
It's a bit strange to think that the market fell in India because of fears a coalition government with a reduced result will have difficulties passing reforms when in fact what fell were shares of companies that win government contracts because of their support of Modi.
blink if you're not an alien
Hey Patrik, can you say "No one cared who i was until i put on the mask" and "crashing this plane" pleaseee.
If voting worked they wouldn't let us do it
Will it matter when AI take over. How grown?
Bullshit. India has a very corrupt administration and they still shit in the streets. They are backward.
Here come the triggered unemployed Indians
Too bad your friends neglected to teach you how Bharat is pronounced. They really owe you one.
Modi is good internationally if he can get manufacturing into India. The reason is geopolitical. There is a reason that a Hong Kong Trader was arrested for manipulation in India's stock market. There is a lot of money and when this election ends, the money supply will increase and we will likely see money move into stocks and speculative assets. China and India are geopolitical rivals and internationally if they compete economically this would create tensions but weaken the dominance of China in Manufacturing. China started trying to take military manufacturing which is a major no no for any rising power. It almost always leads to war when they have excess weapons and a weakening economy. Hence why they want Taiwan to be more controlled.
India actually had higher growth under the UPA terms and corruption scandals have plagued Modi's party as well. Its just that the conversation has been shifted to communal rhetoric and scam stories die quickly.
What a plonker, try talking about something interesting.
37 assassinations before mexico selections, ps a )3wish woman wins