Why is US a Bubble? Japan, Asian Economies were a Bubble Too. Where Does India Stand here?
Short from episode 9 of the NRI Money podcast! In this episode, Ritesh Jain dives into a compelling discussion on why India has all the necessary characteristics of forming a bubble. He presents the argument that bubbles are not necessarily a bad thing and can bring about significant economic growth and opportunities.
Ritesh begins by reviewing various bubbles from the past few years, offering valuable insights into their formation and impact. He then shifts focus to the shifting dynamics of the global economy, highlighting how BRICS nations are steadily taking over the share of world GDP and trade from the G7 nations. With BRICS expanding, this shift is even more pronounced.
In a world marked by political instability, Ritesh emphasizes India’s unique position with policy continuity and a stable government. He convincingly argues that these factors will attract global investments, leading to a substantial inflow of money into India.
Tune in to understand why Ritesh Jain believes India is on the cusp of a significant economic transformation and how you can potentially benefit from these changes.
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Useful Links:
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Ritesh’s LinkedIn: https://www.linkedin.com/in/riteshmjain/
NRIZEN Instagram – https://www.instagram.com/_nrizen
This podcast is produced by Sachin Mandot – https://www.linkedin.com/in/sachinmandot/
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Stay tuned and keep empowering your financial journey as an NRI!
5 Comments
BS
Grossly incorrect. US gdp is roughly 25% of global gdp and US capital markets are roughly 42% of global capital markets. Nothing near to what is mentioned in the video
I don't know where he got these figures !
Us is around 42% of total world market cap and not 70% I would have appreciated it if it was fact checked ! And USD GDP is 26% and markets are forward looking 2x GDP seems reasonable valuation….
My bad I should have mentioned 70% of global developed market market cap
As per FT
“US equities, led by ‘Magnificent Seven’, now account for more than 70% of global developed markets”
Japan didn’t have US’s military power to dictate the world