Why is India's Economy RISING, but the world economy FALLING? (REAL REASONS) | Akshat Shrivastava
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- čas přidán 16. 07. 2024
- My stock market course (comes with 1 year community access), here:
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►I talk about in depth macroeconomics correlated to stock market movement on CZcams member community here: / @akshatzayn
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Germany is in recession, but India is not.
Is it time for India to shine?
Will India finally be recognised as a 'Developed Economy'?
Watch this video till the end to find the answers :)
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wisdomhatch.com/stock-market/
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Hi can you explain why is there such a huge Per Capita GDP gap between US (NO 1. Economy) & China (NO.2 Economy) of the world...
You were good to start with ...but alas the movement you harped up on Per Capita GDP without delving into the reasons why US & European countries have such high per capita GDP...you mask just fell off...
@Akshat Shrivastava sir my question is, has anyone ever called you a genius ?...i must say what a video it is...... complete package to understand the GDP, growth.... Big fan sir....
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The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
An obvious way to lnvest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisr is important in making this decisions
@Kang Minsu I wholeheartedly concur, i have thought of engaging with an lnvestment coach, but don't really know how get one.
@Kang Minsu I looked up Viviana Marisa Coelho online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-markt
For the first time in decades, america is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
@@MiguelLopes-fi6fz wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
@@MiguelLopes-fi6fz Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.
It is thanking PM Modi ji that India is doing so great, but most of all it is thanking sir Putin ji, who selling to India very good price oil. West is foolish for not buying Russia oil but India is smart and is why we supporting very much the great and right war crimings of Putin sahib! Jai shree Putin!!!
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@hushbash2989 You can employ another adviser, but ELEANOR ANNETTE ECKHAUS is my one who provides guidance. She has years of knowledge in the financial markets, and her approach has worked for me in the past, leading to my success. She offers points of entrance and exit for the securities I prioritize.
@@africanboi4542 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this a look up, lucky i stumbled on this thread..
Go away crypto bot.
20:23 here India is 66th rank in terms of alphabet order not in terms of income inequality.
Thank you sir for this type of knowledgeable videos 😊
Then what is India rank in terms of Income inequality?
wow, great finding. Even Akshat can make mistake sometimes.
@R M akshat makes lot of mistakes, more deliberately 😊
Great observation!
Good Observation
He very carefully avoided that how GDP per capita is calculated and showed the chart of countries with high GDP per capita ( in the chart of top 10 biggest economies GDP nominal ) , even China won’t reach that place even in next 25 years even if they continuously grow for 3-5% ( which could be their mid to long term potential )
yeah also in my view per capita should also not be the indicator for a so called developed country , cuz of various factors like our people can buy more stuffs in a dollar than this germany uk usa... and another one for me is USA with 70000 per capita vs 17-18k of china , china looks fairly developed country too me like cities , expressways , bullet trains...
@@jamoon9341 ppp per capita is a better measure
A better indicator would be per capita income adjusted by purchasing power parity.
@@ayushnayak4060 exactly PPP is a much better indicator
@@jamoon9341 bullet train is useless. Airports are 100 times better than bullet train. And hence all developed countries scrapped bullet train projects. Even when china, Japan made bullet train that was cost of infrastructure was cheaper. Now it's costly. Bt dumb countries like India investing on bullet train meanwhile neglecting normals locals and express trains. Despite many accidents happened
Knowledge is wealth.
This clears a lot of misunderstandings and anxiety about the future of our next generation.
Thanks Akshat.
Hi akshat, krishna here, am 28 ,working ,married family man..yea we are learning from you getting our financial decision on your guided path ,we as family started growing in terms of real growth... thanks a lot...deep respect for your work. .and expect more knowledge..
now i get to know how marketing works and all that media houses are making us more and more dumb thanks akshat sir for such an eye opening video❤
It's called manipulating people not eye opening
😂social media manipulation is true our whole media + our social media influencers are faking the hype about india and our country going to become super power for views and TRP's
Germany's gdp-4.26 trillion dollars with 8.32 cr population
Japan's gdp- 4.5 trillion dollars with 12.5 cr population
But india's gdp is 3.2 trillion dollars with 140 cr population 😂
The science of Rhetoric is so interesting, Anyone can show stats and cherry-pick facts according to their bias. Many channels and CZcamsrs including him do this , nothing new here.
@@gautam6405 exactly...everyone is biased towards his own inclination.
Freebies 🎉
Change in fuel prices from 2020 to 2023 is very different in India and Germany, that is one reason why change in inflation is so high in Germany compared to India.
not only fuel bro, fuel energy and food all three plus euro took more hit from war than rupee, don't look at currency exchange rate because that can be stabilised by central bank but look at iphone price in 2020 in usa and europe almost same now european pays 200 euro more despite euro stay around dollar only.
@@Yazzpatel56
End of Europe has arrived... after Ukraine, Russia will invade Latvia Lithuania Estonia and poland... Russia will make sure that Norway don't supply energy to Europe and so is gulf by proxy warfare...
@@Yazzpatel56 it is like India benefits from war while other countries are affected because of war .
Really very informative video. Better than any tv panel discussion about economics.
Wake up.. Dont be in trap
Awesomely explained.. it was so easy for me to understand. Loved it!
I love your content sir. I want you to keep giving such unbiased reviews and feedbacks on finances. Keep doing the great work sir.
Bro London me Ashirwad aata ke rate double ho gye hain last 6 months me. December me £11 ka 10kg aaya tha abhi £19.99 ka 10kg aa rha hai. Almost 10-30% increase in other things as well. But now things like milk prices has started dropping.
Aashirvad aata, in London???
@@madakkuni Yes, you can find around 10 Indian Aata brands in Quality Food store.
Even in Australia
Not just Atta
All local sourced things like milk fruit and vegetables prices doubled from pre covid to post covid. And now it is new normal.
We used have Pillsbury Gold Atta at Price of 11 Au$ now it is almost touching 30$
Also forgot about rent, it is almost 50% up in last 6-7 months.
Good insights into the basics of economics .. and the numbers projected on the base considered..
Best summary video so far covering almost every basic economy jargans..
Very nice video. Clear explanation of the frequently used economic terms. Thank you
Thank you Akshat for teaching us such important economic concepts in such an easy to understand l language.😊
Keep up the good work.❤👍🏼
Love these videos!❤ Thanks for explaining the concepts in such simple and easy to digest way especially for someone like me who hasn’t had a chance to be exposed to a lot of economics. Would love to see more 🙂
Hello Akshat, the content you explain is just amazing and useful. Also, it's not just the content, but the examples you give to make things simple that make the conversation so good. Many times, I feel like I am talking, live, to you when you are explaining stuff. Keep doing what you are doing, it spreads awareness. Kudos!
Great insights. And as usual thoughtful.
all questions running in my mind for a long time on this country comparison of GDP etc etc.. is answered in such short video, thanks a lot.
Excellent for people like me. Thank you. Keep on similar videos on political economy.
wow thanks for the details you give about inflation in Germany vs India.
This video clears many doubts regarding our economy. I thanks AkS to bring truth to all viewer of his channel. Keep up the good work.
It is thanking PM Modi ji that India is doing so great, but most of all it is thanking sir Putin ji, who selling to India very good price oil. West is foolish for not buying Russia oil but India is smart and is why we supporting very much the great and right war crimings of Putin sahib! Jai shree Putin!!!
It feel so good to learn something very complicated, so easily.
Yet another excellent educative video. 👏
I think that for Germany, usa and all , rent is an extremely important factor, as it is somewhat societial- people should leave houses by 18. In India, rent is temporary, and people buy real estate more than stocks- although times are changing.
Amazing content. Keep doing whatever you're doing Akshat. :-)
Thanks for very informative videos akshat!❤
Very lucid explanation, being from an economics background, I still learned something new and thats how it should be.
Very well done!
Hi Askhat I am seeing your vedio since 2 years and I like u macro investing
Fisical defict will be expenditure - Income
Very good content , thank you very much for educating us
Very nice explained depending upon detta base with all Loopholes thanks 🙏
Wouldn't it be more better if RBI replaces CPI data with GDP Deflator in order to move repo rates and it can also be taken to measure the inflation more accurately.
i really appreciate the way you explains
Thank you sir for this video
The GDP of Germany is still higher than India and per capita income is like 10x of India. Don't compare these two nations. One is a developed country and the other is a developing one.
good point. I dont get into complex numbers, just compare living standards. Look at Germany and Us, that answers it all. Look at our trains, avg hotels, buses, traffic, infra, peoples hygiene standards, pollution, , govt hospitals, everything is a mess.
@@surajkumar-tq6ve exactly my point. Being at the top in few lists is not the answer. Overall development is required. Mainly to have in new age basic necessities
140 crores se jyada abadi hai aur Government ke kisi bhi step ka road pe nikalke oppose karna, even opposition parties ka sansad bhawan inogration ka virodh karna, sarkar badalte hai priorities badalna, kshetriy vanshawadi parties ki sahay se Government banna fir apne apne labh ke liye kam karna aur sarkare girana yahi sab hota raha tha/hai.
Full majority ke sath stable Government rahegi kisi bhi parties ki to hi growth hoga aur free bees and faltu subsidy band karke kam karne layak praja taiyar karna jaruri hai. Sabko white color job chahiye, reservation, subsidy, sanman nidhi chahiye to ho chuka kam.
Jinka haq hai unhi ko mile, mai mere layak kar lunga, kam karunga, dusro ko help karunga, ye bhavna honi chahiye.
@@surajkumar-tq6ve super
@@nice2play592 👍
dude....i have never seen sooooo much conceptual clarity frm any utuber till date...........ur content sud go viral.........thank u soo much buddy!!!GOD bless!!!!!
Thanks for the wisdom
Thanks it was very informative.
Excellent video and so simply explained thanks Akshat
When you are comparing Germany & India, why is it that you've shown Germany's Fiscal Deficit chart from 2000 to 2020 but India's Fiscal Deficit from 2014 to 2022. We would have liked to see what was it from 2000. Now, even Chidambaram picked the only one good thing this govt is doing is managing it's Fiscal Deficit.
Wow Wonderful insights !! Awesome explanation !!
Akshat there is correction.
GVA is total value of goods and services produces in country.
GDP is total value of goods and services consumed by country.
To make it easier to understand GVA is produced and GDP is consumed.
GDP indicates power of market / buyers in India and GVA indicates power of industries / producers in India.
Superb video man. Definately helped me gain a new perspective.
Excellent food for thought.
Thank you Akshat
thank you for sharing the info
I had a question.. isn't fiscal deficit good for a emerging economy? We need to spend money on development of infrastructure only then can we attain better growth in terms of GDP in the future compared to say Germany
Well explained eye opener👍🏽
Thank you Akshat. I learnt a lot of new things in this video
Akshat you are the best ❤ And I aspire to be like you! Thanks a lot for these videos !
Where to get special coupon for wisdome hatch course?
Thanks for the information, I have a doubt. FD = I - E, I got the part when increasing E will increase GDP but didn't get the borrowing money part. Possible to clarify ?
Nice and simple way to explain.
Hey there's a misunderstood point at 14.58
I do understand that CPI weightages are not perfect for most of us here. But one needs to acknowledge that there are 3 CPI baskets i.e. rural, urban and combined. The cities which u mentioned definitely fall under 'urban' category and for that the weightage for housing is 21.67% which is definitely fair enough.
Why isn't it proportional to the actual median expenditure on all these things of a region?
This is...not that difficult to do.
Such an importnat video. thanks Akshat
Hey Akshat, thank you for this insightful video, your work is truly appreciated. I believe there might be a slight mix-up at the 20:15 mark regarding the income inequality table. It seems the countries are arranged alphabetically, not by ranking. This could be a small oversight by the team while processing the data. Germany and India would indeed occupy different positions when sorted by inequality index. Thanks again for your commitment to producing these informative videos.
Yes it seems like in albhabetical order, good observation
Good catch. I think he has also mixed up a bit on the pie chart of India CPI. Nevertheless , excellent video.
@@mumbaiverve2307 I'd love to know more
There is a Big Difference between economic growth which is measured by indices like GDP,per capita and Economic development which is measured by indices such as ,literacy rate, Human development index,years, enrollment and quality of education, overall living condition etc ...
India performed well in terms of 'economic growth ' but lacks development .
To attained develop status exponential improvement in economic development is required.
Despite the lack of economic development india cannot be underestimated as stated by contemporary Economist, Charles Rowland i quote ' India's strong and resilient purchasing power and productive population India can rise above most of European countries, assuming it evolve to service base economy '...
Veey nice simplified economic lesson...thanks Akshat bhai...
manipulation hai nothing simplified
Hi Akshat, your videos are really informative, and the way you explain is fab.
How can I join your member community? Can you please share the link.
brother, i love these kind of rational video, keep doing it
@akshat I would like to request you to please make a video on ForexTrading as I do need to understand weather it’s beneficial in Longer run or not if someone is working in a disciplined way towards his goals
Good Unbiased summation of the topics ..
Hello Akshat sir
Really misses you past a month because I stopped watching CZcams for my jee advanced preparation ❤❤
You might not know how addictive your videos for me
I recently watched you youngsters getting dumb video it was so good and honest because many people promote those things which they don't even use much for themselves just for some little money promoting only one side of equation for bnpl and such other thing
Thank you for being honest ❤❤
Thanks a lot for your honest and detailed explanation of Unique Businesses Akshat brother ,
I have one doubt whether Alkyl Amines Company has fair valuation at today's market price or should I wait for better entry point to buy?
Watching you video I fell like a college student. Thanks a lot for creating such type of detail macro video.
Hi Akshay, while showing the German Govt. budget you showed from year 2000 to 2022, for the India you showed from 2014 , is there any reason for that?
One of the best videos about economics. Thanks akshat.
Super Video Akshat.. very very informative.. 👏
Very nicely explained, especially for non economic background people like me.
Thanks a lot for the video
Great session Akshat ji!
14:00 You mentioned that housing is assigned 10% and food is assigned 42%, but the pie chart shows 42% fpr housing and 15% for food. Moreover, the pie chart for Germany presented later looks exactly the same. Am I missing something?
Basic flaw in your analogy is, you calculated only inflation. The basket price what was in 2020 was definitely cheaper but again you have to take salary hike % into the consideration in last 3 years
Wonderful! You made my interest towards Economics much more. I will now getting interest to study Economics as subject.
At 9:00 - 10:30 sir you said that germany is decreasing fiscal deficit isn't this because germany is already developed while india is developing.
And doesn't all developing countries have fiscal deficit? (except ones with oil)
one of the most finest people who always clears all the complex doubts about the world's economic so easily.
Bold but eye opening statement bhai…kudos. ❤❤
ghanta half things are falsely represented
@@Yazzpatel56 then why u replying these things to me
you need to watch amit sengupta ... akshat is also a left leaning ..
@@pratapgaikwad9165 because ur eyes are closed amd not open
U people thinks that u can learn and understand economics by watching few videoes 😂
Economics is game of mind , else every country will become rich if economics is that easy !!
@@rohit-ru5nm keep ur opinion to urself...dont preach them to others...and dont reply now...
One of the best video which explained basic economic better.
What about the unorganized sector, that data is unavailable but it was assumed to grow at the same rate as the organized sector, which is highly improbable. In reality, MSME or unorganized sector has taken a substantial hit.
THAT INCOME INEQUALITY CHART IS ACTUALLY ARRANGED IN ALPHABETICAL ORDER, HENCE THE LEFT-MOST SERIAL NUMBERING DOESN'T REPRESENTS COUNTRY'S GLOBAL RANK IN INEQUALITY. Love your videos, sir. A lot to learn. Thank you. 20:15
Hahaha 😆😆🤭 even Akshat was fooled. He needs some rest. 😁
Hi @Akshat can you please post a short video following the same topic and shedding light on Macro-economics involved here. Thanks! 👏
Hi Akshat
In the CPI image housing is assigned 42% but u mentioned it as being only 10%. Am I missing something?
Very educational video.
As long as the definition is constant across years I think we can still make the comparison. Not sure how frequently the inflation baske changes.
India is progressing in an amazing way. I am following India very closely for last 10 years, it will be super power by 2030.
I failed to understand how increase in Fiscal Deficit is to increase GDP. Because increase in Fiscal Deficit is not good whereas increase in GDP is good. Where am I missing it. Can anyone let me know
Hi Akshat,
Thanks for the information.
Just a small quest ~ What are the sources of govt borrowing??
How are they increasing FD after 2019?
10:16 I slightly disagree on this point. If we take the data up to 2018 then the deficit seems to be decreasing and in a way excessive spending is being controlled. 2019 has a slight rise which i believe was due decrease in tax revenue in 2019. But then like you said later in the video, 2020 was an anomaly year and 2021 and 2022 were results of the covid impact where government had spend more to protect the economy and help the health sector. Hence we cant hold those datas to state that the deficit is increasint. So in a way even the Indian economy has been trying to decrease excessive spending. Though i do agree high constant negative deficit will always reflect in higher GDP growth
Yeah, and I am not that knowledgeable in economics but per capita income seems like a very inaccurate method to compare the countries, as to reach something like Germany 's per capita you would need around 75 trillion in gdp which is just ridiculous, if we take the difference in cost of living in the countries isn't gdp ppp a better guide for comparisons as it takes purchasing power parity into account?
Dear sir..
Very good information for new youngsters....
Thanks for your brutally honest effort, to educate us
Do you have some condoms?
loved d grin on ur face when u said "politicians r doing an amazing job".......lol!
Thanks.
Thank you ❤
Comapring recession of germany and growth of India is like comparing billioner losing few dollar millions and poor one get a salary increase.
If Congress Govt keeps giving free for all, then there is no Youth in the country go for job and earn money. So we will be in developing country ever. "Request to all - Please change the way you think and boost our country and develop your family health and wealth" Nothing but never stop learn and earn.
Akshat sir, if I understood correctly, higher fiscal deficit can increase GDP only if the method of calculation is expenditure, right? So do you mean India follows their GDP calculation in that method? Or am I wrong about that?
One of the main reasons for increase in inflation in Europe and developed economies is during covid developed economies distributed cash thus increased the supply of cash.however india distributed food which is less inflationary.
Why another important aspect of economies is debt.why it is not discussed? What the impact of high debt to tdp ratio impact an economy and it's gdp and inflation figures?
Excellent!!
Thanks Akshat