First of all, let's see what Infuki has to say
"I want to say something positive, I think it's going in the right direction that I think, and the more work I do on this, the more convinced I am that this is probably the biggest investment opportunity of the decade, and I'm talking about India now, and that's where you can't help but laugh!"
"The reason I say that is because I once mentioned to somebody that I was working on investments in and around India and his comment was: 'yes! that's an old joke, India has been thought to dominate the world for the last 100 years, right? ”
"But in theory, India is simply amazing, I mean, you have a country of 1.4 billion people, half of whom are under the age of 30, and that country has that demographic profile? And then, they're digitizing the economy, mobile phone usage is skyrocketing, e-commerce is skyrocketing, they're leapfrogging in five years the technological development that we took 50 years to complete, and I'm really curious, how do you see India today in terms of geopolitics from a global perspective? ”
How did Inhei refute it
Inhei retorted, "Everything that has happened in the last few years has made me stop laughing easily, because laughing can get into trouble," (you're laughing at India, you haven't stopped!)
"First of all, there's a lot of bad things going on in the world, and there's a lot of good things going on, and if anybody wants to explore, you know, beyond the front page or anything else that's going on on the front page, India is not among them, and again, I think India is one of those countries, it has a lot of potential, but it hasn't been realized, I don't think Dagar really said that, but Dagar has reported that Brazil is the 'country of the future' and always will be"
"I think all these countries have their own little maxims, and in the case of India, I'm paradoxical to tell you the truth, when I do the demo, I have my map of the multipolar world, I divide the world into different blocks and different domains, I usually throw India into a bag of mixed power, I can't be sure if India is about to take over the whole world, or if it's about to collapse. ”
"You're right, there is no country with the same demographics as India, as my business partner Rod does Larity likes to say, quantity is a quality in itself, and all the things that I might have mentioned about India, 1.4 billion people are like checks, almost auto-generated checks, and I would say that there are countries like Brazil, like Indonesia, even more so Indonesia, if we're talking about exact demographics, and those characteristics are similar, yes, maybe only 300 million or 400 million people, but maybe that's not the problem. ”
"And I'm really going to start with two questions about India, to question your optimism, because the optimism does exist, and it's clear in some ways, first of all, there are 1.4 billion people who are extremely poor, and India's GDP per capita is about the same level as hell, and we're talking about a country that is extremely poor, a country that has been extremely poor for a long time, but if you're thinking maybe India will be the next China, then there's room for growth, that's not a problem, the problem is that India hasn't been the next China yet, and never will。 ”
"The second question for India is, you know, China, South Korea, Japan, In the past, those Asian tigers and other countries were able to modernize and industrialize at a very rapid pace, and they were all done in the context of globalization, first, globalization as a force began to fade, and second, India's self-proclaimed strategic goal was not to be part of globalization, not to become the next China, Modi's goal from the beginning was to be self-reliant, and to make India self-reliant on its own, and they were talking about building their own semiconductor industry, and all these other things. ”
"What has made China and the other Asian Tigers rise is the firm implementation of the rule of law, and the actual efficiency that the government has shown in terms of disseminating technology and things like that, for better or worse, and India doesn't, India is a billion democracy, it's one of the countries with the largest Muslim population, even though they're a minority, they speak more than 50 different languages, and before Modi, there's a lot of different practices that exist wherever you go into that region, and now he's coordinated a part, and you put all of that together, and if it were India, it wouldn't be like the other Asian Tigers, and it's going to have to be more piecemeal。 ”
When looking at India from an investment point of view, I usually recommend staying away from the index because I don't think India as a whole is going to move in one direction or another, I think some part of the Indian economy, whether it's e-commerce or some other thing, you're absolutely right, it's a gold mine, 1.4 billion people waiting to be tapped, and the rest of the economy looks like a complete disaster, even with Modi and his prestige, he does things that make things easy, it just doesn't work, look at the farmers' protests! They've blocked every single one of Modi's agrarian reforms, and I think one of the reasons India hasn't been so much in the global media is that it's so complicated, you can't just put it on the front page and say India is terrible or India is great, India has all these things, it's so big, so I'm for you and against you at the same time, what about this non-answer?
Infuki's rebuttal
Inchoki first retorted that India is too complicated, saying: "I think it's fair, it's not a monolithic country, India is the largest democracy, it's fair between states, there are a lot of auxiliary and nuances there, there are a few things I think they might be right! Although, they don't rely heavily on imports or exports, so they're kind of dodging this crisis of global disintegration right now, so Modi might have a good time, Modi is one of the most popular politicians in the world, and that's amazing!"
"When you think about the multi-level world that we live in, I put India in the middle, as if they were the middlemen, they will be able to deal with both the East and the West, and I think they are one of the few big countries that can bet on both sides relatively successfully, and remain neutral, and again, I think it's a huge opportunity for India, like now India is investing in infrastructure, you know, they're focused on the internal growth of domestic GDP. ”
Inhei's rebuttal
"I mean, because of their location, they have a lot of infrastructure to invest in, I mean, they're dependent on energy imports, so energy is going to be a real problem for them, and they say, they're expanding all these renewables, and other capabilities, and that's going to be their Achilles' heel," he said. ”
"I do think from a macro perspective, witnessing the Middle East from a top supplier in the US and European markets to now a supplier to India and China, looking at that shift in real time, in some ways, this is the least reported macroeconomic shift, the geopolitical shift that is happening, which makes India have to be a much stronger country because they're going to have to deploy a navy to make sure they have access to energy. ”
"Their agricultural complex is also quite interesting, people talk about it all the time like they talk about China, you know, India can't produce enough food for itself, but in that sense, India is really affected by climate change because it's all about the monsoon cycle, so they're going to have a couple of years where they're not only self-sufficient, they're going to be able to export, and they're going to put price pressure on American farmers and everybody else, and then they're going to have a couple of years, they're in one of those stages of decline right now, and there's a desperate need for food imports, and if they don't have access to imported food, you're going to see food prices go up, There were even situations like hunger and famine. ”
"As far as industry is concerned, you're right, they're a middleman, let's say, when China and India start squabbling over conflicting border agreements, and India or China decides to close the border for a couple of weeks, all those intermediate commodity supply chains go down, and then, all the goods that rely on gadgets, gadgets, and switches, and the U.S. tech companies that cross those borders start to go crazy because they realize how integrated all this trade is, and why they're not competitive in terms of exports, or why they're not as dependent on exports as China is, it's because they're not as competitive as China, and they've never been like that, after all, so much mess of red tape and other things. ”
"I also think, you know you're positioning India as an intermediary, you're right, they have a history of non-alignment, but that's going to be a very difficult needle for Modi to go through, because he's somehow polished the relationship with the United States, so to speak, the relationship between India and the United States is better than at any time in history, and now the India-China relationship is not particularly good, and they haven't solved their own problems, so maybe India can play that role, but I think countries like Turkey, Indonesia and Brazil, actually play a slightly better role in this, partly because they're smaller, and Modi, plays India's own roleNot for anyone to be an intermediary, but for India itself, which will have an important place in the political arena, may or may not have, but the irony is that the more successful India is, the more difficult it will be to deal with the different forces, and the more likely it will be forced to take sides, or go it alone. ”
Let's take a look at the wonderful comments of netizen J
In the editor's opinion, India always feels that it can dance between various forces in the world, but it does not know that it requires its own strength and excellent political vision; When the United States and the Soviet Union were vying for hegemony, China did not take advantage of both sides, and it also pressed on the other! I wonder why India thinks that it can bet on both sides?