India vs. China vs. US: Who Wins the Next Decade? | WTF is Finance | Ep 1 ft. Ruchir Sharma

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WTF is Finance

Education


Ruchir Sharma thinks America’s peak is over. In this episode, I sat down with the author, investor and economist to discuss the forces shaping the world’s economy, where India fits in the new world order, and all things geopolitics.


Timestamps:

00:00 - Intro

2:45 - Early life & formative years

6:50 - What India can learn from Singapore & China’s models

11:33 - Premature welfare state: growth or mistake?

17:47 - Social mobility, elections & incumbency

27:06 - Does meritocracy create inequality?

31:29 - Why govt. bailouts hurt the private sector

33:50 - Regulation, crypto & blockchain

44:06 - Tariffs & free trade

49:12 - Affordable housing & property taxes

56:55 - Does India need a dogecoin?

1:02:00 - State vs. central govt. in India

1:09:07 - Putting corruption into perspective

1:15:03 - UBI & AI’s potential

1:25:37 - Interaction with Putin

1:32:35 - Journalism, free speech & media ethics

1:41:43 - Short selling: risks & rewards

1:43:47 - How Ruchir found his passion

1:53:26 - Validation & defining happiness

1:57:28 - FDI & how India can boost growth

2:06:44 - US: Superpower no more?

2:11:31 - Geopolitics: India, China & US

2:18:28 - American tech & patriotism

2:21:55 - Small cap boom & retail investors

2:30:56 - China today: politics & economics

2:37:26 - The thesis of American exceptionalism

2:40:28 - India’s 10 year playbook: wages vs. assets

2:48:35 - Private, public & emerging markets

2:52:48 - Tomorrow’s big trends


#NikhilKamath - Investor & Entrepreneur

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#RuchirSharma - Chairman of Rockefeller International and Founder and Chief Investment Officer of Breakout Capital

Website: https://ruchirsharma.com/