Hello Many Indians are in top level positions in almost 85% of Industries in America that proves how much Indians contributing the economic growth of your country. Chinese are not doing this so we deserve to be respected as much we are giving respect to you Americans and your Country.
Sad but true. This video is 11 years old. I was born in USA and currently reside here, unfortunately. What I am always amazed about how the USA doesn't implode everyday. Of course, I hear more massive problems in China and India. Not sure who to belief.
This gentleman is not happy that India and China are going to be the next rising powers. Sir ! get your act together and work hard like rest of the world does. Not live on Social security and causing wars to other nations.
This gentleman is more concerned about his standard of living going down because of other nations gaining a better standard of living. Isnt this typical ????
India takes bold decisions, fantastic to restore classy jobs and kick start Economic growth opportunities. We pwoned that worlds best place, we are world 2nd now- India.
Is the gentleman hinting that America should be shitless at the moment because some 'weaker' nation is going to gain more power over the world's affairs? I believe that if India indeed gets to have a bigger say on world matters in the years to come, the world would be a safer and more peaceful place to live in. India in her 10,000 years of existence has never invaded any country! USA in her 250 odd years of Independence has been at war for more than 215 years!
@Finn Hansen , India as a true peacefull country only retaliated to terrorist attacks on civilians of kashmir with its war against Pak. The same with Srilanka,sent army to Srilanka,but never invaded any country.
Well there r dozns of ppl in India who work on SAP , Oracle , MicroSoft .. I can go on .. I have lived and worked in US and worked on a buldge bracket on wall street , i really doubt a software program can ace me in apptitude .. btw I have a a 99% GMAT score .. and my view of Americans is based on my stay in NYC and during my studies in Cambridge ...
@Desishikamaru ..do you think it would be possible "to bulloze entire areas in India to build something like "mega cities in India" given that such "chinese style developments and those of UEA developments" are really necessary in coming decades? ( I personally think NOT..as "there's lack of collective willpower in India to do such things".)
There are a few issues with what he is saying here: 1. To make money in China (PRC) is not the same as developed Western Countries. The PRC (unlike many of these western nations) has substantial restrictions on foreign investment and many regulations that follow what's allowed. Additionally, long ago when Japan and other nations went through this same scenario, the same was said 'Japan will pass the US and be the biggest'. Doesn't always happen that way. 2. Middle class means what in PRC?
@svadwalas true to a certain point ..... but you must also have figured out by now that most Indians prefer their higher education at the Harvards, MITs, Stanfords,,, etc !!! only difference is that they'll have to pay more since its the western world but with rising income, they could most probably afford it !!!
@warriorprince1010 10% is used loosely here ...not as an real figure/average for the entire bric nations...but to drive the point what many marketing/media persons use for an headline.
@SuperDesi45 what ?? i thought for last 3 years,,its India which becames the largest employment rates in world with largest job oppertunities more than China
I'm Indian and i think people shouldn't bother predicting Economics beyond 5 years. Economics is never the same, Change happens every day in the Stock Markets and you never know what Nation and Companies or Small Businesses emerge to outcompete India or China. Include Politics, Wars, Chaos, Innovations, Future Discoveries in the Equation and all these totally change the definition of "Economic Advantage". I hate it when people think along economics in a very linear fashion.
All this "rise of indian and chinese middle class is fine" but-at the end of the day-people around the world still need to eat,and drink-so just pushing "careers focused on technologies" will end up creating shortage of farmers which will have cascading effect on food production.Now ofcourse- companies like Goldman and "the west" have very interest go help grow "indian and chinese consumption markets" for their economic well being as well.
Hahaha...While I was watching this my Thai wife commented that this guy looks like King Kong when he speaks! I burst out laughing when I realized she was actually correct and being perfectly honest. Thai's are a bit crazy. They call 'um like they see 'um.
Quality of consumption means much more than quantity. North Korea has the fourth largest army in the world, yet would get obliterated by much smaller armies with superior war technology (or tactics)...going by "per capita" scales it. Something that the United States actually isn't the first in for weath.....My original point stands as comparison isn't quite as easy as most people think...
all who hated high population, now wish, they have good population in their countries. India and China have always had high GDP, even several centuries ago.
@SocialistJustice I realize poverty is not a competition but to state the fact poverty levels in USA is nothing compared to that in India or China or the third world countries.
U know it's funny when u say us to be the 3rd world country where does the bench mark come in ? There is poverty in every country so what r u guys doing about that? Even if u feed the poor or the malnourished they r still poor u guys have been giving aid to Africa for donkeys years why haven't they developed as a country so there is no such thing of tackling the issue of poverty it has existed in the past and will do so in future that should not stop countries from developing
@XXXFreeSpirit Not even. 2025 it will be different its not just those 2 look at Southeast Asia. They formed the ASEAN union the most succesful non western union actually the only succesful union the EU was a failure. I say 2025 cause Vietnam is projected to be the 17th largest economy and Vietnams growth is nowhere near that of China or India. I live in Japan and Vietnam and I gotta tell ya the growth here is staggering new buildings, malls,bars, roads. I can only imagine whats goin on in China
The same thing can be said about religion. Triple a religion over any other every year and see who becomes the dominant in every country. Why do you think they try to get into the heads of the chinese when they had no real religion other than the monks in the mountains for centuries, because it's big business......
if you preach free market and practice socialism, US will be the only loser, since there are other continents with huge market and natural resources, ready to be explored,. As the speaker says, it is not a question of if any more but when India and China surpass US GDP
The truth is India, is growing at a good rate, a part of it at least. There are still a lot of issues we need to deal with. Yes certain things we are doing have yielded great success but most have failed. To be frank we are 20 years behind China and easily 50+ years behind US. But the good news is the rate at which we are bridging the gap is phenomenal. If you take the current scenario India is still a shit place to live in.
+Abhilash Naidu In India, 44% of those under 3 suffer from malnutrition, as opposed to an average of 25% for sub-Saharan Africa. India has the most malnourished people on Earth, and malnutrition and starvation in India is twice as bad as in Africa.
+madmarvin99 what i think is malnutrition has a lot to do is with dietary habits,almost all poor people's diet in India is carbohydrates and little else, hence we get a lot of people who have never gone hungry but still don't get the required nutrients. Don't believe me, go check out UNDPs reports on India's Midday Meal Scheme which gets published every year.
That's where the young people come in.. India has many problems.. The biggest one being corruption which also gives way to inefficiency.. Now india also has a youth bulge in its population which time and time again leads to revolution or major change in the society as history has shown us (most recently the Arab Spring).. So if the youth isn't satisfied, which it won't be, with the system.. Major changes are inevitable.. So the fate of India will be determined by her youth.
Shithead! India is a great place for foreigners to visit. Europeans can enjoy in India 5star luxury in less than 10 percent of money they need to spend in Europe for the same.
I am from India and I see no innovation here,people just work hard. India can never beat USA for atleast 70 or 80 years. The sun never sets in USA. But India can grow at a good rate for few decades and poverty and underemployment may come down. But its impossible for India to catch up with the per capita income of USA in near future.
Hello Many Indians are in top level positions in almost 85% of Industries in America that proves how much Indians contributing the economic growth of your country. Chinese are not doing this so we deserve to be respected as much we are giving respect to you Americans and your Country.
Cause indian contribute it cause india doesnt invest in its own people. Simple
Sad but true. This video is 11 years old. I was born in USA and currently reside here, unfortunately. What I am always amazed about how the USA doesn't implode everyday. Of course, I hear more massive problems in China and India. Not sure who to belief.
@THE ZOLDICS the problem is some of the company are lobbying on India. But still not many came back home to India
This gentleman is not happy that India and China are going to be the next rising powers. Sir ! get your act together and work hard like rest of the world does. Not live on Social security and causing wars to other nations.
I was planning on applying to McCombs soon. After watching this professor ‘teach’, I think I should reevaluate my decisions...😬
8:11 this is exactly what you are doing!!!
Literally building a wall!!
I wish people in 2010 could read this comment!!😂😂😂😂😂😂
Uro
0
Ottoجوفل
This gentleman is more concerned about his standard of living going down because of other nations gaining a better standard of living. Isnt this typical ????
China and india are already the largest and the third largest economy of by gdp ppp
India takes bold decisions, fantastic to restore classy jobs and kick start Economic growth opportunities. We pwoned that worlds best place, we are world 2nd now- India.
I respect chinese people and luv them despite we have dispute with them, only thing i hate about them is their govt.
Is the gentleman hinting that America should be shitless at the moment because some 'weaker' nation is going to gain more power over the world's affairs? I believe that if India indeed gets to have a bigger say on world matters in the years to come, the world would be a safer and more peaceful place to live in. India in her 10,000 years of existence has never invaded any country! USA in her 250 odd years of Independence has been at war for more than 215 years!
@Finn Hansen ,
India as a true peacefull country only retaliated to terrorist attacks on civilians of kashmir with its war against Pak.
The same with Srilanka,sent army to Srilanka,but never invaded any country.
Prof pack your bags to move to India.
The US middle class is shrinking.Elijah Muhammad predicted this in his book(The Fall of America).
Let us know we will take your degree back
Very interesting video
India is now the 3rd largest economy ppp by quite a margin
Now, in 2018, the US has not learned that lesson . They're building that wall now..
Well there r dozns of ppl in India who work on SAP , Oracle , MicroSoft .. I can go on .. I have lived and worked in US and worked on a buldge bracket on wall street , i really doubt a software program can ace me in apptitude .. btw I have a a 99% GMAT score .. and my view of Americans is based on my stay in NYC and during my studies in Cambridge ...
@Desishikamaru ..do you think it would be possible "to bulloze entire areas in India to build something like "mega cities in India" given that such "chinese style developments and those of UEA developments" are really necessary in coming decades? ( I personally think NOT..as "there's lack of collective willpower in India to do such things".)
There are a few issues with what he is saying here:
1. To make money in China (PRC) is not the same as developed Western Countries. The PRC (unlike many of these western nations) has substantial restrictions on foreign investment and many regulations that follow what's allowed. Additionally, long ago when Japan and other nations went through this same scenario, the same was said 'Japan will pass the US and be the biggest'. Doesn't always happen that way.
2. Middle class means what in PRC?
@svadwalas true to a certain point ..... but you must also have figured out by now that most Indians prefer their higher education at the Harvards, MITs, Stanfords,,, etc !!! only difference is that they'll have to pay more since its the western world but with rising income, they could most probably afford it !!!
Give ur update now it is 2018...india will kick many asses
@warriorprince1010 10% is used loosely here ...not as an real figure/average for the entire bric nations...but to drive the point what many marketing/media persons use for an headline.
@SuperDesi45 what ?? i thought for last 3 years,,its India which becames the largest employment rates in world with largest job oppertunities more than China
Well, India is now the 3rd largest economy (PPP)
I'm Indian and i think people shouldn't bother predicting Economics beyond 5 years. Economics is never the same, Change happens every day in the Stock Markets and you never know what Nation and Companies or Small Businesses emerge to outcompete India or China.
Include Politics, Wars, Chaos, Innovations, Future Discoveries in the Equation and all these totally change the definition of "Economic Advantage". I hate it when people think along economics in a very linear fashion.
@arunkumarvikram India lacks Harvards,MITS,Stanfords ,,,etc
All this "rise of indian and chinese middle class is fine" but-at the end of the day-people around the world still need to eat,and drink-so just pushing "careers focused on technologies" will end up creating shortage of farmers which will have cascading effect on food production.Now ofcourse- companies like Goldman and "the west" have very interest go help grow "indian and chinese consumption markets" for their economic well being as well.
According to google there are 600 million middle class in india
Hahaha...While I was watching this my Thai wife commented that this guy looks like King Kong when he speaks! I burst out laughing when I realized she was actually correct and being perfectly honest. Thai's are a bit crazy. They call 'um like they see 'um.
Quality of consumption means much more than quantity. North Korea has the fourth largest army in the world, yet would get obliterated by much smaller armies with superior war technology (or tactics)...going by "per capita" scales it. Something that the United States actually isn't the first in for weath.....My original point stands as comparison isn't quite as easy as most people think...
@warriorprince1010 Rightly said.
all who hated high population, now wish, they have good population in their countries. India and China have always had high GDP, even several centuries ago.
@SocialistJustice I realize poverty is not a competition but to state the fact poverty levels in USA is nothing compared to that in India or China or the third world countries.
@warriorprince1010 "Bric countries cannot grow at 10% for ever. " well said ..... BRIC should not fall in the crazy trap called ..."9% growth rate".
Its so obvis that China will be 1st and its because every time when i see back of the product its made from China..
U know it's funny when u say us to be the 3rd world country where does the bench mark come in ? There is poverty in every country so what r u guys doing about that? Even if u feed the poor or the malnourished they r still poor u guys have been giving aid to Africa for donkeys years why haven't they developed as a country so there is no such thing of tackling the issue of poverty it has existed in the past and will do so in future that should not stop countries from developing
Writing a software code doesnt make u an economist so that ul judge the world economy!
in 80 years russia isn't going to be on that list, its losing so many people
really? could I please see your proof?
I think you get the proof by now.
USA. By just prinig unlimited. Dollar can not have sustainable growth now
@SocialistJustice 4th according PPP.
And then there is 2014-2016. Good forecast. You don't hear much about the "BRICS" anymore, lol
+riceburner82x have you been living under a rock? haha
+riceburner82x have you been living under a rock? haha
'IC' now, not BRICS. Largely because of slowing down growth of 🇧🇷🇷🇺🇿🇦. It's all about 🇨🇳🇮🇳 driving the world now.
china n india rise new revoluation war. about economy
But still India faces high rate of unemployment
@XXXFreeSpirit Not even. 2025 it will be different its not just those 2 look at Southeast Asia. They formed the ASEAN union the most succesful non western union actually the only succesful union the EU was a failure. I say 2025 cause Vietnam is projected to be the 17th largest economy and Vietnams growth is nowhere near that of China or India. I live in Japan and Vietnam and I gotta tell ya the growth here is staggering new buildings, malls,bars, roads. I can only imagine whats goin on in China
The same thing can be said about religion. Triple a religion over any other every year and see who becomes the dominant in every country. Why do you think they try to get into the heads of the chinese when they had no real religion other than the monks in the mountains for centuries, because it's big business......
if you preach free market and practice socialism, US will be the only loser, since there are other continents with huge market and natural resources, ready to be explored,. As the speaker says, it is not a question of if any more but when India and China surpass US GDP
lol!
independent RON RAUL
so y did dey replace them!!
lol u r paranoid!!
you can never lie about GDP, that show ur low level of thinking!!
The truth is India, is growing at a good rate, a part of it at least. There are still a lot of issues we need to deal with. Yes certain things we are doing have yielded great success but most have failed. To be frank we are 20 years behind China and easily 50+ years behind US. But the good news is the rate at which we are bridging the gap is phenomenal. If you take the current scenario India is still a shit place to live in.
+Abhilash Naidu In India, 44% of those under 3 suffer from malnutrition, as opposed to an average of 25% for sub-Saharan Africa. India has the most malnourished people on Earth, and malnutrition and starvation in India is twice as bad as in Africa.
+madmarvin99 44% has been brought down a lot lower, I think it is around 35% right now, if we need to blame some one blame on britishers
+madmarvin99 what i think is malnutrition has a lot to do is with dietary habits,almost all poor people's diet in India is carbohydrates and little else, hence we get a lot of people who have never gone hungry but still don't get the required nutrients. Don't believe me, go check out UNDPs reports on India's Midday Meal Scheme which gets published every year.
That's where the young people come in.. India has many problems.. The biggest one being corruption which also gives way to inefficiency.. Now india also has a youth bulge in its population which time and time again leads to revolution or major change in the society as history has shown us (most recently the Arab Spring).. So if the youth isn't satisfied, which it won't be, with the system.. Major changes are inevitable.. So the fate of India will be determined by her youth.
Shithead! India is a great place for foreigners to visit. Europeans can enjoy in India 5star luxury in less than 10 percent of money they need to spend in Europe for the same.
I am from India and I see no innovation here,people just work hard. India can never beat USA for atleast 70 or 80 years. The sun never sets in USA. But India can grow at a good rate for few decades and poverty and underemployment may come down. But its impossible for India to catch up with the per capita income of USA in near future.
Off course America is expensive gdp differs largely
I have started seeing the changes in India . And it will definitely pass America in next 20-30 yrs.