Comments by "Harsh Jain" (@harshjain3122) on "We're Going to Have Another Great Depression." video.

@votecthulhu9378 sigma grindset
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There was some wrong stuff in there...like some funny stuff, how he was talking about CPI inflation and there was a deflation graph in modern economies showing in the video. And like...he didn't differentiate between corporate or private debt and govt debt. Like majority of debt, esp in china is private debt. Given how china doesn't show data of it's actual govt debt but ok
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I am 18 lmao... think we fked mate
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@VivekKumar-rb7zk that kinda sounds like pre teddy USA
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hate to break it you but some policies influenced by them might eleviate our pain
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@madafakahakunamatata8269 that old hag won't do shit. All that's happening to it is being colonised by turkey
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Wdym by capitalism? There is no other system really. And we can and will handle climate. But there is an intrinsic problem and a cycle of how civilisation goes. War...peace...war. We must break this somehow.
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lmao yeh
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@innosam123 Wow good points. I have some genuine queries about this. 1. As you explained how military prowess translates to economic prowess and acceptance...given US's departure from asia and africa and eventual isolationism(keeping military in europe and economically retracting) of sorts, do you think this will have effects on USD just like the analogy with britain and that the subsequent vacuum might be filled by a parallel centralised currency system by the new hegemon i.e China? . 2. How well is the reindustrialisation working in America? How can it match products from elsewhere apart from china? Say vietnam and bangladesh and all? . 3. Also...I understand that the video didn't differentiate between public and private ratio but I personally think that there are many points of faults in our modern economic system. Being globally connected meaning a trigger point somewhere will also make alarms go on everywhere else doesn't help either. From china's real estate bubble to US's reindustrialization, eventual isolation to Europe's fertility crisis to water wars...there are quite many minefields here to not step on one.
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@valdamirlebanon4508 I have something to say over democracy over how it's only really successful in smaller homogenous states and nations with an educated state. And if you want your nation towards development fast...despite the bad things, then you ought to have a good auth leader over you for the next 1-2 decades. Most second and third world nations that are well off today are because of a fundamental structure or reforms put down by a good auth leader in their times. Kazakh, South korea, Singapore are examples of this. Not to mention how you highly underestimate how dumb people are when it gets to understanding long term development and plans esp when they can easily manipulated by politicians to give them vote on the basis of religion, creed, race, color and what not rather than the actual problem.
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true...commenting for visibility
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@thatladfromthe40s82 good things arise from the bad ones good sir. Always. The ashes is what becomes the soil for the new tree.
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Germany is honestly one of the better nations to live in.
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Yup. They are like paintings. Rudyard seems a boomer in regarding the opinion of NFTs.
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@luket7511 lmao...gold even today is abundant dude. The flow and control of gold is what matters
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Mixed? I have some ideas...I will write about it after my jee adv, yeah i just remembered now
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@marza339 imagine lehman bros but like 20 such companies. It's not that simple but yeah
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I hope so dude...that it's just fearmongering...but our monetary systems are very fragile, this is something covid taught us
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@AJPMUSIC_OFFICIAL my man...the large scale conflict might be the trigger point. If it went off today...china's manufacturing capability would falter and that would subsequent lead to falling of many nations that are literally dependent on chinese exports...this would be mid term to long term. And looking at the wealth disparity today, he hits it very close to the home
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It was because of FED printing shitload of money, that's where all that money went
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True dat
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lezz fking goooooo...new upload
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Buy gold. It's simply a hedge against bad times. But it's good because it will rise regardless. So you aren't wasting your money. Start an organic self sustaining garden. Again, if nothing bad happens you will still learn a great skill. Know how to cook and keep some extra rations at home. First aid too if you don't have it already. Seriously, these are just good habits even if nothing wrong happens. Keep some oil and kerosene because it is used for a lot of stuff and learn how to use a weapon if needed.
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Where else will people put their money in?
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@VivekKumar-rb7zk India is fked. So many cogs and parts in one nation...not to mention how it's culturally so...'hollow'. For any nation...for it to work properly; culture, public, economics and govt must go hand in hand. No where on earth do we see it more in tangle and conflicted than in india.
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@cazwalt9013 it will...it makes sense dude. Monetary distress makes people miserable. And it's a unifying force uk...because everyone is pissed and wants a piece of resources and land of their neighbours
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@haroldinho9930 Russia today isn't capitalist. More like crowny. Your oligarch i.e the rich people lost trust in your nation and hence forth have put all their money in either tax havens or places like london and swiss(given you are from russia)
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@haroldinho9930 Make alliances with religious org and eventually politicians as a grp and get guns from that. For most nations...it's outright a lie that you can't have guns
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Hey I have a question. So if huge automation comes along in every sector, wouldn't everything be instantly deflated? Because you made a stronger, much stronger supply chain and increased supply using automation (assuming that)...so like, how does this show that the economy is regressing? Because the deflation here is natural, no?
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