Comments by "Arun Sar" (@arunsar7893) on "Crisis in Xi’s 'command' economy as deflation, deleveraging u0026 defaults compound rising unemployment" video.

  1.  @BharatThatIsIndia  Autocratic rule, if that is what it actually is, is a good thing for India right now. Indian Demographics is not going to wait for Indian politics to sort itself out so that economic reforms, which are necessary but are politically unfavorable, can be pushed through. A lot of much required economic reforms were stalled because of a weak MMS govt. and the 'Suit-Boot ki sarkar' jibe (which stopped land reforms). Japan, South Korea, Taiwan were all military dictatorships when they grew at high rates. They turned into democracies as the growth slowed down. China and Vietnam are communist autocracies (what happens as the growth slows down is yet to be seen). Malaysia achieved high rate of growth under 22 years of rule by Mahathir. Singapore also grew under the unchallenged and autocratic rule of Lee Kaun Yew. People often ask, why can't we grow as fast as China? .. Why are we celebrating 7% growth when China could achieve double digit growth? I find those questions really stupid. We can't cause we can't do things like China can . We can't even execute a bullet train project timely. Why?.. Because land acquisition can't happen in Maharastra cause the under-serving Uddhav Thackeray wants to be CM. The fact is there is no democracy in this world which grew at very high economic rates which being a liberal democracy that you seem to yearn for (Not even the West). People who don't know history have a very ideological view of democracy with the belief the democracy is good for all situations and even a slightest decrease or perceived decrease in democratic workings of a govt. is the biggest cause for concern. People should stop considering all other factors and only lament the loss (not complete) of democracy.
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