Comments by "AnAn" (@AnAn___) on "Econ" channel.

Australia is also well positioned to benefit from the (Asia - China) economic boom.
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@chenchugarilakshmiprasanna1669 Many other countries in Asia are also economically booming. Australia should fasten her sails to these other Asian economies too. Using Asian Australians to achieve this. Do you see Australia being able to leverage relations with Asian countries and Asian Australians to boost her tech sector? Most Asian countries have booming tech sectors.
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@surojitpal1861 Agree with you. Inshallah Bangladesh's economy will transition and diversity quickly. And Sheikh Hasina will achieve victory against this radical islamic movement.
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@UwU-ix8su I think there is a problem. Please read snakes in the ganga. Also note that the ST academic scores are probably lower than they would otherwise be because of wokeness. Punjabi standardized test scores too. Manipur's violence was partly set off by affirmative action reservation quotas, set asides, subsidies and preferences. Part of the reason Indian police are so hesitant to use force to maintain law and order is because of wokeness. Communist Party of China is funding woke breaking democracy forces in Japan, South Korea, Philippines, India, Europe, Australia, USA, Latin America. They are also a threat inside Bangladesh.
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How would you compare Bangladesh to West Bengal's economy? Can Bangladesh sign a free trade/free investment/free joint R&D agreement with India to integrate Bangaldesh with West Bengal's economy? How is Bangladesh's tech sector compared to West Bengal's?
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@achintyasharma7660 True. I hope that Bangladesh economically rapidly integrates with West Bengal and India.
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@tunaktun3379 West Bengal has a huge wokeness problem. However, isn't West Bengal richer with a large tech, manufacturing, and agriculture sector?
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@sadmanpranto9026 What about a free trade, free investment, free joint R&D, partial free labor mobility agreement between India and Bangladesh? Other countries can join this if they choose, such as Thailand, Sri Lanka, Nepal, Vietnam, Indonesia, Philippines, Australia, South Korea, Japan.
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@blastergoon4185 Please elaborate. Do you mean that India's economy is over reliant on tech services, business services, tech manufacturing, R&D, IP, pharma, angel investing, VC, private equity, IPOs, additional public offerings, M&A? If so, why is this over reliance a problem? India is also not that dependent on remittances. Bangladesh has to urgently diversity away from apparel and remittances. Two sectors in Bangladesh are growing rapidly. Pharma and custom engineering/electronic manufacturing. But Bangladesh needs to have more large industries than these too soon; as well.
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@blastergoon4185 this emigration is positive because in the long run, many of them come back to their home countries. Plus they bring a lot of bus dev, FDI, angel investing, VC, business networking back to their home countries. Plus a lot of foreigners now work in places such as Bangalore. And soon many foreigners will be working in Bangladesh.
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Would love to hear more about Konza city and Kenyan VC and tech.
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Brain sound therapy can increase physical and mental health and intelligence.
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Not for long. Many Indian states will be outperforming South Africa within 6 years. and India as a whole will outperform South Africa within a dozen years. South Africa's economy is imploding.
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How would you compare this to West Bengal?
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Isn't India making rapid progress on both?
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But isn't India still the world's fastest growing economy among the 100 largest economies in the world?
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@fanaticcoder3320 15 years ago, yes. Not anymore. And 15 years from now India's economy will be a medium income country per capita with a nominal GDP of over $15 trillion and a PPP real GDP of over $35 trillion in 2024 real inflation adjusted dollars. While India's per capita GDP will remain moderate by global standards, India's overall economy will be a large percentage of global GDP.
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@s.msadat8383 Please provide more data on the light engineering sector. What other sectors does Bangladesh have? What is the size of BD's pharma sector in 2024?
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@Mozely374 How to diversify the economy? How would you compare Bangladesh and India (or Indian states such as West Bengal and UP) with Bangladesh with respect to regulation and red tape? How to surge education outcomes among the top 20% of Bangladeshi students quickly? (strikes me that India's college and university system for the top 10% of students is very good and that Bangladesh can quicky replicate that) Can Bangladesh invite many IITs, IIMs, NITs and other Indian universities to open offshore campuses in Bangladesh? Can Bangladesh get a big chunk of India's BPO and tech services business. Bangladesh is cheaper than India's more affluent states and metro areas. Bangladeshis are more humble too.
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@s.msadat8383 Both these industries are promising. Pharma in particular. How would you compare and contrast the Bangladeshi pharma industry with her Indian counterpart?: https://en.wikipedia.org/wiki/Pharmaceutical_industry_in_India What other industries besides pharma, light engineering and RMG are very promising? Can agriculture production be exponentially increased?
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@elmiabir7059 How does tech compensation in Dhaka compare to Calcutta India? to Bangalore India? to Jakarta Indonesia? to Ho Chi Minh city Vietnam? to Manila Philippines? What cities in Bangladesh have a large tech sector and how does compensation vary between these cities? Please compare the start-up ecosystem in Dhaka with other Bangladeshi cities and with Calcutta, Bangalore, Jakarta, Ho Chi Minh city, Manila?
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@blastergoon4185 This is much bigger problem in Bangladesh than in India. I know many Americans who have moved to Bangalore and other Indian tech centers recently. But in general the foreign workers in India do not become Indian citizens in the long run because of India's archaic convoluted process. India has to make it easier for immigrants to become Indian citizens and long term residents. India also needs to stand up to the woke, socialists and left and let inequality within India rip. As the NRIs continue to come home, measured inequality inside India is likely to rocket higher, leading to a massive global woke demonization of India. India needs to stand strong. Similarly, Bangladesh needs to stand strong and openly say . . . . "p ositive inequality based on merit is good. We welcome and celebrate it. And we welcome the diaspora home, with the understanding that it will sharply increased measured inequality and drop Bangladesh's global human rights ratings to the bottom of the world as the global woke movement tries to destroy Bangladesh.
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@FS-me8mj Please elaborate on the mafia.
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@FS-me8mj Let me push back. Bangladeshi diaspora and expats (whether they live in China, Japan, Malaysia, Singapore, India, Europe, Australia, Vietnam, South Korea, Taiwan, USA, Canada, UAE, Thailand, Indonesia) can bring a lot of bus dev and FDI back to Bangladesh. They greatly expand Bangla business networks. Do you see Bangladesh becoming one of the world's largest providers of BPO and other tech services?
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@FS-me8mj If Bangladesh deregulated, would that help? With deregulation there is no opportunity for corruption because no approvals are needed. The opposition might oppose it and say that it allows for foreign negative powers (nonmuslims, India, Israel, Europe, USA, Japan, South Korea) to own Bangladesh and dominate the Bangladeshi economy. How could Sheikh Hasina push back against this argument?
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@arunsar7893 I would partly agree with you. However brain drain to the rest of Asia (Japan, South Korea, Taiwan, China, Vietnam, Thailand, Philippines, Indonesia, Hong Kong, Singapore, Malaysia, Australia, New Zealand, UAE, Saudi Arabia), Europe, North America is a manageable moderate challenge. Diversification and further deregulation, simplification of regulations, improved university education--especially at the masters and PhD level (K-12 in Bangladesh is good)--will solve it. There is no good reason Bangladesh can't have a much large angel investing VC ecosystem and far more FDI. Bangladesh needs to embrace the increased positive inequality that rapid economic growth will likely generate.
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@NihalHossain-m2v Interesting. What about opportunities in Bangladesh's growing tech and pharma sectors? Do you mean that only a fraction of Bangladeshis can access these parts of the economy? How is crime in most of Bangladesh from your perspective? Weather? Bangladesh has been transformed by the trees, I think.
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UP is the fastest growing large region of the world ever seen in world history. UP is likely to grow more than 10% a year in real terms per capita over the next 21 years. UP will soon be a lower middle income region (5 years), and then middle income region (13 years) and reach upper middle income (21 years) region and higher than India's per capita average in 21 years. What is your per capita real GDP forecast for Bihar?
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@biggpicture2930 Why in your view is India the fastest growing economy among the largest 100 economies in the world?
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@biggpicture2930 Are you saying that the cost of capital in India is too high? Is the global cost of capital too high too?
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@biggpicture2930 There is a lot of money in Bangalore, Hyderabad, Pune, Mumbai, Tamil Nadu, Gujarat. Goa. Tech hubs have a lot of money. Less so Bihar, where what you are saying is completely true.
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@biggpicture2930 India is taking a massive delta risk on rapid economic growth with her massive infrastructure build and surge in government services. As long as real GDP growth remains over 6.5%, India will be able to avoid a credit constraint. In practice, India is betting on over 7% real GDP growth over the medium term. India is also betting on soaring tax revenues from business, rich Indians, upper middle class Indians. As India's economy grows, the upper middle class is likely to surge from about 5% of the population now to more than 10% soon. India is betting the farm on this happening.
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@biggpicture2930 Agree that renaming is not worth the cost. If India's real GDP growth is more than 7% a year over the next six years, do you see India's budget deficit and debt as a percentage of GDP falling?
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@biggpicture2930 Which Indian states do you think are doing the best job in reducing corruption?
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@biggpicture2930 Odisha? UP? Gujarat? Rajasthan? Sikhim? Any north east states?
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@biggpicture2930 I think UP is making rapid progress on corruption now. Odisha too.
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@biggpicture2930 I think UP has made rapid progress in a short period of time but has much further to go. How much progress do you see India making over the next decade on corruption?
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@biggpicture2930 India is likely to have a very large economy on the basis of population. But it will take many decades for India to achieve high per capita income status. I think different states will have different levels of corruption.
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@biggpicture2930 Chinese deeply value STEM, intelligence, mental health, physical health, "relations before transactions" (good company or satsangh). India needs to do the same.
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@biggpicture2930 How can the USA increase the number of patents she files? China files 2 1/2 times as many patents as the USA. Per capita South Korea and Japan also file more patents than the USA. (interestingly both countries individually file far more patents per year than all of Europe.) Patents and IP appear to be dominated by asians and the asian disapora. India will also very soon file more patents per year than Europe, a very low bar. Catching the USA will be very hard for India. India needs to promote physical health, mental health and intelligence. Including via widespread practice of yoga, ayurveda, acupuncture, tai chi qi gong. Part of China's health miracle in my view is mass application of acupuncture, tai chi qi gong. Including far healthier diets than other countries practice.
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@biggpicture2930 On a personal level, PM Modi is brilliant. Did you see his speech to the US congress in english? Why do you think Modi has a 77% confidence rating among Indian voters. Including high percentages of Indian muslims who have confidence in him? The economic and social miracle in Gujarat has been very impressive.
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@biggpicture2930 Strongly disagree. Expect real GDP growth of 7% or higher over this period.
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@biggpicture2930 What is his annual real GDP growth forecast?
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Can you do another video comparing Bangladesh to West Bengal state in India?
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I don't think you are accurate about Indian voting patterns. By caste, I assume you mean jati? There are perhaps 4 million groups or jatis in India. 33,000 according to the British, who were overwhelmed by the complexity and diversity of India. I think education and health and economics are major factors in how Indians vote. Are your referring to how the BJP is aggressively courting Indian muslim female voters by trying to ban shariah?
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