Comments by "LandGrabbingIndia" (@LandGrabbingIndia) on "India Just Changed the Future of Asia with THIS One Move!" video.

0:25 China at it's peak, grows at double digits but like all big economies, the "growth rate curve" is never an upward exponential curve and there will be a time when it will reach a "plateau growth curve". China is still growing around 3.42 times bigger than India, and that is despite China being involved in a trade war with the collective West and being slapped with thousands of sanctions and technological blockade. Explanations provided below. India, which has not been sanctioned is growing unhindered, could only grow at a growth rate of 7%, despite finding itself a temporary goldmine (Russian oil). Is India capitalizing on the Ukraine war and is making big money by selling heavily discounted Russian oil to Europe at a marked up price? That is massive money? Supporting information and explanations: Growth rate percentages are misleading. A higher growth rate from a small amount means nothing compared to a lower growth rate from a big amount. For example, a growth rate of 7% from 3.55 trillion, is smaller compared to a growth rate of 4.8% from 17.79 trillion. Why? Because a 7% growth from a 3.55 trillion economy of India merely adds 0.249 trillion growth amount to its net total whereas a 4.8% growth from a 17.79 trillion economy of China adds a 0.854 trillion growth to its net total. China's economy grows 0.854/0.249=3.42 times bigger than India. Year 1962 India's GDP = 42.16 billion (almost similar GDP to China) Year 1962 China's GDP = 47.21 billion (almost similar GDP to India) Year 2023 |ndia's GDP = 3.55 trillion Year 2023 China's GDP = 17.79 trillion China's economy is 5 times plus of |ndia. Source: World Bank GDP Arnaud Bertrand said, "India increased its imports of Russian oil by a staggering 1,800% since before the war in Ukraine, whilst China increased its import of Russian oil by 43%" Did |ndia miraculously became Europe's largest oil supplier since the Ukraine war? Yes. Who is the real fastest growing economy? The numbers speak for itself.
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0:25 "Percentage growth rate" is misleading and it serves no meaninful purpose other to mislead the misinformed. The Indian growth rate is over-rated and overhyped. China at it's peak, grows at double digits but like all big economies, the "growth rate curve" is never an upward exponential curve and there will be a time when it will reach a "plateau growth curve". China is still growing around 3.42 times bigger than India, and that is despite China being involved in a trade war with the collective West and being slapped with thousands of sanctions and technological blockade. India, which has not been sanctioned is growing unhindered with the help of the collective West, could only grow at a growth rate of 7%, despite finding itself a temporary goldmine (Russian oil). Is India capitalizing on the Ukraine war and is making big money by selling heavily discounted Russian oil to Europe at a marked up price? That is massive money? Year 1962 India's GDP = 42.16 billion (almost similar GDP to China) Year 1962 China's GDP = 47.21 billion (almost similar GDP to India) Year 2023 |ndia's GDP = 3.55 trillion Year 2023 China's GDP = 17.79 trillion China's economy is 5 times plus of |ndia. Source: World Bank GDP How do I derived at the 3.42 times bigger growth rate? A 4.8% growth rate of a 17.79 trillion economy is 3.42+ times bigger than a 7% growth rate of a 3.55 trillion economy in terms of total grown amount. The true and real fastest growing economy is China, NOT India.
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🥳 News headlines: The US has imposed sanctions against nearly 400 individuals and entities including 21 from India. 😋😘🤩😍🥰
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