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#StockMarket #Crash is Coming? | #Economy Waterfall | Financial Education - YouTube
Channel: Pushkar Raj Thakur: Business Coach
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Well, Before this, I will tell you the exact
condition of India. What is China doing with
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us and what is going on in the US exactly
so that we are on the verge of economic collapse.
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Before that, I want to show you something
because if you do not see, then you will not
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know what is going on. What is going on exactly?
So, I have opened Google because I will be
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able to show the exact figures. See this carefully
, You also search it that if today I will
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talk about, How much debt is on India, you
can google that India has a debt of 147 lakh
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crores and, if we talk according to our GDP,
our GDP is of 194 lakh crore and our debt
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Must not be above 40% of our GDP, ideally, China is stable with this thing that its
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debt is 40-45 % of its GDP. There is not much
more than it and our India ,my god , 89%.
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If you understand a little bit of the economy,
you will say that Japan has more debt than
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its GDP. Something similar is happening with
the US as well, but you see that we cannot
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compare India with these countries, because
their repaying capacity is very high, so now
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you know that India has a debt of 147 lakh
crore . I want to show you something : We
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will calculate just in front of you how much
debt has been incurred on every Indian. I
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have done this, then 147 lakh crores divided
by 130 crores and you also calculate on your
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own calculator. You will see that every Indian
has a debt of over 113000 on every Indian,
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however poor he may be. If you have a small
child in your house today, then I have covered
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that too. Inside it, if you have any old parents
in the house, I have covered that too. so
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everyone has to give ₹ 113000 , so let's
say it was a loan on us and the data that
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is there, has not been updated. If you will
see this data, whatever is coming in front
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of you, because since I have studied this
debt about India, this data is of 4th February.
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just think every day, a human being has a
debt of ₹ 1000000. Interest keeps increasing.
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There is a debt of 147 lakh crore here. How
much interest is increasing day by day? An
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answer is required in the comment. Whatever
I am saying, needs an answer. Just think every
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day and you study a bit how much interest
is growing on us because ever since I started
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studying. Then I would like to tell you that
I saw that there is a loan of 40 lakh crores.
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It became 50 lakh crores and continues to
grow and where it comes, 147 lakh crore rupees
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and as many governments come, they all do
this. They are taking loans on loans.
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Now what did we see last year, The entire
India closed last year, locked down. Wow wow,
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you all enjoyed the lockdown.
Let me show you something. When the lockdown
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came, the Modi government has raised its
hands in front of the World Bank. In front
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of the World Bank, not in front of you. They
want to vote for you. They raised his hand
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in front of the World Bank. We have to do
Lockdown, cases of coronaviruses are increasing
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in India. What will be the condition? Well,
You all know what the condition is. But he
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said that India's condition will be bad. We
need a loan, Need money, for what is needed.
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Now we will talk. One billion dollar loan
was taken by the world bank on whose name?
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In your name, a loan of one billion dollars
was taken from the World Bank . You can calculate
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according to today. How many crores of rupees
have been made and why it was taken. The only
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reason for taking this was that Indian is
a poor country. India is a poor country. We
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do not have money. There are so many poor
people here. Some so many poor people don't
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even earn $ 3 for a day. This means they earn
less than ₹ 200 per day and you know that
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we have those People around us. But this was
said to the World Bank. Give us money or else
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what will happen to our people, they will
die and why and what we will do with that
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a full report was sent. It was said that
we will give money directly to people inside
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an account. Well, some people got. It was
said that people will get ration, Okay, this
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also makes sense. but what else was spoken,
just understand it. It was said that we will
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make our healthcare system strong . which
is our healthcare system, we will make it
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strong. what will we do, we have to give masks
to people. How many people have got free masks?
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Comment below and if not, then you should
ask the government, what did you do for 1
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billion dollars? Only people are fed every
day.
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They had to install ventilators, how many
ventilators were installed. How many ICUs
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did they make?
They said that we will have to make that containment
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zone, we will have to give free service to
them, and will have to give free food there,
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which is our medical staff. Because they will
do work, then we will have to pay extra money
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for it. We have to make people skilled. Have
to prepare people Instantly, so that they
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will be able to fight with Corona and be prepared
on paper and how many people have got skill
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training . Tell me in the comments. A lot
of things were Spoken, there will be hospitals
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inside every district within every city. There
will be enough beds inside those hospitals.
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You will get thousands of beds and more than
thousands of beds in every district For the
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Corona patients . We are making this. For
this, we want a loan. And what was done for
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it, you better know.
What has been done, you better know. But
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Which was done, what difference does it make
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to our economy, I tell it. You talk about
this, that every man has to wear a mask. 130
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crore Indians have to wear masks.
These masks will come from where. We have
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these masks , nor do we have such a big production,
then who is our neighbor country , our brother,
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our friend. We have such a good relationship
with China, comment down below and what do
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you think about China. Telling us this also.
China will give us masks, we need ventilators,
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China will give us ventilators. We want PPE
kits. It Will give us these PPE kits. We need
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medicines. It will give us medicines and to
fight the corona, we need a lot of things,
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a machine is needed. There is a lot of medical
equipment that we need but we do not have
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anything. So China, our friend will give
us those things but will not give them for
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free. If we take money from us, then that
one billion which came to us, good. one billion
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that came, china won. China was ready , you
have to fight with Corona , I'm with you .
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It has also given some PPE for free in the
starting. For free, Sometimes for sample testing
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such as when you go to the sweets shop, you
taste a small sweet piece . Then give money
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for 1 kg . Something like this happened. Cases
inside China are not growing As much as India's
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condition is bad, and as the bad condition
of the US but India's condition has deteriorated.
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You know what is going on, today I will tell
you, probably you do not study much but today
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your senses will fly away. The US, Today we
call it a world power. What is this internally
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doing right now? I will show you now and only
then you will understand more, so today in
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front of you, we google how many notes the
US has printed within 2021. Why am I doing
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this in front of you because you too can google
it in front of your eyes? That is why I did
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not make a ppt, because if I do in front of
you, then you will understand more. See this
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Our US, It prints a few notes every year.
Every government does, but in 2020 it broke
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the record. If you look at the figures for
2021 right now, then this graph will increase
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more. Look at this graph, first, it did a
little over one trillion here in 2019, and
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before that very few, half-trillion almost
used to print it. But here they broke all
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records. Here they printed more than 4 trillion
notes. This means that twenty-one percent
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of all U.S dollars means how much money the
The U.S has, money in the hands of people.
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one out of every five notes printed in 2020 and
it does not stop in 2021 as well.
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Now, what happens when any government prints
so many notes. Let me tell you what happens
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inflation, inflation increases and
it will print so many notes, then hyperinflation
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can also occur. You will google hyperinflation.
It happened with Germany. There were economic
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collapses. Has happened to Zimbabwe. Has happened
to Venezuela and what may have happened to
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the US. Comment below. These are some of my
questions. People who do not understand hyperinflation
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and do not understand inflation.
I will give you a very simple example. You
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will understand. Suppose, There is an island.
100 people are living inside this island.
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Now suppose every 100 people have ₹ 1. And
they can buy anything for ₹ 1. There are
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100 people inside this island, now some of them want
to buy a coconut and there are 10 coconuts
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on this island. They want to buy coconut, now,
anyone who needs coconut can come here and
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give ₹ 1 and can take coconut, so the transaction
here is very easy to give ₹ 1 and take the
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coconut, then this man will get ₹ 1 , who
is selling. Now, what is the point that if
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everyone will have ₹ 10 and it has 10 coconuts,
then only one person will come and buy all
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the coconuts, then more customers will come?
Some say take ₹ 10 from me. Some say Take
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₹ 10 from me and give me coconut then what
the coconut man will do. He will increase
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the rate. He will say that now it will not
be available for ₹ 1. Now it will be available
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for ₹ 10, so if people get 10 times more
money, then the rate will also increase by
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10 times, and if in this way the US will print
notes more than 20% percent. So you can understand
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that there should be inflation also in
the proportion of the same, but it is not increasing
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till now. Because of the condition that is
going on, it is going on normal.
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so now I have some questions. You have to
answer the question because you have commented
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many times that a video is needed on finance
education. Now run your mind for financial
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education. The dollar should weaken in front
of Indian currency, If the U.S government
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continues to print notes. But, it has not
happened that the dollar has weakened. I am
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showing in front of you.
At this time the dollar is on its all-time
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high, you can google it here on your own.
When you are watching the video, the rate
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maybe changed, then now the value of
the dollar is at 74.58 and if you look at the
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last 1 year, then it was stable. It is not
stable at all, It is increasing, but it has
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just increased more. Dollar come at 74 you
have to tell the reason , you want financial
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education, then just think that if the dollar
is printed here then the Indian currency rate
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should be strong , But it becomes weak . Are
we printing more notes than in the USA? Can
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inflation come in our country at this time
and why have they printed notes , To help
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people , is to give stimulus to people and
when notes are printed and when they are being
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printed, nowadays it has become digital. I
will tell you in this video. About what
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this fraud is going on, you will understand
in the correct way that you
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keep ₹ 100 in the bank. So what is the government
doing with this ₹ 100 how they are multiplying
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and how they are increasing inflation. I will
talk about that in the next video but I want
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that you to tell me what is Going To Happen,
Because you see that the S&P 500 is not broke
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in America , just like Sensex in India. It
is not broken Despite the note being printed
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when the lockdown came, it was broken but
the economy bounced back.
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There can be one possible reason for it , that
the value of their currency is reduced but
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there is the value of the stocks, so maybe
even if the stock market goes up, people who
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are thinking that the stock market is going
to crash. Something else can also happen .If
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this money loses its value, then what will
happen, maybe that's why Bitcoin is growing
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very much.
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Now I left you on this stage that your mind
is thinking 10 things at the moment, that
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it can happen, it can happen, it can also
happen. A lot can happen, so today I will
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end this video here because this video can
be very long. Now we can talk about everything
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See there is so much to talk about. But
right now where we are, are we on Economy
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Waterfall . I am giving you this concept of
economic Waterfall . We will talk about it.
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What is this now , When the waterfall is about
to come. it does fall down immediately, then
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everything is going on smoothly here, and
then it falls immediately. Maybe we have come
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very close to this economic waterfall. Now
What Do You Think, I Want an Explanation In
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The Comment. If You Like This Video Like It
Fast And Will Also Share. Because what
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you have understood today, that China is benefiting. What is going on in the US? People Do Not
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Know this, they mean that at what time will
Tarak Mehta ka Ulta chashma come. When will
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Kapil Sharma's show come and when will the
IPL happen. They do not know, What is going on in
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the world, they don't know what is Going on
they just need good wi-fi for free, they
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will enjoy it , there is no better life than
that, but India will end. India's condition
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is bad. We will talk about that in the next
video alright you share this video and
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go self-made.
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