Is India Drowning in Debt? And, it's impact on YOU | Akshat Shrivastava
Akshat Shrivastava・2 minutes read
Debt levels in India are a concern, with the debt to GDP ratio steadily rising, reaching around 80-82%. Comparisons with other countries show Japan at 450%, highlighting India's moderate situation, but the speaker warns of impending risk of high inflation and urges viewers to prepare by inflation-proofing investment portfolios.
Insights
- Debt levels in India are a topic of debate, with concerns about potential impacts on taxation and the importance of considering the debt to GDP ratio, which has been steadily rising, reaching around 80-82%.
- The video stresses the significance of assessing if GDP growth will outpace debt increase, using debt productively, and focusing on personal benefit by inflation-proofing investment portfolios to combat rising inflation rates and avoid falling into poverty due to inadequate returns on investments.
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