We all trust on banks but they don't trust us. Banking is the most important part of the country.
@EconInsight6 ай бұрын
You're right, banking is a crucial part of a country's infrastructure. It allows people to save money safely, start businesses, and easily conduct financial transactions.However, the way banks invest the money they hold from customers can be complex and not always transparent.
@EconInsight6 ай бұрын
A recession is a period of several months where the entire economy slows down. Production of goods and services falls, as reflected by a decline in Gross Domestic Product (GDP). Unemployment rises as companies cut back, consumer spending weakens, and businesses invest less. While two quarters of negative GDP growth is a common sign, a recession is officially determined by a wider look at economic indicators by organizations like the NBER. Recessions can vary in intensity, with some being short and mild while others are deeper and more long-lasting.
@EconInsight6 ай бұрын
Recommended Book : amzn.to/3PxFSEX ( Affiliate Link). A very pithy guide to thinking about money and savings. Much more philosophical than The Only Investment Guide , but also shorter and simpler. Worth a read!
@Movies10x306 ай бұрын
Morgan Housel is the best book writer in my opinion
@EconInsight6 ай бұрын
esp this book which e argues more about having the right behaviors and mindset. he breaks down complex financial concepts into easy-to-understand stories and anecdotes.
@AnamArshad-ff1xr6 ай бұрын
I have a book named "Psychology of Money " is this it?
@EconInsight6 ай бұрын
This is the one amzn.to/3VuhXdC ( Affiliate Link). it is written by Morgan Housel
@jacktaylor-tq8iv6 ай бұрын
This video opened my eyes! Time, money, and thinking - such important factors to consider in life
@Milliontonnez Жыл бұрын
outdated data used on GDP/pop/initiatives by govt. West looking at India to grow their money expense of its own ppl, natural resources and environment - just like China's did between 2000-2020 . "Manny ppl don't know ..." quite ironic stmt by OP. The real challenges come with West - be their high handed approach to FTAs, or pushing the narrative of "West's problems are the Worlds problem" India's own ambitions - 2T$ export , stronger rupee etc may sound nice but there's the risk that it could go wrong like it did for Turkey - esp if the USA/China intervenes. USA also doesnt want India to become as powerful as China, creating another powerful rival while trying to contain a powerful rival.
@PratikKhonde Жыл бұрын
Good
@chibunnabako3289 Жыл бұрын
This was brilliantly put together.
@EconInsight Жыл бұрын
Much appreciated!
@ashleyhuff2892 Жыл бұрын
Great content and very well explained.
@EconInsight Жыл бұрын
Much appreciated!
@aqsasidz9545 Жыл бұрын
Thank you for all the work you put into your video
@EconInsight Жыл бұрын
So nice of you
@avasmith4407 Жыл бұрын
You explain everything incredibly clear and concisely. Thank you