The U.S. share in global trade has been declining over the past decade: Rockefeller’s Ruchir Sharma

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CNBC Television

CNBC Television

Күн бұрын

Ruchir Sharma, Rockefeller International chairman and Breakout Capital founder and CIO, joins 'Squawk Box' to discuss the state of the global trade alliances, why the U.S. is being left behind, potential impact on the U.S. economy, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Пікірлер: 258
@KelvinDavid-w6l
@KelvinDavid-w6l Күн бұрын
Regarding the 3% inflation rate, it's important to note that it may not accurately reflect the true cost increases you're experiencing in your area. In our Midwestern city, real price inflation seems closer to 20%. Do you foresee a reduction in costs for essentials like food, gasoline, or insurance in the near future? We've significantly cut our spending and plan to continue doing so until prices decrease, as we feel it's our responsibility to adapt to these changes.
@DirkKhder
@DirkKhder Күн бұрын
Looking at the aggregated totals by kind since 2021, when it started to take off, you can see that the embedded amount of inflation currently approaches 20%.
@Danielle-z6v
@Danielle-z6v Күн бұрын
Right, a lot of folks downplay the role of advisors until being burnt by their own emotions, no offense. I remember some years back, amid covid-19 outbreak, I needed a good boost to help boost my business, hence I researched for licensed advisors and thankfully came across someone of excellence. Helped grow my reserve notwithstanding inflation, from $350k to nearly $1m as of today
@SabrinaVentimiglia-l2g
@SabrinaVentimiglia-l2g Күн бұрын
this is huge! your advisor must be grade A, mind sharing more info please? in dire need of proper asset allocation
@Danielle-z6v
@Danielle-z6v Күн бұрын
Finding financial advisors like Elizabeth Cordle Gross, who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@SabrinaVentimiglia-l2g
@SabrinaVentimiglia-l2g Күн бұрын
Thank you for this tip. it was easy to find your coach on Google. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@teebone2157
@teebone2157 5 күн бұрын
overcomsumption doesnt mean the economy is strong, it just means people are taking on more debt than ever to sustain the economy
@harrychu650
@harrychu650 5 күн бұрын
This person was correct that a strong USD limits the competitiveness of US multinationals. The Fed policy has to be reversed or the Fed members have to be removed.
@judithelaine9285
@judithelaine9285 5 күн бұрын
It's true what you're saying
@LawAndOrder00
@LawAndOrder00 5 күн бұрын
Look at credit card debt it's going up like crazy I think it's at 1. 3T
@harrychu650
@harrychu650 5 күн бұрын
@@LawAndOrder00 This isn't a good metric. The overall economy has grown and the CC Debt remains within the historic range of 5% to 7% of GDP. There is no red flag around the nominal amount of CC debt. The overall economy has never been bigger, so yes, the nominal amount of CC debt is going to be larger.
@LawAndOrder00
@LawAndOrder00 5 күн бұрын
@@harrychu650 the average household has way too much debt. the economy is not healthy if everyone's charging food to their credit card.
@M.Wildman
@M.Wildman 5 күн бұрын
Sharma is exactly correct. Canada is the only G7 nation with free trade agreements with every other G7 country. We are already pivoting toward China and EU on trade. Trump is fundamentally a mercantilist with a 17th century understanding of trade as a zero-sum game.
@royprovins7037
@royprovins7037 5 күн бұрын
Canada and Germany don't know the meaning the term free trade.
@jzou1030
@jzou1030 4 күн бұрын
@@royprovins7037we barely manufacture anything here in Canada, like it or not, American won’t create much jobs by tariffing Canada. Don’t really see the point of doing it.
@LAB-001
@LAB-001 5 күн бұрын
Yes we Canadians want to move to BRICS
@LawAndOrder00
@LawAndOrder00 5 күн бұрын
You'll be immediately kicked out of the five eyes. There is no 14 eyes country that's in brics.
@Robert-b4e1v
@Robert-b4e1v 5 күн бұрын
@@LawAndOrder00 Who cares if we are kicked out of the "5 eyes". That's just to protect america!
@BRuane-pw6xq
@BRuane-pw6xq 5 күн бұрын
Don t blame you. America is done
@LawAndOrder00
@LawAndOrder00 5 күн бұрын
@@BRuane-pw6xq 27 trillion dollar GDP yeah done for sure
@Hyperpandas
@Hyperpandas 5 күн бұрын
By "we" you mean "you". Why dress it up and pretend it's a popular idea? Most Canadians don't even know what BRICS means.
@user-ggyy34wsk575
@user-ggyy34wsk575 4 күн бұрын
There are two main problems: 1. Fewer and fewer items can be made by the US only. 2. Whatever we make, they are expensive.
@Discovery2024-rn8kn
@Discovery2024-rn8kn 4 күн бұрын
Don't forget outdated and keeps breaking, I've owned American cars and use software daily
@cinpeace353
@cinpeace353 4 күн бұрын
The third, don't sell what others want - the chips.
@onwardandupward-t1g
@onwardandupward-t1g 5 күн бұрын
I love America. I live in New York State. But absolutely everything comes down to one thing which is the world uses the dollar as a standard currency. If and when that changes, that’s when we will see how strong America is economically. Warren Buffett said it when the tide goes out, we will see who has swimming trunks on
@harrychu650
@harrychu650 5 күн бұрын
Significant damage was done by the last regime when they likely broke the unspoken understanding by confiscating Russian State dollars and the dollars of Russian Citizens. It put the international community on notice.
@larslover6559
@larslover6559 5 күн бұрын
I dont understand why Musk and Trump try so hard to be hated by everyone. I mean, usually people likes to be liked and have a good relation with other people as far as possible.
@ocampbell1954
@ocampbell1954 5 күн бұрын
Because we're 36 trillion dollars in debt. We can't keep spending. The status quo has to be broken up.
@ij4674
@ij4674 5 күн бұрын
​@@larslover6559 They are on the top so they think they are infallible.
@icet6665
@icet6665 5 күн бұрын
THE US IS PHOTOCOPYING MONEY. USING MONEY IT CAN'T AFFORD.
@titus.iscariot3760
@titus.iscariot3760 5 күн бұрын
This country best days are behind her. All this imperialism is finally catching up. Every Empires have one thing in common.....they unraveled from within.
@xerichu
@xerichu 5 күн бұрын
US double standards and hypocrisy on full display :)
@royprovins7037
@royprovins7037 5 күн бұрын
Deep
@SengpoSatbang
@SengpoSatbang 4 күн бұрын
Yes. In the case of America, majority of American has chosen self-destruction, in the form of an orange turd.
@Robert-b4e1v
@Robert-b4e1v 5 күн бұрын
Already started to curtail my USA purchases. Substituted Arizona tomatoes & peppers with Mexican produce. Garlic! I now buy from China!
@adesinapaul9238
@adesinapaul9238 5 күн бұрын
Good for you while not move to china and live there self enjoy the full experience
@JayTse-x7l
@JayTse-x7l 4 күн бұрын
@@adesinapaul9238 if I am younger, I would.
@badbad-cat
@badbad-cat 4 күн бұрын
​@@adesinapaul9238 should everyone who uses American products be allowed inside America. your logic 😂
@adesinapaul9238
@adesinapaul9238 4 күн бұрын
@@badbad-cat you like them so much then move there and live peacefully under you holy and heavenly china
@Robert-b4e1v
@Robert-b4e1v 4 күн бұрын
@@adesinapaul9238 Why don't you learn proper grammar "while not move", typical american. Go back to your crayons!
@labandonaldhock80
@labandonaldhock80 5 күн бұрын
Our economy is based on ever increasing credit card debt, not strength,!
@xerichu
@xerichu 5 күн бұрын
US double standards and hypocrisy on full display :)
@labandonaldhock80
@labandonaldhock80 5 күн бұрын
Becky screwed up and did a good factual interview! How rare and marvelous.
@hkfoo3333
@hkfoo3333 5 күн бұрын
When day in day out US sanctions countries so how can US trade grow compared to China? When you sanction one country that means less trade for US .
@shreeray6410
@shreeray6410 5 күн бұрын
The problem is the dollar's strength. All the currencies are automatically depreciating because the dollar is becoming stronger. In India, our currency has hit rock bottom and it has been predicted before that the Indian rupee can go to 90 per 1 dollar. China allowed Yuan to depreciate for the same reason for decades. Dollar appreciated much more after the 'tariff' negotiating tactic from Trump. I mean, why should a middle-income country like us or even developed countries like Canada or EU, trade with the US when all our currencies are dying? I would rather trade with Japan or Canada, rather than trade with an expensive US. Slowly the world should dollarize and either keep one currency or just trade with local currencies. The US is not someone the world should rely on, certainly not as an enemy and definitely not as a friend.
@jzou1030
@jzou1030 4 күн бұрын
Lesson from Canada, you can’t trust US as an ally.
@danielhutchinson6604
@danielhutchinson6604 6 сағат бұрын
Clark Kent appears to be bucking for the position of Propagrand Director? The idea that the US Fiat Currency has value to the Nations who now participate in a Trade Union to sell their goods, has put the USA in a deep hole with an accumulated $27 trillion dollar deficit this year. The ability to find resources inside the USA and their Colonies, has expired as well as the Money being able to buy as it once did. The Banks are beginning to fold up as cash becomes scarce. This Spring as Tax day approaches and cash is flowing to Treasury, the ability to continue to defer the evidence that the US Fiat Currency has lost all value seems abundant? The Predictions of Bank Closing events of a very large scale seem to bloom like Bamboo?
@balwindergill5486
@balwindergill5486 3 күн бұрын
This is what Americans want and vote for. Canada was just told US doesn’t need its trade. How is this a surprise?
@PaulTurner-r9l
@PaulTurner-r9l 5 күн бұрын
tradeclear AI fixes this. S. share in global trade declining.
@yongjianyi3556
@yongjianyi3556 2 күн бұрын
The strong US dollar is because of the fiscal policy to maintain high interest rate to fight inflation. The USA economy is consumer based, you overspend, and that $1 trillion trade deficit is part of the 'strong economy' of the USA. To grow, you have to continue the cycle of ever growing debt.
@labandonaldhock80
@labandonaldhock80 5 күн бұрын
Great discussion, truth!
@HelloAutoCarz
@HelloAutoCarz 5 күн бұрын
The problem is corrupt greedy 🇺🇸 Business men! Not other countries
@xerichu
@xerichu 5 күн бұрын
US double standards and hypocrisy on full display :)
@privatemalone1358
@privatemalone1358 5 күн бұрын
The commentator is exactly correct. You can change the regime in US but the policies do not change. 🤣🤣. This is called democracy.
@andreww4898
@andreww4898 5 күн бұрын
It will keep declining anyway, even there is not a trump. Sure he is the guy trying to mess up.
@whatsnew-b8v
@whatsnew-b8v 5 күн бұрын
I wonder why, maybe people don't like trading with liar and con artist?
@LejlaGöransson
@LejlaGöransson 3 күн бұрын
I think investors should constantly use their money, especially as the market will begin to diversify further in 2025. It is reasonable to conclude that the stock market is the finest intelligent investment available given recent stock performance. I hope others concur.
@KristensenJørgensen
@KristensenJørgensen 3 күн бұрын
It's difficult to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.
@ClaudiaSchreiber-b1p
@ClaudiaSchreiber-b1p 3 күн бұрын
True, initially I wasn't quite impressed with my gains, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
@Robbertskypes
@Robbertskypes 3 күн бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@ClaudiaSchreiber-b1p
@ClaudiaSchreiber-b1p 3 күн бұрын
Just gotta give props to Caryl Ann Adelman , my CFA, she's the real deal in the finance game. Dive into her background, this lady's a treasure trove of experience and knowledge for anyone navigating the financial jungle.
@DanielOrstein
@DanielOrstein 3 күн бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@ramonaene3684
@ramonaene3684 5 күн бұрын
The world would not accept to be taxed only for America rich to be exempted. Expect fight back!
@DLAM19
@DLAM19 4 күн бұрын
This guy had not said anything! US was able to run huge deficit because of US dollar as reserve currency! US economy is hollow since GDP was all debt based! Borrow and spend do not translate to great economy, it'll collpase as soon as no more demand for US dollar!
@Jersderakerguoe
@Jersderakerguoe 5 күн бұрын
The US economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@Tony-t6h5m
@Tony-t6h5m 5 күн бұрын
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
@Agatha.wayne0
@Agatha.wayne0 5 күн бұрын
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
@nico-p5y4h
@nico-p5y4h 5 күн бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@Agatha.wayne0
@Agatha.wayne0 5 күн бұрын
I definitely share your sentiment about these firms. Finding financial advisors like “Jessica Dawn Walters” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating the
@Mom-q2b9g
@Mom-q2b9g 5 күн бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@harveypost7799
@harveypost7799 2 күн бұрын
I guess u can export movies and hamburgers
@sirheisenberg4459
@sirheisenberg4459 4 күн бұрын
It surprises me why everybody gets really worked up about recession and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.
@type-r3x
@type-r3x 4 күн бұрын
Inflation has not always been around there was a 15 year period of deflation. Yes as prices went down income went up. Once you go to Fiat currencies with no tangible backing then inflation is an intentional factor. Patience, Cash on hand & Short Term Investments are key
@firefighter-i6q
@firefighter-i6q 4 күн бұрын
True. I first came across investing in the market in 2019. Already stashed about $480k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
@belobelonce35
@belobelonce35 4 күн бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
@firefighter-i6q
@firefighter-i6q 4 күн бұрын
'Mary Ebi Ahearn’’, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@MarcyLoccy
@MarcyLoccy 4 күн бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@jerryvistaca
@jerryvistaca 5 күн бұрын
Yes; the next change will be US dollar not dominance anymore.
@alanc457
@alanc457 4 күн бұрын
Titanic is heading towards the iceberg. Unfortunately the new captain is busy rearranging the deckchairs and choosing the colour of the toilet paper.
@megharshagowda2232
@megharshagowda2232 3 күн бұрын
No matter what US will do it's decline is irreversible anyone with basic understanding of Math will understand this Already China's GDP PPP has overtaken US many years back that means they are producing more goods and services than US in another 10-15 years India may also overtake US GDP PPP that is almost end of US hegemony in world
@robertap7818
@robertap7818 5 күн бұрын
So true and it’s time for Canada to also make deals with more countries
@timothyshiu2263
@timothyshiu2263 5 күн бұрын
Tariff just add more cost to consumer. No one doesn’t like to spend more, especially when the pay check is small.
@ThomasLuke-u3v
@ThomasLuke-u3v 5 күн бұрын
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
@JacobsErick-u8r
@JacobsErick-u8r 5 күн бұрын
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
@mydressmemos
@mydressmemos 5 күн бұрын
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@LUCIASMITH-d1z
@LUCIASMITH-d1z 5 күн бұрын
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
@mydressmemos
@mydressmemos 5 күн бұрын
My CFA Melissa Terri Swayne a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@winifred-k9e
@winifred-k9e 5 күн бұрын
Just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.
@anonym-c1v
@anonym-c1v 5 күн бұрын
no one needs one-country-controlled world currency when cryptocurrency
@xerichu
@xerichu 5 күн бұрын
US double standards and hypocrisy on full display :)
@georgettelevesque277
@georgettelevesque277 5 күн бұрын
Tariffs are not the way forward for the US but trump is too ignorant to understand…
@stevenhenry5267
@stevenhenry5267 Күн бұрын
It's not just him, it's also his enablers.
@Maritime007
@Maritime007 5 күн бұрын
Cutting taxes is going to increase the deficit and drive even more spending. Doesn't seem like the wisest strategy but it's definately popular in the US right now.
@bianconerointheus6692
@bianconerointheus6692 5 күн бұрын
I’ve been living in the US since 2013. Life is so easy here; follow a set of rules and you’ll do very well. A lot of ppl living here are such illiterate financial disasters.
@DamianBadalamenti
@DamianBadalamenti 5 күн бұрын
True
@LawAndOrder00
@LawAndOrder00 5 күн бұрын
It's because of the basics budget equals boring no restaurants no concerts chicken rice and beans.
@bianconerointheus6692
@bianconerointheus6692 5 күн бұрын
@@LawAndOrder00 no concert, avoid DoorDash like a pest, cook at home and if sometime you really wanna treat yourself and order food just don’t be a lazy ass; get the car and go grab it. Doordash is the stupidest waste of money.
@RK-um9tu
@RK-um9tu 5 күн бұрын
Translation - I am a white male from a European country...
@LawAndOrder00
@LawAndOrder00 5 күн бұрын
@@RK-um9tu cope
@jackshultz2024
@jackshultz2024 Күн бұрын
After WWII, when the rest of the world lay devastated and the US was the only major industrial power left standing, the US realized it needed markets for its burgeoning industrial power and created Marshall Plan, that helped to finance the economic recovery of Western Europe, and for which Europe has remained grateful to this day. Until now, Western Europeans felt a loyalty to the US that was 75 years standing. Trump shattered it within two weeks of attaining office. Not surprised. Politically, thinking in the US is over a shorter and shorter period. When I was a child, the government was still able to think long term and initiate large scale major projects, from the interstate highway system to the promise of putting a man on the moon. Over the years politicians he ave become less concerned with long term projects that will benefit their successors, they want to have their picture taken at a ribbon cutting ceremony somewhere before the next election. They can barely thing ahead of the next news cycle on the 24 hour cable news stations.
@xfactor6099
@xfactor6099 16 сағат бұрын
you must have been living under a rock or you just biased because the USA has been playing a zero sum game on trade starting from Obama to date including Biden. Infact Biden's actions sanctioning Russia and seizing her reserves fast tracked dedollarisation.
@rikimarizard
@rikimarizard 12 сағат бұрын
Sharma actually is level-headed and clear about this but that second interviewer just has his head in the sand
@wardballard704
@wardballard704 5 күн бұрын
This isn't capitalism dont know what it is but its sure not capitalism!!
@perer005
@perer005 Күн бұрын
To be fair, it would have been a lot more depressing if the rest of the world wouldn't be catching up to the US after the head start they got after WW2. That a country with 4% of the worlds population has a very high % of total GDP isn't a "positive" stat.
@talhahabdullah8980
@talhahabdullah8980 17 сағат бұрын
I got ad from Rednote from this video😂😂😂😂
@windsong3wong828
@windsong3wong828 Күн бұрын
USA had a $36 Trillions debt that need solving. USA have an annual trade deficit of $1 trillion that need solving. Normally, most countries would devalue their currency and spark a recession. That would bring consumption down. The economy would then have a net trade surplus. Over time , this would lower the debt.
@fredyoman
@fredyoman Күн бұрын
I m from a developing country. 15-20 years ago going to USA was the greatest opportunity. Now it is no big deal . US lost its mojo and now even worse with this orange nut.
@Jurmyhyle12
@Jurmyhyle12 5 күн бұрын
The U.S. doesn’t need all this trade it’s also bad for the environment
@1Query1
@1Query1 2 күн бұрын
Luckily (or unluckily, depends on who you are), The U.S. share in global war has not been declining over the past decade.
@ronsilva7394
@ronsilva7394 5 күн бұрын
The sky is falling , falling !
@underverse7
@underverse7 5 күн бұрын
instead of all the waining... invest in your infraestructure !! , your standard is decay while china has already functional maglev trains in service. If you are not producing the goods , why would other countries buy from you ? I don't think my next phone is gonna be an iphone... just to start
@WalkOverHotCoal
@WalkOverHotCoal 5 күн бұрын
I have a crazy idea. Since the US is running huge deficits, and China is the opposite of that, a consistent trade surpluses. How about China annex the US, and the deficits and the surpluses would cancel each other out. However, who would want to be burdened by the massive 36.1 $Trillions ? Oh...I forgot...Elon Musk is going to fix it.
@Liboch
@Liboch 5 күн бұрын
A merger
@ScentlessSun
@ScentlessSun 5 күн бұрын
If he can cut $2 trillion a year in spending as he stated as a goal, that would actually cause the national debt of the U.S. to start shrinking.
@WalkOverHotCoal
@WalkOverHotCoal 4 күн бұрын
@ A friendly take over 😀
@elcmu2637
@elcmu2637 Күн бұрын
Trade of goods might have decreased but trade of services has increased. If healthcare cost was 1/10th the price then the average american will be better off and have more income to invest.
@ashpatel2505
@ashpatel2505 5 күн бұрын
Don’t worry, we have a president who has promised to make America great again, and majority of Americans believe him! They believe things will be affordable again, economic security and financial stability will be better.
@e_valley2707
@e_valley2707 5 күн бұрын
Good one ....
@JBear-iq8ns
@JBear-iq8ns 3 күн бұрын
The plutocrats and oligarchs of the US must redirect their resources to raising the economic well-being of their country and not just their own wealth.
@bakerkawesa
@bakerkawesa Күн бұрын
Trade is good for all involved. Even when it doesn't seem like it. America will never beat China at manufacturing. China has a competitive advantage.
@ideally6849
@ideally6849 4 күн бұрын
To be honest, capitalism brought us to this point, and we obviously can openly change that. Only way to reverse the trend that I can think of is war and soon, before we lose our edge.
@huanghermann5207
@huanghermann5207 3 күн бұрын
The world sans the US still needs trade.
@harriemeeuwis978
@harriemeeuwis978 5 күн бұрын
And of course he has written a book. He and Chat GPT.
@FlameofDemocracy
@FlameofDemocracy 3 күн бұрын
The US has the largest buying power, and the world's GDP is growing. It is logical.
@hkfoo3333
@hkfoo3333 3 күн бұрын
@@FlameofDemocracy until the day US can no longer print it's way out and forced to work to earn their keeps. Then you know how bad US's real economy is . Right now it's fake economy and GDP. Want real GDP ..look at China
@clearvision07
@clearvision07 3 күн бұрын
What is this obsession with bringing manufacturing jobs back to US The unemployment rate of4.1% is close to full employment.
@teebone2157
@teebone2157 5 күн бұрын
corporations chose to move to lower cost countries with less regulations
@kkollsga
@kkollsga 5 күн бұрын
To move from selling your products to the US to buying products from China is not a transition. That’s a complete switch of your economy.
@owls077
@owls077 3 күн бұрын
The only thing I don't like about Ruchir Sharma is the way he applies butter by referring to Modi or PM Modi as MODIJI. I hate people who apply to politicians.
@owls077
@owls077 3 күн бұрын
He calls Dr Roy, who is older than Modi as Prannoy. Definitely, Ruchir Sharma is referring to Modi as Modiji bcos he is an elderly man.
@owls077
@owls077 3 күн бұрын
Some where Ruchir Sharma understands if he will not show respect for Modi in India ..his IT cell or other gundas will make his life hell It's mandatory to respect Modi in India bcos he is a GOD!!
@joeshmooo5327
@joeshmooo5327 Күн бұрын
Love Becky but just switched over from watching Bloomberg, OK CNBC time to get a new updated look on Squawk, We need Becky 2.0 some young smart lady in her early 30's just like Becky use to be when she got the job and someone to replace Fat slurring words Joe. Come on its 2025 time to move this show forward.
@erickanter
@erickanter 2 күн бұрын
American economy is 70 percent consumption.
@armaedagone
@armaedagone 3 күн бұрын
Is he saying the dollar is expensive and if you want to manufacture devalued your dollar😂😂. He has hinted it's coming😂😂 Then the USA can manufacture and pollute their environment and asia and other regions can buy USA made products with their regional currencies... We are just waiting 😂😂😂
@allison_in_canada
@allison_in_canada 4 күн бұрын
Aren't you guys now a service economy? Obviously there will be less physical goods.
@fredyoman
@fredyoman Күн бұрын
China is the largest manufacturer USA is the largest borrower 😂
@dasballers
@dasballers 5 күн бұрын
We think she's right about AI and biotech. $RENB is buying $POAI this month to gain their AI platform that predicts how different tumors will respond to different drugs.
@SP00855
@SP00855 4 күн бұрын
He has been betting against US last 2-3 years and lost all his money, his investors $$ and his followers $$. He has no data, no clue what’s happening.😢
@stevenhenry5267
@stevenhenry5267 Күн бұрын
Lol. Yes it would have mattered if a Republican or a Democrat would gave been elected in 16. Ridiculous nonsense.
@meetadi4u
@meetadi4u 5 күн бұрын
AI bet has to pay off for USA big time like PC revolution / internet / smartphone
@tondematongo32
@tondematongo32 4 күн бұрын
Just keep printing the dollar and continue consuming like there is no tommorow....
@Discovery2024-rn8kn
@Discovery2024-rn8kn 4 күн бұрын
You forgot the superiority complex and American exceptionalism
@stevenhenry5267
@stevenhenry5267 Күн бұрын
Fully deserved. Trump voters are in for a rude awakening.
@qake2021
@qake2021 5 күн бұрын
✌️👍👍🇨🇳🇨🇳🇨🇳😃😃😃
@knt3219
@knt3219 5 күн бұрын
It Is Time For The Sake And The Energy Man Move World ✨🌎💥Economy Around For All . And Welcome To The Year Of Sake ☀️🎋🐍💥🌎✨✅🥂🍾🌻🏄‍♀️✅ And Watch Mr. Xi 🇨🇳🇺🇸 President Trump Performance On This Future Show For All Of Us Around The World To Enjoy ㊗️👏💫🌎✌️㊗️. And That Is My Prediction. Sincerely❤❤❤, KNT. 9:06 A.M. Eastern Time 🇺🇸 February 05, 2025.
@GM4ThePeople
@GM4ThePeople 5 күн бұрын
"Ruchir Sharma" is an anagram for "Hurrah Racism!" o/
@Urwrstnhtmare
@Urwrstnhtmare 5 күн бұрын
Bcos they rather focus on war
@jaym9846
@jaym9846 5 күн бұрын
We is America. We is consumer.
@mileszhou3378
@mileszhou3378 5 күн бұрын
😂😂😂😂
@ChetanSingh-zd4vz
@ChetanSingh-zd4vz 4 күн бұрын
Usa is 13% of world gdp 😂 Usa power comes from dollar if USA less trade with other countries dollar will collapse & USA will become poor… Usa cant say buy our items but usa will not buy your items 🤣 MAGA 😂
@ronsilva7394
@ronsilva7394 5 күн бұрын
This message brought to you by China .
@Discovery2024-rn8kn
@Discovery2024-rn8kn 4 күн бұрын
Yeah any views not in favour of US came from China, anothet Im becilic financially illiterate meat hea d
@erickanter
@erickanter 2 күн бұрын
You can't handle truth.
@jaypratt1862
@jaypratt1862 4 күн бұрын
so silly
@marktrinidad7650
@marktrinidad7650 4 күн бұрын
With the right amounts of coercion and threat, America can regain market share that it once had.
@fhowland
@fhowland 5 күн бұрын
USA! USA! 🇺🇸
@PMPEducator
@PMPEducator 5 күн бұрын
trade outsourcing with india :)
@Patrick-yh5yd
@Patrick-yh5yd 5 күн бұрын
Someone talks like him has an agenda. He should move away like Hollywood stars did.
@carloschacal9334
@carloschacal9334 5 күн бұрын
And the answer is tariffs!
@zdj-h9m
@zdj-h9m 4 күн бұрын
The US is winning on all fronts. This guest speaker is too much of a promoter of MAGA simplifications.
@labandonaldhock80
@labandonaldhock80 5 күн бұрын
Our economy is based on ever increasing credit card debt, not strength,!
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