An Indian economic commentator is putting out some harsh truths about India's economy.
He says that not counting the top 10% wealthy elites and middle income population in India, the true health of the Indian economy is exposed. He reveals that the lower 90% of India have a lower GDP per Capita, and half the Gross National Income (GNI) of Sub-Saharan Africa, the supposed poorest region on Earth.
Worse for India, the economic hardships are only gonna get worse. FDI is fleeing India. Decline in urban job opportunities and low overall education levels have forced the majority of the workforce to return to agriculture. Then the white collars are gonna be in trouble soon when AI starts to takeover their lower-skilled jobs. India is missing out on AI and automation revolution, and they are gonna get into serious trouble soon.
I just cannot sympathize with India's predicament. This is all willingly self-inflicted. The elites are loincloth imperialists and arrogant idiots. The middle class is filled with scammers, H1Bs, and Jai Hinds. And most of the lower class is regressing into the Middle Ages. All of them keep voting for Modi and the BJP. India is moving backwards, and perhaps that is actually good for the rest of Asia. Those loincloth imperialists cannot he trusted with strong national power.
