Trump tariffs – ‘Everybody thought US only place to invest in’: Ruchir Sharma says something was bound to snap

World Market Expert and Author Ruchir Sharman said that the American economy is a bubble and forced extraordinary. He said that the US stock exchange prevailed, and everyone believed that they were left, something he said he was wrong.

In the interview with India today, the markets and the economic profession are more vulnerable when “group thinks”. “One thing you are due to see when a lot more group thinks when everyone around you tells that it is the meaning that he should be all the bubbles.

“But how can you have a situation where 80 percent of the world’s capitals are invading one country?” Continue. Result. Thus, when predicted is one of the basic rules that extrapolation is the annual mistake that “Sharma” do.

Shaman said that the US stock exchange rules in the world after the global financial crisis in 2008-09. The US stock exchange came to almost 70 percent of the capitalization of the global stock market, which included 80 percent of all growing flows. “When something is so overrated tells you that it’s disappointed. I think it happens under Trump.

According to Sharma, Trump found that many Americans were not satisfied with the economy, and inflation was also high. “The stock exchange was doing well, but who owns the stock market, maybe the first 10-20 percent, 80 percent of the funds of the stock market have benefited from this large technology of the stock market.

“At the core, we must admit that the American economy was a bubble. It was artificially juicy by the government, and it is important that the status quo and elites were acceptable.

Speaking about India, Lastman said that the capital of the world is simply going to America this decade, and the inflows are “quite poor in India.” “Outward capital flows India. Even the FDI slowed down, but especially the streams of the stock market had dried up in the last few years.