I keep saying this statement, in almost all occassions, whether it is someone trying to “Invest” for their future or select to migrate to India from the western countries. This statement may appear that I am anti-America, but it is not, I am just Pro-India, and that does not mean I am anti-America. I am an American Citizen, living in America since 2001, America has given me every penny that I have earned in my life, and I am very greatful to the opportunity given to me. America is a great country, but the “Best” days of America are behind them (unfortunately), that is why we have a tag line - “Make America Great Again” - winning two elections, because majority of them also believe their “Best” was in the past and we want to get there. America had a great 100+ years, mainly because Europe went through two wars, and America was the safe heaven. Of course, some smart policies and great brains of Americans, helped and lot of hard working people across the world, but it may struggle in the next 100 years.
Hard times create strong men. Strong men create good times. Good times create weak men. And weak men create hard times. ~ G. Michael Hopf.
America is having a “good times” for few decades now, strong dollar, strong economy, great military, stable democracy and what not - but that good times are creating weak men. Weakness where people are struggling to identify themselves whether they are even men or women. Weakness where you walk into a store and hand over $10, a cashier may even struggle to know how much money that needs to be given back (without the help of cash register telling them how much), a movement to “Bring Back Manufacturing jobs” does not even last for two weeks - because who wants to work hard in those factories? I can go on and give million such examples, but the youth is certainly not motivated enough to be the “BEST” in the world - and when I compare that with the youth in India - they are hungry for the success, they are willing to go extra miles to do what needs to be done. There are certainly “Hard Times” right now, but that hard times is creating strong men and stronger women.
70% of the world population is in Asia. Next 100 years is going to be a “Consumer” based economy, and that consumer is sitting in Asia. America still holds the key - due to technology - but slowly technology is also getting its origination in Asia. Tik Tok is the first example - originated in Asia (Singapore), that is a better product than Facebook, twitter, instagram etc, used world wide. Payment system innovation in India can be a second example. In next couple of decades, we will see lot many technology advancements which will start happening in Asia. Not to blame, but “America First” philosophy can very soon be turned into “Isolate America” - if things does not change fast.
No one has seen the future, but can you name the top 100 richest people living in the planet earth 1000 years ago? or even 500 years ago? Have they remain the richest now? or their kids? Stocks or Companies which were the top 30 years ago - are they at the top now? Its all a cycle, explained by the Hopf’s statement above. World is heading towards - “America is going to be the new Europe, China is going to be the new America and India is going to be the new China”…of course, not written in the stone - but most likely.
But know this also - America is a big elephant - It is never easy to move that big elephant, so it will take years - decades, before things change. If you are in your late 40’s or 50’s, you may not change the country - because you will not see the change impacting you a great deal - in 15-20 years left of your lifespan, but if you are in your 20’s or even 30’s, you have 40+ years - You should be moving towards where the growth is - ASIA. You dont have to go to India (if you dont like it), it can be Singapore, or Dubai or Hong Kong or Australia or Japan but be closure to ASIA - invest it in the land or real estate or their stock market, and you will have mind blowing returns. Particularly to people who are coming to America on F1 or H1-B visa - well, you will struggle to get Green Card or better future for decades, and you dont know when you will be thrown out of the country, why would you want to go through the hell - when you can have better future in Asia/India, particularly now, when interest rates are so high in America, your real estate (or home) is not going to generate great value (as you will be paying lot interest money for years to come to the Banks).
This is just my “opinion” and I can be Wrong.
No comments:
Post a Comment