setup class must to work together to relax policies that can inquire which food production and help farmers with your employer. but until then lives basic flight school. well tom of a struggle for many in west central africa, 70 o. p. 's who are 2 by 2 or 3 we spoke to president, solve the old farm is association of nigeria. could be abraham, who said multiple serious issues could lead to stineman in the country this year. be there is an emergency on for security now that the, the current mist fishing is trying to actual nice by support in some families to the land they are going to be able to mitigate the fearful famine that we might experience. i mean uh you into, into, to a new full for the collision is getting to about 40 percent. and we feel that if

the not our gains was trend, it would come down. that is why we go to rise. every decision that we make on we, we actually would, uh, some of the problems that we have to the value of the overall currency. there are many, many such factors as i outline i, i plus mation insecurity. i mentioned before the, i mentioned i when we, i will not see those drought what we're going by, what is happening in southern africa? we also see up from the how big the, the is a big mistake to rely on the import digital for getting the nation that is a endowed with the over 84000000 comfortable the land kept us of comfortable and to get a good land. it went into so much it is of the 40 dissolves or the forwarding or whatever they have the was of the nation. so as far as possible,

we should try to be for the sufficient 20, thanks for your company. has this wednesday i have coming up next week. sunsets the latest episode of directors and i'll be back to the top. one is the 5 are body want you to know we post a show every day and guess what? we hold no punch it. so look for a troop bomb number one fest luck goes big on india to the tune of billions of dollars trip. i'm number 2. china says the tesla big mistake trip on number 3. the molding government must now general economic growth. a lot of it and its own geo political neutrality can't do that. i'm rick sanchez and this is

direct impact. the . so i want to talk to you today about it, it is an enormous eccentric story. i mean, just really impressive. i mean, i know that some people think, look, there are also some issues down the line with india's economic growth. then the country has a north side and south side where one is generally much more advanced, very different than the other, more economically viable than the other. regardless of all of that, taken as a whole, it's almost impossible to look at what's happening in india and not come out with one word conclusion that contains just 3 letters. wow. wow. i mean according to recent projections,

the right thing that we're reading is correct. india is on track, the surpassed japan, and germany position itself is the world's 3rd largest economy by 2027. that's according to the investment banking firm. jeffries, who i have been following by the way, personally for years and which i can say without hesitancy, that they are usually spot on. you know why? by the way, this is such an impressive story. so 10 years ago, think about this. india ranked as the 9th largest economy in the world. now it's 5th, heading to number 3, with a nominal g d p of $3.00 trillion dollars. and here's where this story gets even more crazy. according to jeffrey's forecast is g. p will hit 5 trillion within the next 4 years. and by 2030 you're ready. 10 trillion. india, was it 10 trillion? a?

that's a lot. i mean, think about this. if you put your money in india today, you will likely see returns of more than 10 percent over the next 5 to 7 years. and that's a conservative estimate. according to most of the experts you are looking at, it might not be a bad place to put your money. so while the rest of the world is talking about china, china, china, india is right there with it. almost like a mac. yet look, it's still expected, but china will surpass the us. china will become the number one economy in the world by 2027. we have spoken about this before you and i. that means that us will fall to number 2. india will rise to number 3. but take a look at this chart. i found this fascinating comparing india and china from a real g d p. a point of u d. p growth that has. and you might be surprised to find out that there india is

actually a head of china. see the blue line. india's got actually ahead of china beginning around 2022 india has pulled ahead. of course, china still has the upper hand on tack in manufacturing. but wait, wait, wait, something has just happened. that could alter that course. actually thought john tesla, it's cranking up for a mega entry into india. senior officials from the company will soon be meeting comments and industry minister the score to reportedly finalize. they've gone towards the investment at operations. so there you have, i mean, in, in what some see is a shot across the bow. a china, a lot mosque has arrived in india ready to deal deal. he has to the tune of $2.00 to $3000000000.00 into the indian economy, just as importantly, side to deal with india's title electronics to procure, study,

conductor trip for its global operations. tied up, or tacked up as um, pronounce it as one of indiana's largest conglomerates. so why is it so important? right, and what's it got to do with china? remember when i told you was this was this a week ago? i think it was, it was a week ago when we were having this conversation, and i told you about janet yellen, janet yelling with the china. and these are my words, but i thought she was like lecturing the chinese government here it is. we intend to underscore is indeed free shift in policy by china. during these talks, building on feel free to hours i spent on this topic was advised premier last week . this is part of our efforts to advocate for american industries and prevents the significant economic disruptions we've seen in the past. so what is she

talking about? well, one of the things that yell in and extensively the united states market was concerned about when she made that visit was china muscling in on the electric car industry pretty soon. right. china feels that it can, in fact, it already has begun designing and producing a days that are, some would argue more efficient, less expensive, and therefore more marketable than those made in america and elsewhere. and they are producing them for their own brands, apparently not for somebody else's brand, like tesla. yeah, etc. now, in steps, india and china has plenty to say about that. take a look at this headline. i found this and that you'd want to look at this. it says china is seen, in other words, they're not happy about teslas. india they knew, according to china, mosque is making a huge mistake, aligning himself and his company with india is tech manufacturing base, which is, and here's how china explains that. these are their words,

this is what they say about india. why they take the test was making a big mistake in the long run because making a big mistake, they say that there are india is immature and unprepared. interesting, joseph, where it isn't, isn't it immature and unprepared? is it one thing is for sure, like it or not, the indian economy is attracting a lot of attention these days. look at this announcement. this was made just within the past 48 hours. black rocks are usually the most powerful banking and investment firm in the world with extremely close ties to washington has just announced a joint merger with india's g o. 1 a natural surfaces company. why? well, black rock seems to be banking on india's wealth management and asset management capabilities. the boat didn't know they had that big. so think about this. think about where india is right now. investment firms, tech manufacturing, take those growing sectors added to india is already powerful service. the sector

which i have is drug or not economy for the future. i do see a caviar one potential carrier. and that is how well india can juggle it's g. a political ties with places like washington, i mean blacklist is might as well be the white house, but they also have to juggle their ties with moscow game. so does it risk co opting or better yet being co opted by western economies in an effort to compete or, and this is what i think they have been doing successfully. i would argue, we'll see what my guess says, or doesn't maintain it's neutrality as a partner within the global south community with other bricks, countries like china and russia, and brazil, and iran and south africa and a few others. joining us now talking about this is k j. now, he's a writer,

a journalist, and an educator, specializing in the geo politics and the economics of that whole region right there . asia pacific, which includes a lot of other countries that we didn't mention, but this whole thing between india and china, i find fascinating. i don't know how do you agree the way i position my enter mind at the very end? i think mr. mowdy has to probably continue to do what he's done, which is, he seems like a neutral guy. he seems like the best looking guy or the best looking gal on campus . everybody wants to date her. everybody wants to know her, everybody wants to invest with her. and he doesn't want to come out and say, oh, i'm choosing you. he seems to be choosing everybody. i think he almost needs to keep that track. and this thing with black water concerns me a little bit. what do you say? i think the framing is really accurate. i think a movie has a real balancing act before and then it has to balance between china,

which is an important neighbor. and uh, you know, uh, uh, economy with which it trades. mm hm. it has to balance show as being a traditional ally. and it also has to balance with the united states which for at least a decade. 15 years has been trying to pull it into a coalition called a quad in order to wage and can wait for and contain china. so that's a very difficult challenge. right now what we see is there is a movement for the us to really try and call india into its geo political market, primarily as part of its defense industrial supply chain. that is a very deliberate and very intentional project that the us has including the manufacturer all for example. ready advance jet engines. yeah. side of india. well, water is created but, but as a potential, i'm thinking that's

a fascinating thing that you just said and i want to jump on it because i was thinking as you were saying that as long as the u. s. can do that. busy without making in the or suckering, india may be a better way to put it into having to choose. it's either us or them correct that you're absolutely right. i mean, this is the problem. the us has this idea of that is that in the us to choose, india cannot be a party to vote. it has to choose the us or china or russia. it has to be part of the us. hey jim page and monica lions, or it can be part of the b r i, the brakes and the global south multi apolo. well that is developing and i'll be honest you, i think that india may be making the wrong choice and i'll, you know, point out a few data, you know, data points here. the 1st is, although india is growing in leaps and bounds as far as economy is concerned,

all of that growth is growing into extraordinary disproportionate fashion. what i mean by that is india currently ranks a 111 on the global hunger index. it is declined north, korea, congo, jim bob white and just the head of this done and hate. so they're fun, the mental infrastructural and social needs that are not being met. and so you can talk all you want about india having a large population and a larger useful population, large labor force, but is that labor force is stunted and starved and under developed and is not going to school, then you have nothing to actually compete against. in the global economy, are you saying that is so because modi needs to come up with a better and more mixed economy,

and that he may be going too far into what, at least in this country, we would call a type, almost a crony capitalism that doesn't serve the people of the country or i think so i think there's a lot of, you know, type relations that are being built around, you know, certainly leads and also it is very, very much a new level approach to development. the thing which is really important then you point, i think you put your finger on it, you asked the question whether india can develop simply by being co opted into the us economic system here. and i think the historical record shows that you cannot develop if you set yourself up as a tenant fonda on the us mun patient, you just can't get out of that. that, that a treadmill. what an interesting uh, choice of words. i want to ask you then about this comment by china. it almost

looks like china is a little paternal. well, it doesn't look like it. they probably are preserved. i mean, 1st they get a lecture from janet yelling of all people. it's almost like grandma came over to pull your here like she did were catholic school and then they hear this and suddenly mosque is going to india to do a deal with them. and he's going to make these electric cars there instead of anywhere else. and china says, and you heard, i read the quote, i think they said that their image sure and unprepared. what do you make of that comment saying that look, trying to say our economy is mature and prepared and there is, is not, are they right? you know, i think there may be some truth to that. you know, once again, some data points china has 16 of the 20 top e, the manufacturers, another data point a china has about 6800000

e b charges me. uh, i think that the united states has about 850180000 the charges. so we're talking fact as of difference. how many of the charges does india have? it has about $12000.00 that's according to the government. and that is probably an over estimate. i've seen, you know, you don't know what the so, but why, why would that matter? test doesn't want to sell cars in india. i mean, i'm sure he does don't. but let me, let me restate that. test lot. once india as a manufacturing base where he can make cars and then get them the hell out of there and sell them in the united states and all over the world. cuz he thinks he can do it. they're cheaper. not necessarily because he wants to sell cars to india. i think am i wrong? i think the initial idea is to start to sell some. tesla's in india only to the

to and these cards will actually be produced in shanghai and then sold in india. and they'll be exempt from the, you know, the taxes, they usually live in the duties. so that's an interesting, that's is edge and, but it is true. they do want to see if they can build up some real industrial manufacturing capacity in india, especially in defense supply and also in general industrial capacity including ease . here's an example with china. show me is the latest, the chinese e. v maker. that is come online. it's originally made uh you know, phones, and now within 3 years it has created an, an e v which apparently checks all the boxes. apparently is almost flawless. it did that in 3 years, which is like going to a golf course for the 1st time and getting a hole in one. it's incredible. and they have factory produces

a new electric car every 76 seconds without being touched by human hands. it's all automated, it's all robotic. and so that you can see is an example of the maturity if you will, as opposed to india where, you know, a lot of the work is still manufacturer. it's, you know, i t so no manufacture nothing against art useful, manufactured. it's extraordinary. but india helps breaks and textiles leathers, pharmaceuticals and it also has service industries and ip service industries. but it doesn't have that incredible logistical infrastructure. and ultimate is industrial capacity for china. so it sounds like the way you're drawing this picture, it's a pretty steep pill decline for russia. i mean for india based on the, the example that has been set by china. let's, let's leave that there. i'm going to take a break. and when we come back, i want to be able to talk to you about is just exactly how big the economy of india

is at may get still. and is everything that jeffries and others are predicting got to come true, will be right back to stay with us. the note in vietnam, the vietnam war lost it for almost 2 decades and dragged in numerous countries. not any categories now and then you don't see it now. what is all on the empty hundreds of thousands of american troops who was sent to the country to back the south vietnamese on me. i don't know about that. not much. the american soldiers miller did resist, as most of us, like the down entire villages and spread dangerous chemicals. and li

bye. all right. did the americans ever fully acknowledge what they did on the vietnamese veterans ready to forgive? yes, yes. that's the way to to the the welcome back. i'm rick sanchez, director of back and i'm talking to kj. now. we're talking about the rise of india

competition. it's getting from china, which is not a new story. some of the developments that have happened this week with huge announcements both by tesla and black rock. and then there's this when i read these figures over the last couple of days and saw that 10 trillion figure for the potential g, d p in the next 7 to 10 years by india, my job dropped, i thought, wow, but yet if the present trends continue, and at least when i look at this, i think of indians as a whole, hard working, industrious, culturally driven to succeed, educated. i'm already on track for this drug or not economy that we see. and maybe the most important thing of all is english speaking english speaking . i think based on some of those things they, they may have uh the in, on being able to achieve some of these massive predictions that we're hearing about

them. you say what i'd say that's only predicated on the assumption that the english speaking countries are going to continue to develop and need the services. yeah, if that's not the case, then it's probably better to, to learn russian or chinese. and so i, you know, i don't think that, but it's a given currently it's, it's a real advantage in terms of i t t service sector and also call centers, etc. but these, this is relatively low hanging fruit. what you really need to do in order to build a wealth, the society is you need to do literacy and education. you need smart educated people to build a wealthy society. you have to develop all human capacities because you need all hands on deck men and women. and i think that's one of the areas where you is still

behind it as 76 percent literacy and much lower for women. china, for example, has 99.9 percent literacy. and so these are really important things. the other thing is, and once again i want to highlight infrastructure. china has extra already, infrastructure, logistical infrastructure, ports, roads, rail, etc. a few years ago, i went on a trip to india and i took a boss and it was about a 90 minute bus ride. and i was wearing a smart watch, which counts, you know, your steps. and when i go to the, when i got off the bus, my smart watch said that i had taken 13000 steps. why? because my spot was getting whacked. $13000.00 times. i hope so. yeah. well, you've got least you got credit for it. i got credit for it. yes. but, but i mean,

this is just, you know, one example of how infrastructure really needs to be developed in your infrastructure education and real human development. that brings up the bottom. yes. great elite institutions, great universities. but it didn't do what china did, which was educate people at the primary level. you build up the floor, not raise the ceiling. is that i wonder though if it's while that's obviously attractive internally for a country to have its people educated. and that's probably why we've seen such an incredible rise. i was reading the numbers last night as to employment in china and what the average chinese person used to make 15 years ago compared to what they make now is like this. whereas in india, it's kinda like this, not exactly like math, i mean, pardon my, my, my charge with my hands but,

but there is a big difference. i would think then that's good and bad. if you're somebody who wants to start manufacturing and you're looking at india, you'd think, well, i could probably get it done cheaper there. i mean is self, which is that sounds, it might be an advantage for it. do you? what do you think? well, i mean, certainly it is a comparative advantage in the global labor arbitrage. i mean in use, labor is about $18.00. the cost of trying to trying to josh is 8 more tough. but the difference is that china has a more to, uh, industrially experienced. and technologically advanced workforce. and once again, you have access to incredible infrastructure, incredible supply chains that are right there. and incredible automation. as i said in china, everything is getting automated labor is getting automated when i was in china, you know, last year you know, all the deliveries in the hotel were done by robot. i mean,

it was scary. he's been here because you'd see this robot come to your door called you it greets you and then it gives you everything you need. but there's a level of automation which is already built into china because if it's incredible 5 and 5.5 g development, the india is still needs to catch up on. and you know, i wish the government would do the same thing. the chinese dig, which is develop human capacities on all levels bring everybody in and not just develop a kind of an elite society that raises the wealth of, you know, the, those who are most connect. well, that's interesting because it's a, it's a, it's a look inside the system which very few people provide. you've been very critical. i mean, i don't think you're saying there's anything wrong in essence with the fact that they are growing and will continue to grow. but you're saying there are some, some, some, some info structure issues inside that growth that someone needs to look at. fact

of the matter is because of how fast are growing. politically, moody is in a really good place. people love him there and i would be shocked to see anybody come out and, and, and, and presume to be able to compete with them at this point. and obviously we're going to be watching that election as well. okay. j. know you are a wonderful guest. what a great conversation, thanks for being such a smart guy and sharing some of that with us. we appreciate it. so before we go, i want to tell you something that we do here, and that's in conversations like the one i just had with k j. it's to try and the silo the world try and tell both sides of stories. not live in middle boxes, choose don't live in boxes either way. and i'm or extension, and i'll look for you again, right here under the

when the world's largest democracy votes, the rest of the plan is watches in an emerging, multi polar world. india's voice matters. but who will be the power behind watches, almost $1000000000.00 people decide and billions more, react, the water is a part of the, the employee would posted isn't the defense you of us and that in the word part, is it something deeper, more complex might be present good, let's stop without cases. let's go out of as

the at least 11 people including children are killed and it is really asked twice on a refugee thompson central gauntlet of the complex toll tops, $33000.00 people. any reports by human rights watch phase is ready set loose. i bruce, it entire palestinian communities and displaced many more in the occupied west spun spots. a report on one violent incident involving sense that has a garage from the video that went viral. and this is what's left from the white car, southern fire in the future. we get too much attention from the f b i, the security agencies wherever we came to the west pacific rum app create opens up the tucker.