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Episode 67 - Demystifying Rs 2000 note withdrawal, TCS, LRS & managing finance with Monika Halan

ANI Podcast with Smita Prakash

00:00

The Debt Bubble in India

Banks will give me a credit card. Even if I can't fill up the... No, no. Will they know that we are not able to pay? They will. So America doesn't like regulation. Look, it's essentially in DNA, it's like a cowboy world. Super capitalist, yeah. Also, like guns and horses. Is an element of that as well. To basically buying homes that you can't afford. And debt cuper, debtcuper, debt grow. And the whole bubble comes blowing up.

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