World Economy in New Era of Slow Growth: Ruchir Sharma’s FB Live
Morgan Stanley’s MD Ruchir Sharma talks about the global slowdown and rise of protectionism in India.
Morgan Stanley’s managing director Ruchir Sharma, the author of The Rise and Fall of Nations, talks about the era of de-globalisation, China’s debt burden and how India’s is “probably growing 5-6 percent less than what the government claims” in a Facebook Live with BloombergQuint.
Talking about the global slowdown and the rise in protectionism, especially in India, Ruchir says the world economy is weaker than before, prompting investors to seek safe havens. He also elaborates on what this means for India.
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