Key Highlights
- Dalio further added that I’ve created leading indicators to project countries’ growth rates over the next 10 years, and India ranks the best.
- "India likely has the strongest fundamentals for the highest growth rate." His optimism on India stems from India's focus on building infrastructure, low debt and a large, talented population.
- "When you move from not having enough infrastructure to building it—across transportation, credit systems, and transaction capabilities—you create a powerful growth curve, especially if debt levels are low and talent is abundant," Dalio said in the latest episode of Kamath's WTF podcast.
- Despite this optimism, Dalio offers an important caveat.
- India’s current economic and geopolitical power still lags behind that of the United States and China, and has development ahead of it.
