Money from Rich people to Poor people -- HOW??
For any country to be successful economically it's required to have a big middle class (people who actually spend a lot within the country).
So ideally people should move from the poor to the middle class.
how to achieve this?
are you doing anything towards that? 💭
The current situation of India -- middle class dependent on the IT industry majorly. Now, if the IT industry would face major disruptions due to AI, mad Trump, increasing unemployment
Then the middle class would shrink more and eventually India's economy would go down 👎🏻.
No doubt, lots of parameters shown around the economy are already FAKE 🤥 like inflation rate.
But what all options do we have, so our middle class won't shrink!?
Happy to hear what you guys think? 🤔
Why do you think IT=middle class?
It's like the majority of middle class coming from IT background
My thought process:
We (TCS, MNCs, other startups) earn money (investments) from Western.
And then that money is transferred to employees.
These employees buy houses, pay rent, and so on. Most metro cities have similar concepts, right?
Now that said, if IT companies wouldn't make money then directly impacted these employees and then eventually to the businesses in India.
That was my thoughts 🤔 maybe I am not 100% correct??
