India vs. China vs. US: Who Wins the Next Decade? | WTF is Finance | Ep 1 ft. Ruchir Sharma
13:00Whereas, the way that growth is created, is by creating the infrastructure, that you create the infrastructure and then let people thrive13:08and do what they want with that infrastructure, which means build the roads, build the ports, build the, you know, highways and stuff.13:15So, that's what the East Asian model was. No welfare state to start with. Whatever the government spent on, it's spent on building infrastructure.














