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Apr 17, 2022Liked by Mohit Satyanand

The next ten years are not going to be anything like the last ten years. Tighten your seat belts.

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In an economy with low frictions and relatively free markets, a 21,000 Rs/night hotel would prompt other entrepreneurs to open more hotels, thus pushing the price down and generating more employment. But when opening a business, acquiring land, licenses is nearly impossible without proper 'Connections', we are left with economy that is not functioning for neither the middle class nor the poor. Hey, at least the poor have can vent their frustration by sloganeering and rioting against the muslims in the streets. Thats not nothing, right?

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