India’s Fake Diplomas | Trump's 500% Tariffs | India’s Inevitable Collapse? W/Jayant Bhandari

Hello everybody and welcome to Geopolitical Trends, where truth matters. I'm your host, Dr. Oualaalou, excited to be with you, but I'm even more excited because I have my dear friend Jayant Bandari here. We're gonna get into some discussions regarding the stock market crash in India. We're going to be talking about the nefarious activities of Indian nationals, whether here in the state of Texas, part of other, other parts of the United States, or other parts of the world. So you are in for a treat. So just take a chill out and listen to what we have to share. Let me bring in my friend Jayant. Hi, Jayant.

Um, hello, David. Thanks for having me.

Of course, as always. To those who do not know who Jayant is, Jayant Bhandari has been a US-based institutional investor advisor for many years, and even prior to that He worked for 6 years in the US Global Investor, uh, here in US. Jayant has also written on political, economic, and cultural issues for the Liberty Magazine. So I put a full bio in the description for the video, so make sure you check that out. So let's get into it right away, Jayant, because we have a lot to cover. The crash of the Indian stock market, which by the way happened just a day and a half ago, or 2 days, that is. And this has to do with the react— the announcements by Donald Trump when he gave the nod for 500 tariffs on India. So, so the way I see it, we look at the BSE Sensex plunged about 780 points. We look at a Nifty 50, which declined by 264 points, basically in general terms. The market cap, the market cap erosion of this, investors lost about $100 billion in value on January 8th. So how do you see this moving forward, Jayant, for regarding the Indian economy?

In my view, uh, David, there should have been no connection between, uh, the tariff and the Indian stock market. The reason is that the Indian stock market is extremely expensive. I have been telling my clients to pull their money out of India. I've been saying this for many years to them now. India— Indian inflation is about 6-7%, and P/E ratio of India, Indian stock market, tends to be 30 or more. So that makes India an extremely expensive market to invest in. Moreover, the dividend that Indian companies offer you is usually less than 1%. So why should I be investing in Indian companies for a dividend yield of less than 1% when the interest yield is— interest from the banking sector is about 6-7%? So it really makes no sense to me. I think Indian stock market is 5-7 times more expensive than it should be. Now, of course, the problem with Trump influences the emotions of people, and then it leads to a negative consequence on the stock market. So that is what it is. As such, if this tariff comes on India, which it might actually, which will be pretty much a ban on imports from India, I don't think Modi is going to give in to that. And he's not going to give in to that not because he's morally astute or has a spine, uh, or has views of his own. The reason is that India cannot compromise on two things. It cannot make Russia unhappy because India depends on Russia for defense equipment. But also, Modi cannot afford to make its billionaire— his billionaire's unhappy who profit from Russian oil. So, uh, Trump will fail but for the wrong reason. Uh, pretty much India— Modi will let India be destroyed but will not compromise on a few things.

So if we are to think, because here's the thing, the current volatility that I witnessed has been followed by some sort of period of significant losses over the, the past few years, a few days prior to the crash. So this is where I am, I'm seeing it going some other directions. I have a major concern here in the US of someone that I know, without getting into the details and all that, and the individual's company intend to invest in India. And I'm saying, hold on a second, do not waste your investments in India. You can waste a billion dollar investments in India. So I'm warning them It's up to them to decide. Now, here is the question that I want to ask you, Jayant, regarding this. Based on this outcome, what you just explained, is the inevitable collapse of the Indian economy a certainty?

Well, yes and no. Remember, Indian GDP per capita is less than $3,000 per capita. So Indians are already living hand to mouth., and if you delete the top 10% of the Indian high earners from the GDP, Indian GDP falls very rapidly to $1,500 per capita or less. So, uh, they are really living hand to mouth anyway. It's a very basic, wretched, poverty-ridden life of these people. So, uh, how much worse can it get? Uh, and, uh, the, the, the— so So India will continue to degrade, but very slowly, as it traces its path back to what India was before Europeans came. So that is, it will be a slow process. Indians are not fighters. They are not fighters like Iranians or Egyptians, or certainly not Chinese, and certainly not European either. So they are never going to come on the street to fight for what is right. They have never done it. They will only come to the street for religious or tribal reasons. They will never ever come on the street to fight for what is right and fight against the government for its tyrannical approaches.

Well, that's very interesting to see where this is going because I've already got a word that now New Delhi is wanting to reach out to sort of cut a deal with the Chinese. And I was warning from a way back, you cannot trust the Indian government. So I'm still waiting on some confirmation for certain information, and, and I'll deal with that later on. Uh, I want to get your take, uh, uh, Giant, on a really disturbing information coming from different parts of the world. Regarding nefarious activities by the Indian nationals. Now, some of the activities— and I have reached out to someone I know to check whether the government in India, in New Delhi that is, will be aware of certain activities. And the answer I got was yes. So let's start first, just for the community, we're going to be talking about sexual predators Indian nationals. We're going to be talking about financial scammers, the Indian that is. We're going to be talking about shoplifting, and we're going to be talking about the major one, which is an academic fraud. So, so first, let me share this screen, and I would like to have your take on this, uh, giant, please. And this one has to do with an individual in England. So, uh, individual, it's a, it's a an Indian national. Take a listen, please. So please, you have been speaking to 5 children online that we potentially know about at the moment, and I'm sure there's going to be a lot more coming forward. Certainly.

Tottenham's Justice has him as well.

You are a Wally. Certainly. I think you're gonna hit double figures, Mr. Pind. Explain what's gonna happen. Explain what's gonna happen.

Hello.

I'm going to go and call the police. I'm going to call the police. The police are going to come and they're going to crank off you because you're a dangerous homosexual predator. Sir, please, my two children— There's no point in you telling us about your two children. Your daughter, you have You have children? Yes, I'm married. Vile creature. So why are you talking to other people's children? Children on Facebook, YouTube. Are you feeling okay? Okay, I'm gonna stop this right there, John. Uh, just for, for the community, You know, it's disturbing, but I have to share this. This individual have been speaking to at least 10 children in the UK, and this vile predator was caught in a multiple hunter trap grooming British children. So this is why now the— to those who are being made aware of this want this scumbag to be out of England. What is this about, uh, Giant? How do you see this All of a sudden, we see in more than one occasion like this coming from national Indian nationals.

So David, I lived in the United Kingdom for 2 years and I'm an annual visitor to the United Kingdom. Indians historically have been a model community, model community of immigrants in the UK. They are the ones which immigrated the first phase or the second phase of Indians immigrated very well in the United Kingdoms. From what I understand, the British actually like those Indians. They were the first phase, which were industrial workers, people working for the army, and then the people who came from Africa, Tanzania, Uganda, or Kenya. They were grocery shopkeepers who, you know, thrifty people, family, inward-looking people, but very well, reasonably well respected in the British community. Things changed in the— from the 1980s onwards when the British started importing, bringing, accepting people from the Third World. Then you had the grooming crisis in the United Kingdom because of the Pakistani people, and that has— they have groomed literally thousands of British girls. Now That is also— so, so remember what happened was that you brought in the elite of India in, in the early part of the mid part of the last century and the non-elite of Pakistan as well in the later part of the last century. And now you are bringing in and starting to bring in an average Indian to the United Kingdom. So you will see more and more of these things because now the natural elite of Indians are not necessarily the people coming to the United Kingdom. There are a lot of these average people coming. They have no moral hiccups, they have no inhibitions. And at least one thing I can advise them is not to beg the way this guy is begging. At least be— at least believe in what you are doing so that you are not always begging, irrespective of whether you are doing something right or wrong.

Wow, wow. I'm going to share another video here, another clip. I'm sorry, again, this time around is from an Indian student. He's a student on a student visa into the UK. Take a listen here, guys.

I'm sorry, please, please just stop. Give me a warning, please.

A warning?

Look out the window. That's the police.

I won't do that again.

There's no warning.

I'm sorry. Too late. I won't do it.

Too late.

Please.

How long is your visa? How long is your visa?

Next December. Next December?

Well, it's just been shortened to 4 months, mate, because you're going home.

Please, please, please. I'm sorry for that. I won't do it again. Please just give me a warning. Too late. I'm sorry for that. Too late. I didn't know the law. Please, I'm sorry. Look, I'm not the police. I'm just here to speak to you.

The police are outside. What is your room number again?

201 GI. I, 201 I. Yeah, I'm so— I'm really very sorry.

I, I, I think you've just been evicted as well, huh? I think you've just been evicted.

This is student accommodation.

Yeah, that means the students here.

How long have you been in this country? For 4 months. For 3 months. Is that it? I guess so.

For 3—

I think I, I came here on September. Have you ever met any children before? No, yeah, not really. What do you mean not really? I haven't met, seen any children before. Most of them have the same height as 5 feet. I don't know what children were. That's how big this child was, wasn't it? I don't know. You said to her, how big are you? She told you 5 feet. Please, I'm sorry. Just give me the last warning, please. I don't want— I really don't have you any— There's no warnings.

There is no warnings for child abusers.

I didn't do any child abuse.

This is child abuse.

You have raped the mind of a child. I'm sorry for that. I'm really, really sorry for that. I, I did.

All right, we're gonna stop right here. So once again, uh, just for the community, uh, for you to know, this individual who's under student visa, when the police caught him, he first told them I'm from India. And when the police asked again, so, so what should we do? He said again, I am from Modi's land. So why will a student— yeah, it's disturbing, Giant. It's disturbing to me that all of a sudden we're seeing spikes of this. I've been following, I've been following now because I have something we will share with the community in a second here. What's going on right here in the state of Texas from some Indian nationals. Once again, do you think, uh, the UK should deport individuals like that, uh, giant?

Yeah, I mean, they, they have to stop bringing in such people in the first place. Why do you have to get into a crisis before you deport them? And that is what Canada and the, and the US should do as well. But unfortunately, these kind of cases will continue to go up. There's no way you can stop it.

You can—

there's no way you can explain it to them that these are unacceptable ways of living. Because at the end of the day, the Indian population is an immoral population, it's an irrational population. So it won't see it unless it gets into trouble. And then this happens that they start begging for forgiveness. There's no reason to beg for forgiveness. You knew what you were doing. So, uh, at least not beg.

Yeah, you're absolutely correct, Giants. So I'll share one more on this aspect, then we'll move into the financial scammers. And this one came to my attention not from the UK, from Ireland. This individual here, an Indian national, uh, very disturbing what he's saying. First, what he's saying is that, oh, this is how we do it in our country, meaning in India. And herein lies the problem of this predator's own word, own word, that it is acceptable to rape children. So take a listen here.

That's how we, we do it in our country. Like, this is not your country. Are you allowed to talk to kids in your country? Where you come from. Yeah, what age?

What's the age of consent in Sri Lanka for sex?

No, India.

India. India. What's it—

and I'm sorry, India, what's the age of consent to have sexual consent with a child?

It's 16.

It's 16. Same as here. Okay, same as Ireland. Here's 17. Okay, okay. So how do you think it was appropriate to speak to a child here when you can't do it in your own country?

But like, she, uh, she, she, she's here on visa or I'm a visa.

Okay.

Yeah.

Okay. And you don't work? No.

You don't work in a supermarket?

No, I don't work in a supermarket. I do the part-time job.

What's your part-time job?

Uh, that's working in a convenience store.

In a convenience store?

Yes.

Okay.

And how long have you been in Dublin?

Uh, I came in the last year, like January.

That's again, it's very, very disturbing that this individual just came into the country a few months or even a year. And all of a sudden behaving this way. And I am starting to think, Jayant, and please correct me if I'm wrong, because if I'm wrong, I'm wrong. I'm starting to think in terms that is the Modi government sanctioning this kind of stuff by allowing those individuals to just go and wreak havoc in other countries?

Well, Modi's government doesn't sanction or not sanction any of this. The unemployment crisis in India is horrendous. So people are desperate to leave the country, and this is what we talked about last time, that there are a lot of illegal migrants in Saudi Arabia, UAE, and in the West, and they are there because they are desperate for jobs. But unfortunately, uh, the concept of gratitude is not an Indian concept. They will not be thankful to the host countries. They still think that India is a supreme country, even though they were pooping in the open when they left the country. So unfortunately, they don't understand causality. They can't connect the dots properly to understand that Ireland or other Western countries have been extremely hospitable to them, have been very generous and compassionate to them. But unfortunately, this isn't going to change. And now they— Indians have come to think that India is a superpower. It's the guru, it's the leader of the world, and that Xi Jinping and Trump wake up every morning and call up Modi for advice. So unfortunately, that's the kind of indoctrination young Indians have got, and they truly believe in it.

Yeah, because that's what, to me, it's this reflection of when you hear the news coming out of India, stating about how great the— how super the status of India that is going to become this massive superpower. Then when you see the behavior of citizens, or the reflection of— I'm not generalizing here and I am not judging. It's just when you see this kind of disturbing behavior, you ask yourself, how will a nation consider itself this superpower status When you're— I remember when I went to China and I saw how the cities, the Chinese people are behaving. They are behaving normal. There is this much respect for the law, for the culture, for the tradition. And for me as a foreigner, as a visitor, I had to adhere to those laws. I had to— I had to adhere to those traditions and respect values. If I needed a question, I'll ask the police. Politely, and they helped me with what if I get lost or whatever. So my point is, when you see this kind of behavior, start to wonder, how can you expect a country like that to be claiming, uh, the status of the world now?

Yeah, so, so David, I have traveled a lot in my life, and I don't think you really need to understand the local laws. The law in my mind is very simple: don't assault, don't, don't go into private spaces of other people. Without their consent. Don't scam people, don't cheat people, and mostly you are perfectly fine. Uh, you— I mean, I feel extraordinarily free in China. Uh, you just have to be mindful that you shouldn't be doing drugs, trying to procure drugs in China, uh, even if you think you can in the United States or in Canada. And you can actually buy a can of beer and walk around in China, and it's no problems. You can buy alcohol everywhere, and you can drink wherever you want to. Just don't create a public nuisance and everything is fine. So I don't even know what social credit system of China is. I have never experienced it. I have spent months at a time in China. So, you know, the law is that it's just basic human civil behavior. That is what stays in my mind, and that works well for me. Here is the problem with India. Though a businessman in India does not think in terms of providing a value to you, he thinks in terms of transferring money from your wallet to his wallet. And if there is any value creation, economic value creation, that is incidental. So he is— even if he's creating value for you, in his mindset is that of a scammer. Similarly, when you walk into a government office, my usual sentence in my mind when I talk with a government officer is, "What is your expectation?" Which is, how much bribe do you want from me? Because that is the only thing that works in his mind. He's not interested in doing his job. He will not— he will destroy you, he will kill you as long as he can make a penny out of that event. So unfortunately, the whole Indian society— I don't refuse to call it a civilization— is based on exploiting other people. It's an oppressor and oppressed relationship throughout the country. And unfortunately, that mindset does not leave you when you have left India. And my understanding is that it becomes worse with time. People become intellectually inbred because they live and spend most of their time with people from their own community in very small groups. And then the freedoms of the West give you a freedom to get away with a lot of bad behavior. So unfortunately, their situation, their mental framework becomes, becomes worse with time. And these days, because they live in ghettos, there is no pressure to assimilate. They become worse and worse with every passing generation. But again, I must tell you, the, the first one or two phases of Indians who came to the United Kingdom were seen as model people. They are well assimilated, they are reasonably well respected in the society. But unfortunately, now you are starting to see the average Indians coming to the West.

Yeah, well, I'm glad you brought that point out. As far as, you know, we're not generalizing here, I'm not saying everybody from India is bad, that's not what we're saying. It's just, you know, like what Jayant mentioned, there were some good people, and I am sure they are. There is no No, now the point you mentioned about the, the, the, the, the trying to think in terms of themselves as a civilization, but the behavior doesn't correspond with that. So, and to me, I had a conversation with a good friend of mine in Singapore, and, and we kind of felt that they're living in a, in a vicious circle. You know how the Indian mindset is just going in a circle instead of moving forward? Then apparently it seems to be the case. So I'm going to share one clip here about financial fraud. Regard, this is here in the United States, and this individual, his name is Neil Suraj Chandran. He defrauded 10,000 investors for about $45 million. So, so let's, let me share this with you here first, and, and I'll, I'll have Jayant, uh, uh, sort of comment on this. And the point for this— and this has been involved in Las Vegas, by the way— and promised trillion from billion buyouts that never existed. So what he ends up doing, misused funds for luxury cars, dozens of Teslas, real estates, and, and so forth. Now, for somebody like this giant, what do you think should happen to the guy like that?

Well, David Oualaalou, India is a very different country than what the Western societies are like. If people defraud in India and if they get away with it, most of the people in the society praise them. They think that that was a very brave and intelligent thing to do because you stole, you scammed, and you got away with that. The only reason Indians will look down at you is when you end up in the prison. Now, even if you end up in prison because you were fighting for something right, you were against the government for something right, Indians will look down at you. So Indian concept of moral compass is very different from what Western people think the moral compass should be. The concept of right and wrong in India is completely different. Again, it is a might and might makes right society. And if you lose, that is when you are wrong in India. If you win, that is when you are right, irrespective of whether you won because you did what was moral or not. That does not matter. That does not influence the Indian mind at all. And that is what I have seen throughout the structure of the Indian society. From the lowest guy to the very top guy. Uh, and I have met a lot of very top people in my life, and they all think this way. They have no moral fabric in their minds.

By the way, I will deal with it, Giant, after recuperating the money for the investors. I'm not gonna say a word here. Picture says it all. That's what I will do.

Well, yeah, so David, in the past there used to be public punishments for people like those when the British were in charge and when the Mughals were in charge. And I think Indian mind requires a visual representation of punishment to register in their minds the consequences of bad behavior. Unfortunately, what happens in the West today is that most— all punishments are behind the the walls of the prison. So, uh, those people who cannot understand abstract concept, uh, very likely— well, actually, they require a visual imagery of what punishment is. And I think that is why Western countries should stop looking down at those countries where some punishments are publicly, uh, inflicted and, um, and are— and leave a visual impression in the minds of people.

Yeah, well, that's the— the— it, it just— it's just so disturbing. It's just so disturbing. And by the way, once again, I do not like to just pinpoint because the same fraud or similar frauds are committed by the Somali communities here in the United States. If you live in the U.S., I don't know if you're aware of it, that it was about $12 billion in fraud for this so-called daycare. This is the— that's my part of my tax dollars, some other Americans' tax dollars. So we're not just pointing fingers at Indians here. So Somalis are doing it. I will say the same rule applies on them. The same punishment should apply on them. And that's, that's the way I see it. The, the last— I think one more clip on this one here I want to share with you., with the community here has to do with the shoplifting. This is an Indian citizen, she was caught in Illinois for shoplifting $1,300 and she's begging. Her name is Jamisha Avelani. I looked into this, uh, giant. I just found out she's on a tourist visa, she's not even living here. So take a listen here, guys.

Listen, please don't— please don't embarrass me, ma'am. I think your own choices are going to embarrass you. It has nothing to do with me. Where do you live? India. Negative.

Are you allowed to steal things in India? No, I didn't think you said—

I didn't think so. So this is Anaya. This is the info she gave me.

Um, she's been in the store about 7 hours or so.

I've been watching for at least 4 hours. She's taken a ton of merchandise, different kinds. We're getting a total right now for you. It'll be well over 500, I'm sure. No, it'll be more. You're right. Yeah, I can't just pay for it. We're way, way, way past that.

You committed a felony.

Listen, I don't want to get into any trouble.

Yeah, we're—

it's too late for that, girl.

So who's—

what's— who's Jamisha? Me.

And this is— so who is—

so who's Anaya? This is my name also, but this is my Jamisha. You can see my picture. Okay, they're almost done. They're about 767. She ripped a bunch of tags off, so they're trying to find ₹767. If it is that much, I don't mind paying you. No, we're past that. If I walked out—

once again, it's, it's just, it's, it's troubling. It's troubling to see a behavior like this from a national, happens to be from India. That's— we're not judging here, but it's just the way it is.

So, uh, yeah, and, and she, and she speaks good English, so she should know what Western ways of conduct are. But also, David, what pisses me off the most is not the theft, it's about the begging. This is what Indians do everywhere, and this makes me cringe. They beg all the time when they go to a government office. Whenever they talk with a person in power, they beg. They say sir 3 times in a sentence, and it just— I find repulsive that they are They beg, beg, beg, and beg all the time. And clearly, as if people read history, India— people, outsiders were able to walk into India whenever they want to. They could do whatever they wanted to. And the only reason British left India was that they no longer wanted to stay there. Indians never fought for anything ever, and they continue to do the same thing today. They never ever fight for anything.

Yeah, it's, it's, it's becoming very, very, very clear. So, uh, one thing that just happened in Australia recently, uh, Giant, and this has to do with, uh, academic fraud by Indian nationals. So Australia declared that India now is a high-risk country as far as sending its own students, which will now face a harsher scrutiny to get a visa. I was one of those here in the US that is calling for a ban, not a, not a restrict, a ban on H-1B visa, which I'll mention something later on. So, and you have other countries also are part of this. We're looking at Nepal, we're looking at Bangladesh, and we're looking at Bhutan. There's 3 countries in addition to India being banned. Uh, why, why am I bringing this up, uh, Giant? I am bringing this up because We hear about this IT researchers from India that goes around the world and so forth. And now the fraud is being documented. Is the government, once again, and I fall back on this, is the government of Modi aware of this type of frauds? In your opinion.

Well, the frauds in academics has been extremely common and open. In India, as is the case with absolutely everything in that country. As I said, if you steal, if you scam, there's no problems in that country as long as you don't end up in prison. People will praise you, the society will praise you, and the government does that exactly the same thing. You don't even have to buy diplomas and degrees in the country. You can also send other people to do your examinations. And in fact, you know, cheating is so common that there are photographs in which there are literally scores of people climbing up the walls to help out those giving examinations with cheating. So Indian degrees are, you know, even if they are not fake degrees, you really can't trust them. You don't know what's behind them unless those degrees are from the top 10 or 20 engineering or medical colleges. Otherwise, you know, you can pretty much buy everything in that country.

Yeah, well, that's disturbing because one of the well-known universities, I think BUM, if I'm not mistaken, I, I couldn't remember the exact name, issued about 41,000, 41,000, uh, fraud diplomas. That's the university. It's a private, by the way.

If you want a degree or something, let me know. I can get it for you for about $10 or so. It's— there's no big deal, uh, uh, David. This is very easy. In fact, the, the degree of the Prime Minister of India is, uh, is, is a— is, is on a Master of Science in, I think, a whole of political science or something. So how did he get that degree when there was no course like that anywhere in the world? You know, you can go to Wikipedia page of Modi and look for his degree and it says MSC in everything in political science or something, which is absolutely ridiculous. You can get anything you want.

I did have someone who confirmed to me that the degree for Modi is fake. I didn't know that.

Well, I mean, again, there's no— no one has ever found anyone who studied with him. No one has ever found, uh, has knows that there was anything like any course like that in the university. So how did he get that degree is only God know, only he knows, because there's no one else who can— who was a witness to that.

That's unbelievable how, how it's beyond— I, I'm having a hard time just understanding that somebody can live in, in, in this manner of fraud, of, of treachery, of lies, of— and I just have a hard time.

Yeah, but also remember, Indians don't fight for anything. They won't come to the street asking their prime minister to clarify what the degree was all about. The judiciary does nothing. Judiciary works for Modi. So judiciary is not independent at all. So really, you can get away with anything, David. It's almost unbelievable unless you have experienced those things in India, you have spent time in India, you don't really fully comprehend that you can get away with rape, murder, scamming, theft, whatever you want, as long as you pay your bribes.

Wow. Let's turn to— I want to talk about Singapore, a country you are familiar with because because you did some investments there, you have some of your clients there, you've traveled to Singapore before and all that, so you're familiar with the country, Jayant. Recently, the government of Singapore, of the Prime Minister Lawrence Wong, are considering importing Indian workers. And in light of this academic fraud, of— do you think this— the government of Singapore is making a mistake, strategic mistake?

Well, David, I used to live in Singapore early last decade. I was there for a couple of years. I love that country. It's one of the best-run countries in the world. And there are actually a lot of Indian workers in Singapore, particularly the construction workers. The labor class is predominantly Indian. And the good thing is that they are reasonably well behaved, as they are, I would say, in Saudi Arabia or UAE, because the laws are very strict. They— the, the implementation of law is without any excuses, and there is no escape from those laws. But more important than anything else is that Singapore, as is the case with many Gulf countries do not give out their passports easily. So when they change their minds, removing those people is a 28-day job. So from that perspective, I think Singapore isn't doing anything wrong. There are already a lot of Indians working in Singapore, and it's a small country, so they have to keep a good relationship with both India and China. They are a trade-based economy. So In a way, they aren't doing anything wrong. I think where I find a mistake with the Singaporean government is in the fact that they invest a huge amount of money, their sovereign fund invests a huge amount of money in India. When I look at what they are invested in, I think, wow, what are they doing? Because a lot of those investments are going to lose money for the Singaporean government. I don't fully understand why they do it, but I think people, because they listen to too much of international news, they become romantic about India. They think India is doing well. The 8.5% growth rate declared by India makes an impression in their minds. They think they can grow by 8.5% as well. So unfortunately, people don't really understand the ground realities of India, and they might be sending tens of billions of to India, which will very likely disappear.

Yeah, well, I couldn't agree more, Jayant, because I'm really perplexed as to the decision of the Prime Minister Lawrence Wong. Just didn't think far enough, as you know, given that you hear about this kind of frauds and so forth.

But again, well, also, Lee Kuan Yew said that in the past, that as generations passed Singaporeans will soften up and will lose touch with the realities of life. And I'm afraid it might be happening in Singapore. The good thing, however, continues to be that they don't give out their citizenships as easily as Western countries do. So when they change their minds, they can, they can clean things up very quickly.

Yeah, well, because a recent, uh, as, as you may know, uh, 2025 saw the large number of deportation of deportees, which as Indian nationals from different countries, and the Saudis topped that with about 11,000 that they were deported from Saudi Arabia back to India. And I think, and again, that's my own opinion. I think this has to do with the fear of the Saudis from having Indians spying on behalf of Israel inside Saudi Arabia. That's me thinking. As one who worked in Saudi Arabia, I kind of understand this kind of dynamics. The reason I brought this up, Jayant, because officially I just found out 3 days ago, officially now Bangladesh is banning visas for Indian nationals. Do you think other countries will follow suit?

Well, I don't know. I mean, clearly the United States is making it very difficult for for Indians to study and work in the US. So that is probably the biggest issue with Indians. I don't fully understand why Bangladesh would stop visa issuance to Indians, except for the fact that there is a lot of crisis in Bangladesh, and they probably don't want Indians to be lynched in Bangladesh. As is the case sometimes in India these days, Chinese— I think government of India worries that Chinese would be lynched in India. In fact, one person from northeastern part of India was very recently, just about 2 or 3 weeks back, was lynched in the country because he was possibly seen as a Chinese. So unfortunately, these are very tribal people, and they maybe have to take some corrective actions which look inappropriate at surface, but to protect further worsening of the situation.

Yeah, uh, just while I'm thinking about this particular aspect, I want to share this clip here with the community, uh, just to see, uh, this now happening in my own state right here in Texas. We are starting now to be very, very concerned about the Indian nationals You know, we're not judging the entire community of Indian citizens here, uh, Indian, uh, nationals. That's not what I'm saying. It's just we are starting to see a pattern, and I've been, I've been talking to some people in the know as to the fear. So let's take a listen as to what this gentleman is saying about my state, state of Texas, regarding the fraud vis-à-vis H-1B visa. Take a listen, please.

This is the map of H-1B workers currently registered in America. What do you, what do you notice about this map? They're all in Texas.

Look at this.

In Irving, Texas, several H-1B employees were found to be working at a software development company, which, um, is a 7-Eleven.

This is an organized thing.

Indian consulting firms run by American Indians are bringing in Indian workers on H-1B, then using Indian attorneys to game the system. Several companies have been reporting they'll hire a senior developer, a senior HR, whatever, like a supposedly high-level guy. He comes in, he barely speaks any English and doesn't know how to do the job. They're scamming us. This is a civilizational scam. One company, Cognizant, which is supposedly an IT and staffing firm, 56% of their workers are Indian. The other percentage come from Canada, and all the people are Indian. They're just Indians in Canada. They're not coming from India. Spread this info as much as you can.

What do you think, Giant? You are familiar with Canada. You, you've done some financial work there. You're very familiar with that country. Is there any truth to something what this guy is saying, in your opinion?

I was once— I ended up giving a lecture in a college in Canada, and I think except for one person who was a Malay, every person was an Indian, and none spoke English. So I don't even know what I was doing in the lecture hall. Call because no one really understood what I was saying. Um, is scamming is nothing new for Indians. H-1B scams have been going on for decades. I have written about it, I have spoken about it for decades, and I, I'm actually surprised that government of the US and Canada have allowed this to continue for so long. But unfortunately, these scams continue. And as I say, David Oualaalou, when I walk into a government office in India, the first, the real question in my mind is, how much bribe do you expect for this? So that is how the mental framework of Indians is, that they are always thinking in terms of calculating what the other person wants in terms of bribes, not in terms of what value they can provide to the other person.

Wow, that's, that's, that's very, very, very disturbing in a sense of, uh, uh, it just— I'm, I'm concerned. I'm concerned, Giant. Just the trend, the trend where I'm seeing this, this headed, because I'm thinking the next decade here, what's going to become, at least of my country here. I'm not, you know, it's just me speaking here. So, uh, I wanna— yeah.

Once Trump is out, things will revert back to normal, back to the Biden days when people can defraud you. People, more and more people from the third world will start coming to the US. And I think 10 years from now, you should be thinking about leaving the US because it won't be a pleasant place anymore. It will convert into a third world country because, you know, countries in the third countries of the third world are third world countries. As you mentioned, Somalia as well, Bangladesh, Pakistan, India— a lot of these countries are third world countries because of its people. If you bring in their people, you will participate in converting your country into a third world country.

Well, you are absolutely correct on this, Jonathan. I couldn't agree more. Once again, just for the record, I am not, I am not anti-immigration. That is not what I'm advocating. What I'm pushing for or against is the idea of that my country will be used by scammers, will be defrauded while Americans are, you know, spending over 40, 50 hours, you know, breaking their back, and their taxes are going to some, some scammer somehow. That's what I'm against. And to me, when you see this kind of frauds You know, I would not hesitate. This is what they— what's need to be done, you know, no ifs and buts. Give the guy a fair day at court, give him or her a fair day in court, and take care of whatever needs to be taken care of. Because the concern where I'm seeing my country here, this idea, as I mentioned, I'll share with you quickly, guys, here before I'll turn it over to Jayant. The H-1B visa, what I'm finding out is that the individuals who are involved in this, the Indian nationals, are getting some special interest rates for mortgages. Do you have any idea how much an average American is struggling with paying his mortgage or her mortgage while an individual under H-1B visa from India is getting this special interest? Why is that? It's not right. It's not It's not right.

I didn't—

it's— I, I get upset over something like— because it's not right. It's not right, you know. If they— if I have nothing against— if they can come and work, contribute to society, integrate, you know, welcome. But to come and, and, and sort of take advantage of the resources here, I'll be the first one to tell you, pack your, your bags and get the hell out. Simple as that. So, uh, I want to check with you on a particular, uh, information that just came to my attention regarding some sort of a disease in India. But before I'll do this, I'm gonna play this clip. And please, guys, keep it civil here, but it's just— I have to show you the clips that I digged for, for you to see with your own eyes. Take a look here. Or take a lesson, that is.

Welcome to a street food scene in India where chicken brings the flavor and bacteria handle the presentation. On the cutting board sits the fried chicken ambassador. He adds a symbolic pinch of salt, then uses the same water that just finished a bacteria shift to start today's microbial production line. Next to him is his top disciple, in charge of mixing and blending different batches of bacteria. The Ambassador adds mystery powder and clumps that barely qualify as batter. Wrapped in bacteria and unknown microbes, everything gets violently thrown into the pot. The disciple steps back in. Chicken coated in batter and bacteria is lifted, slammed down, and shaken hard. Full microbial redistribution. Excess batter is scraped off his hands and sent straight back into the pot with fingerprints, grease, and resident bacteria. This is the second disciple. He handles frying. The bacteria-balanced chicken is casually tossed into the fryer, and yes, that's the same cooking water from earlier, now reused to rinse hands and bacteria together. The chicken comes out crispy and fresh, with an intact bacterial ecosystem and lands on a plate. Unsold chicken is torn apart and fried again, proving heat isn't for killing bacteria, it's for preserving history. And just like that, the ambassador's dish is done. What do you think of this bacterial symbiosis system? Rate it.

Wow, wow, it's disturbing. The reason I'm bringing this up, Giant, because I came across information and I verified it and I have the sources for it about the, uh, the outbreak of E. coli in India. So here's a picture. So, and I'm going to share with the community, uh, the link. You can read it later on, uh, if you decide to do so. And I'll ask Giant later on as I move forward here. And by the way, uh, Giant The government— okay, where, where is it? Yeah, right here. What the government— this is the, uh, what the— what they found out is that, that the Bhopal water is contaminated, and this was confirmed by the corporation's investigation report. So, and the mayor, his name is Malty Rae addresses the issue by saying that the government is taking action against the wrongdoers. Even Congress in India leaders raise concern about sewage mixing with water supply as death occur. In your opinion, Jayant, do you think once again the government of Prime Minister Modi will take decisive actions to deal with this E. coli outbreak?

So, uh, David, the funny thing is I actually grew up in Bhopal. Uh, that's where I lived my first two decades, uh, and the biggest outbreak has been in Indore where I did my engineering. I lived there for five years, so, uh, I, I know these two cities very intimately. Uh, Bhopal is seen as one of the best cities in India And Indore is seen as the cleanest city in India. So now you can do your calculation on what it means to be living in cities outside these two very best cities. So, you know, until the time I arrived in the United Kingdom, I thought that the water pipeline must be, must be inside the sewage pipeline. That is how I had always known it. The— in India, the water pipeline is surrounded by sewage. How do you think it will not eventually get mixed with drinking water? So this is nothing unusual. These politicians— I know these people very well. My— you know, I know personally a lot of these people, nothing will happen. People will continue to die. The poor people whose, whose relatives will die will take a few thousand dollars in compensation as bribes or whatever from the government and will stay quiet. And this will continue. No one— those people unaffected have no concern at all about these things because India is an apathetic society. So Again, David Oualaalou, next week, next month, next year, when you talk with me, India will be in a worse situation. Nothing will ever change about any of these things except that everything will become worse.

I recall you saying this few months ago. I remember in one of the discussions we had, and you brought this back then, and I know someone made a comment, well, he just doesn't like India. I said, no, no, no, no, no, it's not about that. It's about whatever he's seeing, he's seeing it coming. And here we are. You are absolutely correct on this. Well, we're almost at the top of the hour here, but I don't want to let you go without asking one specific question here regarding Modi with the possibility of meeting Donald Trump. Do you think such meeting will take place given the circumstances now that Donald Trump has given nod for a 500% tariffs on India?

Well, Modi apparently did not call up Trump when he was required to, and this is not because he's a strong character. It's not because— and this is how he's being portrayed in India, that Modi is just such a strong character that he decided not to call up Trump. The reason is that Modi is extraordinarily sheepish. He wants to tyrannize Indians, but he has no courage to stand up to Xi Jinping or Trump. And that is why he decided not to go to Johannesburg. He decided to go to Johannesburg only when he realized that Xi Jinping and Trump weren't going. So he's an extremely sheepish guy. He doesn't know anything. He's clueless. And so he might meet Trump eventually, but at this moment, India will likely face a 500% tariff, which will hurt certain sectors of the Indian economy. But Modi really doesn't care. He wants to win the next election. That's all that he cares about.

So nothing is going to change, basically?

Well, nothing will change in that country. You know, Modi is among the— is among those world leaders who travels the most in the world, but none of his travels is for improving India's relationship with other countries. All his travels are for internal demagoguery to show to Indians how great Modi is, how well he's perceived around the world, uh, and how respected he is. So, uh, Modi no longer is in a position to have a negotiation with the US, and Trump is humiliating Modi on a daily basis these days. I think it was yesterday or the day before when Trump came out saying that Modi walked into his office and said, sir, can I meet, can I have some time with you? Now, this is a meeting of February last year when Modi visited the United States. Trump did not even come out of the White House to greet him. Modi walked, had to, was taken to, uh, to the Oval Office to meet Trump. So Modi was so seriously humiliated that Trump did not even come to see him, to greet him, or to see him off at the White House. And again, I always say Indians should stop calling other people sir all the time. Now, David, I call people sir, but out of respect and out of, you know, just out of respect, nothing else. But this is not a sign of begging. You should— India should just stop begging and stop calling sir, because you lose all your negotiating power the moment you address the other party on the negotiating table as Sir or Madam.

You're absolutely correct, Giant. Well, my friend, we can't thank you enough for sharing your knowledge, for sharing. Oh, by the way, by the way, by the way, by the way, while I'm thinking about it, does Izzat culture mean anything to you?

Oh, Izzat is an Arabic word, which is honor. I think it's either Persian or Arabic, and this is a derivative of the word honor. And this is, you know, this is an interesting thing. I can give a whole lecture on this. There's no concept of honor in India. So it was the Mughals, when he came to India, brought this word because that was the concept of honor was an import in India. But maybe the Persian or Arabic word sounds a bit different, but it comes from those roots.

Well, thank you so much, Jayant. Truly appreciate you carving out time for my community here to hear your insights, your perspective on really where things are going vis-à-vis India and the rest of the world for that matter. And we look forward to having you again for further discussions.

Yeah, thank you for the opportunity, David. But one thing more is that in India is perceived more as ego than as honor, because the Indian mind cannot really fully comprehend the concept of honor. So it's more about ego and pride rather than honor. But thanks very much for having me today.

Oh, my pleasure. Jayant is always a treat having you here. To the community, I hope you all enjoyed listening to Giant. As always, it's a wealth of knowledge, information, and common sense. This is what I like about Giant, you know. He's a, he's a straight shooter, straightforward. So, and I hope you all enjoyed it. Of course, I will reach out to him some other time as things develop, and I am keeping an eye open on what's going on. So hope you enjoy the rest of your weekend. Be safe, and I look forward to seeing you next week. As always, remember, geopolitics impacts your daily life in more ways than one. Till next time, bye-bye.