Full Video: Can Vedanta address the problem of economic recession? || Acharya Prashant, at DU (2023)
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00:00A recession is not a very complicated phenomena.
00:03It has nothing but human fallibility is at its core, 2008, the biggest bank that went
00:10down.
00:11What was the name?
00:12So many from my I am Hamdabad batch were working there.
00:15I know the caliber of people, but intelligence becomes lame when emotions rule.
00:22Greed will totally obfuscate your intelligence.
00:26If we could invest only where there is real value, there will be no bubbles at all.
00:32But in general life also, we do not know where real value lies, right?
00:38As young people, for example, you fall for a boy or a girl and you invest your time,
00:43your money, your energy, your attention for years, don't you?
00:47What are you doing?
00:48You're just building up a bubble and the bubble will burst as bubbles do.
00:54And then you will be left awestruck, thunderstruck, what has happened, what has happened.
00:57It was a bubble.