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The podcast discusses the United Auto Workers taking on the Big Three automakers simultaneously. They explore how investors can measure automaker profits and the long-term problems for legacy carmakers. The impact of the strike on Tesla is also discussed. Additionally, the podcast covers the adoption of digital payments in India and planning dream vacations before retirement.
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- Innovation in digital payment solutions in India has enabled even small-scale vendors to accept electronic payments, driven by the need to adapt to the mobile-based system prevalent in the country.
- The staggered strikes at the big three automakers have caused disruptions throughout their supply chains, highlighting the interconnectedness of the industry and the unique strategy employed by the union members.
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Innovation in Payment Technologies in India
During a trip to India, the speaker noticed a significant amount of innovation in the payment space. Various payment solutions, such as PayTM and the Indian version of Google Pay, have enabled even small-scale vendors to accept electronic payments. This innovation has been fueled by the necessity of adapting to the mobile-based system prevalent in India due to the lack of landlines. The speaker highlights the importance of understanding the cash flow generated from sales, independent of financing options.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode