Indians thought they could become "one of them" if they played by the rules and got rich.
Take a look at the faces on this chart, notice anything interesting?
Miscellaneous News
- Thread starter bd popeye
- Start date
Indians thought they could become "one of them" if they played by the rules and got rich.Take a look at the faces on this chart, notice anything interesting?
I wonder if these coordinated attacks against Adani (and as an extension, the Indian economy) is actually serving as an indirect warning by Washington DC and London that New Delhi better tow their line WRT Russia's actions in Ukraine, rather than actually trying to kill off Adani and India's economy as a whole?
India is still a useful chesspiece for their ultimate confrontation against China, after all. Besides, I kinda doubt that the Modi administration would just let Adani to collapse from this - Adani has gotten pretty intertwined with the Indian government and the Indian economy by this point. "Too big to fail", they say?
Last edited:
Temstar's post perfectly answers your question
Take a look at India's stock index performance over the past few years and you'll know why it's time to 割韭菜.
Adani Rout Crosses $50 Billion as Stocks Plunge by Daily Limits
How far the financial attacks goes is hard to say, can Biden really stop anything after the Wallstreet sharks already smelled blood in the water?
Last edited:
What indirect warning lol
This + the BBC documentary are pretty much a direct
this is already a major escalation. $40 billion worth of losses is already >1% of India's GDP by itself, lost within a few days. There is still room for escalation but this has already inflicted significant damage on Indian economy.
It will surpass China the moment US big finance buys the Adani group hence india for pennies on the dollar and declares it part of the US empire.. Then they will add US gdp to their own gdp.
Wait anglos buying/destroying Indian industry i think i have seen this movie already.
Well it's a good lesson that's what you get for kissing ass and forgetting your heritage Besides fundamentals are strong for India it's a nuclear power, self sufficient food wise and has decent industry, fallout is manageable if push come to shove India has enough cards to spoil western gravy train as well
Since that's the case, realistically speaking, how far do you guys think that this debacle impacting Adani and the Indian economy would go? A major contraction of Adani businesses and operations, but Adani survives? Bankruptcy and collapse of Adani? The Indian economy getting a setback comparable to a major economic recession?
Right now, I'm just wishing that nobody would be able or willing to buy US treasury bonds like how China did during the 2008-2009 GFC.
Last edited:
The way it works is the US invests some money into a country, then make a lot of noise about how they're Asian tigers or dragons or China 2 or what have you and talk up their bright future. Then once that chive has grown really big with its stock market and real estate market highly inflated they will trigger a financial crisis, causing all the share prices and real estate to fall below market value. Then they come back with money and buy up all your exchangeable value on the cheap, that's cutting the chive.
The problem is as you can see in the first step, this actually requires the US to first invest some money and they only ever have money to do this one at a time, either in several small countries clustered together or one big country like China. When they tried to cut China's chive the Chinese market was so lucrative that none of the companies heeded the call to jump ship. Always they're like "just give me one more year, I can make my big money in a year and I'm paying taxes right?" Every year is one more year and before they know it the chive is so girthy that you can't even cut it down with a chainsaw.
So now they're 31 trillion in the hole, funding one really big active war while trying to get ready for an even bigger future war. Can't get their initial investment money out of China, can't cut China's chive and are even having trouble cutting tiny chives because China's BRI is like sticking lengths of green painted rebar in the chive field. They're down to doing things like cannibalizing EU, Japan and South Korea.
Then you look at India, it's a big chive ripe for harvesting and it's got no BRI-Yuan connection to make the harvesting harder. Up to now they haven't done it because they figure they need India to counter China, but if they are disappointed with performance of India and see no hope for India to become an alternative to China then the next best thing is to cut down that chive asap and use it to plug the 31 trillion hole.
But rest assured: even if they cut India down that's still not enough to fill the hole. In fact even if they could do the impossible and cut China down I'm not sure if even that's enough to fill the hole, such is the magnitude of the hole.
Last edited: