To think of a possible and simple explanation for the question, you have to first quickly read this article of the famous American economist, Paul Krugman: https://finance.yahoo.com/news/remember-u-doesn-t-pay-204354371.htmlhttps://finance.yahoo.com/news/remember-u-doesn-t-pay-204354371.html ….. “Most historical examples of debt crises took place in countries that borrowed in another country’s currency”… says Paul Krugman. What a diabolically ingenious way indeed to defendContinue reading “Why India transferred its Gold reserves kept in UK Central Bank vaults since 1991 back to its domestic vaults?”
Category Archives: Geo-Political
What makes Chinese people different from us Indians is what distinguishes “atma nirbhar” from “pate bharo”.
To me the most interesting passage in the above Foreign Policy article is this: “In its first phase, Wang writes, industrialization “took off in situ.” Rather than moving to cities, farmers began to work as industrial laborers in their villages. “By the mid-1990s, 40 percent of China’s rural labor force was producing industrial goods inContinue reading “What makes Chinese people different from us Indians is what distinguishes “atma nirbhar” from “pate bharo”.”
After “rajasuya” and “vajapeya yagnya” in this decade, will India witness “Ashwamedha yagnya” also in the next ?
https://indianexpress.com/article/opinion/columns/india-superpower-gdp-growth-9316934/lite/ Bibek Debroy, the economist who has served in India’s apex economic think-tank Niti Aayog, may not get nominated for the Nobel Prize in economics, but “the way he weaves economic facts with our Puranas and Niti Shastras makes very interesting reading”, said a friend of mine with whom I had shared the above articleContinue reading “After “rajasuya” and “vajapeya yagnya” in this decade, will India witness “Ashwamedha yagnya” also in the next ?”
“The People Vs Democracy”: In the court of the Hon’ble Sir Winston Churchill
The latest Pew Research Survey, summarised in columns of The Hindu today dt. 4 March 2024, reports that more than a third of the world in terms of number of nations — and much more than half in terms of population size— has already lost faith in Democracy as a system of governance. Zoom inContinue reading ““The People Vs Democracy”: In the court of the Hon’ble Sir Winston Churchill”
A Theatre of the Absurd in the world of Western Diplomacy
Two years into the War that has set Ukraine aflame and is nearly destroying the country, America and the EU — so-called NATO allies — now seem to be dancing around each other in a macabre embrace of death. Last week President Macron embarrassed President Biden by dropping a diplomatic grenade at a EU summitContinue reading “A Theatre of the Absurd in the world of Western Diplomacy”
A symptom of America’s creeping crisis of confidence
This colour coded map of America above that appears in the latest UK Economist magazine is so intriguing. The trend of home-ownership Vs home renting it tracks is truly mind-boggling. Such a sea-change in the complexion of the housing-industry in America in a matter of just 3 short years ?!! What happened? What are theContinue reading “A symptom of America’s creeping crisis of confidence”
It’s not a general election in Pakistan … it’s the Generals’ election
‘Pakistanis protect your vote’: Imran Khan’s PTI says results withheld due to ‘historic win’ of the partyhttp://dhunt.in/SIKFu By Business Today via Dailyhunt Election in Pakistan has the unique and multiple distinctions of being held in a In spite of all the above, let it be known that Voting in Pakistan will either tomorrow, or veryContinue reading “It’s not a general election in Pakistan … it’s the Generals’ election”
The deep fiscal “s*^#” America is in !
If you looked carefully at this info-chart below you will not think twice about agreeing with the title of this blogpost of mine : America’s budget is a mess: expenditure exceeds income 28% or by $1. 7 trillion ! It must borrow $1.7 trillion from itself … print paper money , that is … toContinue reading “The deep fiscal “s*^#” America is in !”
Go find a “Smarter Way” to deal with Terrorism
I watched the below video on X and that’s why I titled this blog of mine with the words , “O Ye Israel, find a Smarter Way to Deal with Terrorists” Attacking innocent Jews on the street is “spread of poison” and bombing the life and daylights out of innocent Palestinians in Gaza city isContinue reading “Go find a “Smarter Way” to deal with Terrorism “
“The Gaza Canal”: Conspiracy Theory? Or, grand geo-strategic plan ?
This lady in the video has quite an interesting take on the underlying and publicly not-so-very well-known reason for the Israeli military move to extend its control over the entire Gaza Strip territory. It might sound like a conspiracy theory but many of its aspects seem not implausible … well… not to me, at least. Continue reading ““The Gaza Canal”: Conspiracy Theory? Or, grand geo-strategic plan ?”