ravishingravi Posted March 10, 2023 Posted March 10, 2023 I definitely didn't see this coming. This is in some ways bigger than peace accord between Israel and Saudis that was pulled off by Trump. West is in disarray. https://twitter.com/KSAmofaEN/status/1634180277764276227?s=20 https://www.cnbc.com/2023/03/10/arch-rivals-iran-and-saudi-arabia-agree-to-revive-ties-reopen-embassies.html mishra 1
Moochad Posted March 10, 2023 Posted March 10, 2023 Well MBS seems like a relatively progressive leader for the Islamic world. He seems to be combatting a lot of the extremism in Saudi.
G_B_ Posted March 11, 2023 Posted March 11, 2023 China wants to break the petro dollar. ravishingravi 1
ravishingravi Posted March 11, 2023 Author Posted March 11, 2023 Probably the first signs of new world order. How does India navigate ? Opportunities and risks galore. Stay non committal. Get to $ 10 trn. Then we have seat at the table.
randomGuy Posted March 12, 2023 Posted March 12, 2023 (edited) 2 American banks (svb and silvergate) failed... I think for now American inflation will be contained but future looks increasing difficult National debt will soon be $35 trillion this year. US Govt. Net annual income is 4.5 trillion usd ...5% annual interest on 35 trillion is 1.75 trillion... but their debt is growing very very fast ..soon 35 trillion will be 40 trillion and more.. No government in this world including Indian govt can pay it's debt actually...but US debt to GDP is much higher and is sustained by 1. dollar reserve currency 2. Sought after Immigration destination. In addition USA has vast land and natural resources, gold reserves and many more strengths.. The near future will be about India's ascent as we come from a very low base...can easily see India becoming a 10 trillion usd economy...usa still has 25 trillion GDP... whether we will overtake usa, china in next 25-30 years is the interesting question. Edited March 12, 2023 by randomGuy ravishingravi 1
gattaca Posted March 13, 2023 Posted March 13, 2023 How can they get around sanctions on Iran ? China controlling world order bad news for india and many countries. The communists don’t have heart for other countries. Interestingly Saudi and U.S. relations are weakening. US didn’t do much with khasoghi hush up wonder what is bothering Saudi.
Grand_Design Posted March 13, 2023 Posted March 13, 2023 The dollar as the de factor solereserve currency has to end. It is strengthening whilst other currencies are weakening significantly. We need to negotiate trade deals with other countries and minimize the use of the dollar ourselves. ravishingravi 1
mishra Posted March 15, 2023 Posted March 15, 2023 On 3/11/2023 at 5:35 PM, G_B_ said: China wants to break the petro dollar. More like Biden wants. Energy was traded in USD, then suddenly, Ukranian decided to block river water to Crimean region and Biden told Russians you cant sell energy in USD.
kepler37b Posted March 16, 2023 Posted March 16, 2023 On 3/10/2023 at 8:12 PM, Moochad said: Well MBS seems like a relatively progressive leader for the Islamic world. He seems to be combatting a lot of the extremism in Saudi. The elite of middle east clearly know that their masses are retarded. Assad, Saddam Hussein, MBS, Gaddafi etc.,. Moochad 1
Moochad Posted March 25, 2023 Posted March 25, 2023 On 3/16/2023 at 4:32 AM, kepler37b said: The elite of middle east clearly know that their masses are retarded. Assad, Saddam Hussein, MBS, Gaddafi etc.,. It's not a surprise that once these countries get 'freedom & democracy' they suddenly become extremist hellholes.
Tibarn Posted March 31, 2023 Posted March 31, 2023 While I think the world is indeed heading toward becoming more multipolar, I don't think China is in a great spot based on new information coming out of there. Their population looks like it is going to drastically shrink soon, yet their per capita income is still significantly lower than that of the US or even Western European states. That will likely limit their economic growth in the near future.
Khota Posted April 1, 2023 Posted April 1, 2023 India needs to do two things. (1) Stick to the game plan of Atamnirbhar Bharat and march towards 5 T economy. (2) Realize China is a threat on the border and have close co-operation with US to keep the dragon at bay.
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