Indian Economy Talk Snippets

Why Every Economic Theory Is A Theory Of Looting India? | Arvind Kumar

Communism.., how it was supported by India. The Soviet Union had nothing actually. They have gas and crude oil, but then they depended on India for a lot of things like fruits and most of it was tea and tobacco, is what they imported. But then we had the Rupee – Ruble trade. But the Rupee- Ruble trade was tagged against India. For example, for one time when you could buy the exchange rate was wrecked like instead of getting 32 Rupees to the ruble, they would get 38. So there was a three-way play here, between US dollar Ruble and rupee and the mafias on both sides in India and in the Soviet Union. They actually played this game. never scams, where they would create these companies, fake companies on paper just to play with the currency. The other thing that India did was to give arbitrarily high prices for the defense equipment. So it’s a Cash for Clunkers scheme. It’s no wonder that it’s no surprise that the Soviet Union collapsed right after the Indian economic crisis.

Then once the Soviet Union collapsed, we had the WTO and the globalization regime. Now globalization is exactly the same as draining wealth and getting labor. So it continues the mercantilist policies of the 19th century. The only difference of course slavery is replaced by voluntary servitude. You provide the labor, you provide the raw material, but the ownership is of course by the Western corporations which make the profits and the IMF loan for India to require higher interest rates and devalued currency.

So when assume you devalue the currency because as soon as the foreign company comes in, their purchasing power in the near future is its increase, they get more resources for the money they invest. One of the things Manmohan Singh did as part of the globalization of 1990s was to give 16 percent guaranteed profit to power companies like Enron. It’s only the foreign companies, not Indian companies. The pattern regime was tailored to help the West keep control. If you look at the WTO agreement, you will see that subsidies are banned. But then the western companies continue to get subsidies because they have a loophole there. They have a loophole which says for research purpose you can give money, you can go grants, but that is nothing but an indirect subsidy, you give it the university and the corporation works with the university and they come out they develop a drug and then they even get there, they get a patent, even though it’s taxpayer-funded money. But if India subsidizes a pharmaceutical industry, it’s going to face WTO sanctions.

Now, one of the reasons that the Western economic models keep collapsing they are all Ponzi schemes. So what happens is, what the American System, it requires a future generation to bail out the current generation. It’s completely dead driven. For example, their social security requires an expanding population to fund the retired people. Otherwise, it’s going to fail the population. The Next Generation has to have a higher number of people than the previous generation. Now, this is why, there more immigration of Mexicans. Otherwise, the banks will collapse, social Security will collapse. This is not out of love for humanity that they encourage immigration now. It is purely to support the banks.

And since the 1970s, you will see that the US has been on life support every ten years or so, they had a bailout. They had an airline industry bailout in the 1970s and the 1980s there was what was called the Savings and Loan crisis where the small investment firms were going under, they had to be bailed out, and then in 1990s long-term Capital Management a hedge fund failed. It threatened to take down the entire banking system and so there was bail out then, and of course again in 2008-09, we saw the bailout with the mortgage crisis. Now that bailout scheme is what they have perfected. What they want to do is to create, to make India pay with the next bailout. And this is the other reason that every economic theory is a theory of looting India and the way they are doing it will come to that.+


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Medieval History Miscellaneous

The legacy of loyalty by the great Mughals 

Courtesy: https://twitter.com/mumukshusavitri/status/1532261065207074817?s=24&t=rsnv1Gu82ULo9uO982zZig

1 The Mughal emperor Humayun blinded his own brother Kamran & murdered his brothers Askari and Hindal.

2 Akbar the “great” killed his own foster brother Adham Khan by throwing him down from the palace walls at Agra, in 1562. Akbar’s murder of Adham Khan was illustrated in the Akbarnama by the Mughal court artists Miskin and Shankar.

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3 Jahangir cruelly blinded his own son Khusrau as his father Akbar wanted his grandson as heir, because Jahangir was an alcoholic & drug addict. Khusrau was captured, put on an elephant & paraded down Chandni Chowk, while his kinsmen were held at knife-point on raised platforms.

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4 As the elephant approached each platform, each supporter was impaled on a stake (through his bowels), while Khusrau was forced to watch & listen to the screams. This was repeated numerous times, then Khusrau was blinded by his father Jahangir in…

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Ancient History History Maritime History Medieval History Miscellaneous

India-China Conflict: India’s Victory of 1967 and the 2020 Clash #Sangam Talk By Probal DasGupta

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The Indian army veteran and author of Watershed 1967: India’s forgotten victory over China, Probal DasGupta talks of the Indo-China relations, particularly the lesser known incidents of 1967. The present standoff in Ladakh has raised questions of war and has brought up the historic narrative between the two countries. today. For fifty years, the event that dominated our memories was the 1962 India-China war, which India lost. However, the present crisis has focused on India’s victory over China in 1967. Probal’s book Watershed 1967 has played a significant role in reshaping the India-China narrative. In this talk he discusses China’s motives and India’s options today, and how 1967 is relevant in the current India-China skirmishes.

About the Speaker:

Probal DasGupta is an Indian army veteran and author…

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Ancient History History Maritime History Medieval History Miscellaneous

Weapons from Punjab and Rajasthan seized in Maharashtra

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While the Hanuman Chalisa and Azaan issue is simmering in Maharashtra huge batches of Swords and other weapons transported from states like Rajasthan and Punjab are being seized in Maharashtra. In last few days three such cases have been registered by Maharashtra police. Isn’t it a clear message that violence is knocking on the door? The rioters being celebrated and awarded in Karnataka and the long list of benefiters from Karauli riots convey the same! Wake up Hindus!

Source: https://www.naidunia.com

Maharashtra के धुले में मिला हथियारों का जखीरा, तलवार और खंजर समेत 90 हथियार जब्त, 4 आरोपी गिरफ्तार। अजान को लेकर राज ठाकरे की होने वाली सभा के लिए, राजस्थान से भेजी जा रही थीं तलवारें।

महाराष्ट्र के धुले जिले से भारी मात्रा में हथियार…

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Ancient History History Maritime History Medieval History Miscellaneous

One more territory lost to the changing Demography! The Uttarakhand!

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Courtesy: https://twitter.com/anshul_aliganj/status/1517047053821825025?s=21&t=m0uR2PDEkJsDWLonYOQqAg

In Uttarakhand the Tourism Industry has been taken over by Samuday Vishesh. After the change in demography this was bound to happen.

Gadhwal was lost already and and now kumaon getting lost. Be it Nainital, Bhimtal, Ramnagar, Bageshwar,Jageshwar,Ranikhet and Kisano every where you will find them.
Locals have leased their hotels and restaurants to them.

Even when they are of not so well off background still they are able to do highest bidding and are able to get the hotels on lease.
Samuday Vishesh People from far off places have come and taken over Uttarakhand Tourism.

They have removed the local waiters , cooks and…

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Ancient History History Maritime History Medieval History Miscellaneous

The Jama Masjid of Ahmedabad on the glorious Bhadra Kali Mandir

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Source:
https://www.booksfact.com/archeology/jama-masjid-ahmedabad-bhadrakali-temple.html

The Jama Masjid in Ahmedabad was originally A Bhadra Kali temple. It was converted into a mosque by Ahmed Shah I. The intricate flowers, coiled serpents representing Kundalini and bells, the remnants of the glorious temple that it may have been. Such carvings are banned in Islam. This goes on to support the history of the temple. Goddess Bhadrakali was believed to be the Nagar Devi of Ahmedabad.

One of Ahmedabad’s ancient names was Bhadra which was after Devi Bhadrakali. Ahmedabad was named after Ahmad Shah I of the Muzaffarid dynasty who forcibly captured “Karnavati” in 1411.

Bhadrakali temple is believed to be one of the oldest temple of Ahmedabad and located inside Bhadra Fort in center of city.The exact date of construction is not known but as per the evidence this holy shrine…

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Ancient History History Maritime History Medieval History Miscellaneous

Facts about Mahmud Ghazni

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Courtesy: Eztainutlacatl

How many of you know that Mahmud’s father was a Kyrghyz Buddhist caught in childhood and converted forcibly? How many know that Mahmud is called Zabuli because he was born out of a forced union between that slave Sabuktegin and a Zabuli Princess?

And how many of you know that Multan sided Mahmud against the Shahis in the name of religion but Mahmud decided Multan was not Muslim enough and attacked it? And how many of you know that of the 17 raids of Mahmud, 14 are against his neighbour, the Shahis?

And how many of you know that Mahmud is not exactly great – he waged an annual jihad against India but in 31 his year rule, only 17 raids are known – what happened to the balance 13? And how…

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Ancient History History Maritime History Medieval History Miscellaneous

Kastur Ba: the secret shadow

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On her 153rd Birth anniversary

Courtesy: Sheshapatangi1

https://twitter.com/sheshapatangi1/status/1513352430250995715?s=21&t=i81i06F0q8_Wv8EeFTvdjg

“I simply cannot bear to look at Ba’s face, the expression is often like that of a meek cow and that in her own dump manner she is saying something” –
MKG

To keep the brand, “Mahatma” popular, they never told the miserable story of his wife.
On her 153rd birth anniversary, let us revisit a tragedy called #KasturbaGandhi.

Born on April 11, 1869 at Porbander, Kasturba was elder to Gandhi by 6 months, she married Mohandas with whom she played since her childhood.

Gandhi’s rejection of Kasturba came to the extent…

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Ancient History History Maritime History Medieval History Miscellaneous

My people uprooted

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Courtesy: Shri Tathagata Roy

HISTORY.
8 April 1950 a fateful pact signed betn Jawaharlal Nehru & Liaquat Ali Khan,PM of Pakistan. After 2 months of Govt-engineered pogrom,slaughter, rape of Hindus in East Pakistan. Estimated 50,000 Hindus killed. An instance of incredible political stupidity on Nehru’s part.

Upon Liaquat’s glib assurance that Hindu refugees would be taken back and restored,the gullible Nehru decided that no rehabilitation of Hindus was necessary in India. Result: no refugee went back and were forced to live under inhuman conditions in Indian camps.

The Pakis were so insincere about the pact that their Govt issued secret instructions not to restore any Hindu to his property. Even after the pact all Hindu passengers in down Assam Mail were pulled down and killed just outside Santahar station.

The two Bengali ministers…

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