Recently, India has been a frequent visitor to international hot news!
India is a magical country. It has always regarded China as its opponent. It has always had a dream of becoming a great country and always wants to surpass China in all aspects.
Then I saw that China is building aircraft carriers, and India is also following up non-stop. Unfortunately, our strength does not allow it. Now our third aircraft carrier has been launched. Looking at India, the first one is still stranded in the water.
is technically inferior, so let’s compare the population.
According to AFP report, United Nations predicted in a report on November 11 that the world's population is expected to reach 8 billion on November 15. The report states that India will surpass China in 2023 and become the most populous country in the world.
This may be the only place where India can surpass China. No matter what aspect it is, it is number one anyway.
This made India famous in the global media for several days. India felt that it was not powerful enough, so it added another fire, which can be said to have increased its sense of presence.
On July 11, the Reserve Bank of India announced on its official website that it would launch the rupee settlement mechanism for international trade and take effect immediately. The reason is to promote the growth of global trade, increase the global trade community’s interest in the Indian rupee, and promote India’s exports.
After seeing the news, many people said: India finally got tough for a while!
You must know that India is the vanguard of the United States in encircling China in the Indo-Pacific region. They have also formed a "Quadrilateral Security Dialogue" led by the United States, Japan, India and Australia. Everyone knows who they are targeting.
This time, India dared to risk the disapproval of the United States, which is indeed a commendable courage. I believe that the United States is now as if it has eaten a fly. It is disgusting to death but dare not say anything. After all, it wants to win over India to deal with China and Russia.
But at first glance, does this approach in India seem familiar?
Yes, this trick was only used by Russia a few months ago, but Russia was forced to do this, while India was completely "imitating the cat and the tiger"!
When the Russo-Ukrainian war started, the United States fell out whenever it wanted, and even enlisted European countries to sanction Russia. Not only did it kick it out of the U.S. dollar settlement system, it even confiscated all the money of Russia and Russian wealthy people in the West, which made the situation Russia couldn't afford it even if it had money, and Russia's credit points were completely consumed.
The desperate Russia could only resort to tricks and announced that it would use rubles to settle energy, requiring all "unfriendly countries and regions" to only use rubles to import energy. This made European countries that are highly dependent on Russian energy I was so confused that the ruble, which had plummeted to nothing after being sanctioned, counterattacked and rose sharply, even exceeding the level before the war started. It was a direct blow to the bottom of the pot.
This time, Biden made a miscalculation. Putin ’s counterattack directly weakened the U.S.’s most valued hegemony of the U.S. dollar. You lose the rice when you eat chicken. After this operation, all countries have seen a clear fact. : The so-called "democracy and freedom" of the United States are just its own words. The so-called spirit of contract is nonsense in front of the United States. It can deal with Russia in this way today, and it may use the same method to deal with you tomorrow.
With Russia’s leadership, India has the courage to announce the adoption of rupee settlement.
India has always had its own Xiaojiujiu in its heart. In this Russia-Ukraine conflict, India did not fully side with the United States. Instead, it withstood the pressure to import oil from Russia. Although the United States used both soft and hard tactics, India remained indifferent. I believe Biden has already I scolded my father and mother in my heart.
In fact, Modi is also very helpless, because most of the weapons are imported from Russia. If it unites with the United States to impose sanctions on Russia, India will lose more than it gains, and its national defense will not be guaranteed.Stop saying India is stupid. At least it can import a large amount of oil from Russia at this time. On the contrary, European countries charge prices several times higher. Under the "threat" of the United States, they are like dumb people eating coptis, and the taste is only They understand.
But if you think about it seriously, India's bullish announcement of this move actually means little. It's like the Gulf Coast announcing sanctions on Russia. You don't have much foreign trade, and it's just a slogan.
The reason why Russia dares to challenge the US dollar is that it has real hard goods in its hands, such as energy, natural gas , and it is also a major exporter of food in the world, feeding almost half of Europe. To put it simply, Russia holds other people's " Half-Life”.
What does India have? requires technology but not technology, and weapons are still "made by all nations". Do you want people all over the world to exchange them into rupees to buy Indian flying cakes and divine oil? Not so!
The U.S. dollar is still a hard currency now, because it can buy oil in the Middle East . Oil and the U.S. dollar are as close as brothers, and it can also buy Australian minerals. It is still an indispensable tool for many countries.
It’s just that the prices of international commodities are constantly rising. The Federal Reserve has raised interest rates to harvest leeks from all over the world. Now 1 euro is equivalent to 1 US dollar. You must know that in 2008, 1 euro could be exchanged for 1.6 U.S. dollars, let alone rupees. The current rupee exchange rate has fallen by more than 7%. Such consequences will directly cause trade deficit, indicating that the country's currency is becoming less and less valuable,
You say it is miserable Not bad! This is the most direct consequence of dollar hegemony.
Do you think they don’t want to abandon dollar settlement? In fact, everyone wants to do it, but they just don’t dare. Do you remember the last ones Iraq and Syria that wanted to do this? Now that the country is in ruins and the people are in dire straits, due to the hegemony of the United States, they can only choose to obey.
The United States has dealt such a heavy blow to Russia this time. I believe that many countries are now beginning to fear the hegemony of the US dollar. However, with Russia and India tearing up the US dollar before them, I believe that more countries will follow suit. They said no to the hegemony of the US dollar. As the saying goes, when everyone adds fuel to the fire, the flames will rise. When the time comes, the United States will still want to use force to sanction these countries, but it will be ineffective and will only pick up stones to shoot itself in the foot.
Finally, a friendly reminder: Modi, remember to wear a body armor when you go out in the future! Ha ha!
