Buckle up India

[keshto patel]

Buckle up India

What is a biggest Item of export of the United states of America to the rest of the world?
Is it corn meal, levi Strauss, Rayban glasses, Coke, Marlboro? Sadly none of it!

Its US Dollar stupid!

When it comes to currency, USD is the king with the colorful crown after the EU federation has vanished out of the radar with trillions of US Dollars floating in 223 countries, (US not included with its 13 trillion economy and several trillions of cash within its borders) This factor provides a buoyancy for its monetary system.

Since more than 60 percent of the Import-export is quoted in USD, which includes OPEC and its oil (Japan quotes in yens), and those 223 countries of the world maintain 75 percent of their reserves in USD, there is nothing that is going to rattle USD in a near future.

It takes just 4 cents to print one hundred dollar bill, it means each barrel of oil costs just about two cents to US Government. Incredible yet true when you consider that USD is not even a legal tender, meaning its not backed by gold. President Nixon had delinked USD from the gold reserves in 1971 knowing fully no one is going to ruffle their feathers.

What happens if US is asked to pay back its trillions of dollar at once? Nothing!

US Government would simply say "payable when able" and nothing the rest of the world can do to remedy the situation, for it would jeopardize the global economic outlook which would be in chaos, should there be any direct confrontation between the creditor and debtor (USA -- the most heavily indebted country of the world which owes in trillions) there would be a domino effect. If the engine of the world growth fails, the world economy would collapse in default.


And the USA has realized this!



Thus the US monetary hawks (FEDS) are silent on paying back their trillions, they don't have minor intention of paying back such a humongous sum which carries about 245 billions in interest alone which the USA coughs up every year, yet keeps on borrowing half a trillion every year to stay afloat on books at least.

China has 175 billions in treasury bonds of the United States along with Japan which may cut both ways, one being that, it (China) might be thinking it would have the leverage, should it legally choose to dump those securities at once.

But on the other hand, US lets in billions of Chinese cheap imports by closing its eyes, and this could change drastically, it could stop it with one presidential decree of the United States. But this would not happen for the sake of global economic harmony, against which every nation small or big would stand to loose, Japan and Germany included.

Cuba and Venezuela are trading barter by not involving US Dollar which would involve US banks and this irks the State Department who are after senior Chavez, while poor Fidel is on his last legs anyway.

One of the biggest reason that US invaded Iraq was that Saddam had said he would stop trading his oil in US Dollars, reckoning that Iran might follow the suite and erode the USD, it attacked Iraq as we know, there were no WMDs neither Al Qaida involved.

US, with its 13 trillion economy is collecting enough taxes from its citizens and thus is in a position to squander the money on future wars with no questions asked, considering that Iraq war was illegal yet nobody is ready to impeach Mr. Bush.

As far as India is concerned, the US of A is just providing a lip service and nothing else to it, whereas on the other side they are providing sophisticated avionics and nuclear delivery platforms to our arch rival Pakistan who is busy burning midnight oil to somehow destabilize us Hindus.

Is it not a mockery that a terrorist country with a tin-pot as their head be known as US friendly with NATO assistance and India being declared a flawed democracy ? http://www.rediff.com/news/2004/mar/10rajiv2.htm

Keshto's Crystal Ball has more to it than what meets the eye on US-India relation of charlatan nature involving subterfuge. India is Lucky that US is busy within Iraq, Afghanistan, followed very soon by Iran.

US is not going to go back on its goal of depriving Indians of their rightful place under the Sun by coming up with Joshua Project, declining support for India's candidacy in UNSC, denying it dual use technology, nuclear fuel for its reactors for energy and other coercive/diplomatic veiled threats delivered from time to time.

US has got all the monetary muscle and the resolve, both the ingredients are crucial to invade any country. India's top echelons have already probed US intentions of malafide nature towards India, hence our General Padmanabhan wrote a book -- The Writing On The Wall reads: “India Checkmates America 2017”. When our top brass writes such book with a foresight who clearly says "US will prove to be a threat to India," we must imagine what is coming ahead within couple of decades.

But are we prepared?

There is a secret understanding of US top brasses with Pakistani hawks to destabilize Hindu India with its (US) nod and wink. UN designated terrorist Dawood Ibrahim who also has his foot prints involved in Sep-11 is left untouched by USA why?


Because its in US interest to diminish Indian progress, it wants India to be destabilized, Hinduism eroded, replaced by Christianity. And this is what exactly Dawood with ISI and his henchmen in India is doing -- fleecing Hindus with phone calls, sending RDX, pimping our top film actresses to shaikhs of UAE, sponsoring Islamic terrorism through remote control and what not. And this is exactly what USA wants Pakistan to do vis a vis India, to make its (US) job easier.

What you saw in the news of how a British newspaper did a sting operation on Indian call center is a tip of iceberg of what is about to surface in the later months. There is a conspiracy to destabilize Indian call centers and its outsourcing industry beyond recognition. There are many state forces involved into it, key among them from London and Washington. Against this onslaught, Indian security forces should do their own sting on call center employees, they (employees) should be made aware to not fall under any trap before hand, there should be stiff penalties coupled with prison term for such an employee to save this industry from being poached by foreigners who envy such a novel concept that Hindus have come up with great success.


Its time Indians brood about it!
By thinking 3D
Keshto Patel

[kunal]

hi keshto..the articles u post are great but wanted to ask u this since along time..where do u get all the stuff from...dont tell me u read the news and then sit in your lab and join the pieces to make up the puzzle..!!! :confused: wherever u get it..u defintely make it sound really interesting..and no denying it is... WAY TO GO... KEEP IT UP MATE.. :) I REALLY THINK YOU SHOULD BE IN SOME MAGAZINE... R U??? WATEVA... U R DEFINELTY IN INDIA BOOK!!

[bookprofits]

Wow Keshto, you truly feel for the country and from the brain too.

Like now India is on a roll, the sensex has just crossed 8100, and there's steam yet or so they say. I should be happy but I'm not. I can't appreciate FII money building up the steam for indian industry. I wish it were indian or nrindian money so that the cream that will develop later will stay in india and not flow out. Is the kohinoor being taken again? I hope far-thinking sanity will catch up soon with us. I wish we indians took the major share of the indian story rather than all those FII's i.e. US based instns.

In this context could readers of this post encourage as many as possible to read a freely downloadable book on real wealth from the url given below. I wish all indians in india would read and begin to believe in their own possibilities rather than getting hooked the illusory wealth supposedly emanating from the US?

Jerome:
The url is http://www.freebookongettingrich.com it's just a basic site meant
for all the indians who are searching for wealth and looking west while doing so!!!

[observer]

Interesting insights about the way USD remains prominent but the post degenerates into paranoid ramblings and religious chauvinism as is seen unfailingly everytime from the author. I'd much rather see a successful and strong India which includes all its constituents because there is no Hindu-only India today and all what we are is a result of various confluences, not the least a Christian, Western origin English education and academic training.

[Puneet Sood]

First of all I shall like to congrat Keshto patel for his insight into the matters of international affairs. He has raised a question as to why US prefer Pakistan over India and himself has provided the answer. Please note that Pakistan was created by the British because they knew that much of India's energy will be spent in controlling the menace called Pakistan. As it seems that their calculation was right. But in due course India has forged ahead after liberalisation. Indian companies are second largest foreign investors in UK. Also Indian community like the chinese one has proved that they mean business.

As he has said that the efforts are on to sabotage call centre industry, but I think that the time is coming up when they will realise that they can not work without India. The employees of the call centre industry have to make sure that the information does not get leaked.

Also India is going to be medical research hub of the world in the near future. But in this case there has to be one more precaution that poor people of India are not treated guinea pigs to test the drugs. In this case laws has to be more stringent and strict implementation of the law has to be done. As there has been such cases in the west, we have to take precaution.


As far as the dollars are concerned every body knows that every country brags about the dollars it has in its coffers. If the value of dollars comes down, there will be total collapse of economies of a large number of countries. So efforts must be made to involve more and more currencies of the world so that the dependence on dollars could be reduced gradually. Although it must be done in long term not in short term.

[rohit khaitan]

Kesto you can also include England in the whole game. They still call themselves Great Britain. :)

USA and British have devised multiple ways to carry out their act. They have professional think tanks to carry out these activities. . Their startegies to exploit are economical social military and whatever u can think of.

Economically through hedge funds they target developing nations. Loans are extended to poor countries on really stringent terms. There have been instances where in countries as poor as nigeria has been asked by the world bank to open up their economies for banks likes city bank (city bank has more reserves then the total GDP of nigeria). And they were coerced to do so to get their loans sanctioned from world bank. The unfair terms of trades dictated by US and many european countries to the rest of the world in every other round of world trade summit and its repititive failure are here to by witnessed. They try to give unfair advantages to their farmers and comapnies at our cost. And they use carrots like a permanent seat in UNSC or something or the other to make us dance to their tunes.

Militarily they ensure that every neighbour in the world despise each other and keep fighting. Thus making room for the sale of US manufactured weapons while destabilizing their own economies. Nuclear deal with India, Supply of weapons to pakistan. Raising of Al quida to destabilise russia and then declaring osama its biggest enemy are some egs. to quote. The same USA sometimes support iran at other times iraq. Then israel then palestine. Then north korea or south korea. Sometimes pakistan is called their ally in war on terror. At other times India is called a democratic state while pakistan a rogue state to keep india guessing. :) Then again kashmir becomes a disputed territory in the eyes of US and the terrorism there a war for freedom.

Socially the surreptitious activities are carried out by many christian missionaries. But they are not every effective here as they cant do much. And I believe there are very few people in these missionaries who are hard core. Others have realised the virtue of secularism.


How many innocent people get killed in iraq or israel or kashmir or anywhere in the world in not their problem after all. Their companies should make money and more and more of it. The rule is simple. And they should be the bosses of the rest of the world.

They have the power and the muscle and they have the head to exploit it. We cant deny it.

We need to get as cunning if we are to survive and before being good to others we need to save our own heads. Kesto u sound a little unsecular but in a way i agree with you.

We have to keep in mind one thing. Whos the greater threat? The best way to go about with pakistan is to contain them instead of fighting them. WE can seal our borders and tighten security if we want to. Its just the political will power that is lacking.

However I dont see India as a threat to USA in 2017 or anytime in near future. We have a large population and a large demand for good and services. But how we manage to keep the fruits of this demand within our country is a big question.

We still choose to buy a pizza for 250 rs from dominoes or pizza hut. And unknowingly we pay preimum to someone sitting far out there in USA. We still prefer coke over a locally manufactured fruit juice. Reasons being we never marketed our products so strongly and branded them. But we r getting competitive. How competitive we get in the future remains to be seen.

We are still dependent on teh supply of arms and ammunitions on western countries. We still dont have basic infrastructure. We still dont have the percentage of educated population above 90.

They are cunning alright. But we also have a lot to learn from them. And we need to grow fast in teh coming decades if we want our rightful place in the world. And most importantly we will have to do something about our petty problems at home. We need to get more secular fast.

Its good for us if Al Quida keeps its focus more on US. Its good for us if fundamentalist islamic groups think dubyaman is their bigger enemy. If we have two enemies its good if they fight among themselves. Instead of we fighting with them.

To sum it up i look forward to ur posts. They are insightful.

[Neo]

Why do we always have to blame others for our failures?

India din't open its gates to outside world till Narsimha Rao's government. Which was better. India prior to liberalisation or India as it is now? How many people here on this forum actually have jobs because of this liberalisation.

Where does the money for these jobs come from? Is it not from software export to US and Europe? Are you not seeing changes in India because of this money? Did we have cities like Bangalore on the world map before liberalisation?

Keshto patel is paranoid by things around him. I understand that all of us want to see a prosperous and developed India but to mix economy, religion all together is absurd.

I saw some quotes on christian missionaries in India. Is it not true that these missionaries work in the tribal areas where the government does nothing. Obviously what they do is helping the poor villagers. They run hospitals ( vellore for eg. was started by an american missionary), schools and provide a decent standard of living to these illiterate and poor tribals. In return for this, they do a wrong thing i agree, by urging them to go to church and convert.
But my friends the point is, if we Indians had taken care of our so called low caste fellow brothers do you think these missionaries would have any chance?

I am a hindu and will die a hindu no matter if some christian missionary offers me the papal of vatican :) but the poor who are starving will not hesitate to convert if shown money and a better life

US definetely has always screwed up its foreign policy be it vietnam, iraq or afghanistan. But for pakistan, only we are to be blamed. We stands for our sterile government that is scared to death to tackle terrorism as it should be.
What stops india from cutting off all relations with pakistan, give a free hand to the army in kashmir to find and kill all the terrorists and to hang without trail all pakistani agents and indian traitors helping them in india?

But to do all this we need spine which is lacking. thats why every few months some F****in terrorists blows up a train somewhere with the help of some bastard traitors.

As for the quote by keshto about the dominance of US currency in world market. This is not how economies work. If US economy collapses, this would have ripple effect all over the world. Similarly if all economies around the world collapse, US will not remain what it is.

India pays back the debts it has with the Forex it earns from exports. Remember 1990 when we had to put all our gold reservers as a collateral?

Stop fuelling hatred just coz you can't see India in the shape it is. Every country has its destiny in its own hands.

[rohit khaitan]

Nobody is denying our weaknesses. Infact we are acknowledging the same. If there is terrorism in India we are the ones who are most responsible as we failed to contain it.

But.. if there is someone out there fuelling this terrorism by supply of weapons and money and the only motive is to keep the area disturbed so that their companies can profit then its a matter of serious concern for us.

Nobody is denying the that we reaped fruits of liberalisation. (whether mms's policy was responible for it or not is another question). But these fruits didnt come to us because somebody did a favour to us. It was simply because we were more competent and we could supply our goods and services at a better prices then anybody else.

And now if some lazy young man in england cries foul that hes loosing job to a man in india because he can work more hours at a lesser wage then its their problem and not ours. And if media on anybody from these countries launch a propaganda on our BPOs then we r not gullible enough to sit back and watch that nonsense.

If USA wants us to open our market for agricultural products but never agrees to cut down heavy subsidies that it gives to its farmers. Then we are not stupid enough to let our farmers be at a disadvantage.

If some co out there tries to patent Ayurvedic medicines and wants to sell it back to us at huge profits under their brand name.......we cant be stupid to agree to it...

We r not talking about taking a gun and shooting madly at british or americans like the stupid islamic terrorists do. We r talking about protecting our rights and fighting for our cause.