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Author Topic: War will give reason to make different economics blocks east/west  (Read 200 times)
bitterguy28
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June 23, 2024, 06:52:37 AM
 #21

India is is super Economic power in east and they have no debt to pay but mostly countries are facing debt problem.
india is not totally debt free but their debt is considered to be in the safe zone as their gdp is progressly increasing over time

india used to be a third world country but is now considered to be a developing one. debts are okay as long as a country can pay it off ad can use it for the betterment of their country

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June 23, 2024, 09:19:27 AM
 #22

Op, I think USA want to be strong from any country of the World So USA did attack on  Japan because Japan were progressing and USA could see if any country go ahead from USA . USA country is Dollar and USA is controlling all the World and if you talk about debt on USA government then I will tell you ,every government take debt and Thay is necessary for country growth but I know India is is super Economic power in east and they have no debt to pay but mostly countries are facing debt problem. But debt is due government bad strategies and corruption of politicians and when politicians will not do corruption,the country will stand on its feet but it is very difficult for every country.

Basically, US is still the number 1 power in the world and they have held this position for nearly 105 years since World War II, and what they are doing is finding ways to maintain their position against opponents like China. They do not see Japan as a rival because Japan is their close Asian ally and depends on them militarily.

As for debt to the Government, as you said, that is just the Government's strategy in balancing and promoting the domestic economy. In addition, I think it is a binding strategy of great powers towards other countries, and here it can be said that the US. The US always tries to make other countries indebted and dependent on them. As for America's public debt, I think those are just numbers because they are still the ones holding the world's money printing machine, they have more than enough power to pay off debt by printing money and exporting inflation to the world. 

By the way, do you have any proof that India is debt free?

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June 23, 2024, 12:10:47 PM
 #23

Reading this reminded me of the adage that a common farmer is richer than who has a lot of money stacked in the bank because you can only get the food to eat if the farmer decides to sell for you and if he doesn't you'll die on starvation.
So I agree with you OP that critical matters such as crisis can make give reasons to attempt economic predictions. That's if you really need those basic and essential oils things to hedge defences and sustainabilities.

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June 24, 2024, 03:11:14 PM
 #24

Wars are fought because of money and nothing else, that is why to incite a war against someone else is to "wage" one.

There's no doubt that some country's going to profit off of this war between countries, and I'm seeing Russia and the communist party of China either becoming the biggest gainers or losers of this war. China's eyeing the West Philippine Sea for its resources and irreplaceable vantage position that would hold value when a war inevitably breaks. Russia has been taking a lot of Ls even from strategically weaker countries like Ukraine but you can't count them out. The US is no doubt looking for ways to find oil in the equation and earn money in the process while also annexing territories which is one thing they are good at except putting their nose where it doesn't belong.

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Today at 09:48:53 AM
 #25

Due to the military attack of Putin's Russia on Ukraine and receiving a worthy rebuff from both Ukrainians and civilized countries, the political and economic power of Russia is greatly declining, and Russia itself may completely turn into a rogue country with the loss of most of its colonies, which it mercilessly exploited in over the last century.

In this regard, states will be forced to unite into various economic, political and military blocs, taking into account the new reality occurring in and around Russia.
In the meantime, the world is taking political and economic steps that should lead to Russia’s capitulation and its punishment for its aggressive war against Ukraine.

Thus, on June 25, the European Court of Human Rights (ECHR) announced a decision on the merits of the first interstate case in the ECHR “Ukraine v. Russia” regarding Crimea, recognizing the existence of systematic violations of human rights in the occupied territories. The peninsula has been under the control of the aggressor country since 2014.

In addition, on June 25, the International Criminal Court issued arrest warrants for former Russian Defense Minister Sergei Shoigu and the head of the Russian General Staff Valery Gerasimov in connection with attacks on the energy infrastructure of Ukraine and harm to civilians and relate to events that took place from October 10, 2022 to at least March 9, 2023, as well as for war crimes of causing excessive incidental harm to civilians or damage to civilian objects. They are also suspected of crimes against humanity “in the form of inhumane acts.”

On June 26, the Parliamentary Assembly of the Council of Europe (PACE) adopted a resolution on the creation of a special tribunal for Russia. It is proposed to create it on the basis of an agreement between the Council of Europe and Ukraine.

On June 29, the Parliamentary Assembly of the Organization for Security and Cooperation in Europe (OSCE), uniting 53 states, adopted a resolution recognizing the actions of the military-political leadership of Russia and its Armed Forces as genocide of the Ukrainian people. In addition, the need to decolonize the aggressor country is pointed out.

It is not difficult to imagine what will happen to the Russian economy when it is obliged to compensate for the damage caused to Ukraine by military actions over the past ten years.

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Today at 09:58:30 AM
 #26

india is not totally debt free but their debt is considered to be in the safe zone as their gdp is progressly increasing over time

india used to be a third world country but is now considered to be a developing one. debts are okay as long as a country can pay it off ad can use it for the betterment of their country
Taking on debt to achieve progress is not wrong as long as the designation is clear enough and has a good impact on the country, but that is not what we are worried about. Rather, it is when a country cannot pay off its debts on time and this actually worsens the development of its own country in the long term. So, in any case, debt must be clear about what it is intended for and what it will be used for so that there are better results for those who take out the debt, including for the country, of course.

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