Re:India's Central Bank Announces International Trade Settle...
by jmoak3 on Monday July 11, 2022 @02:13PM
(#32059646)
Someone on this forum recommended Peter Zeihan's The End of the World is Just the Beginning, a book about the unraveling of (American-led) Globalism. This seems to me like the next inch towards that reality.
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Re:India's Central Bank Announces International Trade Settle...
by kylehotchkiss on Monday July 11, 2022 @02:27PM
(#32059821)
Significant increase in yuan or euro based settlement would represent an unraveling, this is primarily a utility for India to streamline Russian energy imports.
Re:India's Central Bank Announces International Trade Settle...
by jmoak3 on Monday July 11, 2022 @04:46PM
(#32061595)
I agree with the first half, but I'm under the impression that streamlining Russian energy imports means that the USA's ability to exert soft power is weakened, which is a smallllll step toward unraveling of the US-led world order.
IMO, every day that Russia continues to function is a signal that there is blood in the water: that other countries can once again pursue aggression.
Re:India's Central Bank Announces International Trade Settle...
by bamboozled on Monday July 11, 2022 @05:23PM
(#32062077)
Everyday India imports Russian oil it comes closer to helping the end of civilisation as we know it and probably the end of India in sooner time. Look at the insane heatwaves they’ve had this year.
Climate crisis is real.
Re:India's Central Bank Announces International Trade Settle...
by ksquarekumar on Monday July 11, 2022 @06:23PM
(#32062846)
As opposed to buying US oil, which would not have these same repercussions?
What are you on about?
Re:India's Central Bank Announces International Trade Settle...
by bamboozled on Monday July 11, 2022 @09:02PM
(#32064291)
It's about buying any oil and how it's a stupid thing to keep doing and spending time on.
Re:India's Central Bank Announces International Trade Settle...
by kylehotchkiss on Monday July 11, 2022 @09:29PM
(#32064481)
fwiw, there are pretty decent EVs hitting the Indian market.
Car: https://nexonev.tatamotors.com (~22,000$ before tax) Scooter: https://www.atherenergy.com (~1,700$ before tax)
Most private drivers aren't doing hundreds of KMs per day so these lower cost models could help accelerate adoption. There isn't as much hesitation about switching from gasoline since it was never super cheap nor did they have much of a Truck Yeah! culture