Re:TSMC Reports Q3 Earnings [pdf]
by adventured on Thursday October 13, 2022 @11:38AM
(#33192480)
India isn't growing (projected, un huh) at 6% due to profiting from Russian exports, that's a joke.
Russia's economy is trivial in size, as are their non-energy exports.
A $20-$30 gap in the price of oil via artificially cheap Russian oil isn't the difference between India's large economy (3x larger than Russia, nearly the size of Germany) growing at -3% vs growing at +6%.
We need to put the hammer down far harder on Russia than we have so far.
India is by the way the only major economy that is projected to grow over 6% next year. That's largely due to profiting off of resell of Russian goods.
The problem is that people conflate their own moral standing with actual factual realities and unfortunately it will cost _us_ dearly.