Republican Prez Isolated FUMING: China, India & Russia Just Changed the Game | Richard Wolff & Michael Hudson
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POLITICAL Economist, extraordinaire , MICHAEL HUDSON says :
"US left out the POLITICAL aspect and that's exactly the dimension on which India has responded to the United States position<
the United States wants India to be a market for its food exports. The single leading guiding light of American foreign policy since 1945 is to make foreign policy since 1945 is to make other countries dependent on its grain exports dependent on its food to weaponize food. "
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https://youtu.be/MoAn1Yq2szE?si=qC2mqIu7icoEHXEd
POLITICAL Economist, extraordinaire , MICHAEL HUDSON :
"Well, it's true that Richard and I are
both economists, but the economics
discipline no longer calls itself
political economy as it does in the 19th
century. Richard and I are both
political economists but that's not
what the discipline is and that's not
how the American foreign economic
policyis conducted.<
They've left out
the POLITICAL aspect and that's exactly
the dimension on which India has
responded to the United States position.
Modi gave a very explicit
the dimension on which India has
responded to the United States position.
Modi gave a very explicit
speech saying that he is ,India is,
acting within its sovereign rights and
America's threats to punishing India
with the 50% import tariffs
is an attack on India's sovereignty. We are sovereign
countries. We can't agree to that. <
A few
days ago, India's foreign minister uh
did something that I don't think other
foreign ministers, certainly not in
Europe or even Russia or China have said
explicitly. They've attacked President
Trump personally for his policies. Not
just saying some countries want this or
the United States wants this just a
President Trump . There's a very
personal antagonism now and you can
see the tension that's occurring within
India. <
the United States wants India
to be a market for its food exports. The
single leading guiding light of American
foreign policy since 1945 is to make
foreign policy since 1945 is to make
other countries dependent on its grain
exports dependent on its food to
weaponize food. That is the core of
World Bank loan policy, the core of
US backing of dictatorships from
overthrowing the Guatemalan government
to imposing dictators all over the world to prevent replacing plantation agriculture
with growing their own food and
other things . <
The whole fight of India is saying
we are not going to let America
weaponize our food needs by having
our farmers having ourselves voted out
of office anonymously by selling out
the farmers to make Mr. Trump happy by
helping him rescue the faltering
American agriculture. <
So the America has
made a demand that cannot possibly be
met and that's what's been accelerating
Modi's
abrupt
180 degree shift with China saying well
a few decades ago even a few years ago
we had a military problem on the border
with China this is marginal this is
trivial compared to the big realignment
in trade relations between US and
China. This is just as Trump has
performed the "act of peace" by
driving Russia and China together for
the next generation. Trump has now
driven India together with China and
Russia. <
India was the weakest link of
the BRICS because so much of the
Indian billionaires have ties to
the United States. India has been so
tied with Silicon Valley and all of the
Indian computer programmers and
designers in the United States , so that though
the billionaires in India
are very pro- US , because that's where
their money is , ON THE OTHER HAND , the Indian population is
very nationalistic that's Mod's party
it's a nationalistic party .
So, you
can see that by neglecting this
political reality, the United States has
as usual done exactly the opposite
of the intended effect that Trump
announced."
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