With the withdrawal of 2 trillion from India, the United States has become the public enemy of the e

Mondo Finance Updated on 2024-01-29

Recently, there was news that the United States had withdrawn up to $2 trillion from India, which caused an uproar. This news makes people wonder, has the United States become the public enemy of the planet?However, it is not so simple, let's analyze the problem.

First of all, we must admit that this news is true and false, and the United States will not openly admit the fact of divestment from India. But true or not, the news has raised eyebrows. The report mentions two key messages, one is that many global manufacturing giants are withdrawing from India or directly withdrawing from India, such as well-known companies such as Foxconn. Second, foreign institutional investors have already amassed up to Rs 2 trillion in financial assets from 2023. This is a huge blow to both the Indian economy and the global economy.

Indian netizens have expressed their outrage, believing that this is part of the United States and Western countries to suppress India's rise. This happens often in places like China, Japan, South Korea, and even Europe. It makes us feel like we're seeing a familiar story. In a sense, we can say that the United States is becoming the public enemy of the planet. However, India, as a country that the United States has been actively striving for, is indeed extraordinary. There must be a deeper reason behind this.

The United States has been playing the trick of decoupling and breaking the chain, and now they have reversed their strategy"De-risking"。This strategy includes two aspects, one is friendly shoring and nearshoring, that is, moving manufacturing to friendly countries and neighboring countries. On the other hand, there is the CHIPS and Science Act, which plans to move the global high-end chip industry to the United States. Now, however, something has gone wrong with this big plan. In the face of increasing risks, capitalists and business owners no longer follow the instructions of the United States** and are rushing to protect themselves. Even Warren Buffett has hoarded nearly $200 billion in cash, which is also a sign of the declining power and influence of the United States.

The U.S. withdrawal has not only dealt a heavy blow to the Indian economy, but has also had a significant impact on the global economy. The high interest rate policy of the United States has led to a large flow of money to the United States, which is a common phenomenon worldwide. Due to the turbulent global political and economic environment, investors are seeking safe and stable investment channels, and US dollar capital and short-term US bonds have become their first choice. As a result, the capital markets of other countries are under tremendous pressure, and it is difficult to resist the wave of US withdrawals.

Still, we can't simply blame the United States for this problem. The U.S. is acting in its own self-interest, trying to stabilize its economic system by passing on inflation and debt risks. Therefore, instead of seeing the United States as the public enemy of the planet, we should think about it from a more holistic perspective.

India should recognize the reality in this case. They should adjust their development strategies as soon as possible, reduce their dependence on foreign countries, and enhance their ability to innovate independently. Only in this way can we better develop in international competition.

In the context of economic globalization, the economic ties between countries are becoming increasingly close. However, with changes in various factors such as economic, political, and technological, divestment is becoming more common across the globe. As an important player in the global economy, the actions of the United States have varying degrees of influence on all countries in the world.

In this case, we should think from a broader perspective. Divestment is not just a one-country problem, but a challenge for the global economy. We should not simply place the blame on one country, but rather think about how to address this challenge from a broader perspective.

At the same time, we should also learn from it. In the context of the changing global economy, we must remain vigilant, adjust our development strategies in a timely manner, pay attention to independent innovation, and enhance the country's competitiveness. Only in this way will we be able to gain a foothold in the global economy and achieve sustainable development.

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