Hello everyone, I am learning from history. With the advancement of the Russian-Ukrainian war, although the West did not dare to go directly to the battlefield, it comprehensively boycotted Russia in finance, diplomacy, sports, culture, science and technology, etc., and even threw out the "swift", which is known as a financial nuclear bomb, to exclude Russia from the world trading system.
This directly led to a straight line in the exchange rate of the Russian currency, the ruble, against the US dollar**. On February 28, the ruble fell to 109 rubles per dollar, a drop of more than 30%. However, since Russia has completely torn its face with the West, then don't blame Russia for making ruthless moves.
Putin said on March 7 that he would draw up a list of unfriendly countries, for which Russia would allow businesses and individuals to repay their debts in rubles. Putin's move surprised observers, it turns out that there is such an operation!
As a result, the European Union, the United Kingdom, South Korea, and Japan, which are happy to sanction Russia, may have their Russian debts greatly reduced, and they are really shooting themselves in the foot. However, Putin's ability to make such a big move is actually a matter of eating a trench and growing wise.
Russia suffered similar big losses back then, and it is a certain big country in the East that makes Russia suffer!
India: Outwitting Debt Louder Than Big Debt.
India was a British colony, and after the end of World War II, the wave of independence rose around the world, and India also took the opportunity to get rid of British colonial rule and declare independence on August 15, 1947. However, India was still a thoroughly agrarian society at that time, and due to the British Mountbatten Plan, the original India was divided into two countries, India and Pakistan, and the two sides began to treat each other as fire and water under the influence of the British.
Subsequently, the world fell into a Cold War situation in which the United States and the Soviet Union competed for hegemony, the United States formed NATO, and the Soviet Union quickly launched the Warsaw Pact in a-for-tat confrontation. Seeing the opportunity, India took the lead in proposing the Non-Aligned Movement, presenting itself as a third world leader, and even tried to mediate the war between Japan and the United States on the Korean Peninsula.
By the time of Khrushchev, the Soviet Union considered India's geographical location to be extremely important, not only controlling the Indian Ocean, but also threatening the Tibetan Plateau from the south. As a result, the Soviet Union began to provide large-scale aid to India, including industrialization projects, ** procurement, and huge financial loans.
From 1951, when India received Soviet aid, until it ceased in the mid-80s, Soviet aid to India was enormous. At one time, 70% of India's navy, land and air force came from the Soviet Union. The Soviet Union aided 102 large industrial projects in India, some of which eventually came into operation, providing one-third of India's steel production.
1. One-fifth of electricity.
1. 60% of the output and 80% of the metallurgical equipment.
India, however, has been careful in dealing with this huge amount of aid. India has dragged its feet on loans that are not due, and repayments when they are due, until the collapse of the Soviet Union in 1991.
According to statistics, India owed up to 11 billion gold rubles in loans before the collapse of the Soviet Union. After the collapse of the Soviet Union, the ruble **straight line**, and India took the opportunity to repay the huge gold ruble debt owed to the former Soviet Union with the devalued ruble, and paid off the debt of more than $10 billion with only $3 million, which can be called a world miracle.
To this day, the story is still remembered by Russians, and now it is the turn of the West to be counterattacked by Russia. Since the West dares to sanction Russia and suppress the value of the Russian ruble, the West can be prepared that Russia will use the depreciated ruble to repay its huge debts.
Taking history as a mirror, Putin's ingenious plan, the West is in a predicament, and the Russian ruble has become a weapon for counterattack!
The article details a series of countermeasures taken by Russia in the face of Western sanctions, and draws historical comparisons to India's clever response to the collapse of the Soviet Union, highlighting Russia's strategy of using the devalued ruble to pay off its debts. Below I will comment on some of the key points of the article.
First, the article begins with the words "Russia strikes back!."Putin's ingenious move made Europe and the United States helpless!The title is very attractive. The clever use of the headline party technique successfully aroused the reader's interest and stimulated curiosity about the content of the article.
Secondly, the article reviews the all-round sanctions imposed by the West on Russia in the context of the Russia-Ukraine war, especially emphasizing the role of the "SWIFT" financial nuclear bomb. Through the depiction of the exchange rate**, the grim situation facing Russia is vividly displayed, which provides a background for Putin's counterattack later.
Putin's March 7 statement was seen as a clever move, drawing up a list of unfriendly countries and allowing businesses and individuals to repay their debts in rubles. This strategy cleverly exploits the depreciation of the ruble to provide Russian businesses and individuals with more flexible repayment options. Here, the article uses contrasting techniques to review India's clever response to the collapse of the Soviet Union, forming a historical echo.
A detailed account of India's aid history, highlighting the massive Soviet aid to India and emphasizing India's position as a Third World leader during the Cold War. Through specific data and facts, this section shows the reader the great help that the Soviet Union has given to India, and also reveals India's calculations in the process of repaying its debts. While emphasizing Putin's countermeasures, this review echoes historical events to make the whole article more layered.
Finally, the article highlights Russia's countermeasures by comparing Russia's debt repayment processes with those of India and Vietnam. The article ends with a warning to the West, emphasizing the importance of devaluation of the ruble in the process of repaying debts, and suggesting that the West should be wary in the face of Russia's counterattack.
Overall, this review affirms the logic and descriptive technique of the article through the analysis of the key points of the article. Through vivid language and a clear point of view, the article succeeds in capturing the reader's eye and providing the reader with an in-depth understanding of Russia's countermeasures.
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