The United States has withdrawn 3 trillion yuan, and India s economy has encountered an earth shakin

Mondo Social Updated on 2024-02-02

The United States has withdrawn 3 trillion yuan, and India's economy has encountered an earth-shaking test!

The United States, a country that has always been on the cusp of the limelight, is now setting off an economic storm again. Three trillion dollars were withdrawn ruthlessly, and the target was India. Behind this change of face is a serious crisis in the US economy, with inflation remaining high and the rate of economic growth slowing down significantly. As a capitalist country, the United States has been oscillating in the vortex of periodic economic crises, and now their solution is to transfer the crisis to other countries through financial means.

Financial harvesting has always been a specialty of the United States, which is good at using the hegemony of the dollar to harvest the wealth of other countries through the advantages of the dollar in the global settlement system. The specific operation is to increase the deposit rate through the Fed's interest rate hike strategy to induce global funds to flow back to the United States. However, the dollar is not in circulation, and the large-scale repatriation has caused a shortage of funds in the economic market that relies on the dollar, triggering a large-scale economic crisis. In the aftermath of the crisis, countries with large amounts of dollars will be able to buy up other countries' high-quality assets at low prices, completing economic plunder.

For more than a year, the Federal Reserve has been raising interest rates in an attempt to harvest Russia and China, but these two goals, which are supposed to be U.S. targets, have withstood U.S. pressure. Russia had problems under economic sanctions, but China urgently reached out and bought a large amount of Russian energy, maintaining the stability of the Russian economy. China has taken a series of measures to reduce its dependence on the US dollar, signing a local currency** settlement agreement and slashing US dollar assets. Now, China and Russia have become difficult targets for the United States to reach, and the United States has increasingly narrow market space to find harvest.

Against this background, India became a new target for the United States. According to data from ** and financial institutions, the number of dollars in the Indian market has fallen sharply amid the Fed's continued interest rate hikes, and up to $3 trillion of funds have left India, which is directly related to the United States. There are multiple reasons why the United States is turning to India. First, the Red Sea crisis threatened the shipping lifelines of the United States and Western countries, forcing the United States to look for other markets to alleviate the internal economic crisis. Second, Russia and China, which were originally ready to harvest, have withstood the pressure of the United States economically, forcing the United States to look for new targets. In this case, India becomes the only country with spare money and not particularly close relations, and the only market that the United States can still harvest.

The U.S. approach to India has not been easy. In recent years, India has strategically supported the United States, especially in the formation of the Indo-Pacific Quadrilateral Security Alliance. However, at a time when the United States is facing an economic crisis, the lines between allies and enemies are blurred. For the United States, there will always be only eternal interests, and allies are only objects of exploitation. The Red Sea crisis has made it imperative for the United States to secure sufficient funds on the international market as soon as possible, and the planned plans of Russia and China are no longer viable. The United States has helped India strategically, but under economic pressure, the United States does not hesitate to take action against its allies to protect its own economic interests.

India is almost powerless to stop this economic storm. Although India's military is strong, it does not have an independent military industrial system, and in the event of a large-scale armed conflict, the probability of victory for the Indian army is not very high. What is even more serious is that regardless of the record of the Indian army, once the war starts, foreign capital will inevitably withdraw quickly, which is an almost inevitable economic trend. India's sovereign assets are almost entirely in US dollars, and India's relationship with other economic powers is not close, making it difficult to obtain other countries' currencies, and the global repatriation of dollars will directly lead to the instability of the Indian market. India's foreign exchange reserves are struggling to withstand the Fed's interest rate hikes, US dollar assets** are falling rapidly, and foreign exchange reserves are also declining. India is in an unprecedented predicament, and if it cannot stop the US harvest, there is a good chance that the Indian economy will be set back 20 years.

This economic crisis has shown us the harsh reality of international relations. In the eyes of the United States, the so-called allies are just higher targets for use, and as long as they are suitable, allies can also be betrayed. For India, its former supporters have relentlessly dragged India along in the face of an economic crisis. This is a harsh reality and a law in international politics. In this turbulent time, international relations are fraught with uncertainty, with each country pursuing its own interests and alliances becoming fragile and impermanent. How to maintain its own stability and independence in this great power game has become a major issue that every country must face.

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