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0 sats \ 1 reply \ @Solomonsatoshi 2h \ parent \ on: India home prices set to soar, pushing millions into costly rentals econ
Having a strong culture of self determination and the scale that India has means you can choose a more independent path and that is a definite strategic advantage imo.
My home New Zealand has always been a subservient lapdog to first Britain and then immediately following WW2 the US. The banking system in NZ is made up of 4 large banks who are all majority owned by US shareholders. NZ is monetarily and militarily subservient to the US and pays tribute in part via the massive profits extracted by US banks. Politicians here claim we run an independent foreign policy but many of them are strongly influenced by US, and increasingly, Chinese business interests.
As Chinas economy comes to dominate international trade India might help balance that dominance as it may have the development potential and cultural strength to compete with China in some areas that even the west cannot.
I can understand the pain of all the nations that are carrying everything under the shade of the USA. Take Europe for example, Trump is the de facto president of the Europe as well.
Chinese economy is overly reliant on exports which has become a big deal for them. And the way china's economy has boomed, it's more likely it'll burst like Malaysia.
India is not trying to challenge any nation but building itself stronger day by day and that's the motive I see in current India's politics, culture, youth, media and everywhere.
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