Bharat Rakshak

panduranghari

The number 1 item imported from US and Switzerland is Gold.
The number 1 item imported from Saudi and UAE is oil
Most of the common goods we use in India like knives, pens, toys etc come from China.

panduranghari

https://www.realvision.com/

They are doing a 180$/year subscription. Well worth the money IMO. I was paying $550 until last year. Its also now on chromecast and apple tv.

Watching Jim Grant interviewing many big names itself is worth it.

panduranghari

Also put the India China trade in perespective. Let's list trade figures for top 5 countries. I know of an auto wheels factory that shifted production.to China from India. They supply to Detroit and custom wheels trade in US. Never had a complaint from them. In 2017, China generated a surplus subto...

panduranghari

Karthik S wrote:
panduranghari wrote:Well now that Sajid Javid is home minister, hopefully he will never become a prime minister.
From whose interest he shouldn't become PM?

Everyone but islamists. Ultimately he will be proven to be just another soldier of allah.

panduranghari

Well now that Sajid Javid is home minister, hopefully he will never become a prime minister.

panduranghari

Personally the article is COMPLETE BS. The child is dying, repeat dying with absolutely NO hope and the parents are completely aware of this and feel that they have the right to go to court and make demands that the courts order the doctors to act in a particular fashion. When they fail " pare...

panduranghari

Britain is truly becoming a basket case with many in servitude. Our PM was wrong in admonishing doctors to score brownie points when he spoke on sidelines of CHoGM. For too long, fundamental moral issues that should have been subject to detailed and prolonged public debate have been decided by blues...

panduranghari

Kuch bhi!! What happens in China stays in China. Juxtaposing happenings in China to India makes no sense.

panduranghari

US deep state is facing some issues due to the Trump induced trade war. I suspect they will go full throttle to back Xi's BRI. Is BRI a ploy by the London based banking cabal to start another round of colonisation?

panduranghari

The US government can do that in the US. You know how much the Indian government tried to get people to invest in gold monetisation scheme? It has been a failure as it has always been. Milton Friedman advised Morarji Desai to do that during Janata Government tenure and it bombed, then so did Maunmoh...

panduranghari

Sirji, Ultimately, one has to vote as per one's conscience. When I was living in Manchester back in the 80s, if I had citizenship, I would have voted labour. Even though a nincompoop like Michael Foot was leading the party, I just could not stand Maggie. Also one has to balance what is good for Ind...

panduranghari

Pravula ji Why would US government make gold illegal now? Ok thinking through- gold holding is illegal in US. Next step will be a increased price on black market. The bigger problem will be outflow of gold from US. And even bigger problem IMO will be all those holders of us govt bonds will wonder wh...

panduranghari

No, its funny. He probably has not heard of Executive Order 6102 EO6102 was useful when gold was legal tender. It not anymore. It has been demonetised from the USG perspective. Rickards likes to sell his well written books, I dont blame him for saying what he does. But he is not wrong. He is onlee ...

panduranghari

Which branch of the Tories? The " Leave" or "Remain" Brexit factions! Priti Patel lead faction!! ;) It may in time turn into a reality. Sadiq Khan has made no bones on his intentions to go for the top job. The Islam pasand and Islamics themselves will back him. What we can hope ...

panduranghari

A little old, I apologize if already posted: https://www.sundayguardianlive.com/world/12019-under-theresa-may-uk-india-relations-have-hit-new-low ANTONIA FILMER Updated : April 2, 2018, 11:10 AM Under Theresa May, UK-India relations have hit a new low Gautam ji, Perhaps the relation between India a...

panduranghari

TKiran wrote:....remember China had a decade of 20% + growth rate.....

https://www.thechinahustlefilm.com/videos/

panduranghari

Petroyuans crash at birth explained Petroyuan's Lacklustre Birth ExplainedEvery time I read that the yuan is going to dethrone the dollar and that China is going to monopolize the oil market in its local currency, I remember those films and reports of the late 1980s predicting the imminent Japanese...

panduranghari

Mohan Malik 马立克实事求是 @jmohanmalik · Apr 12 “The island nation is on the verge of conceding its sovereignty.” (link: https://lnkd.in/gPghgMn) lnkd.in/gPghgMn Is Abdulla Yameen Handing Over the Maldives to China? foreignpolicy.com Jmohammalik is prone to hyperbole. His pronouncements of petroyuan wer...

panduranghari

Thanks Austin. Mish talk is a good website to peruse. He is a self declared deflationist but otherwise I agree with everything else he writes. Listen to this. Real treat to listen to 3 different perspectives but same conclusion. https://www.macrovoices.com/394-bassman-cudmore-snider-market-correctio...

panduranghari

Technically speaking the longer gold is bottled up beneath this resistance level of $1355/oz, the faster the move once it does break out.

panduranghari

Todays edition of doom ***** presented by courtsey of Saxo Bank & Mish by me. Link Read the whole post. Its worth it. Some snippets. https://imageproxy.themaven.net/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2FZ7HEIPpwU0OoygMljYXV...

panduranghari

Astrology of finance presents;

panduranghari

^^^^ We need to provide debt insurance for the affected. It should work this way - country X takes on huge debt from the Chinese. After some years of making merry with Chinese money, one fine day X says "China, I am bankrupt, I can't pay you back, bye bye". China gets pissed and threatens...

panduranghari

Krishna K you are well known for your snide remarks. I won’t respond to your flame bait.

Why do you waste your time?

panduranghari

I am not writing US off. I am stating some facts which I can back with data. That is plain wrong. US is a huge and highly diversified economy. It is the thought leader in just about everything there is - technology, medicine, arts, education... It is a provider of security (which translates into arm...

panduranghari

Read the entire post and please let me know if something there doesn't add up. I thought I explained it. US is "good for the money". Chinese debt? I'm not sure how that will play out... There was no evidence of your statement in the earlier post. Hence I had to ask. US government debt is ...

panduranghari

yensoy wrote:
There is nothing surprising nor alarming here, at least yet.

Why not?

panduranghari

Chetak ji, Japan WAS critical of us, I think ( perhaps naively and maybe wrongly), they ARE NOT critical of us now. Rudradev Saar feels it's better to increase Hindu population of US, which is certainly useful. But perhaps increasing Hindu population of Japan may give exponential returns considering...

panduranghari

Sorry, but the above account does not make much sense. Notably, you do not make your capital account deficient by selling FX reserves- its exactly the other way round. :( Thanks for the reply RahulSidhu ji. I remember listening to Michael Pettis after he published his book http://press.princeton.ed...

panduranghari

I do not disagree. But Indian and Japanese interests coincide in almost (?) all spheres. It is not so with Russia. In spite of its bravado, Russian GDP is LESS than half of Indian numbers. Russia has hitched its cart to the Chinese donkey. There is nothing g for India to gain from Russia. Yes they S...

panduranghari

Blockchain - a technology in search of an application. The narrative is broken. The narrative was decentralised currency to spend without government interference which cannot be inflated away. Every single investor in this space was playing the price action with a mistaken belief that they can remai...

panduranghari

It wont be that easy as bond market are as much about trust as it is about money itself. It would be impossible to sell $1.2 trillion even if the chinese want to but lets assume they could do that than it would lead to significant change in US T bills interest rate and Stock Market will collapse , ...

panduranghari

How will china respond: 1/ sell treasuries. They own 1.2 trillion worth. - US will negate it with a stroke of electronic pen by buying up the sold treasuries. 2/ massive yuan devaluation like from 2015. SHCOMP crashed then, it could this time too. 3/ retrospective tariffs on US goods. China does not...

panduranghari

Russia is not loyal ally. Philip ji you should know by this time. Only loyal ally at the moment is Japan.

panduranghari

^^^ShauryaT sir, it's all 'dikhava' that US is fighting China. US has already done so much of damage to itself not understanding China, nothing can be done about it, only option for US now is to confine China to Indian ocean, so that it can have pacific ocean and Atlantic. G2 is the only way to ret...

panduranghari

I think the problem is ourselves - I am as guilty as anybody else. Too caught up in the rat race, the need to succeed in a new world when faced with overwhelming odds, religion takes a back seat. You captured some of the complexities and connundrums - some suggestions that is still work in progress...

panduranghari

I think the problem is ourselves - I am as guilty as anybody else. Too caught up in the rat race, the need to succeed in a new world when faced with overwhelming odds, religion takes a back seat. The daily grind gets you down in ways you do not realize. You continue with the usual festivities on sp...

panduranghari

http://www.scmp.com/news/china/economy/article/2139975/chinas-state-owned-banks-told-stop-lending-local-governments-debt China’s state-owned banks told to stop lending to local governments as debt crackdown intensifies The central Chinese government has sent a blunt message intended to dissolve the...

panduranghari

Had to imagine how someone who has lived and worked outside in 'em emerged economies, particularly those in 'em balmy temperate climes, could even contemplate returning to the heat, grime and dust.. P.S. I returned too, a decade off ago. Sometimes wonder if staying on there would not have been bett...

panduranghari

^^^Aside from cost there is a higher cost you may pay living outside of India. That is that no one lives forever. You may miss key life events of your family, particularly of parents and siblings. What values and culture do you wish instill in your children? At some point the west will digest your ...

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