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“China’s aim is to unseat the US $ to end US Primary of #ReserveCurrency, China & Russia have untold stocks of gold & China is adopting Blockchain...” @MD_Nalapat has studied China/US for 30 years, he has unique insight, his opinion makes you think pgurus.com/prof-m-d-nalap…
“Xi jinping wants countries to have a Dollar debt with China, when they can’t repay the debt he takes over the asset #BeltandRoad “ believes @MD_Nalapat
“RBI neeeds to build stocks of gold to stabilise the 🇮🇳 Rupee, RBI need to introduce a gold window- speculators are taking advantage and taking short positions with impunity” @MD_Nalapat at 16mins
“Insider trading and insider speculation is rampant in India” @MD_Nalapat is optimistic the cleaning up will happen under PM Narendra Modi
“The natural state for the 🇮🇳 Rupee against the US$ is 45 just as the natural price for oil is $25-30... India is an import dependent economy...India is a work in progress” @MD_Nalapat
...@MD_Nalapat: China aims to dislodge the US$, the No1 Global currency also gets the lions share of advantages in business, strategic terms, softpower etc so far America has enjoyed that shine. Xi Jinping wants that advantage, Xi & Putin are relentlessly pushing towards that...
Some people in the 🇺🇸 have understood this but whether they have the systematic planning and tactics to fight and defeat it....Nalapat is not sure....
Black money is derived from serious crime
Brown money is derived from tax dodging
White money is 100% taxed money
Lets make an easy path for Brown to become White by lowering tax & compliance norms, stop all these absurd penalties which should have been discarded in the Modi era
The @FinMinIndia is in some ways out-Chidambaraming Chidambaram...
India must recognise at some stage there’s going to be a Dollar Waterloo moment...the Chinese are active, like it or not!
...@MD_Nalapat argues that Middle East oil is crucial to India, masses of Indians work there, India needs to protect her friends in GCC and to protect the Status Quo...
America has shamefully abandoned Syria & Afghanistan...
India needs to be an equal security partner with US...
If India’s energetic young are put to work in the military/paramilitary India will escape the fate of these people being defiant on the streets in a bad mood which will happen if the economy continues at less than double digit rate:
@MD_Nalapat favours a massive financial bailout
Post-Covid if 🇮🇳 economy is not handled properly it could result in Chinese Taiwanese Japanese Arab & American companies buying up Indian companies on the cheap...@MD_Nalapat would prefer to see Indian companies buy foreign companies... it’s called GROWTH & Development
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