Scott Bessent, the delusionist, accused India now of profiteering from Russian oil, buying it cheap and selling it to make lots of money. The same cheap Russian oil is now being sold to the EU for big profit by India, which the USA is obviously deeply jealous. Profiteering is another new mantra being demonized by the USA. What is wrong when there is a willing seller and a willing buyer? Did India or China put a gun to the heads of EU leaders forcing them to buy Russian oil via India and China? Why is the USA unhappy with other people's business?
What was Scott Bessent doing while he was doing his hedge fund business for George Soros? Was he profiteering by subverting other countries' currencies to make money for Soros. Maybe he can't remember or conveniently forgetting that India was just doing what he did as a hedge fund manager, making money just like him. How could what one is doing what he did before is something that others cannot do?
Scott Bessent also forgot that some Western high-end owners of luxury goods chain, those selling handbags for example, are ripping buyers off, buying bags made cheaply in China and marking up the prices dozens of times, selling them worldwide. That is not profiteering? Why didn't he say anything when the lid was blown a couple of months ago?
Now the honeymoon with India is tentatively over, and the attacks are getting fast and furious. As they say, a drowning man will clutch at a straw to save himself. Any accusation is now fair play against India by the USA. All doggies should see what is happening with India and learn a lesson.
Anonymous
4 comments:
Rich Indian families and cronies of Modi have made more than USD18 billion in profits from Russian oil arbitrage. As a percentage of India's oil imports, purchases of Russian oil spiked from just 1 percent before the Ukraine War to 42 percent after the War - very obvious Indian amoral profiteering when hundreds of thousands of Ukrainians and Russians are dying on the battle field.
Chinas purchases of Russian oil was 17%, up just 3% from 14% before the War, which the US considers is just within normal fluctuation.
So the US targets India but not China.
This is the beginning of an anti Indian campaign. The Americans, esp Trump and his racist white supremacist gang are going after India and Indians.
That was Scott Bessant's argument, knowing that he already lost his bearings against China. Having lost the main target for demonization, India is therefore being trotted out as the next punching bag for Bessant to unload his propaganda using India as a doormat.
Why is India's profiteering a concern for the USA when it is not buying Indian Oil? India is in fact buying USA oil, which is one reason the USA does not want India to buy more Russian oil which is competing with the USA. It is the EU buying Russian oil through India and China, which derails the USA's intention to corner the EU oil market. That was what all the sanctions against Russian oil was all about and why the Nord Stream pipelines were sabotaged.
We have to read between the lines to know what the USA agenda is. It is what we call looking after the USA's own interest, not the interest of the EU. After all, if the EU is content to buy oil from India, which is probably cheaper than from the USA. What is wrong with business between a willing buyer and a willing seller that needs the USA to act as the devil's advocate.
That Paki Sharma complained loudly why UAss imposed the Tariffs on India straightway and NOT on China!
Why huh? Because you have no leverage to fight the UAss!
Yours 16 billions of your inferior stuffs whilst China held the triumph card of their Rare Earth which the Americunts are desperate but not to show only.
They knew cannot be too harsh on China as besides still needed them also the toilet papers to wipe their backsides.
Also their foodstuffs. Or else starve you know!
That's why China don't bother you imposed 30 or 40 as we are not paying.
Your own after feeling the pinch shall bring out their rifles and Start shootings.
That's why Dotard scared scared put so many National Guards and Police now in their states.
California and Texas redrawing their Maps.
Wanted to be Canadians
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