We got the same thing here. The rest of the world is worse. Our people are pointing out what too many people don’t know. That’s more important.
Friends are really interests.
Many of us here knew this long ago, it gave us a very good laugh.Senile Joe’s Sanctions failed. Trump had an 8 Aug deadline on India sanctions…..still waiting.
He finally realized Sanctions cause wars, discontent, and alliances to be formed ( as we have witnessed). Trade and Commerce promote Peace.
The war mongers are learning a valuable lesson….from Russia.
India has been used by Europe and others to circumvent the sanctions. Everyone knows it. Trump is using it for leverage.
Here is more proof that Russia is far more corrupt and corrupting than Ukraine due to its much bigger economy and size.
The audacity of a U.S. Treasury Secretary saying something like this is comical.
Most likely they are and Bessent should know all about arbitrage since there never has been a hedge fund that didn’t take full advantage of it.
It’s 11:15 AM and the first scam call from a dirty Indian criminal just came in. Regardless of their buying Russian oil, we should cut the internet connection between India and the US. Those calls are coming over VoIP.
That is especially true in this case considering our meddling in Ukraine is what lead to the present war there.
(Bessent) "He then played a pivotal role in the "Black Wednesday" trade of 1992, when Soros famously "broke the Bank of England" by betting against the British pound. This trade earned Soros's team over $1 billion and solidified Soros's reputation as a formidable figure in global finance."
That is so rich; this was actively encouraged and American assisted in the plan to move this oil via India and “US Connected” middle men to profit.
Look at everything American has been involved in global politics. Every time there is an Oil opportunity to be created for American Control and Profit, we are involved.
Ukraine is a case in point, in that Trump’s Mineral rights deal was more about oil than minerals. American was willing to import Russian Oil to Europe and take a cut.
The Armenian deal was only about oil - the Trump corridor... and the pipelines and pumping stations of the other partner destroyed completely in Ukraine over four days.
As long as Trump can turn a dime, Oil from anywhere in the world can flow if the US profits from it - we don’t care from where or who it comes, just so we make a profit.
That we are complaining about India making money from a scheme and enterprise that we helped them set up is something to behold.
Trump’s now complaining after he farted in the elevator and everyone jumped out... his tariffs (Sanctions) against India ended any American profiteering from Russian Oil when he broke the trade ties.
Since Alaska, Trump’s handling of SANCTIONS, not Tariffs as he calls them, will change for the better or the worse. If he doubles down against Brics it will not end well for the US in the middle of a recession yet undeclared.
“Profiteering” is a Marxist concept. India has been a good ally, notwithstanding our H1B opponents, and we have no right to tell them where they must purchase their oil.
Sounds like capitalism.