>> The BRIC nations know the US and Europe can’t afford the kind of financing they’re demanding.
We (US an EU) can’t affort half of what we spend on EVERYTHING, but we spend it anyway. And they know it.
I’m not so sure they think we *won’t* be stupid enough to hand them the technology PLUS the money to implement it.
But as you point out, if we don’t that’s OK for them too.
From their POV, it’s win-win.
India is not like Pakistan - living off US aid.
What India demands is “technology transfers” and “investments” in nuclear and clean coal type energy sources.