Discussion in 'Economy & Infrastructure' started by LETHALFORCE, Sep 15, 2011.
US blames India, China for Doha deadlock - Hindustan Times
how dare they(US) want their agriculture market to also get a fair share on the world export stage...
on our terms or they can go suck an egg!
please make the US suck eggs, please please...:thumb:
no need...we should rather throw em.
suck.. throw.. whatever :thumb:
What an enlightening discussion !!!
Emmm rather "eggciting" !!
There is no way India is going to throw 600 million indian lives into the hands of Americans to make money in the name of fair trade, they really can go suck an egg and we made them, If Americans have their End user agreement, we have ours too. India unless it is completely out of poverty, is not and should not allow rich farmers and farming countries to make blind profits of its poor population. There is nothing to talk here
Feel free to erect barriers to free trade, but when the US reciprocates it will hurt your exports, FDI's not to mention India's booming service sector. The United States is your largest foreign investor but you want more, just today your ambassador urged US business to ignore 'short term challenges' and invest more in India - should the US tell her to go 'suck an egg'? :thumb:
The sooner they do it the better.
Every few years history repeats itself ,last time it was also the agriculture issue and Nath was practically thrown out of the talks, why this sticky point has not been resolved prior to the meetings is strange?? It becomes a waste of time to keep repeating this nonsense.
Seriously LF this is one area we cannot even afford to yield
Go back to college and learn a bit of Economics. The trade surplus that India has with the US is 10 billion USD. The last I checked we are a 70 trillion rupee GDP (1.2 trillion USD). The 50 billion in trade with the US is like ... 4% of that. You can build as many trade barriers as you want and squat is what will happen.
Further, your government does not control policy, the corporates do. You must be dreaming if you think your powerless puppet Congress can pass any legislation that touches the trillions of dollars that the US corporate machine has invested outside.
With 14 trillion in debt who do you think will be most impacted by erecting trade barriers? Do you even understand how the global economy functions?
Specifically to the WTO negotiations - You really think our diplomats in Doha are high school dropouts. We have 50% of our labor force dependent on Agriculture. Do you think we are queing up to bring in Monsanto, Cargill and Nestle to kill our food industry? Do you think the rest of the world are filled with illetrate retards? Or does that define the general American populace that allowed the current farming mess in the US? Why do you think the Doha talks have been suspended bickering for 10 years?
One more thing - India isnt China. We dont depend on the West to keep us going. We produce, we consume. We dont over produce and sell. And here is some more bad news - Just because China is so coupled with the US does not give the US any leverage over it either. Try building those trade barriers and you will see your greenback being used as tinder by the developing world because thats all it will be worth after China dumps a few trillions of American debt into the gutter.
What fair share, US agriculture receives around 20 to 30 billion dollars every year as subsidies. How do you expect a small farmer from some rural village in India to compete with the giant subsidized farms from US.
India is dependent on exports for 20% its economy, Let me guess,more starvation of already suiciding farmers to that of 20% of economy. Hmm. Nope I will side with my 600 million farmers.
Infact we dont do enough for our farmers.
Spare us your mindless dribble, 70% of Chinese wealth is US dollar denominated and the last time US Congress threatened Indian business interest your government rushed in bearing gifts worth 17 billion dollars.
The 70% Chinese wealth is debt you owe them. Can you point to the source of when the US threatened Indian business interest and the resulting magnanimity of the Indian Government in 'gifting' you 17 billion.
An impulse buy of 50 additional long haul jets by an ailing state owned carrier to service a loss making India / US route. And all this around the same time congress was considering legislature that would threaten Indian firms.
Separate names with a comma.