IS INDIA A DEAD ECONOMY? SAYS THE PETULANT DONALD TRUMP!

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  • History is replete with several instances of ruthless, bloodied, cruel, aggressive, and ambitious dictators simply stamping their authority over hapless citizens of a particular area, region, state, country, and in some instances, the world over through reckless display of arrogance. It’s extremely challenging to decipher what goes through the minds of these characters who assume every life is simply meant to be disposed of at the whims and fancies so mercilessly. Humankind has undergone tremendous trials, tribulations, devastations, and debilitating effects of varying degrees, with the common factor being misery writ large. Has the modernity that defines the present-day world been spared the ignominy of enduring a similar fate? Unfortunately, no.

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  • History is also replete with plunderers, conquistadors, and cruel dictators firmly believing what they utter is an absolute gospel truth. Looking around, some of the countries headed by ruthless dictators indicate humanity continues to endure unmitigated misery. Some of the Arab countries, African nations, North Korea, and Afghanistan have witnessed rulers piling people under them with inhuman treatments not befitting dignified living. Of course, the economy plays a huge role in deciding the heft, traction, and power enjoyed by any particular country headed by any leaders standing in the global firmament. Looks like the president of the United States of America, Donald Trump, wishes to be bracketed alongside some of the most despicable names in history.

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  • The widespread trade disruptions perpetrated by Trump through his myopic and self-defeating import tariff war around the world point to a familiar dictatorial streak with nary a care about the consequences. And to top it, his extremely intemperate, petulant, and arrogant diatribes against a country like India sound completely hollow. The latest statement from Trump, taking a jibe at India as a dead economy, says a lot about him. Trump telling the biggest countries by population – India – and landmass – Russia – to take their dead economies down together deserves wide condemnation. He is a churl. Come to think of it, how an economy dies is a riddle, though. If it’s dead, who takes it down? The economy isn’t dead while its last two humans are in touch. Period.

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  • Simply put. One swaps a tea bag for biscuits with the other, and you have a trade. The ECG of economics registers a beat. India has over 1.4bn people, raising the possibility of some 980-million-billion unique barter trades. Hardly a dead economy, you see. And if India is a dead economy, why is Trump itching to sell soy, maize, and butter to it? A dead economy doesn’t produce or export, so unless you are hallucinating, how do you have a negative balance of trade with it? Why bother to negotiate with it for four months, and then slap a 25% tariff in exasperation? If deadness is about slow growth, India is the fastest-growing major economy. Trump should bear this in mind before making grandiose pronouncements.