The U.S. has sided with Pakistan because India was an ally of the U.S.S.R. during the Cold War. The Cold War is over and the U.S.S.R. is no more. India is a large Asian democracy that cooperates with American business and handles everything from billing to engineering. Pakistan is a smaller military dictatorship. India elects its government and the people vote for their choices. Pakistan just replaces one colonel with another when they change governments. LINK
When I was young and credulous, this baffled me. Now, it doesn’t.
Intuitively, seems like they’d be a much more natural ally than Pakistan. Then again, I’d argue that Iran would make a more natural ally to the US than Wahhabist Saudi Arabia.
Biden and his class clowns did. Not actually all of us believe in throwns billions of dollars to Skyy. I would use the billion Biden shoved to Zskyy for something else.
It is just beginning, those bonds have to be marked to current market value. The Western financial institutions holding them will be screaming behind doors at treasury to be allowed to dump them, if they haven’t already started. They are going to take the loss and BRIC will buy them up and set up a direct debt service system.
While the western alliance is busy with their agenda,. Non-Alligned countries are moving toward BRICS and their emerging economies will grow. Doubt Russian default with western banking will effect them (Russia.)