Monday, June 13, 2022

Ruble Rules and EU on Steep Downhill (Pallan)

I a sexist in this piece.

This is what happens when we give Financial Chairs to women both in USA and EU.

Yes they have all the academic qualifications far beyond the male counterparts.

They, the women try to manage the global economy, like a kitchen (cabinet) and put all the stale foods (dysfunctional laws) to the weaker partners and enjoy the crust and fame but they cannot stand up to President Putin and Ruble and crumble in front of a man who is fighting a war, while managing the Russian economy.

Now he has devised his own economy in the Asian subcontinent and countries like India and Indonesia are going to benefit.

One must not take Ceylon to this consortium, since our politicians for 70 years mismanaged the economy and they think by printing money any financial problem can be overcome.

Even in this scenario it is Russia that is giving a lending hand to Ceylon and not EU or IMF, while China is waiting like a big shark.

India has enormous problems, including weather, rain and drop in agricultural products.

Its wheat supply is 3% of the global output and if not for Russia many developing countries would starve.

If only Ukraine looked for the East, meaning Asia and dumped USA for good world would have been a better place.

It is too late for Ukraine.

Ukraine will suffer for its own making and Russia has no inclination to bail them out except grab almost 50% of land and wealth.

This is how men fight war and economics and I think the women in Think Tanks should go back to the universities they read for higher studies and revise their own economic dogmas.

When food prices go up it is the women in the house who have to economize and take the blame, not men.


No comments:

Post a Comment