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India’s RCEP Refusal, Russia’s Eurasian Vision, and Next Week’s BRICS Summit Andrew Korybko

Summary:
Andrew Korybko is more pessimistic than Pepe Escobar on this. I think he may be a bit too pessimistic. India's strategic alignment is a balancing act for the government in power. India has along history of playing the US and Russia against each other for its own advantage. The really big issue is the relationship of India and China, traditional enemies that are still locked in various disputes over boundaries. Here again, India is using the US as a hedge with respect to China. Getting the Eurasian alignment right, both in the East and relative to the West is going to occupy the next several decades at least, and the Modi government is not going to be around that long to deal with it. So we will see.  India, Russia and China are wily players, focused on national interest, which

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Andrew Korybko is more pessimistic than Pepe Escobar on this. I think he may be a bit too pessimistic. India's strategic alignment is a balancing act for the government in power. India has along history of playing the US and Russia against each other for its own advantage. The really big issue is the relationship of India and China, traditional enemies that are still locked in various disputes over boundaries. Here again, India is using the US as a hedge with respect to China.

Getting the Eurasian alignment right, both in the East and relative to the West is going to occupy the next several decades at least, and the Modi government is not going to be around that long to deal with it. So we will see. 

India, Russia and China are wily players, focused on national interest, which includes regional peace, world peace, and a prospering global market to which they have access. But that all have domestic issues also, and these limit international flexibility. Hovering over this process is a Western hegemony led by the US that doesn't want to lose global dominance after having it for half a millennium.

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India’s RCEP Refusal, Russia’s Eurasian Vision, and Next Week’s BRICS Summit
Andrew Korybko
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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