Summary:
The US is standing in the way of the progress of the world economy. The ROW is becoming impatient with the the US and vassals creating obstacles. But even the vassals are under pressure resulting from US hubris and its consequences for the world system. Now the US is running into opposition, some vocal—President Xi in particular. Nothing mentioned of BRICS and its expansion though. It was apparently the elephant in the room at the Bali meeting, everyone being well aware of it, not to mention BRI, which Bhadrakumar observes, has as yet no Western counterpart. The US-led West is simply trying to act as spoiler in this regard (rather than pony up).India PunchlineThe G20 is dead. Long live the G20MK. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador.
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The US is standing in the way of the progress of the world economy. The ROW is becoming impatient with the the US and vassals creating obstacles. But even the vassals are under pressure resulting from US hubris and its consequences for the world system. Now the US is running into opposition, some vocal—President Xi in particular. Nothing mentioned of BRICS and its expansion though. It was apparently the elephant in the room at the Bali meeting, everyone being well aware of it, not to mention BRI, which Bhadrakumar observes, has as yet no Western counterpart. The US-led West is simply trying to act as spoiler in this regard (rather than pony up).The US is standing in the way of the progress of the world economy. The ROW is becoming impatient with the the US and vassals creating obstacles. But even the vassals are under pressure resulting from US hubris and its consequences for the world system. Now the US is running into opposition, some vocal—President Xi in particular. Nothing mentioned of BRICS and its expansion though. It was apparently the elephant in the room at the Bali meeting, everyone being well aware of it, not to mention BRI, which Bhadrakumar observes, has as yet no Western counterpart. The US-led West is simply trying to act as spoiler in this regard (rather than pony up).India PunchlineThe G20 is dead. Long live the G20MK. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador.
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Mike Norman considers the following as important:
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India Punchline
The G20 is dead. Long live the G20
MK. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador.