After Russia, NATO Surrounds China, India: Iran

The West’s ultimate goal is not Iran, but India and China, Iran’s President Mahmoud Ahmadinejad was quoted as saying by Irinn.

He named the wish to undermine China’s and India’s rapidly growing economies as the causes of the West’s interest.

He named the recent concentration of NATO forces around India and unrests in Pakistan as an argument.

Presently, the West experiences a rapid downturn in the economy and the leaders of the Western countries have decided to conceal reality from their peoples, he said at today’s news conference.

Ahmadinejad said that NATO almost completely surrounded Russia and once Russia will understand this.

“Russia should respond to the deployment of NATO forces along its borders,” he said. Trend

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America on the road to perdition

Mohammad Jamil | For quite some time, Americans have been earning less and spending more, producing less and consuming more, with the result that both America and Americans have become technically bankrupt. In view of recession coupled with fiscal crisis, the entire balance of global economic power could shift, since economic strength is basic to remain predominantly military power. It is perhaps in this backdrop that two prominent authors Nick Turse and Tom Engelhardt wrote an article under the caption ‘A fight against the odds’ published in Asia Time Online.

The concluding sentence of the article reads: “The fact is: Al Qaeda is not an apocalyptic threat. Its partisans can cause damage, but only Americans can bring down this country”. They have given details of America’s military might – its troops, reserves and intelligence personnel, well trained special operations and its arsenal comprising tanks, planes, missiles, aircraft carriers and a stock of nukes. They reckon that Al Qaeda’s ‘shock troops’ add up to perhaps 2100 fighters who have access to rocket-propelled grenades, small arms of various sorts, the materials for making deadly roadside bombs, car bombs, and of course ‘underwear bombs’. The authors ridicule America’s military might in these words: “After the better part of a decade of conflict, the US has spent trillions of taxpayer dollars on bullets and bombs, soldiers and drones. It has waged wars in Iraq and Afghanistan that have yet to end; launched strikes in Pakistan, Yemen and Somalia; dispatched special ops troops to those nations and others, like the Philippines, and built or expanded hundreds of new bases all over the world. Yet Osama bin Laden remains at large and Al Qaeda continues to target and kill Americans”. Al Qaeda was formed when the Soviet forces withdrew from Afghanistan, and Osama bin Laden’s demand was that American forces should withdraw its forces from Saudi Arabia and the Middle East., and he was critical of America for giving unqualified support to Israel. Anyhow, he was the man who was eulogized by the US and the West, and through western media he was presented as a symbol who left his luxurious life for the same of jihad. In other words, he was America’s find, and Pakistan should not be blamed for his actions. Read more of this post

Americans, beware of economic doom!

The statistics are hair-raising. The national debt of United States currently stands at $ 12 trillion which if divided on a population of 300 million comes roughly to $40,000 for every man, woman and child in America. The budget deficit for the year 2009 is estimated to be an all time high at $1042 billion. The cost for both Iraq and Afghanistan war in 2010 would be around $ 1046 billion. In 2014 America’s debt-to GDP ratio would reach 108 percent. By 2019 payments on the federal debt would rise to $799 billion.

China and Japan are the two biggest creditors of United States, thus far holding 798 billion and 751 billion worth of U.S. Treasury securities. The trade deficit that was zero in 1991 soared to 763 billion in 2006. If this trade deficit is not checked, by 2030 it will rise to 15 percent of the GDP or $ 5 trillion annually. By November 2009 the mortgages of 16 million Americans were upside down. So far 100 banks have close their business, 416 are at risk of bankruptcies. By 2013, the projected losses on account of bounced real estate loans will be 600 billion. The acute economic downslide places the United States in a risky situation of losing reserve currency status of dollar as well as its superpower status.

There is growing loud thinking that the United States has already lost its superpower status. It is being feared that America’s economy that is in extreme dire straits, would impinge on its superpower status. Besides, its leadership in the field of science and technology would be prodigiously hampered due to the paucity of funds. It is surmised that the China and Japan will outpace United States in the scientific research. There is also a very potent apprehension that since United States would need more credits from Japan and China; these countries could also influence America’s foreign policy and her conduct of external affairs.

The European Union, a conglomeration of 27 countries is emerging as a strong economic contender or rival of the United States. EU’s common currency Euro is 1.5 times stronger than the US dollar. It means one has to pay 1.5 dollar to buy one Euro. EU is world’s single largest market with a population of 500 million individuals. United States war bill will astronomically soar if it decides to expand its war on terrorism to Yemen and those pockets where the terrorists are resettling. A military action against Iran preceded by clamping of sanctions and embargoes on that country would not be a one sided affair. Like the Somali pirates a similar kind f blockade can be mounted by Iran in the Strait of Harmus which might lead a calamitous conflagration in the area between the United States and west on one side and Iran on the other. Bu the paramount question is that in the face of a crumbling economy and much dependence on foreign loans, would this be a rational or the prudent course to adopt? Will not the armed standoff, if not the actual engagement, spell further disaster for the American economy? Read more of this post

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