Barely have we tided over the COVID crisis, has another omen been tolling in the form of geopolitical conflict. Is a war in the offing?
Already Biden seems to be getting involved in America's elderly brother's shoes. He's started shooting fiery observation at Russia's military concentration across Ukrain's border.
Now, the inevitable question. Is it a news highlight or an omen of new conflict arising or a ploy decoy public attention from world's poor economy ??
World's overall economy is poor. Money is as usual concentrated and the unemployment inflation are gnawing. There is unrest everywhere. Inflation is about whooping 7% in a country like the USA. Govt requires a diversion to engage public and attribute their mindless money printing impact on War and military expenses. India is also showing signs of anti incumbency factor in every state.
Economy and politics are ever happily married together. Economy is the sum total of population's productivity. Most of the God created animals in humans are simpletons. They lack sharp mindset to change themselves, adapt to the changing demand to garner more and secure their progeny. Hence 97% will continue to drag GDP and 3% will continue to feed them through Tax liabilities. Whenever 97% feels pangs, the need for diversion arises.
Important upcoming develop in the US is today's FED's meeting on tapering, ie, such excess money from the system. It will have to happen for the sake to control inflation and the Stock market will tumble. There's money to be made based on news. What else provides that opportunity more that the news of War??
[By profession this author is a private tutor. Visit www.dbhattacharjee.com to know more.
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