Indian Economy

[Nutcracker]

euro is massively overvalued vs dollar at the moment so

Euro REER index is 110
INR- 118 (110 few months back, RBI is defending hard)
Yuan - 135 (massively overvalued)
Porkies- 80 few months back (cause they dont have reserves to defend their currency) , 100 now.

 

[ezsasa]

MHA: India's recalculated coastline up 48% in 53 years

India's coastline has been recalculated from 7,516 km in 1970 to 11,098 km in 2023-24

MHA: India's recalculated coastline up 48% in 53 years | India News - Times of India

India News: India's coastline has significantly expanded from 7,516km in 1970 to 11,098km in 2023-24, driven by new measurement methodologies. Gujarat and Bengal

timesofindia.indiatimes.com

 

[Suryavanshi]

MHA: India's recalculated coastline up 48% in 53 years

India's coastline has been recalculated from 7,516 km in 1970 to 11,098 km in 2023-24

MHA: India's recalculated coastline up 48% in 53 years | India News - Times of India

India News: India's coastline has significantly expanded from 7,516km in 1970 to 11,098km in 2023-24, driven by new measurement methodologies. Gujarat and Bengal

timesofindia.indiatimes.com

That puts us just behind UK

 

[ezsasa]

That puts us just behind UK

coastline hasn't increased as such, measurement method updated.

will depend on how brits have measured it. if they use the same method as done by MHA, their's too might increase officially.

 

[Nibbler]

Euro REER index is 110
INR- 118 (110 few months back, RBI is defending hard)
Yuan - 135 (massively overvalued)
Porkies- 80 few months back (cause they dont have reserves to defend their currency) , 100 now.

I dont think REER is how I would make a determination whether Yuan is overvalued or undervalued . I think its better to at the overall trade defecit or surplus to make that determination. pretty difficult to make the argument that yuan is overvalued when they are going to put up a ONE TRILLION dollar surplus

in fact i think the REER you are seeing is because countries are desperately trying to keep their currency lower than the yuan to stay competitve as they shart out a trillion dollars of Chinese dogshit onto the world.

China allowing their yuan to appreciate would solve many of the worlds problems. Unfortunately ching will not do this for multiple reasons and we will engage in a race to the bottom for some time. We will all wait with bated breath to see whats at the end of that race. IMO there is two outcomes.

1. China has escalating internal problems that lead to civil strife and collapse7
2. China goes to war

 

[shade2]

I dont think REER is how I would make a determination whether a currency is overvalued or undervalued (the exception being dxy for USD). I think its better to at the overall trade defecit or surplus to make that determination. pretty difficult to make the argument that yuan is overvalued when they are going to put up a ONE TRILLION dollar surplus

in fact i think the REER you are seeing is because countries are desperately trying to keep their currency lower than the yuan to stay competitve as they shart out a trillion dollars of Chinese dogshit onto the world.

China allowing their yuan to appreciate would solve many of the worlds problems. Unfortunately ching will not do this for multiple reasons and we will engage in a race to the bottom for some time. We will all wait with bated breath to see whats at the end of that race. IMO there is two outcomes.

1. China has escalating internal problems that lead to civil strife and collapse7
2. China goes to war

Ching goes to war to grab Taiwan first, then wage war on India to make an example out of us to all the surrounding Asian countries, then pushes of Korean reunification + getting Japan to bend the knee as a part of gaining hegemony over East Asia.

You will see a sequel of Warsaw Pact/Comecon but focused on Cheeni and slaves/pals.

The economic aspect of what i have told you, including Russia, Central Asia, East Asia and South East Asia is that they have a ring of buffer states around them and captive markets/supply colonies, if they achieve this they can continue with their current scheme of export maxxxing.

 

[helin]

Ching goes to war to grab Taiwan first, then wage war on India to make an example out of us to all the surrounding Asian countries, then pushes of Korean reunification + getting Japan to bend the knee as a part of gaining hegemony over East Asia.

You will see a sequel of Warsaw Pact/Comecon but focused on Cheeni and slaves/pals.

The economic aspect of what i have told you, including Russia, Central Asia, East Asia and South East Asia is that they have a ring of buffer states around them and captive markets/supply colonies, if they achieve this they can continue with their current scheme of export maxxxing.

China is at war with the DFB for the 583rd time

 

[Nibbler]

Ching goes to war to grab Taiwan first, then wage war on India to make an example out of us to all the surrounding Asian countries, then pushes of Korean reunification + getting Japan to bend the knee as a part of gaining hegemony over East Asia.

You will see a sequel of Warsaw Pact/Comecon but focused on Cheeni and slaves/pals.

The economic aspect of what i have told you, including Russia, Central Asia, East Asia and South East Asia is that they have a ring of buffer states around them and captive markets/supply colonies, if they achieve this they can continue with their current scheme of export maxxxing.

well, they will lose their war with india so will set bad example.

Spoiler

inb4 ayan bharat blackpill

Spoiler

also.. what if they expand into myanmar, nobody talks about this but they could

 

[Blademaster]

China is at war with the DFB for the 583rd time

Sounds like we need to ban someone in order to keep the peace. You up for it?

 

[Cheepek]

Exclusive: Foxconn stops sending Chinese workers to India iPhone factories

In addition, equipment shipments are delayed, potentially disrupting next-generation iPhone production in India.

restofworld.org