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Indian-born economist Jayant Bhandari makes a sharp and uncomfortable claim: that many Indians are celebrating the idea of becoming a “world power” while ignoring harsh economic realities. According to him, the narrative of strength and global dominance does not match the condition of the average citizen. He argues that...

168,725 görüntüleme • 6 ay önce •via X (Twitter)

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🇮🇱🇺🇸🇮🇷 Full statement from Israeli Defence Minister Israel Katz: Israel is prepared to resume the war against Iran. The IDF is ready both defensively and offensively, and the targets are marked. We are waiting for a green light from the United States, first and foremost to complete the elimination of the Khamenei dynasty, the initiator of the annihilation plan against Israel, and the successors of the leadership of the Iranian terror regime, and in addition to return Iran to the stone age by destroying its central energy and electricity facilities and crushing its national economic infrastructure. The terror regime in Iran specializes mainly in internal repression of the population through the Revolutionary Guards and the Basij, and in energy blackmail, threatening to raise global oil prices. It is on its knees; its leaders are hiding in tunnels and struggling to communicate and make decisions. Its skies are wide open, and all of its national infrastructure and strategic facilities are exposed to attacks, yet it declares that it is winning. Just like Hezbollah in Lebanon and Hamas in Gaza Strip, it does not care about the heavy price paid by the population, only about its own survival, which is not guaranteed either. This time, the attack will be different and more lethal, delivering devastating blows at the most painful points - building on the massive blows the Iranian terror regime has already suffered, shaking and collapsing its foundations.

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"The authorities have completely lost control over the economy," — Igor Lipsits Igor Lipsits, an exiled Russian economist, argues the Russian economy is not a true market economy and is in a precarious state, characterized by a war-driven "mobilization economy" that relies heavily on state spending and is depleting long-term resources. He points to rising poverty and a severe budget deficit, which the government is trying to address through tax increases, while official figures of growth are misleadingly high due to factors like panic-driven inventory accumulation rather than genuine productivity. Key points from Igor Lipsits on the Russian economy: •Misleading official figures: He states that reported GDP growth is misleading, inflated by military spending and the accumulation of inventories by businesses afraid of supply chain disruptions, not by actual economic progress. •"Mobilization economy": The economy is shifting towards a wartime footing, with resources directed towards the military-industrial complex. This erodes the framework of a free market and sustainability for other sectors over time. •Budget crisis: The government faces a massive budget deficit, with military spending consuming a huge portion of the budget while tax revenues are falling and reserves are being depleted. •Strained private sector: Businesses are being squeezed by tax hikes and a lack of investment. Many industries are operating at a loss, and the government is taxing profits that don't exist. •Economic inequality: While the middle class is struggling, a segment of the population, particularly families of soldiers and those in stagnant regions, are experiencing a form of economic benefit from the war through increased payouts. •Negative long-term outlook: He warns that the current path is unsustainable and could lead to a full-scale industrial and financial crisis, as the economy is "eating itself" by consuming its remaining pre-war reserves and exhausting its resources.

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