Security of India from Chinese Dragon –III

Part I was related to aspects of decision making by GOI which are compromising Indian Integrity. Part II linked the decision of CCP to keep the option of a fight with India open by leaving the boundary dispute festering so it can rally its citizenry behind nationalistic fervour.

Accounting Perspective of History-I - Dadabhai Naoroji’s speech in British Parliament in late 1800’s records the account of transfer of millions of pound sterlings taken from India as tax, impoverishing generations of Indians. Centuries later, the same British Parliament hears our PM- MMS, sing hosannas to the British, and not seek damages and reparations from them for looting Indian masses.

Accounting Perspective of History –II – When Hitler took over the German system, one of the first things he did was to enlist accountants so he could track all the properties held by Jews, all the jobs held by Jews etc etc so that he could carry out the most heinous crimes against humanity in a methodical way.

Accounting Perspective of History –III – Sajudis of Lithuania, the section of Communists who had broken away from Soviet Party of Russia (USSR), and reclaimed one of the coat of arms of Lithuania and declared independence from USSR on March 11, 1989 precipitated the break up of USSR in August 1991. Among the first things that the new rulers did was to invite certain US accountants to help them with resource allocations.

Accounting Perspective of History – IV – Chinese economy is today being managed on an undervalued economic unit. The Chinese exports are possible only because it is being managed thus. If the value of the economic unit is changed to reflect the real value, then the exports from the Chinese manufacturing units will become much more costly. Large numbers of things have been written about this anomaly and I am sure, this will not be the last of it. Hence, when finally things will begin to crash in China as the anomaly is corrected, it is the Indian land mass which will bear the brunt of the same. When Tibet was occupied, Indian land mass accepted refugees. This time, it may no longer be refugees.

Why Indians should be Worried?

Manipulating Exports - The crisis that has resulted in European Union should be illustrative of the problems of expanding credit and creating demand. Ireland is on the verge of collapse. Greece is struggling today. Greece needs someone to underwrite almost $ 78 billion of debt. It is the times we live in. These societies are borrowing against future incomes and creating housing/infrastructure bubbles. Just like the Chinese. Many an economists have been warning of crisis of PIGS (Portugal, Ireland, Greece and Spain). Under such a scenario, when Germany itself is trying to defend Euro, how prudent would it be for other countries to allow for greater import of goods from China, where the undervalued Yuan is helping push the exports. We have not yet heard the last word on the spat between China and rest of the world regarding such currency manipulations.

One Child Norm- Under various CCP proclamations, Chinese have implemented the one child norm with zest and zeal that is so characteristic of them. Yet, this creates a massive social/anthropological challenge. In another decade’s time, Chinese society will have around 40 to 50 million young men, below the age of thirty who will find no spouses. The social need for conforming to norms under one child policy has led to female infanticide leading to lost generation of females. Thus, the 40-50 million Chinese young men, which is more than even the population of Germany, who will never find soul mates, will become a source of much frustration for the society. How will the Chinese society harness the energy of these 40-50 million young men remains to be seen? But as an Indian, it makes me extremely anxious about the fate of the nation. If a few thousand armed men can create ruckus across such huge vast tracks of Maoist Insurgency in eastern Part of India, what can 50 million accomplish?

The reason for all the scepticism that emanates from such bleak scenarios is that Indians seem to have learnt nothing from all the sufferings that has been caused to them in the past. We are still fighting for small fishes and loaves that our masters are throwing at us.

The ruling elite keeps the economic cake small so that masses never rise up against them. Thus the masses are left fighting each other – because the kings can have the storm troopers kick up a huge ruckus over the use of language or some such issue. The reason for this is the power managers in Delhi wish to have it such. The only reason that the principle of divide and rule is being used is because this dispensation wants to keep the people occupied in fighting each other.

India is forced to tax its one plus billion population so that it can continue to spend money on defence equipment, which if rarely ever, will get used against Pakistan. Pakistan as of now cannot be attacked because its accounts are being managed by US and Saudi. Hence, even as Pakistani elite vow to annihilate all Indians, the ruling elite in India will abdicate its responsibility to protect its citizenry. The elite have their own kids settled in US/UK/Europe so they have no interest in being responsible. On the contrary, the ruling elite creates and sustains regional social fault lines. Raj Thkeray can get away with murder and the rule of the land cannot be applied to him. The English partisan media will not question the motives because they are in it for a portion of the cut. Piece of landscape leads to deaths in Telangana, a problem created and sustained by the ruling elite. The rent seekers, whether they are from Chennai /Baramati / Mumbai/ Hyderabad connive with the other regional elite to sustain the loot of the citizenry.

Thence the concern! If the short sightedness of democratic process is keeping us from realising our full potential, then it may be the need of the hour to see that we change it.

Indian ruling elite have behaved like PrithviRaj Chauhan for far too long. Despite knowing the character of enemy, we allowed the enemy to walk away from defeat into arms of victory at Shimla.

And it may happen again if we don’t realise the pitfalls of the present ruling dispensation.