RIC The New tRICk!!

 

India & China have fought a border war in 1962, Russia & China had there own border tensions in the past. But now can these three nations (RIC) come together to play a new tRICk in global affairs?

 

India & China shares the largest border dispute of the world but at the same time China has become the largest trading partner of India & India is looking for big investments from China which has huge surplus of forex reserves . Similarly, Russia & China have there own tensions. The rise of neighboring China is making Russia JITTERY but again, China is Russia largest trading partner & China has huge investments  in Russia's oil/gas & military sectors.

 

There tensions aside, all three emerging powers have one common goal - To end US supremacy in Global affairs. This is one goal that is making these powers to forget there bilateral issues & come together.

 

The US rule the world basically by two factors:

 

• Dollar Diplomacy - DOLLAR is a Global currency accepted everywhere. Global trade is conducted in Dollar & the power to print Dollar is in the hands of US. This gives immense economic power to the US & thus gives economic control of the world to the US.

If these three nations decide to do intra-nation trade between    them in non - Dollar currency than this would be a big blow to dollar supremacy as they share hundreds of billions of dollars of trade together.

 

• Global Military Reach - It's of no doubt that if there is any country's military that can reach any part of the world then it's only that of USA. With troops stationed in all continents & Blue water navy stationed in all oceans with eleven Aircraft Carriers each carrying seventy 4++ Generation fighter aircrafts, US military power can not be challenged (at least for now). It uses this power to maintain it's "SUPERPOWER" status.

There is no way that RIC can currently challenge US' military might or it's Global presence. What they can certainly do is to increase there own military power individually & can get to a consensus to form a MILITARY BLOC of sorts in the near future.

 

Challenging the US' MIGHT in the short term would be very difficult for RIC but they can certainly come closer & initiate the chain of events where in the end they are in some position to change the equation. For that they have to put all there differences aside.

 

******HJ******