🚨🇮🇳🇷🇺 HOW INDIA AND RUSSIA ESCAPED WEST’S NEOCOLONIAL TRAP
🚨🇮🇳🇷🇺 HOW INDIA AND RUSSIA ESCAPED WEST’S NEOCOLONIAL TRAP When the West aimed to turn India into a consumer market & Russia into a resource hubs, these two giants said NO. WESTERN EXPANSION 🇮🇳 India: 1991 crisis: India’s gold pledged to the IMF for a $2.2B loan. Conditions included: ▪️Opening markets to Coca-Cola, Pepsi, Monsanto. ▪️Cutting agricultural subsidies. 🇺🇸Tech Dependence: 90% of software and electronics imported from the US. 🇷🇺 Russia: ▪️Price liberalisation & mass privatisation under US guidance. ▪️75% of industry sold cheaply (Yukos: $300M, worth $30B later). ▪️Hyperinflation 2,500% (1992), 40% in poverty. West’s goal was to turn Russia into a resource colony, India into a consumer market. COUNTER-MOVES IN THE 1990s 🇮🇳 India: ▪️1998 Nuclear tests: US sanctions followed, but India became a nuclear power. ▪️India banned Monsanto’s GM seeds (1998), barred foreign firms from buying land (1999). 🇷🇺 Russia: Refused total surrender: ▪️In 1996, ...