08/12/25

India — War Funder And War Profiteer?

The Republic of India, capital at New Delhi, is an important country in Asia with 1,450,000,000 people (very smart and hard working people), the 7th largest country on the planet by land mass with a Federal parliamentary democratic republic. It has the 5th largest Gross Domestic Product and speaks 23 different languages with the predominant languages being Hindi and English.

 

India has a fairly potent military — a military that has 170 nuclear warheads and is the 2nd largest globally — with 2,600,000 men under arms in all branches including a modern army, a coastal brown water navy (though they have an aircraft, submarines, and a nuclear vessel) and a competent air force. They produce 65% of their own armaments and import — primarily from Russia — the balance.

The US should have a great relationship with India first because it is a gigantic democratic republic, but also because it is a bulwark strategically to China and would provide a real problem for China in a shooting war.

So what, Big Red Car?

Ahh, dear reader, the problem is that India is buying gobs of oil from Russia and its ghost fleet of decrepit tankers.

 1. Pre-Ukraine War and post-Pandemic, India imported less than 0.5% of its crude oil from Russia. They imported all of their oil from Mideaster countries including Iraq, Saudi Arabia, and the United Arab Emirates.

They had a $11.5B import trade level with Russia primarily fertilizer, chemicals, machinery, and weaponry.

 2. When Russia invaded innocent Ukraine, India took advantage of Russia’s lost European business and began importing as much as 40% of all Indian oil imports from Russia.

Oil revenues are the largest share of Russian government funding and effectively funded and funds their attack on Ukraine.

 3. The tempation to buy oil from Russia is gigantic as Russian Urals Crude sells at a meaningful discount to the market value with some discounts being as large as 30% off the quoted price.

It is difficult to buy Russian oil as it is transported in ghost ships — small, ancient, uninsured tankers, that travel without their transponders live, but the discount makes it worth the effort.

Isn’t Trump 2.0 threatening stiff tariffs for Russian crude buyers, Big Red Car?

Yes, he is. President Trump says the US will impose tariffs as high as 50% and the US Congress is working on a Russian sanctions bill that would make punitive tariffs as high as 500%.

I believe this is the main reason why War Criminal Putin asked to meet with President Trump in Alaska. It is my considered opinion the Orc economy is on the precipice of collapse and that a cessation of or material impact on oil revenue might just collapse the whole thing.

Bottom line it, Big Red Car, we’re going for a walk on the beach

Sure, dear reader.

India has lost its moral compass and is profiteering from cheap Russian oil and is directly funding the continuing unprovoked attack on Ukraine.

This is inconsistent with the national character of India.

But, hey, what the Hell do I really know anyway? I’m just a Big Red Car.

04/2/22

The Empire Strikes Back

Russia is feeling the pain of western sanctions and has begun to attempt to punch back. The problem is they have very limited power when they are financially ostracized by the west.

One more time: The Russian economy as measured by Gross Domestic Product is 25% smaller than Italy and its GDP is going to crater with the sanctions. This is the real problem. Russia economically is a pimple on the world’s economic ass. 

Russia is a gas station with a coal bin out back. Continue reading

07/28/20

The Supply Chain Comes Home From China

The COVID19 episode exposed a critical weakness — the American supply chain (particularly medical and pharmaceutical manufacturing) was grounded so thoroughly in China that it could not serve the United States when it was desperately needed.

China prevented American companies from shipping product manufactured by American companies in China to the US.

Everyone was quick to say — “Bring the strategic supply chain back home to America!” 

Like a lot of good ideas, it requires real action to make real change. How could this obvious strategic move be instigated? Where would the leadership come from? How would it be funded?

I am pleased to report that this is, in fact, happening.

Continue reading

07/28/18

India GDP

India GDP, Big Red? Huh?

Big Red Car here on a sunny Saturday in the ATX – On Earth As It Is In Texas!

Yeah, it’s going to be a warmish day, up to 100F. Yawn!

So, in the discussions about US GDP, the Big Red Car (huge fan of India) did some research on India. Did I tell you I am a huge fan of India as a country, as an ally, as a market? Love India.

India is a huge country with 1,354,000,000 people. The US has at least 1,000,000,000 fewer people.

US GDP is closing in on 20 Trillion dollars ($20,000,000,000,000) annually, while India has a GDP of $2,597,490,000,000.

Wow, look at that growth! In ten years they have grown by a factor of more than twenty!

Continue reading