GE bankruptcy bust looming here.
Industrial and technological transfer boom looming there.
PPP at work, but not here, baby.
Kind of hits both Leonhardt's domestic economy fairy tale, and Krugman's global economy fairy tale in the gut simultaneously.
Impose tariffs on Ge India locos sent here?
Smart shopping.
In Krugman's terms: Marshall Plan for India, Morgenthau Plan for America.
Call it a kind of atonement for centuries of white supremacy imperialism over India. it doesn't matter who did it. They were all really us.
Gandhi played the British liberal legal system like a violin.
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