- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Memorandum of Understanding on the Principles of an India-Middle East-Europe Economic Corridor: https://www.whitehouse.gov/briefing-room/statements-releases/2023/09/09/memorandum-of-understanding-on-the-principles-of-an-india-middle-east-europe-economic-corridor/
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“I’m happy to ibtroduce to you my belt and road initiative for US citizens: Tighten your belt and hit the road, jack”
I’m tired of all this malarkey about inflation back in my day we’d grab our shine box and go make a nickel
This will never be finished but cost billions of dollars.
The whitehouse.gov press release says:
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two separate corridors, the east corridor connecting India to the Arabian Gulf, and the northern corridor connecting the Arabian Gulf to Europe.
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railway network ship-to-rail transit between India, the UAE, Saudi Arabia, Jordan, Israel, and Europe
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electric cables, data cables, hydrogen pipeline along the railways
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Participants are Saudi Arabia, the EU, India, UAE, France, Germany, Italy, and the USA
electric cables
hydrogen pipeline
Seems like a bad idea hoss, but what do I know?
Centralizing all of that along the same ROW sounds… dangerous? Bad for defence?
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Who said the US doesn’t like to build train infrastructure?
The one time I caught NPR on the radio it announced this. The contrast between the reporter’s breathless admiration for Biden’s bold leadership immediately followed by Biden muttering “It’s a big deal…” had me rolling.
I swear there must be a pull cord on his back. Just few canned phrases on repeat that could be applied anywhere. Saw “dog-faced pony soldier” made a comeback today.
I thought it was weaksauce the way Biden had to say “It’s a big deal” – that should speak for itself.
Or you should find a better way to say it: biggest infrastructure project since the Marshall Plan, will increase world GDP by 3%, something something
Who’s funding it? The EU is in crisis, the US never funds infrastructure properly, and Saudi Arabia/India are more interested in coupling with each other via BRICS+ than with anyone else.
Can’t wait for the West to fund a Saudi-India trade terminal and then run out of money.
Even if Biden made a good faith attempt at a BRI like initiative to develop other countries infrastructure, no sovereign nation in their right mind would take it. Americans cannot plan that far in advance to build their own infrastructure. 2 years after USBRI gets passed into law, the budget for it would get cut in negotiations with the new Congress. 2 years later it would get more budget cuts or get scrapped completely by a new president. Our system does not have the capability to do any sort of long term projects with any efficiency.
Anyone remember global gateway? the European plan to ‘combat’ china? Yet I hear absolutely nothing from it anymore, and that’s europe, the place libs love to praise the amazing infrastructure. Imagine a country like America doing a BRI project lmao.
He already abandoned the blue dot bullshit?
They’ll probably pay someone to pay someone to pay someone to pay someone to pay someone to build a bridge, then they’ll give up halfway through, give 90% of the money to the board, then ask for more
Americans announce this shit all the time. Nobody’s taking it serious at all, it’s all just cheap words.
Two data points for your convenience:
Obama announcing a “new silk road” in 2011 to help distribute the Afghanistan problem onto its neighbors. Nothing came out of it.
Biden announcing Build Back Better Worldwide to compete with Belt & Road or something. Ask yourself - have you heard anything from that, ever?
All the West can do is talk shit, do nothing and bomb poor peasants. When China visits, we get a hospital…
I can’t find a budget for this ‘India-Middle East-Europe Economic Corridor’ anywhere. Tens of billions? A trillion? Seems they’re not saying.
Biden this the 7th time you’ve announced your own Belt and Road in class!
