Somehow, 5000 years of civilization has resulted in this being considered intelligent.
The dollar’s decline already amounts to the biggest default in history, having wiped far more off the value of foreigners’ assets than any emerging market has ever done.
The vigour of emerging economies is good news for the world economy: for its growth, it has much less need of a strong America. The bad news for America is that this, in turn, may mean that the world also has less need of the dollar.
Therefore, Amit Varma and Kiruba. QED.