Dr. Radhika Desai told Sputnik that the India – Middle East – Europe Economic Corridor (IMEC) promoted by the US pale in comparison to the Chinese Belt and Road Initiative (BRI) which has "just celebrated its 10th year. It has built projects in over 150 countries. It has spent $1,000,000,000,000 over this period."
"Meanwhile, this project that he's [US President Joe Biden] talking about hasn't even mobilized the funds," the professor stressed.
Desai argued that the so-called alternative to the BRI is unable to gather funds for its implementation for the reason that the private sector is unwilling to invest in long-term projects which may result in an increased of burden on taxpayers in Western countries.
"They expect that the private sector is going to come and pony up the funds, which, of course, as you know, every time you assume that the private sector is going to invest in any infrastructure, it usually comes with vast amounts of essentially a backing by government, which then means that the private sector can make essentially risk free profits, super profits, mega profits by jacking up costs all the time. And meanwhile, if anything goes wrong, then the taxpayer of many different countries is there to essentially bail them out. So this is what he is calling the equivalent of the Belt and Road Initiative. I mean, it really is remarkable," the professor stated.
Further on, Desai emphasized that the Biden administration has been lying on many topics of both domestic and international agenda. She made several arguments to prove the
deceitful nature of US policy.
"I mean, every premise upon which today the rule of the people that Biden represents is truly justified in the United States, whether it is domestic policy or international policy is based on
lies," the professor highlighted.
The analyst argued that the US and democracy has nothing in common since the ruling class does not represent the interests of ordinary people, but of the privileged minority.
"United States today represents nothing more than a plutocracy, because basically, no matter who is elected, the interests of the 1% are what are what they the they promote and protect," Desai stressed.
"You know, so I mean, one can go on and on, but I mean, practically everything they say these days to legitimize their rule is wrong. But they feel, for example, these build back better programs. You know, he was elected in order to revive the American economy. But how can a president who owes his position to a small number... of big capitalists were essentially sitting on top of an extremely financialized system whose purpose is precisely not to invest in production, not to create jobs, but essentially make profits without making anything, without producing anything," the professor stated.
Referring to the worldwide protests against Israeli bombing of Gaza, the professor emphasized that the "policy based on lies" is not working the way the White House wants.
"And these lies... they're not working. As you know, hundreds of thousands of people are choking the streets of every major metropolis in the world, essentially calling for an end to this, even though their own government is saying that, you know, I think it was the home secretary of the UK who called them 'hate marches'... The government is trying to dissuade them from doing so. But these things are going on. So, these lies are not working... They say you can fool some of the people some of the time, but you can't fool all of the people all of the time," Desai stressed.
Re: Israel vs Palestine/Lebanon/Iran/Yemen/Syria: a New Middle East War
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