Interesting piece, partly on foreign capital in India (Chinese, US, and - partly coded - Jewish capital); and on weapons. But also on shortage of uranium making nuclear power a 'hoax'. (The author of the piece believes nuclear power, and weapons, exist - he means power is a hoax in the sense it's not workable over the long term, and also in the sense radiation is dangerous). However the author is bullish on 'hydel', wind, and sun power. Too long to copy in full, perhaps, but I've put a few short extracts below.
The agreement allows1 8 out of the 22 existing reactors and a fast breeder reactor under construction to remain outside the purview of International Atomic Energy Agency inspection. So, India's nuclear weapons programme can continue.
India is now Israel's largest customer for weaponry. In 2000, India's defence purchases from Israel amounted to $1.5 billion.
The USA's honeymoon with China seems over. In spite of the penetration of US finance capital into the huge Chinese market, Chinese trade and monetary policy is hurting the US. In the 11 months ending in November, 2006, the US had a trade deficit of $214 billion with China2, and China refuses to reduce this deficit by revaluing its currency for fear that cheap foreign agricultural products will invade and destabilise its rural economy and further disturb its already restive peasants.
Uranium resources will run out in the same time frame as fossil fuels. The 70,000 t of uranium reserves will be finished in 30 years (The South Asian, April 16, 2006).
Our coal reserves8 are 38 billion t, with a total thermal energy potential of 21,151 GWYr.. .... A little energy use (compound growth) calculation shows that coal, at 51% usage, will, last another 38 years or so. India's oil and gas reserves are 12 billion t, with a total thermal energy potential of 16,204 GWYr.....At this rate of usage, hydrocarbons will last another 36 years or so.