Ben Ezra
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benezrafx.bsky.social
Ben Ezra
@benezrafx.bsky.social
FX & Emerging Markets insights with a global lens. I write about currencies, capital flows, global markets, and the political economy driving them.
3/3

Yes,The Kremlin will like to buy goods from India , but it would always be negligible compared to oil Imports that India will buy eventually
December 5, 2025 at 2:03 PM
2/3

It's easier said than done , because the Bilateral trade surplus now stands with Russia as it Accumulated Rupees which it can't use other than buying goods from India. So the question is whether the Bilateral trade will be fruitful for Reducing India's trade deficit with Russia?
December 5, 2025 at 2:03 PM
Reposted by Ben Ezra
2/8
This shouldn't surprise us, even if it seems to go against what we've been reading in headlines in recent years. China is the largest net export of capital in the world, which is just the flip side of its running the biggest trade surpluses in the world.
November 18, 2025 at 9:53 AM
2/2

Instead, it has reinforced the transactional nature of modern capitalism, where value increasingly accrues to capital rather than to labor.
November 12, 2025 at 4:51 PM