You did not notice but the third world war started – it is the fight for dominance in oil and trade
Balaji Reddy, Special Correspondent
January 10, 2005

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You may think that the third world war would be a devastating one with nuke exchanges that will terminate the world, as we know in hours. No it did not happen. The cold war ended and other mini superpowers do not have the guts to launch the big one. You may think Osama and Al-Queda will create the problem. No they are right now running for cover. They got uprooted in Afghanistan proper and in Pakistan. There are little places where they can exert their menacing terrorism. That does not mean they are out of business. They just realized late last year – the third world war has started and they were fighting a wrong war with wrong ammunition called terror.

This new dangerous third world war is all on trade and energy resources. No country in the world can survive without viable and reliable source of energy without going back to cave ages. The farmers need energy, the factories need energy and in the developed world (who is really under developed these days?) you need energy to travel even a few blocks. At the same time nations also need to generate money to pay for the energy. Energy demand is rising rapidly as people in India and China wake up to the call of American dreams of good life and modern amenities. The Energy supply is stagnant if not declining because of various geopolitical situations and terrorism possibilities.

The third world war is about oil and trade. Three major blocks have emerged. The first is the Americans with some allies like Australia, Japan and so on. The second is BRIC (Brazil, Russia, India and China). The third is the European Union. The triangle of international politics is complex and a diplomatic challenge for all head of states. For example India is the process of a tug of war between the Bush led Americans and the Putin led BRIC. China is definitely in BRIC quarter. Russia is leading the BRIC with its big oil reserve. Brazil is in similar situation as India but they are leaning towards BRIC because of Chinese imports of Brazilian grain and other agricultural products. India is scared to antagonize the Americans. They love earning American dollars and Euros by exporting English speaking educated bodies or services to the West. But the heart of India is with the BRIC. Self respect and independence is very important in India. If you leave out the Indian oligarchs in the field of call centers, Information Technologies who make money by exploiting young educated people (a modern version of high tech slave trading), the rest of the country is pro-BRIC. India is also concerned about the ‘Pakistani nuisance effect” – Pakistan is not really a threat in any sense but can be a perpetual nuisance to deal with. For earning easy money based on H1 temporary work visas in America and so called providing outsourcing services and keeping Pakistani ambition in check, India just cannot antagonize the Americans. Also these Indian oligarchs fund the election of all the political parties. The Indian oligarchs control all the political parties. And as long as Americans keep providing outsourcing money to these oligarchs, India will stay neutral.

China is different story. They like to sell to the Americans and the Europeans but do not like to be dominated by them. They are spearheading an outright oil competition with America and India. They are happy with their fantastic balance of trade; sky rocketing foreign exchange reserves and they believe they can conquer the world once they have enough energy resources under their control. Lot of companies stampeded into China to make money with cheap labor, they are realizing that there is no way you can make money there. For communist China it is a one-way door. All direct investments are welcome in but do not ask for taking profit out!

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