Don't think it affect's the U.S. markets much, especially now that both China and India are de-escalating. Unless the situation escalates to a full scale war scenario, I doubt the U.S. markets will react to it much.
Ladakh Flash Point
- Thread starter Mt1701d
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Don't think it affect's the U.S. markets much, especially now that both China and India are de-escalating. Unless the situation escalates to a full scale war scenario, I doubt the U.S. markets will react to it much.
AssassinsMace
Lieutenant General
The market just closed and CNBC taking heads discuss what moved the markets today and so far no mention of this clash.
Cause most people don’t care. This is on the edge of the world boarder skirmish. Nobody cares except Indians because Hindu nationalism under Modi is out of control.
AssassinsMace
Lieutenant General
That's why I look at the markets. They're more sensitive to things even to rumors. If the market surged just because news China was handling the coronavirus in Beijing, they would react if China was headed into increased military conflict.
The coronavirus situation in China is economically important, the PLA squashing some squatters and booting them out of Chinese territory is not economically important.
Indians got humiliated so badly that they have to spin the number of death to save face. Neither the Indian government or the Chinese government say the actual number of deaths on the Chinese side.
Credible News media around the World:
Reuters- say 20 Indian soldiers dead clash with Chinese Troops
AP News-say 20 Indian soldiers dead clash with Chinese Troops
Forbes-say 20 Indian soldiers dead clash with Chinese Troops
NPR News-say 20 Indian soldiers dead clash with Chinese Troops
The New York Times- say 20 Indian soldiers dead clash with Chinese Troops
CNN- say 20 Indian soldiers dead clash with Chinese Troops
say 20 Indian soldiers dead clash with Chinese Troops
Vox- say 20 Indian soldiers dead clash with Chinese Troops
ABC News- say 20 Indian soldiers dead clash with Chinese Troops
Sky News- say 20 Indian soldiers dead clash with Chinese Troops
Al Jazeera- say 20 Indian soldiers dead clash with Chinese Troops
Credible News media around the World:
Reuters- say 20 Indian soldiers dead clash with Chinese Troops
AP News-say 20 Indian soldiers dead clash with Chinese Troops
Forbes-say 20 Indian soldiers dead clash with Chinese Troops
NPR News-say 20 Indian soldiers dead clash with Chinese Troops
The New York Times- say 20 Indian soldiers dead clash with Chinese Troops
CNN- say 20 Indian soldiers dead clash with Chinese Troops
say 20 Indian soldiers dead clash with Chinese Troops
Vox- say 20 Indian soldiers dead clash with Chinese Troops
ABC News- say 20 Indian soldiers dead clash with Chinese Troops
Sky News- say 20 Indian soldiers dead clash with Chinese Troops
Al Jazeera- say 20 Indian soldiers dead clash with Chinese Troops
AssassinsMace
Lieutenant General
Going to war would affect the economy. Markets tanked as they made the coronavirus cases in Beijing to be the second wave of doom and the end of China and they couldn't handle it like they said for the first wave. Now it's up because of news Beijing is handling it.
But no one is going to war right now. If that was indeed the case, we should have heard rumours of artillery shellings or air strikes by now. Looks like a de-escalation process is in place and it's unlikely India would drag this out.
AssassinsMace
Lieutenant General
Not saying anything that war was coming. I'm saying the markets are sensitive to this. What does it say when the sensitive markets don't react to reports from India. That's why I questioned if this were actually true. Any news reports are still based on Indian news reports.
I'd like to wait for clear information out there before making big comments but seems to me that the PLA forces in the area might have lost patience with the constant testing and decided to make an example out of one group who went too far. And it escalated into people getting killed. The Chinese side are either keeping their casualty figures unreleased either because a) they got truly stomped in the brawl or b) don't want the Indians to lose any more face than absolutely necessary. With the general behaviour we've seen & lack of professionalism (remember that Major who got punched?), I'm inclined to believe the latter and they're giving yet another way out.
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