Back in the shortage economy

News Today 10.05.2021

India is once again the focus of global attention, as it was in the mid-1960s when two consecutive years of drought resulted in a severe shortage of food. Then, India had to turn to the U.S. for assistance. This did arrive, but grudgingly, for India had not supported the West during the Cold War. The lore is that President Lyndon Johnson had directed: “Send food to India by the shipload, so that she is kept on a short lease”. (Read More)


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