Headline of the day:
Oh, wait, it’s not Sitaram Yechury, it’s some random woman in Germany. I suppose I was misled by the amount of hot air in this recent Yechury piece. Consider, for example, this line:
If India needs to insulate itself relatively from this [subprime] crisis, then it must abandon all such measures of financial liberalisation that will inexorably tie India to the growing global uncertainties.
Let’s all just stay poor then, so there’s no danger of losing the money we haven’t had a chance to earn anyway. Such logic!
(Fox link via email from Gautam.)
Update: As some readers have pointed out, I made a mistake by attributing Yechury’s article to Prakash Karat when I made the post a few hours ago. I know, same difference, but it was a silly mistake I shouldn’t have made. Corrected now.