Thread on the Molotov-Ribbentrop Pact:

1. In August, 1939, Stalin called on the UK and France to form an anti-fascist alliance. It was only after they rejected this proposal that the USSR signed the Molotov-Ribbentrop Pact to buy time in order to prepare for the war.

2. Getting sick and tired of gentrified "leftists" claiming that Stalin and Hitler "divided up Poland." What it meant was that either side crossing the line of the rivers Narev, Vistula and San would be seen as an invasion of the other country.
3. By the time the USSR entered Poland, the Polish government was already in exile and thus there was no Polish state. The Red Army's entry into Poland was therefore not an invasion.
4. Furthermore, the Polish government-in-exile declared war on Germany when it invaded Poland, but did not declare war on the Soviet Union when the Red Army entered. Additionally, the Polish Army was ordered to not fight the Soviets.
5. France had a mutual defense treaty with Poland, but it did not declare war on the Soviet Union. Another funny thing that people seem to forget is that prior to the Molotov-Ribbentrop Pact, a bunch of countries signed similar agreements with the Germany: UK, France, POLAND, etc
6. To quote Mao on this topic: "When Poland became the burning question in the spring and summer of this year and it was touch-and-go whether world war would break out,
7. the Soviet Union negotiated with Britain and France for over four months, despite Chamberlain's and Daladier's complete lack of sincerity, in an endeavour to conclude a treaty of mutual assistance to prevent the outbreak of war.
8. But all these efforts were blocked by the imperialist policy of the British and French governments, a policy of conniving at, instigating and spreading war, so that eventually the cause of world peace was thwarted and the imperialist world war broke out.
9. The governments of Britain, the United States and France had no genuine desire to prevent this war; on the contrary, they helped to bring it about.
10. Their refusal to come to terms with the Soviet Union and conclude a really effective treaty of mutual assistance based on equality and reciprocity proved that they wanted not peace but war."
11. "It was in these circumstances, and when Germany agreed to stop her anti-Soviet activities, abandon the Agreement Against the Communist International and recognize the inviolability of the Soviet frontiers, that the Soviet-German non-aggression treaty was concluded.
12. The plan of Britain, the United States and France was to egg Germany on to attack the Soviet Union, so that they themselves, "sitting on top of the mountain to watch the tigers fight", could come down and take over after the Soviet Union and Germany had worn each other out.
13. The Soviet-German non-aggression treaty smashed this plot."

Source: https://t.co/NrHEGDRma2

More from Economy

On Jan 6, 2021, the always stellar Mr @deepakshenoy tweeted, this:

https://t.co/fa3GX9VnW0

Innocuous 1 sentence, but its a full economic theory at play.
Let me break it down for you. (1/n)


On September 30, 2020, I wrote an article for @CFASocietyIndia where I explained that RBI is all set to lose its ability to set interest rates if it continues to fiddle with the exchange rate (2/n)

What do I mean, "fiddle with the exchange rate"?

In essence, if RBI opts and continues to manage exchange rate, then that is "fiddling with the exchange rate"

RBI has done that in the past and has restarted it in 2020 - very explicitly. (3/n)

First in March 2020, it opened a Dollar/INR swap of $2B with far leg to be unwound in September 2020.

Implying INR will be bought from the open markets in order to prevent INR from falling vis a vis USD (4/n)

The Second aspect is now, that dollar inflow is happening, and the forex reserves swelled -> implying the rupee is appreciating, RBI again intervened from September, by selling INR in spot markets. (5/n)
https://t.co/9kpWP7ovyM

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This is NONSENSE. The people who take photos with their books on instagram are known to be voracious readers who graciously take time to review books and recommend them to their followers. Part of their medium is to take elaborate, beautiful photos of books. Die mad, Guardian.


THEY DO READ THEM, YOU JUDGY, RACOON-PICKED TRASH BIN


If you come for Bookstagram, i will fight you.

In appreciation, here are some of my favourite bookstagrams of my books: (photos by lit_nerd37, mybookacademy, bookswrotemystory, and scorpio_books)