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India
India: Cash Is Back (But The Crisis Has Deepened)
Authored by Jayant Bhandari via Acting-Man.com,
Nobody for President
On 17th July 2017, India will elect a new President through a vote of the elected representatives. The two real choices are between Ram Nath Kovind and Meira Kumar. Afraid of looking completely ignorant, I asked a few people who Kovind is. No-one knew of him and people only vaguely remembered Ms. Kumar.
The Next Financial Crisis Is Not Far Away
Authored by Gail Tverberg via Our Finite World blog,
Recently, a Spanish group called “Ecologist in Action” asked me to give them a presentation on what kind of financial crisis we should expect. They wanted to know when it would be and how it would take place.
The Hidden Motives Of The Chinese Silk Road
Authored by YaleGlobal Online via OilPrice.com,
China’s Belt and Road Forum, hosted with great fanfare, signals the priority of this flagship connectivity initiative while also underlining its credentials as the new “shaper” of global trends and norms. Exhorting all countries to participate, Chinese President Xi Jinping suggested that “what we hope to create is a big family of harmonious co-existence.”
First India Bans Cash, Now It's Targeting Gold
Authored by Jeff Paul via ActivistPost.com,
In November of last year, India banned certain cash notes in a bold move to force businesses into the banking system to better harvest more taxes from its livestock.
Now, under the guise of “improving transparency” and forming a “common market,” India has begun targeting gold with new taxes, regulation, and incentives for citizens to turn over their undeclared gold to the financial sector.