India

The Obama administration were behind the recent ban on cash in India, which saw millions of citizens take to the streets in protest.  In early November, without any warning, the Indian government banned two of the largest denomination bills at Washington’s request. Norberthaering.de reports: US-President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. China needs to be reined in. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the Indian ministry of finance.

Over 50 days after Indian Prime Minister Narenda Modi stunned India's population when he announced on November 8 he would unexpectedly eliminate 86% of the existing currency in circulation in what was supposed to be a crackdown on the shadow economy, but instead has resulted in a significant hit to the broader, cash-based economy, overnight we noted the first official confirmation of how substantial the impact of Modi's demonetization has been, when the Nikkei India Manufacturing Purchasing Managers Index printed at 49.6 in December, the first contraction reading since December 2015, as the

Submitted by Federico Pieraccini via Strategic-Culture.org,

Submitted by Jayant Bhandari via Acting-Man.com,

India’s Prime Minister, Narendra Modi, announced on 8th November 2016 that Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes would no longer be legal tender. Linked are Part-I, Part-II, Part-III, Part-IV, Part-V, Part-VI and Part-VII, which provide updates on the demonetization saga and how Modi is acting as a catalyst to hasten the rapid degradation of India and what remains of its institutions.

India’s Pride and Joy

Some of the most industrious people in the world no longer have enough money to buy food. India’s Prime Minister Narendra Modi under the guidance of international banksters has imposed one of the most idiotic monetary policies in history and thrown a spanner into the beautifully crafted and functioning Indian economy. Over 1.25 billion people in India are now facing an economic crisis as 86% of the country’s currency is being taken out of circulation.