Round Tripping Black Money As FDI -India’s Biggest Scam
One of the leading puzzles related to cross border flow of investment is the phenomenon of ‘Round Tripping’. Here, money from a country (eg. India) flows to a foreign country (Mauritius) and comes back as foreign direct investment to India. We were told that demonetization would combat the black economy and also crack a whip […]
Tata Corus Deal – Uncovering The Mystery Of The White Knight
Following the 2008 Financial Crisis notable financial institutions worldwide were severely hit. Many had to be taken over or merged with another financial institution, others nationalized by a government or central bank rest declared insolvent or liquidated. The only problem was there wasn’t enough liquidity in the markets. The not so lucky ones were gobbled […]
IMF Wants India To Wage War On Cash & Push For A Cashless Society
In the face of strong public opposition the International Monetary Fund (IMF) published a working paper offering governments suggestions on how to move toward a cashless society. In its recent report The Macroeconomics of De-Cashing, the IMF proposed to abolish cash and recommended to adopt measures in order to restrict its use. The paper defines […]
The Global War On Cash: Target India – Part 2
In the first part of this Global War On Cash Series we saw how Ronald Reagan’s economic strategies born of the Cold War to counter Soviet expansion and disrupt it’s economy paved the way for the Financial Crisis of 2008 creating a liquidity crisis of global proportions. As Western-European economies are still reeling under the […]