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Posted

Lets guess, what if in 1980 world economies tried investing their monies in india. Then many things changed in india way back then, imported cars, bikes, modern rich lifestyle, walmarts etc etc. Then suddenly there was a indian economic breakdown, many foreign companies which once were lenient in indian markets took away their investments making indian banking system to liquify. Then indian bank accounts were hardly left only a thousand in number. So people with no money started riots on streets and pour their angers on communal reasoning.

Then after five years of bankruptcy, indian pm rajeev gandhi took a billion dollars financial loan aid from usa. So things stabilized for some time. That too in 1993 went unpaid.

So where and who controls the money economy of a country, like nowdays even egypt and greece are in turmoil.

Like as now india is seeing much more investments like as in 1980s, but what if the foreign and indian banking systems make the money dissappear?

Posted

So where and who controls the money economy of a country, ...

 

Who ? The speculative greedy oportunistic professionals. -Read bankers-

Where ? In their majestic chairman offices, daily licked by an army of servants, secretaries, investors, politicians...

Posted

It's impossible to tell. Investment like that in India would have changed the nature of the situation in the Indian economy, and that would have caused the Indian leaders to make different decisions.

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