Re: [IAC#RG] Two major demonetisation reports today in The Citizen

Has anyone looked into the possibility of #demonetisation being used as a decoy for a bank bailout ?.  The timing, haste and total lack of planning makes it look like they had to get the banks recapitalized within the shortest possible time or else risk a systematic failure.  

On Wed, Nov 23, 2016 at 5:02 AM, Seema Mustafa <seemamustafa@gmail.com> wrote:

Renowned economist Prabhat Patnaik, in his latest article on #demonetisation, explains why "demonetization, far from being an attack on the "black economy", would in effect turn out to be an attack on the vulnerable "informal" segment of the "white economy.""

http://www.thecitizen.in/index.php/NewsDetail/index/1/9263/Demonetisation-The-Lies-The-Government-Weaves-As-It-Abandons-Reason

How has the world responded to India's #demonetisation measure?

http://www.thecitizen.in/index.php/NewsDetail/index/1/9260/Worst-Mistake-of-PM-Modis-Career-World-Media-and-Economists-Decry-Demonetisation-Havoc-in-India

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Seema Mustafa

Founder-Editor

The Citizen

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Regards,
Prem

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