https://www.bloomberg.com/view/topics/india
It certainly took everyone in India by surprise. But then, Prime
Minister Narendra Modi has a flair for the dramatic. In an unexpected
primetime address on Tuesday, he announced that in a few hours, millions
of high-denomination currency notes would no longer be legal tender.
It
was the only way, he insisted, to deal with “the disease” of
unaccounted-for income — or “black money,” as it’s called in India.
“Your money will remain yours,” he assured a stunned citizenry — as long
as you get around to depositing it in post offices sometime over the
next several weeks.
March 16, 2017
Mumbai: A new internet is
being built: it has 1.1 billion users, a third of the world wide web.
Indian banks are running transactions on it and Microsoft has embedded
it into Skype. http://m.gulfnews.com/business/sectors/banking/india-id-plan-wins-world-bank-praise-amid-big-brother-fears-1.1995195#
The
biometric identifier program Aadhaar — or “foundation” in Hindi — has
taken on a life of its own, authenticating loans and job seekers,
pensions and money transfers across India. And last week’s landslide
state election win could embolden
Prime Minister Narendra Modi to
push Aadhaar beyond its early cost-saving goal, even as questions are
raised about the security of its data and the proliferation of private
companies seeking to profit from the information it stores.
So, in just 4 months, one of the most densely populated countries on
planet earth has implemented not one, but two policies that NWO
conspiracists have warned us about for years.
The concern
generated by policies that give governments more control over a
citizen’s ability to purchase in anonymity, while at the same time
giving the government a method to track the citizen through checkpoints
of daily/weekly/monthly activities should be viewed as legitimate.
Ever
increasing examples of corrupt government colluding with corporations
and banks on a global scale, (see Libor as recent example) coupled with
media outlets that are constantly and blatantly lying to citizens points
to a fairly logical conclusion.
We are giving up everything to a system that cannot and should not…be trusted.
Let’s
wait and see how it plays out in India will be the most common reaction
to this post. But I would remind the reader that the citizens of India
were given no warning at all before the first development.
As we
watch ex-Goldman Sachs members take over more and more of the most
important positions in the current White House administration we need to
start asking ourselves some difficult questions.
Questions like –
Has our government earned or lost our trust overall?
Have central banks given us any reason to trust them?
Have oversight procedures regarding the two most powerful entities in our country been successful?
When we look at the constant rash of scandals repeated time and time again the answers are quite obvious.
More
importantly, we need to start having public discourse regarding the
possible answers to those questions. We may not have as much time as we
once thought.
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