World Business Bullions

[fox1981]

In the world of radical chanding events, i read in many newspapers that indian middle class and Rbi indian expatriats are every now and then after US businesses and small scale sector merchants businesses. They want to expose mainly NRIs of 1990s who hoarded wealths from their private sector small sector indian businesses funds and later invested in offshore businesses in USA. Later they had profits and made settlements in USA. So other indian high stake NRIs who too had followed the trend had invested their money in UK euro and swiss offshore banking segments. So the indians who are after them somehow managed to get the list of indian bankers of USA businesses of 1990s and lamented them as black money hoarders laundering. And as the UK euro and swiss government denied indian rbi middle class expatriats but USA totally exposed all their funded accounts and assets as well. So in the true devotion of funneling the money deposited invested from indian private businesses growth kept in as USA bullion to indian markets again thereby distributing them as offshore businesses ventures under some foreign named companies etc etc to the middle class developement and modernization of much deprived middle classes of india since ages. So how come US government gave all away in a big expose list of indian beaureucrats and how they managed to satisfy indians living abroad as well indians coming back as well keeping everyone at bay? Is this something linked to 9/11 trade center fiasco or all money bullions and gold bricks were already moved by US government before hand only three months ago before 9/11 happened?

 

[Endy0816]

Do you have a link to a solid news article on this?

 

Generally sounds like the various items stored beneath the wtc were fine.

[fox1981]

no i have no links to the solid news articles, but i read here and there on the internet, so i just wanted to know?

Nowdays indian economy is going under new demonetization and curbing its money hoarding. So the indian government banned discontinued use of 500 and 1000 indian rupees notes which many indian merchants small scale jewellers and other traders hoarded them to lament them as black money. They printed out 2000 rupees notes and distributed them clumsily to record who traders hoarders would again take out of banks atms as cash to replace their old notes money and again thereby caught them red handed at their homes. But this really has affected the poorer people of say who had lesser known incomes and had cash stored at their homes but couldn't return them to the banks had then gone wasted millions of currency value but to no affect to the indian government.

Such is the illiterate society of indian people governments democracy of replacing cash with other lesser knowns money paying systems like cards etc. Whereas other governments urges its people to use cash instead of cards.

So if this money incoming is from converted US currency only that now indian people are so overflowing with money?

Edited December 16, 2016 by fox1981