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A comment on India’s banking system is flirting with a Lehman moment. Parent comment

Re:India’s banking system is flirting with a Lehman moment by throwawawy42348 on Saturday November 10, 2018 @07:59AM (#18421147)
Indeed, I suspect demonetization was in part a scheme to replenish the reserves of the state banks.
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Re:India’s banking system is flirting with a Lehman moment by vijaybritto on Saturday November 10, 2018 @08:29AM (#18421246)
I think it was bring back cash and also to win Uttar Pradesh state elections. A 100+ plus people died because of that and not many people cared. Sigh
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Re:India’s banking system is flirting with a Lehman moment by kamaal on Saturday November 10, 2018 @09:49AM (#18421492)
>>not many people cared

No person in India cares much anybody or anything else. Unless they are directly affected by it.

People optimize so much personal good, that bad things happening to others are actually celebrated.

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Re:India’s banking system is flirting with a Lehman moment by beerlord on Saturday November 10, 2018 @08:19PM (#18424491)
The Indian population is growing by 1,920 people per hour- so they would have been quickly replaced.
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Re:India’s banking system is flirting with a Lehman moment by throwawawy42348 on Saturday November 10, 2018 @08:01AM (#18421150)
... of course low credit rate means money has a tendency to go into unproductive sectors (ala Japan's Bubble heydays).

(I'm glad to see Economist reflect my understanding.)

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Re:India’s banking system is flirting with a Lehman moment by nhauz on Saturday November 10, 2018 @09:09AM (#18421380)
Why don't you write all of this in just one post?
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