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Re:India’s banking system is flirting with a Lehman moment by quantummkv on Saturday November 10, 2018 @10:32AM (#18421695)
> It's really not clear what's going on in the Indian state.

It's crystal clear actually. Decades worth of stupid decisions (or indecision, as many claim) are finally bearing fruit. Unfortunately the current government, the first in many years that is actually taking some decisions to get the ship in working order is gonna get caught in the quicksand created by its predecessors.

Re:India’s banking system is flirting with a Lehman moment by kc10 on Saturday November 10, 2018 @02:29PM (#18423023)
> Unfortunately the current government, the first in many years that is actually taking some decisions to get the ship in working order

Well, the current government did its part in letting the tycoons, who took large loans, get out of the country. The currency ban was another stupid mistake (source:https://www.nytimes.com/2018/08/30/world/asia/modi-india-rup...) that led to chaos and people lost trust in the banking system. They don't know if they will easy access to their money in the banks with the cash withdrawal limits and ATM issues.

If people lose trust and don't deposit the money, eventually the whole system would collapse.

Re:India’s banking system is flirting with a Lehman moment by wtmt on Saturday November 10, 2018 @01:41PM (#18422748)
> Unfortunately the current government, the first in many years that is actually taking some decisions to get the ship in working order is gonna get caught in the quicksand created by its predecessors.

Citation (and additional information) required on this part, please.

Re:India’s banking system is flirting with a Lehman moment by eric24234 on Sunday November 11, 2018 @02:35AM (#18425389)
The BJP(current government) has neither the brains and nor the motivation to develop the country. All they want to do is get the country back to the vedic period(which is nothing but denting the education to the majority of the people).The leader of the party Modi was in the ads(jio) publicly. It was a public announcement by the corporate to the other organizations that they own the government. Also this same government banned the beef. This government is more like trump focusing on religious hatred for votes and nothing more that that(https://en.wikipedia.org/wiki/2002_Gujarat_riots was led by the current leader and prime minister of the party).
Re:India’s banking system is flirting with a Lehman moment by sbmthakur on Sunday November 11, 2018 @07:07AM (#18426016)
Yup.

Construction of roads and toilets, GST, IBC, electrifying of all villages and all other reforms initiated by the current government are part of a larger scheme that's taking us back to the vedic period.

Re:India’s banking system is flirting with a Lehman moment by rick22 on Monday November 12, 2018 @09:30AM (#18432767)
To understand real indian culture with the proofs and evidence this short essay(Annilation of Caste) will gives the idea http://ccnmtl.columbia.edu/projects/mmt/ambedkar/web/reading.... Once you read this essay you will have pretty clear idea when speaking to indians about their motivations. Also this author arundathi roy is fascinating https://www.youtube.com/watch?v=ddKzcrwC9os. She has shared stage a lot of times with Noam Chomsky too.
Re:India’s banking system is flirting with a Lehman moment by kashif on Saturday November 10, 2018 @12:13PM (#18422215)
ha, that is patently untrue, but like your claims mine will also remain unsubstantiated