The Global War On Cash: Target India – Part 2

In the first part of this Global War On Cash Series we saw how Ronald Reagan’s economic strategies born of the Cold War to counter Soviet expansion and disrupt it’s economy paved the way for the Financial Crisis of 2008 creating a liquidity crisis of global proportions. As Western-European economies are still reeling under the pressure of this financial crisis the Chinese together with the Russians are pushing them further into recession which may well spell the end of the supremacy of the banking houses of London and New York as financial centers. It is to maintain their economic dominance that a war on cash is being waged and it is here that India comes into picture.