Author Topic: India Decides to get stupid.  (Read 745 times)

Scout26

  • I'm a leaf on the wind.
  • friend
  • Senior Member
  • ***
  • Posts: 25,997
  • I spent a week in that town one night....
India Decides to get stupid.
« on: November 17, 2016, 03:15:51 AM »
And the 2nd most populous country in the world decides to destroy 86% of it's cash in one fail swoop.  :facepalm: :facepalm: :facepalm:

This could get very ugly, very fast....

http://www.bbc.com/news/world-asia-india-37983834

Some days even my lucky rocketship underpants won't help.


Bring me my Broadsword and a clear understanding.
Get up to the roundhouse on the cliff-top standing.
Take women and children and bed them down.
Bless with a hard heart those that stand with me.
Bless the women and children who firm our hands.
Put our backs to the north wind.
Hold fast by the river.
Sweet memories to drive us on,
for the motherland.

Perd Hapley

  • Superstar of the Internet
  • friend
  • Senior Member
  • ***
  • Posts: 61,448
  • My prepositions are on/in
Re: India Decides to get stupid.
« Reply #1 on: November 17, 2016, 07:21:26 AM »
"fail swoop"  :lol:
"Doggies are angel babies!" -- my wife

Hawkmoon

  • friend
  • Senior Member
  • ***
  • Posts: 27,314
Re: India Decides to get stupid.
« Reply #2 on: November 17, 2016, 11:53:28 AM »
- - - - - - - - - - - - -
100% Politically Incorrect by Design

Brad Johnson

  • friend
  • Senior Member
  • ***
  • Posts: 18,092
  • Witty, charming, handsome, and completely insane.
Re: India Decides to get stupid.
« Reply #3 on: November 17, 2016, 12:17:30 PM »
Making it illegal to own certain types of commonly circulated bank notes in an economy largely based on cash transactions? Can you say "Uprising" boys and girls?

Brad
It's all about the pancakes, people.
"And he thought cops wouldn't chase... a STOLEN DONUT TRUCK???? That would be like Willie Nelson ignoring a pickup full of weed."
-HankB

RevDisk

  • friend
  • Senior Member
  • ***
  • Posts: 12,633
    • RevDisk.net
Re: India Decides to get stupid.
« Reply #4 on: November 17, 2016, 01:07:07 PM »
It sounds like a large percent of Indians do not use banks, and thus are significantly harder to tax. In an attempt to get more people to pay tax, they're discontinuing certain old bank notes for new bank notes only issued through actual banks.

I'm not sympathetic towards folks who illegal dodge taxes, but this will not end well.
"Rev, your picture is in my King James Bible, where Paul talks about "inventors of evil."  Yes, I know you'll take that as a compliment."  - Fistful, possibly highest compliment I've ever received.