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Manmohan Singh Harshad Mehta act II
by Sameer on Mar 17, 2008 05:34 PM

Those who were around should recall crash on 1995. Manmohan Singh is India's Greenspan. He removes all the controls on the banks who lend money to all shady FIIs and brokers who speculate in the stock market and real estate. Initially it looks very good but soon things start imploding and money disappears.
He is letting speculators play with the hard earned money of average poor Indian which is deposited in the banks.
Capitalism without transparency, checks and balances is the worst form of government.

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