In the first part of this FDI Series we saw how after the collapse of the US economy in 2008, the Dubai Economic Miracle experiment was hatched to get rid of the Dubai FLU via Foreign Direct Investment in India routed through the tax-havens; whereby the Nathan Mayer Rothschild Group was able to suck money out of India to bailout the UAE economy out, without even Indians knowing about it. With incredible amusement, the Western world watched ‘dumb’ Indian State Governments and the Union (Indian) Government succumb silently, one after the other, to NMR Group and Emmar Properties, Dubai, all falling for a single catch phrase: ‘FDI is development and will create (temporary) jobs’.
What further bemused western governments, was that, when frauds were reported, (where not reported, no one even had a clue) we Indians still dodged them to the extent that, after a point, the investigation only served the purpose of statistical data collection for the CBI and for arresting local Indians. The We...
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