this post was submitted on 03 Feb 2024
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Neoliberalism, the literal airlifting of gold reserves to the UK in 1991 being one of the more infamous examples
Underdevelopment, so much of India is still agrarian and semi-feudal
Unresolved contradictions caused by partition, which creates a social base for Hindu nationalism
The liberalization of the Congress Party, which creates a political base for Hindu nationalism
25% of Indians are illiterate, lack of education plus miseducation (the fascist Whatsapp plague) hits Indian politics hard
omg
Never keep your gold/money reserves in other countries. It just gives them another chain to yank. Why does anyone do this?