Tornado Alley (PROG)

[fuagf]

It's important a, Trump as president and family business, watch is kept.

Off that particular Trump-America problem to one of India's which could have repercussions elsewhere .. this from a link inside your HuffPo ..

The Effects of India's Currency Reform? 'Chaos' Say Analysts
By THE ASSOCIATED PRESSNOV. 18, 2016, 2:36 A.M. E.S.T. .. bits ..

"Basically, you've created chaos," said Steve H. Hanke, an applied economist at Johns Hopkins University in Baltimore and a global authority on currency
policy. "India is a cash economy. It's not like Europe or the U.S. where everyone is running around with a credit card. That's not the world of India."

[...]

The government used a similar demonetization in the late 1970s. But it failed to curb corruption, and the underground economy has grown immensely larger since then.

Plenty of Indians do use cash transactions to hide their wealth and avoid taxes — less than 3 percent of the population
pays income taxes — and the authorities occasionally arrest businesspeople or corrupt officials with currency hoards
that can fill trucks. But plenty more people use cash because of habit, poverty or a lack of easy access to banks.

So instead of just aiming squarely at wealthy tax dodgers, the demonetization is also hammering the poor, the working-class
and small business people whose lives have been turned upside down during the transition to new currency notes.
http://www.nytimes.com/aponline/2016/11/18/world/asia/ap-as-india-currency-chaos.html?_r=0

From your HuffPo

Mehta told the paper that he did not get to talk to the president-elect about
the Indian government’s sudden policy implementation of currency demonetization ..
http://www.nytimes.com/aponline/2016/11/18/world/asia/ap-as-india-currency-chaos.html ..
this month, but “his kids knew about it and they termed it as an incredibly bold move.”

The Trump transition team did not immediately respond to a request for comment.
http://www.huffingtonpost.com.au/entry/donald-trump-conflict-of-interest_us_58309ad8e4b058ce7aab78fe

The "bold move" of Modi's sure doesn't look like a good move. But, hey, bold is what counts in the Trump camp, eh.