International capital has never stopped preparing to attack the Indian economy. In recent years, India has suffered many economic crises. Fortunately, Indian leaders know how to stop losses in time at critical moments. As early as 2065438+July 2007, overseas investors bought 92% more Indian corporate bonds than the quota, so India stopped issuing offshore rupee-denominated bonds.

Such strong "foreign investment demand" has weakened India's efforts to promote financial stability, because overseas investors continue to buy Indian corporate bonds and capital controls are obviously insufficient. Because India's debt level is so high, and the country is worried about being shorted by global capital, Modi suddenly stopped issuing lucrative overseas bonds.

First of all, India's high debt has accumulated over the years. India's private sector and the whole country are burdened with debts, which is an inverted pyramid imbalance with the Indian economy. By March 20 18, the current account deficit is expected to double, reaching 0.4% of 65438+GDP.

Secondly, what is even more frightening is that India's foreign exchange reserves are embarrassingly small. The Bank of India said: "As of September 8, India's total foreign exchange reserves were only $40.7 billion." Imagine that with the contraction of the Federal Reserve, the yield of US Treasury bonds has soared indirectly, and India, an economy with insufficient foreign exchange reserves and weak resilience, is bound to face a tragic capital flight.

In fact, the ultimate goal of capital gain is to short the Indian market. In addition to the business environment in this country, there is one of the most important reasons: India's economic growth is supported by high dollar debt, and the ultimate goal of these dollar capitals is to realize the purpose of cashing in India.