Why does George soros want to bring Modi down? How dose this affect India? Geopolitics case study
Why does George Soros want to bring Modi down? How does this affect India? Geopolitics case study.
Introduction of corporate evil
Hi, everybody. The clock for the general elections in India has already started ticking. And as the second-fastest growing nation and the biggest democracy in the world, India as a country has become the hottest battleground for the most powerful forces in the world. And one such powerful force is this man named George Soros. On February 16, 2023, George Soros made a comment about a prime minister that sparked a massive controversy in India.
India is an interesting case. It's a democracy. But its leader, Narendra Modi, is no democrat. Inciting violence against Muslims was an important factor in his And while most people might think of Soros as yet another billionaire philanthropist, I want you to have a look at this graph. This is a graph that shows how much the pound actually depreciated against the German mark in 1992. On this day, the UK market lost over £3 billion, and the pound eventually crashed by 20 freaking percent. And this entire crash was initiated by none other than George Soros himself. This is how powerful George Soros is.
And now that he has his eyes on India, as citizens of the country, it is very, very important for us to understand what exactly is George Soros up to? So in this episode today, let's try to understand who the hell this man named George Soros is. How does he benefit from the downfall of a nation? What are the claims and arguments about his funding problems in India? And most importantly, as citizens of the country, what are the most important lessons that we need to remember so that we don't become the scapegoats of this information warfare? But before we move on, let me thank our partners in this episode, and that is Coding Invaders. As you might have seen, the international markets have been free falling in the past few months.
Black Wednesday of the UK
Let me take you back to one of the worst crises in the UK. This day is known as "Black Wednesday," and it is said to be the darkest day in the history of the United Kingdom. They call it Black Wednesday, a day that currency speculators broke the Bank of England, and the bank and British taxpayers lost £6 billion. The government faced one of the biggest financial crises in history. It was incredible. You can hear wave after wave of sellers hitting the market. It was a day when the Bank of England lost billions and speculators made fortunes. And the entire catastrophe was the result of just one man's strategy, which was none other than George's. Soros The question is: how on earth is it possible that a single billionaire can actually bring down one of the largest economies in the world? Well, the answer to this story lies way back in 1940s Europe. And as we know from our previous episodes, the Second World War shattered the European economies so badly that it took another 50 years to recover. And after the recovery, these European countries realized that it did not make any economic sense to compete with each other. and the fact that they could benefit more from cooperation than competition. This is the reason why they devised multiple systems of cooperation among themselves. And one such system of cooperation was something called an exchange rate mechanism. agreement or the agreement? This corporation system included Belgium, Denmark, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, and the United Kingdom. And in this system, each currency was allowed to fluctuate by a maximum of 6% as compared to a central currency rate. In the case of Britain, the Bank of England was imposed with the condition that the pound should not slip below 2.78 German marks or above 3.13 German marks. Now, this might sound a little complex. But don't worry, guys, I'll explain it in such a way that even a 15-year-old kid will be able to understand it.
Example
So, as usual, let's use a story to understand how George Soros played this system to crash the UK market. Let's say the pound is trading at 2.95 marks, as in, if you sold one British pound, you would get 2.95 German marks in return. And Nithya is a super-sharp investor who thinks that the pound is going to fall drastically. So what Nithya did was that she borrowed £1 billion for 30 days from another billionaire, Shreya, or she could even borrow these billions of pounds from a bank. And the condition of this transaction is such that after the tenure of 30 to 180 days, whichever is decided, Nithya has to return £1 billion back to Shreya. And in return for this lending, Shreya would receive a commission of 1–2%. And this transaction would be mediated by a broker, who would again receive a commission in order to carry out this trade. So now Nithya has £1 billion. Now, what she did was she rapidly started selling British pounds at 2.9 German marks, which was just below the currency trading rate of 2.95 German marks.
So in total, she sold 1 billion British pounds and got back 2.9 billion German marks. And when she sold these $1 billion at a discount, the entire market felt as if there was something terribly wrong with the UK economy. And guess what? Back then, the economy of the UK was actually going through trouble. If you look at this graph, the unemployment rate in the UK was peaking in the early 1990s, and even inflation was at a ten-year high in 1993. So if you look at this from a trader's perspective, do you realize it is the perfect recipe for a crash? Inflation is peaking just likethe previous recession. Unemployment is at a ten-year high, and the currency is being offloaded at a steep discount. So guesswhat? When Nythia offloaded 1 billion British pounds in the market, even other traders who had British pounds started selling. And when the snowballing of panic happened, the British pound's value came crashing down and started going below 2.95 German marks. And soon enough, it touched 2.827, 2.6, and even 2.4 German marks. And this is when Nithya played her trump card, and she bought back pounds for just 2.4 German marks per pound.
So you see, Nithya sold £1 billion and got back 2.9 billion German marks at an exchange rate of 2.9. And now, when she sells these 2.9 billion German marks to buy back pounds, she's paying only 2.4 German marks per pound. So when she sold 2.9 billion German marks, she got back £1.2 billion in return. So do you realize this is an insane return of 20%? And that too, in just six months, from March to September. And now she would return this money to Shreya, pay her 2%, and keep the rest, 18%, as her profits. This is how our imaginary trader, Nitia, made money through forex shorting. And guess what? Just like Nitya, George Soros sold more than $10 billion in pounds, and he made $1 billion in a single day. And while George Soros raised his toast to his newfound fortune, the Bank of England had exhausted its foreign exchange reserves to such an extent that estimates say they ended up buying up to $2 billion. In spite of spending so much money, the pound fell by 20 freaking percent. And not so surprisingly, this entire exchange rate mechanism was crapped up by the UK. And the UK's markets lost their reputation at the global level.
This is the reason why this day is known as one of the darkest days in the UK market. And George Soros became known as the And Jock Soros became known as "the man who broke the bank of England." In fact, he has also been found guilty by the French courts of insider trading. The cherry on top for Soros The Black Venetian was also seen as a political disaster. As a result, the Conservative Party, which had governed the UK for 19 years, lost the elections, and the new Labour Party rose to power. This is how George Soros broke the Bank of England and made a profit at the cost of the UK's downfall. And mind you, this is not the only time he has done this. He has done it in Thailand, Malaysia, and even Russia. And here is a glimpse of the same.
Corporate evil minds in geopolitics
A master manipulator of the global order, he's one of the richest men in the world. What's it like to have a lot of money? It gives you a degree of freedom, and it also gives you a degree of power.
He has consistently used his money to influence policy and people. He's been accused of undermining the sovereignty of countries, funding antinational groups, and fueling antinational sentiment. We could be looking at the biggest level of international political collusion in history. He is one of the most feared men in the world.
He has an army at his service, money, NGOs, and universities. He serves institutions and is reducing half the bureaucracy in the process. He uses this army to force his will on his opponents, like us Hungarians.
How does this affect India and the Indian economy?
This is the history of George Soros, and this is what brings you to the second element in his report card, which is a strange interference in the politics of other countries. And here's where his episode with India starts. George Soros is set to use an organization called the Open Society Foundation to invest in NGOs, partners, and projects, eventually interfering with the politics of different countries all across the world. And India is one of the many countries in which the Open Society Foundation operates. So the question is, why is Jaws sorrow considered to be sodangerous? And what exactly is the basis for these claims? Now, people, like always, my job over here is not to impose my opinion and cloud your judgement, but to present these claims with the sources. And then it is completely up to you to decide what is right, what is wrong, who is dangerous, and who is not. So here are the claims along with their sources. The first set of allegations say that Soros is deliberately funding media companies in India to paddle a narrative against the government. One such company is this newspaper company called Scroll. As it turns out, scroll is a direct beneficiary of the Media Development Investment Fund of Jord Soros.
And many say that Scroll is a left-wing, biased organization. Now, to form your opinion, we'll give you the links to what the scroll says about Jordi Soros and what it says about Modi and the BJP. So you can read through those articles and then decide what you think of them. But the one thing that I want to tell you is that I have used some scroll articles for my research, and I found both great articles with credible numbers as well as biased opinions. So I will leave the sources with you guys to decide whether the scroll is biased or not. The second set of claims says that there have been some Indian journalists who were appointed as Open Society Fellows by Jord Soros in the past, and even these journalists are set to propagate radical narratives against nationalism and the current government. For example, some newspapers say that author and journalist Bashir Pur, who served as an Open Society fellow from 2009 and 2010, fueled a pro-Pakistani narrative in Kashmir. Now, from what our team has read, he spoke about his personal experiences of living in Kashmir and wanting to join the rebels.
Now, technically, if you see, we are a democratic nation, and anyone can actually express their views about our government, right? But at the same time, the other side of the argument says that if you use your freedom of speech to create chaos in the society, to create conflict in our country, that is wrong. So these are the two sides of the argument, and now I'm sharing the links to his work in the description so that you can decide whether that is right or wrong and is a.
Jaw Soros' connection makes sense over here or not. And lastly, there are claims that say that Soros directly or indirectly funds Indian intelligence here to again propagate a narrative. For those who don't know, intelligence is the set of highly intellectual people in the society who often command a strong influence over the society. In our case, the claims say that Indira Jaysingh is a part of an NGO called Lawyers Collective, and this NGO is set to promote anti-government propaganda and job search engines. The Open Society Foundation has actually donated a few crores, to the tune of 4.1 crore rupees, to this NGO. In fact, in 2016, the government of India cancelled their FCRA license on the premise that they were using foreign contributions to achieve political objectives in India. In fact, the Supreme Court had issued notices, and the CBI itself had also registered an FIA in the matter in 2018. Now, whether she was right in the matter or was she really promoting propaganda, we'll let you decide by attaching the articles from both her perspective and the articles that are related to the accusations in the description. Similarly, the next person who's accused of being influenced by Soros is Nobel Prize-winning economist Amarthiya Sainima.
Amartya, Sean, and Jod Soros sit on the advisory council of an NGO called Namathi, which is also funded by the Open Society Foundation in India. And just like Indira Jay Singh, even Amarthya Sane is set to propagate anti-government propaganda. Now, if you ask me, guys, he is a Nobel Prize-winning economist, and he has more years of experience than I have lived on this planet. So I don't want to make a snap judgment about what he writes.
is right or wrong.
But what I'll do instead is put all the articles in front of you, and you as the audience can decide whether this criticism holds true or does it have some bias. And other than these claims, as it turns out, in 2016, after looking at the extensive funding of Soros across media, NGOs, and other organizations, the Indian Government itself put them on a watch list. which essentially meant that the Open Society Foundation could not fund any of these organizations directly. And a prior clearance from the Home Ministry itself is required to send money across to these FCRA-registered organizations in India. These are the most significant types of claims made against George Soros and his funding framework in India. So do read through these sources and decide for yourself what is right and what is wrong, who is dangerous and who is not. And you know what, guys? There is one very, very important thing that you need to understand about 2023 as a year. This year is a precursor to the general elections of the biggest democracy in the world, which is India. And we are becoming the battleground for both pro- and anti-government narratives.
And in the past two months alone, we've already seen the BBC's documentary, the Hindenburg Report, and now this sorrowful comment. And keep in mind that the frequency of these external forces interfering with India is only going to keep increasing until the elections of 2024. And I don't know if you realize this, but in this entire drama and narrative warfare between the biggest forces in the world, the most important entry is not Adani, not Soros, not Congress, not even Modi; it is you. The people of India, everyone in the country, and the world are shaping a narrative just so that they can get you to vote for a candidate of their choice. Therefore, you have an immense responsibility to not blindly trust anyone. So always remember, before you draw any conclusions, understand all the sides of the story and the sources properly. This is the story of Soros, his connection with India, and the precautions that you need to take before you jump to your conclusions. If this is very, very clear to you, I think you're sensible enough to take this further. That's all for my tip today, guys.
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