Comments on: The IL&FS Insolvency: A Canary in the Coal Mine https://misesindia.in/2018/10/02/the-ilfs-insolvency-a-canary-in-the-coal-mine/ Economics, Freedom and Peace Wed, 18 Mar 2020 17:20:42 +0000 hourly 1 By: PI https://misesindia.in/2018/10/02/the-ilfs-insolvency-a-canary-in-the-coal-mine/#comment-82 Tue, 02 Oct 2018 06:37:55 +0000 https://www.misesindia.in/?p=2005#comment-82 ILFS is a shadowy figure. I never heard of a student getting a job at ILFS. Maybe this company was actually designed for loot. Indian economy is a an extortion mixed economy, similar to ISIS economy. Debt market has never grown in India. Constitution of India is responsible for this mess as it is a supporter of state intervention not only in economy but also in society with its social engineering concept. It is a supporter of inequality before law – prime condition for extortionist economy. Ambedkar was for stateism, even a state religion.

Onward to free markets.

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