While billionaires' debts are written off in India, farmers' debts of a few hundred thousand rupees create major controversy about economic mismanagement, showing the structural injustice in how different classes are treated by the state.
factualpending
Speaker
Unidentified Speaker — Michael Hudson: Why the US has a unique place in the histor… [K9nbj4X556A]Evidence Quote
“while you know lakhs of crores of rupees are you know just written off for billionaires and India has the third largest billionaires in the world but every time there is a sort of couple hundred thousand dollar debt rupees debt write off for literally millions of farmers there is a huge brouhaha”
Source
Michael Hudson: Why the US has a unique place in the history of imperialism? #Russia #US— India & Global LeftCreated: 8/10/2026, 10:46:20 PM
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