I joined Maurice Jackson of Proven and Probable to discuss the latest events in India, the country’s move toward a police state, and the growing damage caused by demonetization and state overreach.

We discuss India’s tax raids, the erosion of trust, the risks of increasing political control, whether India could become the next China, and a unique arbitrage opportunity for investors.

Watch the full discussion below:

Key Takeaways

• How demonetization has increased fear, uncertainty, and state control in India.
• Why tax raids reveal the growing reach of India’s police-state apparatus.
• Why India’s problems cannot be solved through coercion, bureaucracy, or political slogans.
• Whether India could become the next China, and why that comparison is deeply misleading.
• How investors should think about political risk in India and other so-called emerging markets.
• Why select arbitrage opportunities can still offer value despite broader uncertainty.