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I don't study economics, but I do study terrorism, and 'demonetization will end terrorism finance' was one of the most ridiculous bogeys of the entire exercise. #DemonetisationAnniversary
The whole idea of fighting terror finance has been an abject failure in global discourse, not just in India's case. A shift to hawala movements have worked for global terror groups.
Terror finance moved away from intl financial systems long ago. Currency does not matter that much. Terror attacks are not 'expensive', not anymore anyway.
