We all know why – and it’s obvious – the US has restricted H-1B looting visas which Indians used by the millions to steal millions of good US tech jobs and then send all their $ back to India via remittances – billions a year from the US economy.
The truth is India has no real economy to speak of – it’s almost entirely based on looting dollars out of US companies by displacing existing American workers out of their jobs.
The Indian econ is a scam, as is “Indian IT”.
If they were the smartest people in the world as claimed, they would create an Apple or Microsoft of their own in India and keep their own economy booming.
Why haven’t they?
Bank robbers are “successful” too – until they get caught, have their assets seized, and get thrown in the slammer.
The jig is up, India – and now the entire world can see clearly through your con.
Of course CNBC never mentions the H-1B visa or the 5 million Indians working in tech jobs in the US – that might allow the average American to catch on. They’re not going to allow that.