@ankitatIIMA At least right now it is not a big concern.
Even with 74% permitted,
foreign companies reluctant to increase their share and on top of that the Board Mngt of the Ins. Co. cappwd the limit of 49% for Foreign partners.
There will no incremental change in the giant firms in Ins.
@nntaleb Now that you dont agree but it will be you only who will explain this De Dollorizarion event in your future Edition of Black Swan.
The real Tsunami is about to hit the shores of America.
Just a matter of time when Bank of Japan and China will through the US Treasuries.