In October 2026 I posted a series of X notes analysing the impact of PERM green‑card suspension on Indian remittances and US remittance flows.
India leads the world with ~$125B in annual remittances coming into the country.
The US is ~25% ($30B+) of global remittances.
The fed participates in debt auctions and recently had been 10% of new bond issuances.