As the world waits and waits for the outcome of the US elections, it is instructive to recall the fateful dates of November 8 and 9, 2016. On the first date, Narendra Modi unleashed his first major economic reform programme, demonetising Rs 500 and Rs 1,000 banknotes and precipitating an economic slowdown and record rise in unemployment that the pandemic has only deepened. On the second date Democratic candidate Hillary Clinton conceded in a shock defeat to Republican chancer Donald Trump, who introduced a mendacity to the presidency that few post-war presidents have matched. Whatever happens after most vote tallies