How is this idea working out for India? I suspect the recall is to flush out people who have lots of actual cash.
Here is how it is working in India:
“Foxconn Fires 25% Of India Workers As Demonetization Destroys Sales”
http://www.zerohedge.com/news/2016-12-11/foxconn-fires-25-india-workers-demonetization-destroys-sales