Miscellaneous News

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Overbom

Brigadier
Registered Member
Abominable said:
What economic policies did the new regime enact that caused it to become a shithole within a few months?
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The political destabilisation from the coup significantly hurt investor/lenders confidence to Pakistan. Overseas Pakistans who were sending hard currency ($) were also shaken by the shambolic politics and economics and also slowed down sending remittances back to Pakistan.

All combined, trashed their currency which made imports (priced in $$$) a lot more expensive in a span of a few months which destabilised businesses and lowered their foreign reserves.

All that combined, again, formed a circle of weakened currency -> weakened primary imports -> weakened exports -> weakened domestic economy -> weakened investors confidence->repeat

Pakistan is genuinely screwed

IMG_20230128_004856.jpg
 
A

alfreddango

Junior Member
Registered Member
Overbom said:
The political destabilisation from the coup significantly hurt investor/lenders confidence to Pakistan. Overseas Pakistans who were sending hard currency ($) were also shaken by the shambolic politics and economics and also slowed down sending remittances back to Pakistan.

All combined, trashed their currency which made imports (priced in $$$) a lot more expensive in a span of a few months which destabilised businesses and lowered their foreign reserves.

All that combined, again, formed a circle of weakened currency -> weakened primary imports -> weakened exports -> weakened domestic economy -> weakened investors confidence->repeat

Pakistan is genuinely screwed

View attachment 106054
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they're also negotiating with the imf for some debt relief iirc
 
A

Abominable

Major
Registered Member
Overbom said:
The political destabilisation from the coup significantly hurt investor/lenders confidence to Pakistan. Overseas Pakistans who were sending hard currency ($) were also shaken by the shambolic politics and economics and also slowed down sending remittances back to Pakistan.

All combined, trashed their currency which made imports (priced in $$$) a lot more expensive in a span of a few months which destabilised businesses and lowered their foreign reserves.

All that combined, again, formed a circle of weakened currency -> weakened primary imports -> weakened exports -> weakened domestic economy -> weakened investors confidence->repeat

Pakistan is genuinely screwed
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Being dependent on remittances is a poor way for a country to manage their economy. If Pakistan was dependent on that then the problem was already there.

Why would people stop sending remittances? Migrants who do that do so to support their families back home, that will continue regardless of who is in power.
 
supercat

supercat

Colonel
FairAndUnbiased said:
unfortunately, India is only food self sufficient for a very flexible definition of 'food' and 'self sufficient'.

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, Chinese eat 2990 calories.
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.

For comparison,
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FairAndUnbiased said:
calories is the best way, and Indians eat 20% less calories than Chinese.
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Malnutrition is a devastating problem for India because it's one of the most important reasons for low IQ.

Bellum_Romanum said:
Another attempt by these perpetual Western loving hanjians to further besmirch China.

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I have no patience to watch the whole clip. It seems that a Chinese female diaspora reporter is scouring rural China for evidence of burning corps.

Overbom said:
Everyone is (predictably) preparing for war in the 2025
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Either they have some information about events over the Taiwan Strait in 2025, or they are just warmongering for more money. BTW, I don't know how Taiwanese will view their future. But mainland Chinese are optimistic.
https://twitter.com/i/web/status/1618753938723057664

Then and now:
https://twitter.com/i/web/status/1618933631107608576
 
O

Overbom

Brigadier
Registered Member
Abominable said:
I think Allah preferred it when Imran Khan was in charge.
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I think Allah would prefer if people stop using his name to fool people that things would magically get better without any real effort lol

That's the number 1 reason why religion is so dangerous. Conmen easily exploit people's stupidity and use religion to make people sheep. The real opium has always been religion
 
A

ACuriousPLAFan

Lieutenant General
Registered Member
Overbom said:
Everyone is (predictably) preparing for war in the 2025
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View attachment 106047
View attachment 106048
View attachment 106049
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supercat said:
Either they have some information about events over the Taiwan Strait in 2025, or they are just warmongering for more money. BTW, I don't know how Taiwanese will view their future. But mainland Chinese are optimistic.
https://twitter.com/i/web/status/1618753938723057664
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Honestly though, by this point, if a major economic recession is able to crash the American economy and setting Washington DC's hawkish behaviour on its backfoot for even just one year or two, I don't mind Beijing doing its part to make that happen.

Sorry to fellow Americans who are in this forum, but your government has went past the border of insanity. It is only a matter of time before they unleash their insanity across the entire globe.

What China really needs right now is buying more time. Delaying the enemy's capability to launch hostility against China for one year equals to one extra year that China could fully utilize to prepare for the inevitable showdown with the US-led "allies" over Taiwan.
 
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