They are not fool to buy Assets like Reko Diq in peanuts.
Of course, the fools were us, in this case, who sold it for peanuts.
They are not fool to buy Assets like Reko Diq in peanuts.
They are not fool to buy Assets like Reko Diq in peanuts.
So, there is a reason why we now have @FOOLS_NIGHTMARE in govt or as its supportersOf course, the fools were us, in this case, who sold it for peanuts.
So, there is a reason why we now have @FOOLS_NIGHTMARE in govt or as its supporters
Assets are sold to foreign buyers mostly china and middle east and in dollars. From your Airports to minerals to dams to whatnot ........... everything is for sale now.
He probably don't even read what he post.
Yepp. All this fiasco began in the 70s by the genius of Bhutto:BECO steel from the Latif brothers was doing perfectly fine and generating a profit; Bhutto ki gand ma karash ai thi took it over and changed it to PECO; the result was total collapse.
Pakistan originally became highly indebted in the 1970s, when the government borrowed to cope with the impact of high oil prices. Ever since, the people have suffered from a large external debt. The response to this debt crisis has been to continuously obtain bailout loans from the International Monetary Fund (IMF). For 32 of the last 44 years, Pakistan has received loans from the IMF, one of the most sustained periods of lending to any country. However, Pakistan today continues to have a large external debt, inequality is entrenched, and the country failed to meet most of the Millennium Development Goals.
Poster on rent - ouch!He probably don't even read what he post.
@Forsvaret Can you name which govt. takes maximum loans in Pakistan History ? and how much?Yepp. All this fiasco began in the 70s by the genius of Bhutto:
Debt crisis in Pakistan - Debt Justice
Huge debts have been passed down over generations in Pakistan. Pakistan originally became highly indebted in the 1970s, when the government borrowed to cope with the impact of high oil prices. Ever since, the people have suffered from a large external debt. The response to this debt crisis has...debtjustice.org.uk
Poster on rent - ouch!
Yepp. All this fiasco began in the 70s by the genius of Bhutto:
Debt crisis in Pakistan - Debt Justice
Huge debts have been passed down over generations in Pakistan. Pakistan originally became highly indebted in the 1970s, when the government borrowed to cope with the impact of high oil prices. Ever since, the people have suffered from a large external debt. The response to this debt crisis has...debtjustice.org.uk
Does it matter? The crux of the matter is that Pakistan has been in a debt trap since the 70s. And that no govt managed to pull Pakistan out of it so far.@Forsvaret Can you name which govt. takes maximum loans in Pakistan History ? and how much?
Doesn't matter to the jamedar regime if the country is stable, instability suits them just right...they will continue to suppress the masses and keep the status quo going. No judicial and/or democratic institution are going to dislodge them, especially given that they have the full backing of their colonial masters...No. State violence only kill the masses - it doesn’t kill the ideas whose time has come. This fascist regime had to rig elections, threaten judges, shutdown social media to keep its control over the masses. And yet - none of this brut force against the people has brought any kind of stability in the country.
The jamedar establishment has been able to roll over their debts for the last four decades...the masters will keep throwing bones to sustain them in perpetuity.Good luck then. Pakistan has to pay mountainous external debt in the following years - and the current fascist regime has no idea where to get that money amidst the ongoing extreme instability.
Your father was percent right. Pakistan’s natural economic progress ended that day, when BECO died a tragic death - all thanks to a civilian dictator called Bhutto:I once visited a run-down factory of his in northern Lahore with my father, who told me that when the country needed steel, they stripped down the facilities, broke apart poles, etc. Turned it into a graveyard, and it was the day they buried Jinnah's Pakistan.
The jamedar establishment has been able to roll over their debts for the last four decades...the masters will keep throwing bones to sustain them in perpetuity.
Let's not forget Bhutto was Jamedar's protege and specially installed by Gen.Yahya to rob Bengalis and Mujib of their overwhelming mandate.Your father was right. Pakistan’s progress died that when BECO died a tragic death - thanks to civilian dictator Bhutto’s policies:
Impact Of Nationalization On BECO And Pakistan Economic Development
There had been many times in Pakistan’s history when stupid decisions were taken by the government. Nationalization in Bhutto’s era was one of those decisions. 22 Families lost everythi…anikakhan.wordpress.com