lol aww was it supposed to be sarcasm now?
I see the use of junk as dual meaning here, back off you f moron.Funny reading the illiterates from a junk credit rating country squawking same thing again and again in this thread about subject they know nothing about.
They have no basic idea what this loan even is or how a loan works...or how loans can be different (cost wise)...and why even CA surplus countries take many loans too.
But then again their junk credit country (which has junk rating for a reason) is supposedly formed on ideology that says interest is haram....yet not only takes the worst priced (interest wise) loans out of desperation....their PM clamours for debt write-off on top of that cuz "corona".
So one can expect only so much from the typical denizens of such a place.
Forex reserves are apparently to "dip into" at any moment and at zero cost (apparently not even a rudimentary basic understanding of how forex accumulates)...but then again their own forex is near zero probably because thats the severe incompetent thinking process even their "elite" had. Just point and laugh I suppose.
Oh come on! GDP barely is no measure of the economic prowess alone, otherwise Indians wont be shitting in the open and and the luxemobourg with 600,000 inhabitants wouldnt be talked about as a country at all. Dont talk nonsense here please. Talk per capita figures here. Otherwise tomorrow 2 billion donkeys could come together to form a Republic of Donkey and claim to be the next superpowa!Amazing what a 2 trillion market cap can do by leveraging.
Is yours (market cap) commensurately 7 times less because of population differential? Or far far less?
Amazing what a 2 trillion market cap can do by leveraging.
Is yours (market cap) commensurately 7 times less because of population differential? Or far far less?
Seems you are not only bad in economics but incapable of a rational discussion! Where did you get your GDP value of Pakistan from? Dont tell me Republic TV!
Another genius here...conflating Market cap with GDP.
Oh come on, dont be stupid! Market capitalization in no measure of economic prowess either! Otherwise Pakistan wouldnt sit above Luxembourg, and South Africa wouldnt sit above Norway and Finland! Talk about GDP per capita (PPP) figures, see how much each head (or dothead) contributes to the economy!
....k so you are way out of your depth...as to how these loan mechanisms even work, especially what aids in being investment grade instead of junk (hint not GDP which can be inflated badly in first place by low-credible low-institution countries since its merely an internal institution driven estimate rather than free market driven and hopefully someone can rub a cpl brain cells and think which one a large creditor that seeks to make a profit would be more interested in).
