All the countries you listed above import oil and gas as needed but not your BAL Bangladesh. Why?Taka has devalued against the dollar like all other currencies.
Below gives devaluations since the start of this year for a basket of currencies:
BD Taka - 16%
Indian Rupee - 9% rallied lately
Euro - 9% rallied lately
Yen - 18%
UK Pound - 14% rallied lately
The world recession has little to do with a very poor BD. The fall of the Taka is because it was overvalued and your BAL people are sending their stolen money by Hundi in millions of dollars.
Tk120 to 125 per dollar is the current value and I tell you it will fall to Tk200 when your BAL party thieves send more money by Hundi for safekeeping abroad and as a result, there will be fewer and fewer remittances.
- Fewer dollar remittances
- Fewer exports of your BAL underwear because of less electricity and the recession abroad
- Overinvoicing of imports and under-invoicing of exports to send the stolen money abroad
- By July BD pays about $2.75 billion to its lenders. It will keep on increasing although stupid BAL people love to think the loans are free and not to be repaid.
All economic troubles are because of BAL's greed for money. Borrowing and stealing 60% of that money is your VULTURE culture.
So, wait until 1 dollar becomes Tk200 by April to June. Your fake BAL GDP will be less than $200b then. Brace for it and send your stolen money immediately for safekeeping. Bloody idiot!!
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