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Sri Lanka & Pakistan economic crisis seek help from IMF
sgbuffett

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#1

22-04-2022, 08:47 AM
IMF help for developing countries will come with tremendous pain.

The incompetent govts in these countries failed to prepare during good times and it was a matter of time disaster will strike.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Niubee

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#2

22-04-2022, 08:56 AM
Hopefully no regime change needed for funds.

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sgbuffett

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#3

22-04-2022, 09:02 AM
(22-04-2022, 08:56 AM)Niubee Wrote:  Hopefully no regime change needed for funds.

Same like Asian crisis.
Economy becomes so bad they replace govt.

Malaysia is also not on a good position for its debt.

Big elephant is chuna.

As US raise rates it lures money back. Those countries with weak balance sheet all get crushed
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Niubee

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#4

22-04-2022, 09:13 AM
(22-04-2022, 09:02 AM)sgbuffett Wrote:  Same like Asian crisis.
Economy becomes so bad they replace govt.

Malaysia is also not on a good position for its debt.

Big elephant is chuna.

As US raise rates it lures money back. Those countries with weak balance sheet all get crushed

That is how USA rob the world. Clapping

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cityhantam

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#5

22-04-2022, 09:16 AM
(22-04-2022, 09:13 AM)Niubee Wrote:  That is how USA rob the world. Clapping

Sgbutt is very happy to help his beloved Goatdaddy with that!  Tongue
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Niubee

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#6

22-04-2022, 09:39 AM
(22-04-2022, 09:16 AM)cityhantam Wrote:  Sgbutt is very happy to help his beloved Goatdaddy with that!  Tongue

This lapdog always try to imply something. We must always let him know his GODDaddy is the real robber !!! Laughing

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ROFLMAO

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#7

22-04-2022, 11:03 AM
China goes around the world and create trouble with its dirty money
Laughter-13  Laughter-13

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cityhantam

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#8

22-04-2022, 11:07 AM
(22-04-2022, 11:03 AM)ROFLMAO Wrote:  China goes around the world and create trouble with its dirty money

China is a very poor third world country. Where got money!

It must be the work of the world’s richest country, USA and its allies lah!
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