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  1. GeraltofRivia

    HSR Jakarta-Bandung, Indonesia-China cooperation

    Congratulations to Indonesia! The high speed train will not only bring physical connectivity to Indonesia but also bring intangible benefit such as optimism to the general population, which will stimulate economical activities.
  2. GeraltofRivia

    Pentagon tracking suspected Chinese spy balloon over the US

    This news has amused me so much that I can’t stop laughing. My speculation is that this is a very crafty play in which China puts US on the spot and very possibly it ties with Blinken‘s visit. The balloon doesn’t play any spying role but conveys a political message to US implicitly. Let me...
  3. GeraltofRivia

    Bangladesh welcomes home its first VT5 light tanks

    We really cannot say that they are downgraded by looking at the exterior. The juicy and expensive parts tend to be hidden under the hood. I really don’t know how people make a judgement so quickly without knowing the details of these tanks. I am sure Bangladesh military knows what they are...
  4. GeraltofRivia

    Discussion: Is Pakistan's economy failing because it is not a secular nation?

    IMHO Pakistan’s poor economical development is more to do with its political model rather than whether it is a secular society. Pakistan’s governance model is a typical “western” style, which features separation of power and democratic elections that leads to change in government periodically...
  5. GeraltofRivia

    Does Pakistan have what it takes to be a strong nation?

    I like to think that being “strong” in OP means the following: economic prosperity (high living standard and economical output), politically independent (not being controlled or interfered on political matter), militarily capable (being able to defend its territory, people and economical...
  6. GeraltofRivia

    HSR Jakarta-Bandung, Indonesia-China cooperation

    Cannot wait to see this HSR operational!:flame:
  7. GeraltofRivia

    Dhaka takes note of Beijing's absence over Myanmar border tensions discussion

    I find it interesting that many Bangladesh members are talking about using force to solve the issue. It is the last thing you want to have at your border. The most important reason that Bangladesh has enjoyed a decent economical growth over the past few years is its stable environment. Having a...
  8. GeraltofRivia

    China unveils bullet trains built for Indonesia,capable of reaching speeds of up to 350 km per hour

    Congratulations to Indonesia! The color scheme looks really nice. What is the current ETA for Indonesia HSR project?
  9. GeraltofRivia

    Atif Mian, Why Pakistan Isn't Getting Better.

    That’s the latest data published by SL government and should be fairly close to their current position. It is much better than the numbers you invented from your imagination. After your lie being debunked, you can only come up with a low taunt. Interesting people.
  10. GeraltofRivia

    Nehru ceded India's permanent seat on the UNSC to China?

    The notion that the seat of permanent member of UNSC can be ceded to another nation is simply incorrect. The current permanent member of UNSC earned their qualifications by winning battles in MAJOR wars and are considered as the top miltary forces in the world. US and Russia need little...
  11. GeraltofRivia

    Atif Mian, Why Pakistan Isn't Getting Better.

    You are wrong or simply lying again. Sri Lanka’s total foreign debt was around $35B, of which 47% or 16B was market borrowing from fund management firms. The data is from Sri Lanka’s Department of External Resource...
  12. GeraltofRivia

    Atif Mian, Why Pakistan Isn't Getting Better.

    You are wrong again. That 47% market borrowing in the form of sovereign bond are held by major Western fund management firms. The top firms are: * Pacific Investment Management * BlackRock * T Rowe Price Group * AllianceBernstein LP * Wellington Management Group * Ashmore It is Ok if you don’t...
  13. GeraltofRivia

    Atif Mian, Why Pakistan Isn't Getting Better.

    The China Development Bank (CDB) (simplified Chinese: 国家开发银行) is a development bank in the People's Republic of China (PRC), led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. As one of three policy banks in China, it is responsible for raising...
  14. GeraltofRivia

    Atif Mian, Why Pakistan Isn't Getting Better.

    China Development Bank is not commercial bank, it is a state owned development bank that specializes in overseas development projects. Do you know the difference between commercial bank and state development bank? No, for Broadlands Hydropower Project, 85% of the project funded by credit line...
  15. GeraltofRivia

    Atif Mian, Why Pakistan Isn't Getting Better.

    The China lead infrastructure projects in Sri Lanka are not financed by Chinese commercial banks, rather they were funded by EXIM Bank of China, which is a state owned banks. Commercial banks in China cannot purchase foreign government bond or participate foreign financing project. Below is a...
  16. GeraltofRivia

    Europe Spring - 2023

    Bullseye. There are a lot of alternative energy source for Europe but none of them can be as cheap as Russian source due to its proximity and existing infrastructure. Russian energy has been one of the main reasons that European manufacturing powerhouse in Germany can maintain its...
  17. GeraltofRivia

    A fireside chat about industrial revolution

    I like you discussion but there are a couple of key errors in it. Industralization is not a standard or policy, it is a process of a nation transforming from agriculture economy into a industrial production economy in which majority of economy involves mechanized production of goods. Nations...
  18. GeraltofRivia

    A fireside chat about industrial revolution

    It is well documented that British has all the advantage that help them dominate the textile production and trade in the 1800s. However, we can also be clouded by the perfect hindsight to conclude that they just had all the right elements from the very beginning. What we are attempting is...
  19. GeraltofRivia

    Why is bicycle not popular in Pakistan?

    Wondering whether the government should help promote the idea that bicycle is associated with hard working and industrious people rather than poverty. I suppose some posters would help change people‘s perception a bit over time. I do agree that it may not work everywhere in Pakistan due to hot...
  20. GeraltofRivia

    Why is bicycle not popular in Pakistan?

    No I haven’t. Thanks a lot, this is what I have I mind - family and work bike, not really recreational ones. That makes sense. I’d imagine it won’t be really workable. Sure thing. What about low class folks i.e. not in poverty but not rich? I guess the affordability of motorcycles makes quite...

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