24 Sri Lankan fishermen held in Bay

[Nilgiri]

On the other hand, BD growth is floating over 7%.

Most responsible countries do not simply dump inflation into their GDP so they can make up for junk credit rating and borrow more money for their 95% seat forcing kleptocrat dynasty.

BD real growth is far lower, so bad that even its RMG exports (with 0% tarrifs in wealthy markets unlike what China/India get) are dropping now....and its market cap just halved to 30 billion USD recently.

But then again most countries aren't so shameless and "BCL-Jamati" emotional like yours either too I suppose.

India has a GDP and budget greater than most developed countries. Having a million ppl with a coin each doesn't mean anything when another has a thousand with 2 coins each.

He can't even do basic numbers right:

https://en.wikipedia.org/wiki/List_of_countries_by_government_budget

With 8 times fewer people, Sri Lanka revenues and spending are almost half that of BD.

This is the difference between actual credible GDP and inflated "internal consumption media" GDP

 

[Godman]

India's GDP growth has plummeted to nearly 3.5% in the last quarter of last FY. On the other hand, BD growth is floating over 7%. The GoB is spending billions of dollars on public works projects that are keeping our people on the payroll. India has fallen into a middle-income trap, never to come out of this syndrome quickly.

Important indicators are the GDP growth and per capita GDP/income. With more than 1.3 billion population India's total GDP at $2 trillion is higher than that of England. Yet, Indians go to England to sweep streets there. So, what does it mean to you?

So now the important indicators are GDP per Capita and INCOME? Not your budget and total GDP

SL has chosen the fate of a shameless joker in the subcontinent. Finally, @Gibbs will happily take Chinese citizenship. He brags about 4 times, yet our budget and GDP both are four times theirs.

SL is a hinterland that can be compared with only sub-Saharan Africa. This is the reason SL people have to set out for a long voyage to earn a living in our BoB.

 

[bluesky]

Most responsible countries do not simply dump inflation into their GDP so they can make up for junk credit rating and borrow more money for their 95% seat forcing kleptocrat dynasty.

Most educated and responsible men do not always keep on nagging on unproved blames. Why do you think that BD calculates not by deducting the rate of inflation? It is always like the (GDP rate - Inflation rate) = real growth.

In the case of BD, the real growth is over 7% and the Indian 3rd quarter real growth is only 3.5%. India will go further behind because Chaiwala Modi is intent on building 1,000 Temples in his country instead of factories and public works.

 

[UKBengali]

Most educated and responsible men do not always keep on nagging on unproved blames. Why do you think that BD calculates not by deducting the rate of inflation? It is always like the (GDP rate - Inflation rate) = real growth.

In the case of BD, the real growth is over 7% and for the Indian 3rd quarter real growth is only 3.5%. India will go further behind because Chaiwala Modi is intent on building 1,000 Temples in his country instead of factories and public works.

That dude is so boring with his claims with zero proof.

He knows more than IMF and ADB put together!

 

[Godman]

I like most BD'shis really only respect Sri Lanka as a country in S Asia. You would not be in this mess if it was not for India caused 25 year civil war which only ended back in 2009.
This ruined your economy and by mistake you fell into Chinese "debt trap" which never would have happened if not for the civil war.

@Gibbs is the one who is the issue as he butts into BD issues when not invited.

This is directed at him and not Sri Lankans in general.

He joins Pakistani and Indian trolls in attacking BD when not provoked and is now getting some of his own medicine.

Ahem I wouldn't have bothered to get into this thread which is about a just single boat getting into BD waters if not for the whole "Billions of USD remittances to SL from BD" claim which was made without any sources and contradicted by the sources available and he failed to prove it as well.

 

[UKBengali]

Ahem I wouldn't have bothered to get into this thread which is about a just single boat getting into BD waters if not for the whole "Billions of USD remittances to SL from BD" claim which was made without any sources and contradicted by the sources available and he failed to prove it as well.

Yes that was incorrect.

There are some skilled Sri Lankans working in BD but this is to the benefit of both parties and so BD'shis should not complain.

 

[Nilgiri]

Most educated and responsible men do not always keep on nagging on unproved blames. Why do you think that BD calculates not by deducting the rate of inflation? It is always like the (GDP rate - Inflation rate) = real growth.

In the case of BD, the real growth is over 7% and the Indian 3rd quarter real growth is only 3.5%. India will go further behind because Chaiwala Modi is intent on building 1,000 Temples in his country instead of factories and public works.

It means something coming from 3 million....uhhh now its 300,000 country (but we will stay with 3 million for the earlier feelz waaah)?

10 times inflation for your own loser foundation narrative you cannot even decide upon because thats how shameless you are. Calling your restaurants "Indian" to ride on our coat-tails wherever you go is just minor thing in comparison.

and why even believe me on it, ask the world bank and IMF lol:

https://data.worldbank.org/indicator/NY.GDP.PCAP.KD?locations=BD

https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=BD

1200/1700 = 70%.

A full 30% accumulated inflated drift from your BBS that produces accidental nuggets of wisdom like HIES too (showing worsening incomes for BD people due to inflation, yet they held no further study or explanation on it conveniently)

Then you want to come off as credible on the growth figure of this 30% inflated base? LOL.

Why are India and SL on other hand close to 0% inflated base? You simply again illustrate your parroting and emotion over actual understanding. Typical Bangal. Junk credit rating for a JUNK country...how apt.

 

[Bilal9]

So where is the statistics for the so-called Billions of foreign remittances from BD? Who is the one boasting about SL getting Billions of foreign remittances from a country with 4 times less GDP per Capita?

Yawn.

Whatever floats your boat. I have zero obligation to you or anyone else to prove anything. Don't tag me.

For the rest of the compatriots here - we all know 99% of these remittances from Bangladesh are conducted using the unofficial 'hawala' system. So no trace of evidence is ever known. Regardless of these idiots that ask for 'evidence'.

If this schmuck knew better, he'd know that the number of Sri Lankans illegally staying and working in Bangladesh under expired tourist visas easily equals or exceeds the number of Indians doing the same. While Indians are hired in higher management, Sri Lankans comprise most of the actual supervisory positions (more of them) in Bangladeshi Garments, IT, NGO, business services firms.

In 2013 - by World Bank estimates (latest known, thanks World Bank), Indians repatriated some US$3.7 billion officially from Bangladesh.

https://www.thedailystar.net/controlling-remittance-outflow-to-india-58831#

The actual "hawala" figure is naturally several times higher since "hundi" or "hawala" is unofficial. But estimates can be made, which the world bank did make. Today the figure of Indian remitting money from Bangladesh to India would probably be double that of 2013, considering GDP and industrial growth which will equal some Six Billion officially, and unofficially at least Eight Billion.

Now if the number of Sri Lankans illegally working in Bangladesh is even half that of Indians (should be easily a lot more), the amount remitted to Sri Lanka from Bangladesh yearly could easily exceed at least one billion.

Makes sense?

 

[Godman]

Yawn.

Whatever floats your boat. I have zero obligation to you or any of the other insignificant trolls in this forum to prove anything. You have the option to royally eff off to whatever Godman hellhole you hail from. Don't tag me as I could care less about your opinion.

For the rest of the compatriots here - we all know 99% of these remittances from Bangladesh are conducted using the unofficial 'hawala' system. So no trace of evidence is ever known. Regardless of these idiots that ask for 'evidence'.

If this schmuck knew better, he'd know that the number of Sri Lankans illegally staying and working in Bangladesh under expired tourist visas easily equals or exceeds the number of Indians doing the same. While Indians are hired in higher management, Sri Lankans comprise most of the actual supervisory positions (more of them) in Bangladeshi Garments, IT, NGO, business services firms.

In 2013 - by World Bank estimates (latest known, thanks World Bank), Indians repatriated some US$3.7 billion officially from Bangladesh.

https://www.thedailystar.net/controlling-remittance-outflow-to-india-58831#

The actual "hawala" figure is naturally several times higher since "hundi" or "hawala" is unofficial. But estimates can be made, which the world bank did make. Today the figure of Indian remitting money from Bangladesh to India would probably be double that of 2013, considering GDP and industrial growth which will equal some Six Billion officially, and unofficially at least Eight Billion.

Now if the number of Sri Lankans illegally working in Bangladesh is even half that of Indians (should be easily a lot more), the amount remitted to Sri Lanka from Bangladesh yearly could easily exceed at least one billion.

Makes sense?

You actually do have an obligation because you made up a nonsensical fantasy in your head about "Billions of USD flowing" to SL. It's called the Burden of Proof

Also no sources or evidence.
So now when someone asks for evidence or source your answer is to shout "Idiot"

 

[Nilgiri]

You actually do have an obligation because you made up a nonsensical fantasy in your head about "Billions of USD flowing" to SL. It's called the Burden of Proof

Also no sources or evidence.
So now when someone asks for evidence or source your answer is to shout "Idiot"

Inflated fantasy ego creates inflated fantasy numbers

Severe inferiority complex underlying this produces severe triggering when called out.

Another thread they are chest thumping about sales figure of 2-wheelers in 2019 being about 35 times less than India (what is that 5 times less per capita?)....in a year they claim 7% growth and India has 5% growth....and they expect that "demand" to:

a) lend sustenance to their GDP claim being equal equal or better than region
b) Attract Honda/Japan to magically expand and replace dominant Indian presence at this LDC pricepoint.
c) Lets not even talk about automobiles lol.

You really can't make this up! Such stronk thonks! Everyone else that comes across them is just an idiot, when they arent busy having their own "ignore 6 month and call whomever as false flagger/account of nilgiri) persistent civil wars in this subforum.

After all, deep down they just know tagging their catering businesses as "Indian" provides semblance of stability, comfort and buffer that they never can make with their own....and its the same monkey-see monkey-do game (on paper by far) with them w.r.t actual genuine economic development.

So sources/evidence for any claim (sometimes prima facie, sometimes digging to 2nd or 3rd layer of argument) is simply not their forte....frustration and name calling always follows when you inevitably strike the pressure point.

Just point and laugh I say.

 

[Gibbs]

Yawn.

Whatever floats your boat. I have zero obligation to you or any of the other insignificant trolls in this forum to prove anything. You have the option to royally eff off to whatever Godman hellhole you hail from. Don't tag me as I could care less about your opinion.

For the rest of the compatriots here - we all know 99% of these remittances from Bangladesh are conducted using the unofficial 'hawala' system. So no trace of evidence is ever known. Regardless of these idiots that ask for 'evidence'.

If this schmuck knew better, he'd know that the number of Sri Lankans illegally staying and working in Bangladesh under expired tourist visas easily equals or exceeds the number of Indians doing the same. While Indians are hired in higher management, Sri Lankans comprise most of the actual supervisory positions (more of them) in Bangladeshi Garments, IT, NGO, business services firms.

In 2013 - by World Bank estimates (latest known, thanks World Bank), Indians repatriated some US$3.7 billion officially from Bangladesh.

https://www.thedailystar.net/controlling-remittance-outflow-to-india-58831#

The actual "hawala" figure is naturally several times higher since "hundi" or "hawala" is unofficial. But estimates can be made, which the world bank did make. Today the figure of Indian remitting money from Bangladesh to India would probably be double that of 2013, considering GDP and industrial growth which will equal some Six Billion officially, and unofficially at least Eight Billion.

Now if the number of Sri Lankans illegally working in Bangladesh is even half that of Indians (should be easily a lot more), the amount remitted to Sri Lanka from Bangladesh yearly could easily exceed at least one billion.

Makes sense?

No evidence no stats..

Big mouth without anything to show, Cant imagine the gloating here would be when they actually manage get out this LDC eventually.. All the Pakistani's, Indians, Chinese and the rest better get your pop corn ready in 4 years time IF they actually manages to cos these people are suffering from a massive case of inferiority complex, That's the reason they drag in other countries to every other thread about their dreams @beijingwalker @SBUS-CXK @Desert Fox

 

[Nike]

India's GDP growth has plummeted to nearly 3.5% in the last quarter of last FY. On the other hand, BD growth is floating over 7%. The GoB is spending billions of dollars on public works projects that are keeping our people on the payroll. India has fallen into a middle-income trap, never to come out of this syndrome quickly.

Important indicators are the GDP growth and per capita GDP/income. With more than 1.3 billion population India's total GDP at $2 trillion is higher than that of England. Yet, Indians go to England to sweep streets there. So, what does it mean to you?

Well GDP growth prediction is more like tarrot reading business for me, just look at China right now they got hit hard by Covid-19 issue and likes of Indonesia or Thailand after experiencing nearly 10 percentage growth rates for the entire 1988-1997 we got hit hard by Asian economy crisis. I dont thing economy performance and the leadership of Bangladesh central economy is mature enough to facing such unpredictable blows. My research indicated Bangladesh economy had severe flaws on their banking system with high non performing loans and undue check and balance between lender and creditor and how easily someone in ruler circle getting credit and build their own bank.

 

[UKBengali]

Well GDP growth prediction is more like tarrot reading business for me, just look at China right now they got hit hard by Covid-19 issue and likes of Indonesia or Thailand after experiencing nearly 10 percentage growth rates for the entire 1988-1997 we got hit hard by Asian economy crisis. I dont thing economy performance and the leadership of Bangladesh central economy is mature enough to facing such unpredictable blows. My research indicated Bangladesh economy had severe flaws on their banking system with high non performing loans and undue check and balance between lender and creditor and how easily someone in ruler circle getting credit and build their own bank.

"My research"




Do you think you are anyone compared to CEBR?

https://www.thedailystar.net/busine...become-25th-largest-economy-2034-cebr-1849039

"The annual rate of GDP growth is forecast to slow to an average of 7.3 percent between 2020 and 2025, according to the report.

Over the subsequent nine years, Cebr forecasts that the economy will remain at this impressive rate, which will see Bangladesh climb from 40th place in the World Economic League Table in 2020 to 25th place by 2034."

They predict 7.3% sustained till 2034 but BD is already growing quicker than this and so let us see if BD can do better than this.

Thailand?Indonesia?

- They are both multi-ethnic states where the dominant ethnicity is less than 50% of the total population and so no real central leader can be present and hence why both are not growing strongly anymore.

BD is a state led by the 98% ethnic Bengalis of whom 90% are Bengali Muslims and is better compared with single-ethnic states like Taiwan, Singapore, S Korea who within 50 years changed from 3rd world to 1st world.

Think why only single ethnic states since WW2 have managed to become 1st world and all multi-ethnic states like Thailand, Indonesia, India and Pakistan have failed.

BD can be more compared to E Asian states rather than S or SE Asian states in economic terms.


PS - Why do you think Malaysia where Malays are 60% of the population are economically much better than Indonesia where the dominant ethnicity is only 40% of the population?
Can you see a pattern between the dominance of an ethnicity and economy progress here?

@Indos - Bro, please do not take this post as being any insult to Indonesia but this countrywomen of yours is frankly very annoying and seems to have a grudge against BD and joining in to attack BD when there was no need for her.

 

[BL33D]

Going by this thread, you should stick to international waters (thankfully theres plenty in the Bay) lol.



LOL right? Funniest part is when they stronk their "GDP/growth rate" like one of those emaciated noobs at a gym celebrating its first empty-bar 5 rep bench press lol.....and saying it reps as many as the actual guys (with lot of weights on theirs) of note there and should be taken seriously. A severe inferiority basket case inertia complex drives this all lol.

That is the effect of adding 3 - 4 % inflation points to your growth figure lol (if you look at what the actual consumption of actual things of note is) to pad for more loan borrowing. Inflated Taka extrapolation STRONK!

What are we on now? The 6th or 7th instance of "export of xyz" that never pans out a year later in the cold hard non-BD media figures?

Their market cap took a severe hit from 70 billion to just 30 billion USD in space of a year (when ANYTHING close to 5+% real growth would at least hold it at previous level with such a low pathetic base...or preferably easily grow it). Their physical consumption of basic materials stays severely depressed, energy per capita being as low as the 1960s south asian average....yet the clowns in here still want 1:1 conversion of Taka to USD (For budget stronk and whatever else).

This is all taking a real toll now on the one thing they relied upon (RMG)....0% tariffed yet dropping now. I guess it will have to be another lesson learned the hard way....not smart enough for any other mode of learning.

Yet they keep reaching regardless for all these rainbows and butterflies lol...no matter how much of a laughing stock they become doing so. Emotions and feelz! Inflation, sheer stupidity and gross inferiority complex are their constant best friends....hence why they end up where they end up in real life lol.

AFAIK Bangladesh has the highest inflation in South Asia of 6% alongside Pakistan.

 

[Nilgiri]

AFAIK Bangladesh has the highest inflation in South Asia of 6% alongside Pakistan.

That's just what BBS reports. The actual effective inflation is far higher.

But folks here don't even know what a high frequency indicator is or its relevance to better inflation accounting (or any parameter of importance more generally)....and thus why BD has such a huge underlying dissonance between its Taka purchasing power and say INR, CNY, EUR, GBP, USD etc....all of which account on far more globally approved standards set for a reason (because of the more resilient economic model which benefits immensely from being transparent as possible, i.e more data as frequent as possible = good)

All is well because a govt (largest oligarch of all if you let them be) says so....though it barely samples/measures anything with relevant global frequency...because hey LDC-tears-stronk, 95% vote win!! Quote random media talkingheads (who nothing about the subject at hand) quoting other random media in circle jerk kumbaya fashion lol.

I mean scour their media for something even 1/10th (since muh population effect) the crediblity/watchability of say bloomberg-quint. Big damp squib....relevant parties that were getting semi interested in it fled once the market cap halved to the 30 billion now and they picked up their running pace in opposite direction as even the RMG falls now (TARIFFED AT 0%, I cannot stress this enough).

But morons in here will nod their heads and even brag if BD govt puts out 7 or 8% "growth" on rote... with RMG taking a tumble now on at least a 30% inflated base to begin with.