BD exceeds Singapore, HK in GDP

[bluesky]

Actually if you look at FDI reverse ratio, most countries at BD level (or when they were at BD level) and even below it are investing far better proportion in reverse direction.

Example India during the 90s even with its turbulent crisis and much less development then, was investing a much higher % of its inflow outside (about 9%) compared to BD today (less than 2%).

This suggests something is actually quite wrong in BD business and banking sector. Maybe frontier profits are simply stashed into offshore bank accounts, rather than re-invested to buy some useful equity in a more advanced peer. Latter after all means more paper trail is left.

Anyway, please do not give wrong advice to BD. Your prescription is already ruining India.There are people who regularly stash the ill-gotten money in the offshore Banks. Here, the issue is lack of nationalism, lack of a proper accounting system in the Tax Bureau, the arbitrary imposition of the tax, cheating by the rich, corruption and so on.

But, the basic issue is the investment in manufacturing plants? It is not happening. One reason is the high-interest rates because the govt borrows money from the savings and bonds. Companies cannot expand business due to this.

 

[Nilgiri]

Anyway, please do not give wrong advice to BD. Your prescription is already ruining India.There are people who regularly stash the ill-gotten money in the offshore Banks. Here, the issue is lack of nationalism, lack of a proper accounting system in the Tax Bureau, the arbitrary imposition of the tax, cheating by the rich, corruption and so on.

But, the basic issue is the investment in manufacturing plants? It is not happening. One reason is the high-interest rates because the govt borrows money from the savings and bonds. Companies cannot expand business due to this.

Yes its ruining India "so much", and BD keeps blabbing pharma and IT and whatever else it sees in monkey-see monkey-do fashion, but cannot put a cpl dollars and cpl brain cells to rub together to actually acquire what it needs and do something (at an actual scale that matters)....obviously the few people with means just have no basic trust in their own people and system.

So it stuck to chaddi weaving as long as developed world feels nice to give it 0% duty access. When that's gone, is when you are in big trouble (combined with this inflation, loan and no desire to join better standards and basic accountability)....because you are just not a capable people in the end it seems (bourne out wherever you go and no BBS or BAL magic or walton brochures available....just what you have with you).

But maybe you guys can make future business out of 300 taka tea and dhaka cityscape CGI and setting bengali-abc proof tests....and complaining about BD air-farce and burmese bullying....and whatever other hot air.

 

[bluesky]

Yes its ruining India "so much", and BD keeps blabbing pharma and IT and whatever else it sees in monkey-see monkey-do fashion, but cannot put a cpl dollars and cpl brain cells to rub together to actually acquire what it needs and do something....obviously the few people with means just have no basic trust in their own people and system.

So it stuck to chaddi weaving as long as developed world feels nice to give it 0% duty access. When that's gone, is when you are in big trouble (combined with this inflation, loan and no desire to join better standards and basic accountability)....because you are just not a capable people in the end it seems (bourne out wherever you go and no BBS or BAL magic).

But maybe you guys can make future business out of 300 taka tea and CGI and setting bengali-abc proof tests.

Yes, India is being ruined by your kind of economic and Hindutva policies. It is going down and we are going up by living peaceful with our minorities. By the way, whatever has happened to your car assembling plants? They have offloaded/retrenched their inefficient and pot-bellied workers.

How about your currency? It is losing fast vis-a-vis BD Taka. Very sad, you are not running the finance ministry to ruin the country faster.

 

[Nilgiri]

Yes, India is being ruined by your kind of economic and Hindutva policies. It is going down and we are going up by living peaceful with our minorities. By the whatever has happened to your car assembling plants? They have offloaded/retrenched their inefficient and pot-bellied workers.

LOL, its like a rickshaw coolie talking about his expertise in ferraris and porsches.

BD the great country that can afford 20 thousand used clunkers a year...and assembles less than a thousand....for a population of 170+ million. ...and guy from this place is trying to compare about 100+ times scaled sector in the country that set up BD (including the cooking lady "PM") in first place lol.

Yes in one shift restructuring at just one plant.... we lose 100+ years of BD total production ....that is far bigger critique of you lot....not even in the horizon and never will be. Just like any other industry, kanjoos rickshaw complex is too much burden for your brain....hence why your politicians make mincemeat out of you... and only steady feature is the toll this takes on even poor BD medical refugees...that simply cannot trust the BD system with their health and life.

So just pull your rickshaws some more and stitch some more underwear so maybe you can actually do something else later (like say that 1st shiny needle factory you always like to cry about)....why waste time talking way above (pharma, IT, walton and whatever else comes to mind)?

You are after all simply a country when mentioned.... that people everywhere ask "is that a city in India?" Cuisine thus has to be presented as "Indian" by you lot to earn a basic dime....because no brains to do anything else or improve and market your own identity.

 

[bluesky]

LOL, its like a rickshaw coolie talking about his expertise in ferraris and porsches.

I thought you are a Coolie pretending to be riding a Ferrari. You are just ignorant of anything practical. you are here to destroy important threads on BD, you are soooo jealous of BD achievements!! with all our problems BD is better off than the poor India. Look at your Rupee value instead of talking like a mining coolie.

Let our people discuss our problems. You should just get out of here and re-enter your Indian Forum where people are waiting to slap your gorilla face and kick your monkey ***. Idiot, just get the Hell out of here. You are not welcome here.

 

[Bilal9]

Ha ha, claiming Ferraris and Porsches when reality is like this,

Here's a nice image of a quality made-in-India product, the front end simply came off....how come all the Ferrari and Porsche owners are wearing cheap sandals and low quality polyester pants? And where are the White nokars?

 

[Nilgiri]

Typical illiterate vindaloo servers just dont get what metaphors are

Be sure to scroll down....and down till you hit the bottom. Looks like I was being kind when I said "1000"

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

Just like scrolling down and down till you find what the vindaloo types earn in whichever democrap "sanctuary" city they are hiding out in:

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

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

 

[bluesky]

https://image.shutterstock.com/image-photo/mumbai-india-january-7-2018-600w-1097864615.jpg

@Nilgiri, just a reminder!! How are you enjoying this Ferrari ride above in India? Please take a few of these to Canada where your Indian Coolie colleagues can sleep in.