How long before the inevitable Default?

[Enigma SIG]

How about selling P_O_K for 10 Billion USD ?

How about you sell IOK for 10 mil USD because you're burning up your reserves just imposing a curfew.

 

[lightoftruth]

How about you sell IOK for 10 mil USD because you're burning up your reserves just imposing a curfew.

We can burn reserves for 1000 years still won't default like you guys.

 

[Enigma SIG]

We can burn reserves for 1000 years still won't default like you guys.

Lagay raho, Pakistan k lun pe na charho.

 

[Valar.]

We can burn reserves for 1000 years still won't default like you guys.

Actually, whatever condition we are in today, India was there similarly in 1991.

Anyway, topic is Pakistan, let's stick to it.

 

[SoulSpokesman]

@Valar.

Actually, whatever condition we are in today, India was there similarly in 1991.

You make a very valid point. And if Pakistan can stick to a restructuring plan, it can really fly.

I have many Pakistani friends, some of them much younger to me. My advise to them - is invest in the KSE Index, it could be the opportunity of a lifetime!

Regards

 

[Rollno21]

How about selling P_O_K for 10 Billion USD ?

Why would we pay for something which is ours.

 

[lightoftruth]

Why would we pay for something which is ours.

To avoid unnecessary expense of war.

 

[Wood]

Actually, whatever condition we are in today, India was there similarly in 1991.

Anyway, topic is Pakistan, let's stick to it.

Not quite. India had to ship tonnes of gold as collateral. I don't know if Pakistan has bullion gold reserves like that, but friendly countries loan Pakistan more willing without collateral

 

[chinasun]

Pakistan will not default on its debt: One: Pakistan's industrial exports can earn foreign exchange and will not dry up the country.
Second: Although Pakistan does have the risk of default in international payments, many countries and international institutions, including China, have decided to roll over its debt, which greatly reduces the risk of debt repayment.
Third: Pakistan will soon receive a bailout loan of nearly 1 billion US dollars from the International Monetary Fund to boost its debt repayment ability and avoid the debt crisis from becoming the last straw that crushes Pakistan;
Fourth: Because of the China-Pakistan Economic Corridor, China will not sit idly by Pakistan's economic crisis and debt default. To this end, China has provided Pakistan with US$2.3 billion in emergency loans and US$4 billion in debt rollovers, helping it increase its foreign reserves and resist the risk of international payments imbalance.

 

[Wood]

You make a very valid point. And if Pakistan can stick to a restructuring plan, it can really fly.

Restructuring economy for India meant opening the economy for globalization. Pakistan is already open for business. I don't see any short term solutions for Pakistan other than Reko Diq and Sui Gas fields. So Pakistan just has to stay above water for next 5 or 6 years before these projects turn profitable.

 

[TNT]

I agree, let it default. In order to build something new, the old one needs to be abolished. We need to abolish this colonial setup with their agents as elites. I just want that when shit hits the fan, these elites should not escape. They should be dragged from their homes and hanged in streets. A harsh lesson should be taught to all future leaders.

 

[MH.Yang]

Don't worry, Pakistan will not default. You have many friends.

 

[Two banks of the River]

How about selling P_O_K for 10 Billion USD ?

If it's up for sale and Pakistan manages to get the territory it ceded to China , we will be more than happy to service all of their external debt for once.

 

[ziaulislam]

The day I saw the Srilankan visuals or how the Rajapaksa family was trying to run away to Dubai first and then western capitals, it looked all too familiar.

Zardari's, Sharifs will be running away the same way first to Dubai, later some will go to London, and others will go to the US. For a while, they will remain off the scene with very less frequent statements, and later their agents, facilitators, aiders, and abetters will start preparing the ground, by that time establishment will chicken out one pretext or another and be available to make deals and they will return to Pakistan to rob again (either they themselves or their next of Kin)

And then they will be back

We already defaultd in 1998

 

[Abdul Rehman Majeed]

Assumptions:

Political situation gets dragged on with PDM unwilling to concede space to Pakistan.
Sri Lanka type protests occur with intensity gathering steam on a weekly basis.

Pakistan will not become Srilanka. We should stop maligning Pakistan for political purposes.