Rhyming of history is plain scary.
Suez Canal was the grand daddy OBOR project of the nineteenth century. England, which was the dominant power of that time, opposed the construction of the project just as Uncle Sam is opposing OBOR scheme today. Britain's opposition stemmed from the fact that (i) Suez Canal was being built by France which was rival power (ii) with the construction of the canal, Britain would lose control of world's dominant trade route.
Like Pakistan, Egypt had to take on a lot of debt to pay for its share of construction. Borrowing became easier as Egypt enjoyed a boom as Egyptian cotton prices went through the roof after civil war started in the US which decimated US cotton exports thus driving global cotton prices. Thinking that good times would last forever, Egypt borrowed more than it should and debts became problematic after cotton prices crashed after US civil war ended. In order to reduce debt service costs, Egypt was forced to sell its stake in the canal. British government stepped up as a buyer with Rothschild group arranging financing.
There is not much information on Rothschild group of the twenty first century since group entities are private. One area the group is known for is debt restructuring advisory, i.e. they advise over-leveraged entities on how to reduce debt burden by taking lenders into confidence.
On a relative basis, until one year back, Pakistan's external financial position was reasonably sound. But then Russia invaded Ukraine which resulted in global inflation which enemies of Pakistan portrayed as a Pakistan specific problem arising due to mismanagement by government which was seen as hostile to western interest. Awam, due to lack of financial nous, swallowed enemy propaganda hook line and sinker which paved way for removal of IK's government which had skilfully dealt with challenges arising from COVID. Problems were doubly difficult because Sharif govt had left Pak on the verge of bankruptcy.
Because enemies wanted to weaken Pak, they installed in government, a group of people who would lead Pak back towards bankruptcy. One goal of the enemy is to stop twenty first century version of Suez canal i.e. China backed CPEC project. Will enemies succeed? Odds are better than even. Enemies have gained control of Pak and restructuring of Pak debt will make future operation of CPEC highly problematic since China will not invest in projects in enemy held territory.
As for Rothschild angle, I don't think there is yehudi saazish behind it. But the fact that Pak is speaking with Rothschild is scary in itself and bad signs for those in Pakistan.
