Pakistan. .. NEXT ?

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jansman
Posts: 13692
Joined: Thu Dec 30, 2010 7:16 pm

Re: Pakistan. .. NEXT ?

Post by jansman »

And now Bangladesh:

Bangladesh fuel prices: 'I might start begging in the street' https://www.bbc.co.uk/news/world-asia-62519139
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.
jennyjj01
Posts: 3592
Joined: Sun Jun 04, 2017 11:09 pm

Re: Pakistan. .. NEXT ?

Post by jennyjj01 »

jansman wrote: Sun Aug 14, 2022 12:01 pm And now Bangladesh:

Bangladesh fuel prices: 'I might start begging in the street' https://www.bbc.co.uk/news/world-asia-62519139
Eeek
"Bangladesh, one of the world's fastest-growing economies, has raised fuel prices by more than 50% in just a week. "

Which will be the next domino to fall?
Graceful Degradation! Prepping's objective summed up in two words. Turning Disaster into Mild Inconvenience by the power of fore-thought

Not Feeling Optimistic. Let me be wrong
Vitamin c
Posts: 1070
Joined: Mon Sep 21, 2020 1:16 pm

Re: Pakistan. .. NEXT ?

Post by Vitamin c »

https://www.washingtonpost.com/world/20 ... od-prices/

Egyptian economy seems to be in increasing trouble.
Fill er up jacko...
Kiwififer
Posts: 732
Joined: Tue Jul 24, 2018 1:02 pm

Re: Pakistan. .. NEXT ?

Post by Kiwififer »

So we have a nuclear armed state on the verge of economic meltdown, a simmering internal conflict with Islamist militants and a neighbour who hates it and would love to meddle in its internal affairs?

I can’t see anything wrong with that!
grenfell
Posts: 4025
Joined: Thu Jul 04, 2013 7:55 pm

Re: Pakistan. .. NEXT ?

Post by grenfell »

Energy problem hasn't got any better,
https://www.bignewsnetwork.com/news/273 ... wer-crisis
Vitamin c
Posts: 1070
Joined: Mon Sep 21, 2020 1:16 pm

Re: Pakistan. .. NEXT ?

Post by Vitamin c »

https://www.businessinsider.com/china-d ... ing-2023-6

Now even china's economy is in trouble.

If many western economy's are in near recession, it must affect china
Fill er up jacko...
Frnc
Posts: 3441
Joined: Sat Mar 12, 2022 1:54 pm

Re: Pakistan. .. NEXT ?

Post by Frnc »

Vitamin c wrote: Thu Jun 15, 2023 9:53 pm https://www.businessinsider.com/china-d ... ing-2023-6

Now even china's economy is in trouble.

If many western economy's are in near recession, it must affect china
"it also does not appear that Beijing is going to step in and reverse this downward trend"

Well that would be odd. The regime does have the ability to step in, and had done in the past. They acted to stop inflation in the past.

Around 1979 the regime started encouraging small scale private enterprise. This accelerated after the USSR closed down. However it brought inflation. It was the state's decisive action that stopped it.
jennyjj01
Posts: 3592
Joined: Sun Jun 04, 2017 11:09 pm

Re: Pakistan. .. NEXT ?

Post by jennyjj01 »

Frnc wrote: Fri Jun 16, 2023 5:46 am
Vitamin c wrote: Thu Jun 15, 2023 9:53 pm https://www.businessinsider.com/china-d ... ing-2023-6

Now even china's economy is in trouble.
"it also does not appear that Beijing is going to step in and reverse this downward trend"

Well that would be odd. The regime does have the ability to step in, and had done in the past. They acted to stop inflation in the past.

Around 1979 the regime started encouraging small scale private enterprise. This accelerated after the USSR closed down. However it brought inflation. It was the state's decisive action that stopped it.
As opposed to slumps in the past, it also does not appear that Beijing is going to step in and reverse this downward trend. Chinese President Xi Jinping has instead been preparing his people for an era of lower growth, making it clear that's what the economy can achieve in its current state, and it's also the structure he likes.
Yes, a rather odd policy decision by Xi. Maybe a tacit confession that he doesn't expect to deliver stellar growth and wants to rule as the guy that didn't go boom to bust. Or maybe he's hoping to smooth out the economic damage done by the zero-covid policy.
Perhaps he's a prepper and knows that 'growth' is not the great thing it's made out to be,
Graceful Degradation! Prepping's objective summed up in two words. Turning Disaster into Mild Inconvenience by the power of fore-thought

Not Feeling Optimistic. Let me be wrong
grenfell
Posts: 4025
Joined: Thu Jul 04, 2013 7:55 pm

Re: Pakistan. .. NEXT ?

Post by grenfell »

Perhaps he's one of the few politicians who has done some reading...
https://en.m.wikipedia.org/wiki/The_Limits_to_Growth
Vitamin c
Posts: 1070
Joined: Mon Sep 21, 2020 1:16 pm

Re: Pakistan. .. NEXT ?

Post by Vitamin c »

grenfell wrote: Fri Jun 16, 2023 7:02 am Perhaps he's one of the few politicians who has done some reading...
https://en.m.wikipedia.org/wiki/The_Limits_to_Growth

I hope all world leaders read that report ,all we hear about is growth.
Britain' don't make much anymore all we do is consume this is why our population is growing ... more consumers = more profits = dieing planet.
Fill er up jacko...