Idiotic Sinking state of Bangladesh

FalconSlayers

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gslv markIII

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They don't even calculate their GDP quarterly, lol... :rofl:

And wants us to believe that their GDP growth rate is credible...

Neighbouring India also calculates its GDP in every three months. Various developed countries like the US, UK also calculate their GDP quarterly. Unlike those countries, Bangladesh calculates its GDP once in a year. As a result, though the country suffered a big blow because of coronavirus in the last quarter of the last fiscal year, the actual picture was not reflected in its estimation of GDP growth.

https://en.prothomalo.com/bangladesh/bangladesh-bureau-of-statistics-lags-behind-in-stats
 

FalconSlayers

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They don't even calculate their GDP quarterly, lol... :rofl:

And wants us to believe that their GDP growth rate is credible...

Neighbouring India also calculates its GDP in every three months. Various developed countries like the US, UK also calculate their GDP quarterly. Unlike those countries, Bangladesh calculates its GDP once in a year. As a result, though the country suffered a big blow because of coronavirus in the last quarter of the last fiscal year, the actual picture was not reflected in its estimation of GDP growth.

https://en.prothomalo.com/bangladesh/bangladesh-bureau-of-statistics-lags-behind-in-stats
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Suryavanshi

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I wonder why no one during independence looked at the Siliguri Corridor and thought a passage of just 35 km is retarded and a security blunder in theirs connection to North East. Were the people who agreed to division just blind or ignorant.
 

FalconSlayers

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I wonder why no one during independence looked at the Siliguri Corridor and thought a passage of just 35 km is retarded and a security blunder in theirs connection to North East. Were the people who agreed to division just blind or ignorant.
Lol, even the West Bengal districts bordering Kangladesh are Muzzie majority, be happy that atleast you got siliguri corrdor else, “muh patriotic Indian muzzies” would have made it Bangladesh’s part as well.
 

FalconSlayers

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lol...A country which is unable to export at least $1 billion worth of engineered products mocking Indian car exports (worth around $8 billion)... :rofl:

View attachment 101247

But hey, they export $100 million worth of bicycles...what a huuuuuuuge achievement!!! :rofl:

And talking about ''cars''.

:rofl:
View attachment 101248

Some 500 new cars & 300 reconditioned JDM 2000cc+ cars sold annually...

And billi claims that the standard family car in Bangladesh is a full-size sedan with a 2 liter engine.:rofl:

In comparison some 40,000 Mercs/Audis/ BMW/ JLR are sold annually in India. :pound:
 

FalconSlayers

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lol...


View attachment 101249

The World Bank has revised its GDP growth projection upwards for Bangladesh to 2 per cent for the last fiscal year, although the figure is still far lower than the government's estimate.

"Our provisional estimate is that the GDP had grown by 5.24 per cent in the last fiscal year. It is not reflected in their [World Bank] report," Finance Minister AHM Mustafa Kamal told The Daily Star.


How to counter his leftist media claim for India, leave bangladesh.
 

FalconSlayers

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FalconSlayers

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Also allow me to show why their GDP data are inflated.

Here is the trend of exchange rates between Bangladeshi taka and dollar. Check the pattern between 2010-20. Their currency did not depreciate much.

Now here is the trend between Indian rupee and dollar. Just notice how massively India manipulates currency to keep nominal GDP artificially low to facilitate export.

India ia not alone. Many emerging economies with significant industrial bases do it. One more case being Vietnam.

This is the reason both India and Vietnam continue to be on the US watchlist for currency manipulation charges. (Japan, Korea, Thailand, Mexico, Italy, Switzerland are some of the remaining ones on the list)

Here are the details.

This is the reason IMF compared economies based on GDP(PPP) per capita. But Raqibools don't care about facts anyway, so leave it.
Which means our currency is over valued?
 

FalconSlayers

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The exact opposite. Massively undervalued. If anything is overvalued then it is BD currency. Undervalued currency keeps Indian nominal GDP per capita artificially low. This is clearly visible in GDP(PPP) data and this is also why IMF compares economies based on GDP(PPP) per capita. Also, BD until very recently used to have higher inflation which used to further inflate their nominal GDP per capita. Once Indian rupee starts appreciating a few years from now it will automatically result in higher nominal growth. But there is no point explaining actual economics to Bangladeshi madrassa economists.:yawn:
Paki currency is also under valued, very very much.
 

FalconSlayers

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The exact opposite. Massively undervalued. If anything is overvalued then it is BD currency. Undervalued currency keeps Indian nominal GDP per capita artificially low. This is clearly visible in GDP(PPP) data and this is also why IMF compares economies based on GDP(PPP) per capita. Also, BD until very recently used to have higher inflation which used to further inflate their nominal GDP per capita. Once Indian rupee starts appreciating a few years from now it will automatically result in higher nominal growth. But there is no point explaining actual economics to Bangladeshi madrassa economists.:yawn:
But Bongo GDP PPP is still far more than nominal.
 

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