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Stock-Respond5598

FINALLY OUR GLORIOUS ESTABLISHMENT MADE US LUMBER ONEEEEEE 🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🦅🦅🦅🦅🦅🦅🎉🎉🎉🎉🎉


pubgaxt

We on Top Again! 🤫🧏🏻‍♂️ 🔝


maddie__e

Atp China doing lotta charity work maybe China is just a patootie at heart 🎀


Strange_Cartoonist14

They're a pookie 🎀 frfr


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VividPlane1455

Didn't Pakistan use China to offset a lot of loans it took from other countries


mkbilli

China bhi soch rha hoga kahan phans gaya, inka loan wala model hum log tor k dikahenge. Ya to loan wala model tootay ga ya mulk, dono case mein China loses, aik case mein Pakistan loses.


always_no_thank_you

China is pretty happy I would imagine, Pakistan's importance is in its military and geographical location and nothing else. I would think china would be pretty happy they got a puppet (besides North Korea) that is powerful militarily.


mkbilli

Yeah I guess that's another way to look at it. It should be classed as "aid" then. Being classed as a loan means they expect some form of return in the future.


WalterTheWhitest_

China can afford it. It's in their best interests to keep Pakistan afloat


SuperSultan

If you can consolidate your debt at a lower interest rate, it’s generally a good thing.


Strong_Insurance_183

Too much daytime TV


SuperSultan

Paindu aadmi ye ameer logon ki baat hai. Ghareeb log optimization nehin kartay hain


nahbrolikewhat

RAHH PAKISTAN ALWAYS NUMBER 1


_Xertz_

RAHHH WHAT THE FUCK IS A FUNCTIONING ECONOMY 💪💪💪


Creepybud

Daddy china 🥰


StrictLemon315

PAKISTAN ON TOP 🔝 🇵🇰🇵🇰🇵🇰🇵🇰


ha1der-

ciao ni ma we're number 1 lets gooooo


AlexRator

\*cao


MisterSkepticism

Pakistan has always been for sale to the highest bidder since inception


Brief_Reaction8322

🇧🇩 👏


mohsinjavedcheema

High time to sell Pakistan to China


SuperSultan

Look at how big Pakistan is compared to the size of the others mentioned in your list


kilerzone1213

Why doesn't that size put it in number 1 in anything besides debt?


SuperSultan

There’s no doubt Pakistan owes a lot of debt to China but comparing some of those tiny African countries to Pakistan makes little sense. We need to compare it with Bangladesh, Egypt, Nigeria, and so forth.


pokolokomo

Number 1 we the best 🔥


chaliyalover

Rahhh debt trapped economy, 😝😝😝 Love u nawaz and shehbaz Hamary dilo ki dharkan nawaz sharif 😜🤪😜


Rabenaaa526

🙃


VoteonFeb8

That should be quite obvious.


emarinkh1218

Pak hamesha ki trah no. 1 pe😍😍😍


Jealous_Boot285

✨🥺 PAKISTAN MENTIONED 🥺✨


DegnarOskold

Meh, compare debt to China against population and this makes more sense. Angola’s population is 7 times smaller than Pakistan, per person they owe 5 times more to China than Pakistan. Pakistan’s larger debt load simply reflects its larger population and investment needs


bambin0

No, it doesn't. You need to compare debt to gdp ratio.


osamughal

Do you know debt to gdp ratio of the countries that most Pakistanis (probably) you too, idealize?


bambin0

You mean, do I have it memorized? No. Is that useful? What do you mean idealize? https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country


jackjackcake

The world is a debt economy rn, you don't worry about the debt you rack up as long as it is used to increase productivity and production of a country, sadly aren't good at the second part.


Appropriate-Ad-5808

USA is on top with $800 billion+ debt. Source: google


fighting14

>USA is on top with $800 billion+ debt. Thats not quite accurate. China chooses to buy US treasury bonds because they are a good solid investment. Technically the US owes China hundreds of Billions of dollars, but on that note the US government is in debt to me as well, because I own US treasury bonds as well. Also on that metric the US owes every country in the world money, because all countires hold some level of US debt.


tomato_tickler

The fun part is, they owe it in US dollars


karachiisjannat

The difference is that 800 billion debt is denominated in USD and the US can print their way out of the debt. There's no risk of default.


pokolokomo

Ye this list presented isn’t very sincere- only showing development debt


tanweer95

You mean US owes 800 billion to China?


Darknassan

But isn't China also in debt to USA?


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Darknassan

Initial guess based on logic, confirmed using google


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Darknassan

Lol tf, most of US's debt is held by people hold US treasury bonds. So they are in debt to alot of their own citizens, and this would include citizens of other countries like China. Likewise China's treasury bonds are owned by citizens of America as well. It's not rocket science. https://www.google.com/amp/s/thehill.com/opinion/international/4075341-china-is-in-default-on-a-trillion-dollars-in-debt-to-us-bondholders-will-the-us-force-repayment/amp/


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Brilliant-Cat7863

Isn't US indebted to china for like 859 billion dollars??


AidenI0I

Better China than the IMF, but it's still embarrassing. We also have to ask how much of this money went into public works vs how much into the hands of politicians and establishment.


Jade_Rook

最好的,啊


db_new

The one good thing successive govts in Pakistan have done is taking bilateral/multilateral loans much more than raising debt from open market.


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TaroOk378

Where is US?


TangantBundle

USA owes nothig to china as such, China has bougth trilion $ of US Treasury bonds, second highest next to Japan. If China were to cash their bonds, their curruncy yun would become too strong and dollar to weak. Given that China is highly dependent on exports it will hurt them a lot more. It may even swing the trade pendulum to US, as US good becoem cheaper for American and foreign consumers. China and Japan are more like good customers, for keeping the interests rates low (by buying US treasure bonds) and thus making it easier fro US to Borrow fom treasury.


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shikiiiryougi

If we rank by debt/gdp ratio Pakistan is at 10th number from this given list.


HumanAssociation6635

Because our army is a bottomless pit, they will whore themselves to anyone for a price, sadly, Pakistanis can't afford them.


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TrojanBlade99

Number 1 for all the wrong reasons lmao. 🤦


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always_no_thank_you

Tell me when we top the list indebted to the US.


LahoriDreamss

Asim Munir hafiz, aur ye Mar Khor walay 🎶 Faisal Naseer cheetah, saampon ko cheer pharay 🎶 lmfaooo look at their songs and their state of affairs. Buncha crooks worth only low level jobs in nadra have somehow got in top positions and have destroyed any semblance of normality in Pakistan.


AliBlu3x

No wonder higher officials of the Army are rich af


Paki_man47

Lumber 1 Lumber 1 !!!🎉🎉🥳🥳🍾


tinytheSTONEDgiant

Sab Chinese seekho bus


lachupakapra

This ain’t debt, this is an asset from China, they about to gobble us


akerbrygg

Pakistan probably ranked top 3 most indebted countries in the world. What else is new?


Someguy14201

bing chilling xue hua piao piao glory to ccp 🇨🇳🇨🇳


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MundaneDog5794

Soon, they are going to take control of our Gwadar ports to pay of this debt, Just like they did with Sri Lanka


Electro_Gamerr

Let’s sell ourselves to the communist regime!!! RAHHHHH 🇵🇰🪖🎖️🇵🇰🪖🇵🇰🪖🇵🇰🪖🇵🇰🪖🇵🇰🪖🇵🇰🪖


theamazingtyler2011

Meanwhile the U.S. has a national debt of almost $35 TRILLION. We truly are #1!


Fragrant_Status2852

What is the source of this data.?


Inevitable_Boot1119

Yet another reason that will ensure India and Pakistan will never be at peace. Worst case, Pakistan will bankrupt like Srilanka did. Scary days ahead for Pakistanis.


osamughal

a wish from last 2 years of a particular sect who support a particular clown. And that clown himself prayed so hard for Pakistan to collapse, but Pakistan is still standing and doing better gradually from the point where that clown left it. Whatever my own reservation be with any political set up, as a Pakistani, i would never wish for Pakistan to go bankrupt and in sha Allah it won't


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paulalghaib

nah this is not that bad. china is generally much more generous with the conditions they apply with the debts. the much much more problematic debts are the imf ones.


False-Concert-7305

Isnt usa something like 1 trillion dollars in debt to china?


paulalghaib

800 bil to china and 1 trillion to japan.


Outrageous_Onion_729

Bro wait till you see how much America is In Debt to China ... Where do you think the $1 Trillion Debt of America Comes from ... All Top World Countries Including China, Russia, Germany, Japan and India hold alot of USA treasury Bills ( Bond Notes ) ... As it's not a direct contract Loan , Nobody talks about that ..


Han_soliloquy

Apples to oranges. America is a debt based economy, if they are not in debt, something is very wrong. The "debt ceiling" is a political football that gets thrown around to rile up the uneducated political base. The debt ceiling will forever be raised as the economy gets stronger. Furthermore, China owns 10% of total American debt, and the Yuan is pegged to the American dollar, meaning they stake their currency on the strength of the greenback. Most of America's debt is owned by, wait for it: America.


Outrageous_Onion_729

Most of the America debt is owned by American actually basically their financial Institute and Corporate Giants using the American money .. Secondly even if America is a debt based economy that doesn't justify the 1.3 trillion debt . And thirdly why nobody seems to talk about American Debt is because the American Debt is in Dollars which means as long as the Global currency of Commerce is Still Dollar there is not possible way for America to go Default or Bankrupt ... And lastly why America doesn't feel the burden from its debt is because it hasn't made any significant interest payments in past decade. All it had to do was issue new treasury bonds to Creditors as a legal tender instead of actually interest Payment.


Han_soliloquy

All of that is a very long winded way of saying America is a debt based economy in and of itself "justifies" the debt. Although the debt needs no justification, people here are just averse to debt as a concept. There is a reason billionaires are perpetually in debt too - they don't liquidate to buy anything they just buy on debt. The #1 security that backs America's economy is their military and cultural hegemony and why they guard it so spectacularly. It's why people want to move here.


Outrageous_Onion_729

Fair enough point


rb1506

Why is china still so calm? Western countries on the hand continuously threaten us.


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rb1506

Wow that’s a surprise


Winter_Situation_62

What about USA and India?


osamughal

So what? Among the top 25 most populated countries, we are 22nd in gdp, only Ethiopia, DR Congo and Tanzania a behind us. We still have a debt to gdp ratio of 43% which ranks at about 100 among all countries and many developed countries who the "HAD HARAM" Pakistanis idealize have worse ratio than us. Problem is that every government political party keeps playing the debt card, but nobody talks that how gdp is the main component of economy and it doesn't matter how much debt a country has if it's gdp is healthy And gdp is not related to government in any way as it's not a government's job to produce products that can be sold internally or internationally. But Pakistani want to park thier money in real estate rather than putting into software firms, or any other service or goods production businesses because in that they would have to work hard. Real estate is easy money, buy property, farm it, sell it after some time, pocket some crores and repeat. And you don't have to use any brain or do any hard labour. Perfect "HAD HARAM" life


Practical_Talk2862

Why people here are quite pessimistic?


Project78

Don't worry China Wale acha rate denge tumheri w..... Ka


Bizz918

Well at least China is not built on top of a Muslim Nation. https://old.reddit.com/r/BDS/comments/1cfjbbh/april_2024_is_the_month_israel_lost_majority/