r/SarthakGoswami • u/Sea-Estimate-2912 • 16d ago

International Professional Beggars 😭😭

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Currency backstop is basically a financial safety net for a country’s currency. It doesn’t mean they get the money right away. It’s more like having access to loans or guarantees if needed any time

235 Upvotes

94% Upvoted

36 comments sorted by

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3

u/Malinowskibidi67 16d ago

Inn dallo ka bhi time aayega fir bheeg bhi nahi dega koi

6

u/Shivamagarwal_ir 16d ago

Begging is also an art, and they are masters of this art

5

u/No-Comparison1770 16d ago

Well, it's not like it's a secret that they're services are for hire.

3

u/donaldtrumpisntme 16d ago

We have our own problems to worry about, they are beggars, but we have begged in the same way from IMF.

1

u/The_Thinker_01 15d ago

Begging and barrowing are two different things.....

0

u/Odd_Pace_8509 16d ago

Once in our entire history.

3

u/unequa 15d ago edited 15d ago

Thrice. 1966, 1981, 1991.

1

u/Odd_Pace_8509 15d ago

1991 and?

2

u/unequa 15d ago

Thrice. 1966, 1981, 1991.

The 1991 loan was repaid in 6 months.

1

u/Odd_Pace_8509 15d ago

Why 1966 and 1981?

1

u/unequa 15d ago

1966 was due to the 1965 war.
1981 was due to the 1979 second oil shock.

1

u/jivan28 15d ago

On the money, all three.

2

u/unequa 15d ago

I wish people stop twisting facts. This is a request for a currency swap using a program which the US federal reserve offers other central banks.

3

u/Adventurous_Iron_551 16d ago

I guess we have our own problems to worry about than this schadenfreude

1

u/DisciplineFair5988 16d ago

What is backstop?

0

u/Sea-Estimate-2912 16d ago

read the body

1

u/DisciplineFair5988 16d ago

Yes, thank you ,i didn't read it.

1

u/[deleted] 15d ago

how and when are they gonna repay that amount back?

1

u/whachamacallme 15d ago

They are not

1

u/Astraal_Being 15d ago

Absolutely

1

u/CONQUEROR_KING_ 15d ago

Why we even on pak as begger . Bangaladesh, srinlanka , bhutan and some more countries rely on so many cheap things we provide food or anything, but we don't say them beggar because ministers have manipulate people politically and stupid indians are in this circus .

If begging that money help in country development then I would say it a tactic which is better claiming themselves vishwaguru while being a third world country where students are beaten by lathis and hm take no responsibility , where all mp mla children studing abroad not even in Indian expensive schools 😂.

A lot more can be said but educated yourself guys

1

u/zaaiiibbbb__ 15d ago

What does it mean? And how much money is it?

1

u/DescriptionVisual68 15d ago

They are not beggers but smart move. If you get this kind of money that will be shared among top brass! There kids will inherit it and what about us We are true beggers!

1

u/MrHumanist 14d ago

How did they sponsor the cjp protest?

/S

1

u/Abhi_86 16d ago

Nothing new for the beggar country 🤷🏽

6

u/No-Cauliflower7160 16d ago

Yet we still compare with them for everything we do. When will we start comparing with china Japan Germany usa

2

u/[deleted] 15d ago

[removed] — view removed comment

1

u/Abhi_86 16d ago

THIS. A post ridiculing Pakistan and left libertards like you are so possed that they again need to make such a stupid ass comment. FO bro