Tharerdogan

Ruang Sidang III - Divisi Judging Pipel

[Tharerdogan @tharerdogan]

I thought on sharing it here I guess ...

diy double tape (buy me art tape pls) sketching di kost at 1am moment

[Tharerdogan @tharerdogan]

@lahirmonday Senior CEO Office Intern

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@4verageboy

[Tharerdogan @tharerdogan]

rip, 800T bayar pake apa ya

[Ricky Ho @rickyho_1989]

Danantara’s global debt roadshow is a reminder that not all public liabilities sit neatly on the government’s balance sheet.

The market may view it as corporate borrowing, but economically it resembles shadow public debt. The reason is simple: investors generally assume that strategically important state-owned entities and sovereign wealth vehicles carry some degree of implicit government support, whether formally guaranteed or not.

That is why contingent liabilities matter. Debt raised outside the official budget can still become a fiscal obligation if projects underperform, refinancing conditions tighten, or policymakers ultimately decide that the institution is too important to fail.

The concern is not that Danantara is raising debt. Many sovereign investment vehicles do. The concern is whether borrowing is being used to create productive assets that generate returns above the cost of capital, or whether leverage is gradually becoming a substitute for fiscal capacity.

Markets do not only look at official debt-to-GDP ratios. They also assess the stock of obligations that could eventually migrate back onto the sovereign balance sheet.

In that sense, Danantara’s borrowing should be viewed not only as corporate debt, but as part of Indonesia’s broader contingent liability profile.

[Tharerdogan @tharerdogan]

@lahirmonday usd to idr pada waktu tsb.

[Tharerdogan @tharerdogan]

@lahirmonday gas ga si

[Tharerdogan @tharerdogan]

@lahirmonday anjay masuk lahirmonday

[Tharerdogan @tharerdogan]

GIIN IRIS+

I love you

[Tharerdogan @tharerdogan]

@lahirmonday lets go

[Tharerdogan @tharerdogan]

@lahirmonday nice name

[Tharerdogan @tharerdogan]

@lahirmonday

[Tharerdogan @tharerdogan]

@lahirmonday covid change lives bro (i didnt get covid)

[Tharerdogan @tharerdogan]

@lahirmonday @DamielBernaldo we are charlie kirkkk

[Tharerdogan @tharerdogan]

@lahirmonday jir apa donlot lg ya

[Tharerdogan @tharerdogan]

rediscovery of my old Hendel tape, is certainly one of the end of year blessings.

[Tharerdogan @tharerdogan]

had to be the funniest so far

[Tharerdogan @tharerdogan]

@4verageboy jaya

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@lahirmonday oke

[Tharerdogan @tharerdogan]

Sauron

[. @ewwwtfff]

I'm pregnant and looking for a baby boy name that ends with “on” Help me out before my husband suggests Dragon again 🙂