Episode notes
The episode analyzes an editorial, titled "Bangladesh’s Predatory Stock Market: A Legacy of Political Plunder," argues that Bangladesh's stock market functions as a rigged casino, designed to enrich a political elite at the public's expense. It details how the Awami League government allegedly orchestrated two major market collapses, in 1996 and 2010-2011, through systemic manipulation, including bogus IPOs, placement trading, and opaque omnibus accounts, all benefiting politically connected insiders. The text also implicates the banking sector for reckless overexposure and the Bangladesh Bank for actively enabling the speculative bubble despite warnings. Ultimately, the editorial calls for the