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Yeah, but I'm wondering if we can put a blockade on Iran and whether Iran can lift that blockade or not? HASHMI/VAZIR

Let me explain to you what corruption does: A) it ruins lives of countless families B) it turns the economy of a country to shit C) it takes away the right of all people to be treated fairly (which includes you too) D) it further increase problems such as wage gaps and poor-to-rich ratio. Still...

That's what I meant when I said it would be quicker.

Yeah. Basically what you needed from 2003 was the following: resources (check), FDI (check) closed tax loopholes, capital owned by boys in home invested in home (can be improved) and concrete reforms (can also be improved).

PREACH: the misinformation in this case being weaved by propaganda machines is mind boggling

That is what I said. GDP nominal is not the only scale to be measuring on

When India starts coming near US, they will have the same rates. 2% for US means that there isn't room for even greater GDP anymore. Hence, no room for GDP growth rate anymore. The same will happen with India and anyone who gets to that stage.

Not that large of a scale. They should do it slowly. After making the push in economy that is needed to get people good jobs and income, start producing electric cars at home that are cheaper, and start increasing taxes on cars with large CO2 emmisions. Start building more nuclear power...

I'm still a skeptic. China? Maybe. But crossing the US is hard especially if the oil doesn't run out [emoji14]

Ofc you also need good resources to do that. Like, UK is good but it can't be as good as India with some big banks and that vast amount of resources. With that, India can certainly give China a run for their money (so to speak).

I don't think you can ever cross or even match the US. Unless the oil runs out and India gets themselves some electric cars before that.

What you really need are some badass banks with fairly cheap interest rates and a fairly strong union. That, combined with low corporate/business taxes, will serve India in terms of growth very well. Top it off with cutting some slack to middle class in terms of tax.

Exactly. But even though demonetization was a good idea, it's execution was terrible. Anyways, it is done and I hope it will prove effective. But there's still a lot to do.

Better. I was only making sure you were considering other things too.

It would be a big political blow to the PMLN

It definitely has huge potential, no doubt. What they need to do, for starters, is close the tax loopholes and increase the number of taxpayers.

By largest economies you mean GDP nominal, right? Well, I hate to day it, but economies are defined more broadly. Think in terms of GDP PPP, GDP per capita, GNP, FDI, HDI, and GDP growth rate (the last one is for 2nd and 3rd World Countries only). These are just a few of the many, many indicators.

Got it. And one more thing. Does Pakistan have the ability to, in an unconventional move, deny ships access to Persian Gulf and in effect blockade Iran from one side? Hypothetical scenario. I also want to know if we could hold it that way in a war.

But is Babur bring fitted on the F-22Ps?

Joke's on you.