India = Africa on steroids.
Pakistan = Somalia on steroids then?
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
India = Africa on steroids.
Indians were so happy and glad about Pakistani economy and now they are going to taste that cake too.
living in slums and being happy is better than living in those screwed up HDB working 8am to 9pm , being tense abotut job security, eating crappy makan at hawker center out of polystyrene box and getting colon cancer . yes slum dwellers are happy without having much and you guys are kiasu living in wealth
Idgt go learn some economics before posting stuff about national debt & its correlation to fiscal deficit/expenditure ! Most of these high IQ CN mainland & HK residents' posts on PDF shows why they love to copy stuff & how the CPC artificially lowers the number of people BPL by employing this $ 0.02 armyAn article from a presenter of an anti-China program can't make any sense....
You should know ..Let me show you.
China government revenue 2011: $1.65 trillion
China government expenditure 2011 : $1.72 trillion.
The fiscal deficit : $75 billion, 1% of GDP.
See my post:
http://www.defence.pk/forums/world-affairs/168293-2011-china-government-revenue-up-24-8-1-65-trillion.html
China trade surplus in 2011: $200 billion.
How could China has a 170% GDP debt?
Now we turn to India.
India government revenues 2011: $218.7 billion
India government expenditure 2011: $311.2 billion
The fiscal deficit : $100 billion, 50% of government revenue and 6% of GDP ....wow.
India trade deficit in 2011 : 185 billion.
Economy of India - Wikipedia, the free encyclopedia
Through the comparision, you may know why China has a AA rating , while India is only BBB-.
we should not mock India .. we too are in extreme mess .. PKR is 93.53 today
Okay....agreed
But the question is how will anyone enforce all these descisions??
the govt is blackmailed by her allies, and the opposition is divided in factions...........
We will have to wait till 2014 most probably when the next general elections will take place...........maybe then the situation will improve...
An article from a presenter of an anti-China program can't make any sense....
You should know ..Let me show you.
Here's a little background information on the Forbes article and it should come as no surprise to either you or me. Gordon Chang is at it again. He made his name by authoring a book titled The Coming Collapse of China in the mid-1990s and has followed up with numerous articles on the subject. Google them up and our Indian friends will find them most interesting. CHEERS!
Pakistan = Somalia on steroids then?