Is Pakistan Going Bankrupt? Ft. Javed Hassan | 236 | TBT

[Asimzranger]

In conversation with tonight’s guest, Javed Hassan. What has his journey been like? Getting into investment banking and moving back to Pakistan. The “Economics Advisory Group” and how it’s working? What’s Pakistan’s current economic situation? What does “default” mean? How much money does Pakistan currently owe and what’s our current account deficit? Why do we need IMF? Credit Default Swap (CDS)? What will the middle class do? Breaking it down for the layman and what he needs to worry about? What decisions should be taken right now? What in the last six months has caused inflation? Has the political uncertainty in the country impacted this? Why aren't we able to maintain our strength in this situation? Where did we go wrong? Elite capture and rent-seeking? How did other countries transform their economy? International pricing, economic complexity index? Which industries should we work on? Is education our main problem? What has our main problem been? What happened after Bhutto’s era? How to reduce corruption? Is there an impact on our financial system? Is there an impact on our financial system and real estate? What does “saving” mean? Is there still hope to change? How does he see the Pakistan of 2050? Catch this and much more in tonight’s episode. #thoughtbehindthings #muzamilhasan #economy

00:00 Tonight’s guest: Javed Hassan
01:13 Javed’s Journey!
04:16 Getting into investment banking
05:14 Moving back to Pakistan
06:28 The “Economics Advisory Group”
08:42 What’s Pakistan’s current economic situation?
10:44 What does “default” mean?
11:07 Does Pakistan currently owe money?
11:59 Pakistan’s current account deficit
12:40 Why do we need IMF?
13:42 Credit Default Swap (CDS)
14:38 Breaking it down for the layman
18:08 What’s the solution?
19:01 What will the middle class do?
19:29 What decisions should be taken right now?
20:22 What in the last six months has caused inflation?
26:55 Has the political uncertainty in the country impacted this?
27:25 Why aren't we able to maintain our strength in this situation?
30:30 Where did we go wrong? 34:05 Elite capture and rent-seeking
34:59 How did other countries transform their economy?
36:14 International pricing
37:02 Economic complexity index
39:58 Which industries should we work on?
41:15 Is education our main problem?
42:27 What has our main problem been?
44:47 What happened after Bhutto’s era and what was its impact?
45:59 Summarizing the solution
46:29 What will this lead to?
49:27 How to reduce corruption?
51:10 Is there an impact on our financial system and real estate?
56:27 What does “saving” mean?
59:35 Changing the mindset
1:02:17 Pricing
1:09:34 Is there still hope to change?
1:11:01 How does he envision the Pakistan of 2050?




@ghazi52 @araz @The Eagle @The Accountant @That Guy @Irfan Baloch @PanzerKiel @AgNoStiC MuSliM @Imran Khan @PAKISTANFOREVER @waz @Windjammer @WinterFangs @KaiserX @niaz @farok84 @AZADPAKISTAN2009 @MastanKhan @krash @FOOLS_NIGHTMARE @Bilal Khan (Quwa) @Cookie Monster @Bratva @Foxtrot Alpha @Rafael @Rafi @Trango Towers @TNT @Indus Pakistan @Falcon26 @Norwegian @LeGenD @Iltutmish @notorious_eagle @Akh1112 @mingle @AZADPAKISTAN2009 @Tipu7 @Horus @Ark_Angel @SQ8 @Goenitz @messiach @TaimiKhan @SecularNationalist @farok84 @Blacklight @Meengla @Ahmet Pasha @White and Green with M/S @Dalit @ARMalik @Sainthood 101 @Zibago @Jango @untitled @Reichsmarschall @Bleek @Dual Wielder @Smoke @RescueRanger @Trango Towers @Asimzranger @FuturePAF @Imad.Khan @forcetrip @baqai @blain2 @_NOBODY_ @fatman17

 

[LeGenD]

Informative share, bro. Your breakdown is helpful as well. Thanks.

 

[sur]

https://twitter.com/x/status/1528725651448029184

 

[Goenitz]

Informative share, bro. Your breakdown is helpful as well. Thanks.

@_NOBODY_
You missed too many positive ratings

P.S. Please don't remove the positive rating. The chapters (breakdown) is given in video description.

 

[_NOBODY_]

In conversation with tonight’s guest, Javed Hassan. What has his journey been like? Getting into investment banking and moving back to Pakistan. The “Economics Advisory Group” and how it’s working? What’s Pakistan’s current economic situation? What does “default” mean? How much money does Pakistan currently owe and what’s our current account deficit? Why do we need IMF? Credit Default Swap (CDS)? What will the middle class do? Breaking it down for the layman and what he needs to worry about? What decisions should be taken right now? What in the last six months has caused inflation? Has the political uncertainty in the country impacted this? Why aren't we able to maintain our strength in this situation? Where did we go wrong? Elite capture and rent-seeking? How did other countries transform their economy? International pricing, economic complexity index? Which industries should we work on? Is education our main problem? What has our main problem been? What happened after Bhutto’s era? How to reduce corruption? Is there an impact on our financial system? Is there an impact on our financial system and real estate? What does “saving” mean? Is there still hope to change? How does he see the Pakistan of 2050? Catch this and much more in tonight’s episode. #thoughtbehindthings #muzamilhasan #economy 00:00 Tonight’s guest: Javed Hassan 01:13 Javed’s Journey! 04:16 Getting into investment banking 05:14 Moving back to Pakistan 06:28 The “Economics Advisory Group” 08:42 What’s Pakistan’s current economic situation? 10:44 What does “default” mean? 11:07 Does Pakistan currently owe money? 11:59 Pakistan’s current account deficit 12:40 Why do we need IMF? 13:42 Credit Default Swap (CDS) 14:38 Breaking it down for the layman 18:08 What’s the solution? 19:01 What will the middle class do? 19:29 What decisions should be taken right now? 20:22 What in the last six months has caused inflation? 26:55 Has the political uncertainty in the country impacted this? 27:25 Why aren't we able to maintain our strength in this situation? 30:30 Where did we go wrong? 34:05 Elite capture and rent-seeking 34:59 How did other countries transform their economy? 36:14 International pricing 37:02 Economic complexity index 39:58 Which industries should we work on? 41:15 Is education our main problem? 42:27 What has our main problem been? 44:47 What happened after Bhutto’s era and what was its impact? 45:59 Summarizing the solution 46:29 What will this lead to? 49:27 How to reduce corruption? 51:10 Is there an impact on our financial system and real estate? 56:27 What does “saving” mean? 59:35 Changing the mindset 1:02:17 Pricing 1:09:34 Is there still hope to change? 1:11:01 How does he envision the Pakistan of 2050?




@ghazi52 @araz @The Eagle @The Accountant @That Guy @Irfan Baloch @PanzerKiel @AgNoStiC MuSliM @Imran Khan @PAKISTANFOREVER @waz @Windjammer @WinterFangs @KaiserX @niaz @farok84 @AZADPAKISTAN2009 @MastanKhan @krash @FOOLS_NIGHTMARE @Bilal Khan (Quwa) @Cookie Monster @Bratva @Foxtrot Alpha @Rafael @Rafi @Trango Towers @TNT @Indus Pakistan @Falcon26 @Norwegian @LeGenD @Iltutmish @notorious_eagle @Akh1112 @mingle @AZADPAKISTAN2009 @Tipu7 @Horus @Ark_Angel @SQ8 @Goenitz @messiach @TaimiKhan @SecularNationalist @farok84 @Blacklight @Meengla @Ahmet Pasha @White and Green with M/S @Dalit @ARMalik @Sainthood 101 @Zibago @Jango @untitled @Reichsmarschall @Bleek @Dual Wielder @Smoke @RescueRanger @Trango Towers @Asimzranger @FuturePAF @Imad.Khan @forcetrip @baqai @blain2 @_NOBODY_ @fatman17

HOW DARE YOU OUTRUN ME PEASANT?

Nice share, next time put each timestamp in a separate line to make it easier to read.

 

[Asimzranger]

HOW DARE YOU OUTRUN ME PEASANT?

Nice share, next time put each timestamp in a separate line to make it easier to read.

no problem little john , robin hood may strike again

thanks for advice fixed the timestamps

 

[Wood]

HOW DARE YOU OUTRUN ME PEASANT?

Nice share, next time put each timestamp in a separate line to make it easier to read.

OP needs to learn from the pro

 

[blain2]

The game of brinkmanship continues on both sides to extract incentives.

The sitting government will wait for as long as it possibly can so the pressure mounts on the economy and anything untoward can be deflected as "we only had 10 days of reserve left etc." and "support us now or Pakistan defaults" cards can be used.

The new opposition in its single "new elections" agenda does not care much for the economic bail-out as all of this mess isn't happening on their clock. Overall a bad situation made worse by our very own.

 

[Super Falcon]

Without a doubt our nation needs a wake up call and these fake liar polititions fake promises will never full fill we need new breed of political system but it come at the cost

 

[PDF]

Who captioned this? lol

 

[_NOBODY_]

The game of brinkmanship continues on both sides to extract incentives.

The sitting government will wait for as long as it possibly can so the pressure mounts on the economy and anything untoward can be deflected as "we only had 10 days of reserve left etc." and "support us now or Pakistan defaults" cards can be used.

The new opposition in its single "new elections" agenda does not care much for the economic bail-out as all of this mess isn't happening on their clock. Overall a bad situation made worse by our very own.

And people ask me why I hate democracy. Democracy causes a lot of problems in developed world but in the developing world it causes at least 10 times more problems. In my humble opinion, I am not saying that autocracy is always superior but in the developing world autocracy is better than democracy.

 

[Zibago]

The game of brinkmanship continues on both sides to extract incentives.

The sitting government will wait for as long as it possibly can so the pressure mounts on the economy and anything untoward can be deflected as "we only had 10 days of reserve left etc." and "support us now or Pakistan defaults" cards can be used.

The new opposition in its single "new elections" agenda does not care much for the economic bail-out as all of this mess isn't happening on their clock. Overall a bad situation made worse by our very own.

And I dont care

 

[baqai]

great share, thanks for the breakdown

 

[Longhorn]

And people ask me why I hate democracy. Democracy causes a lot of problems in developed world but in the developing world it causes at least 10 times more problems. In my humble opinion, I am not saying that autocracy is always superior but in the developing world autocracy is better than democracy.

Depends on who the autocrat is.

 

[_NOBODY_]

Depends on who the autocrat is.

Yes it does matter a lot. In a country like Pakistan an autocratic regime will have no choice but to deliver on economic front because that is the most important way to get people to support the regime. Why do Bangladeshis tolerance Hasina? Because she delivers on the economic front.