Pakistan import based dollar subsidizing economy, a giant ponzi scheme

[ziaulislam]

Basically sums how we ran a ponzi scheme by giving people 1.5 dollars(or import material) at cost of 100rupees

When funds ran out people loose even greater money(over correction of dollars and paying old debt)

 

[Crimson Blue]

When I was young man many years ago, I was advised not to budge in with my opinion about the subject matter that I have no idea about.
Now I realize how good that advice was.

 

[Paul2]

View attachment 791168

Basically sums how we ran a ponzi scheme by giving people 1.5 dollars(or import material) at cost of 100rupees

When funds ran out people loose even greater money(over correction of dollars and paying old debt)

I had big hopes for Imran letting Rupee go, but the policy barely changed since Sharif.

It still seems that Rupee is artificially pumped through some less obvious mechanisms at Bank of Pakistan, though direct FX spend is has been reduced.

Pakistan still bleeds FX, but now for close to no return.

 

[ziaulislam]

I had big hopes for Imran letting Rupee go, but the policy barely changed since Sharif.

It still seems that Rupee is artificially pumped through some less obvious mechanisms at Bank of Pakistan, though direct FX spend is has been reduced.

Pakistan still bleeds FX, but now for close to no return.

You right to some degree especially this year biy not to a degree before.
Reality is there is no aladin fix to getting exports up as mentioned by me three years ago.
Best you can hope is increase exports by 50% in 5 years to around 32b$ from 22 b$ rather then causing a 20% decrease..anything beyond 32b$ will be bonus and unexpected.

But pakistanis want it to be 500% so queen maryum can do pump and dump excercise with ease..sorry even shahid afridi can bat this fast

When I was young man many years ago, I was advised not to budge in with my opinion about the subject matter that I have no idea about.
Now I realize how good that advice was.

I thought you get smarter with timw..guess thats not the case everytime

 

[El Sidd]

View attachment 791168

Basically sums how we ran a ponzi scheme by giving people 1.5 dollars(or import material) at cost of 100rupees

When funds ran out people loose even greater money(over correction of dollars and paying old debt)

are you suggesting people should not invest in Pakistan?

This looks like a working model for PTi and their ATMs.

 

[Norwegian]

I had big hopes for Imran letting Rupee go, but the policy barely changed since Sharif.

It still seems that Rupee is artificially pumped through some less obvious mechanisms at Bank of Pakistan, though direct FX spend is has been reduced.

Pakistan still bleeds FX, but now for close to no return.

Not it's not. Pakistan real effective exchange rate is around 100 so currency is not artificially manipulated

 

[ziaulislam]

are you suggesting people should not invest in Pakistan?

This looks like a working model for PTi and their ATMs.

Doesnt matter what i suggest
People already know whose coming 2023

Not it's not. Pakistan real effective exchange rate is around 100 so currency is not artificially manipulated

For now..wait till our glorious leadr is back or if our incompetent IK buckle to pressure of inflation and open flood gates to subsidize imports basicslly do what mushi did in global financial crisis of 2008

 

[ziaulislam]

Govt cant pass SBP bill due to my leader maryum nawaz stating she wont allow it

Thus all investors are 100% sure that pakistan will go back to rupee subsidiy and default by 2027-28
This is good news for me and overseas RICH pakistanis like me



PS
Average pakistani income is around 30-40k per year for people like us its about half a million$

 

[ARMalik]

Come on Fellows, the US Dollar is THE PONZI SCHEME !! Country USA which can print trillions of dollars out of its arse is nothing BUT A PONZI SCHEME !!!

The question is WHY DO ALL THESE IDIOTS IN THE REST OF THE WORLD WANT TO DIE FOR THIS US CURRENCY PRINTED ON TOILET PAPER??? Because these people are also IN THIS PONZI SCHEME !! It is all a big fat Fraud . The only real thing is the GOLD.

 

[ziaulislam]

Come on Fellows, the US Dollar is THE PONZI SCHEME !! Country USA which can print trillions of dollars out of its arse is nothing BUT A PONZI SCHEME !!!

The question is WHY DO ALL THESE IDIOTS IN THE REST OF THE WORLD WANT TO DIE FOR THIS US CURRENCY PRINTED ON TOILET PAPER??? Because these people are also IN THIS PONZI SCHEME !! It is all a big fat Fraud . The only real thing is the GOLD.

Correct but people trust USA wouldnt do it

As stated before USA can never default on its own loans..

We think we can do the same(and frankly we have been doing so on out local loans for decades) but we arent USA..only USA is USA

 

[nahtanbob]

Correct but people trust USA wouldnt do it

As stated before USA can never default on its own loans..

We think we can do the same(and frankly we have been doing so on out local loans for decades) but we arent USA..only USA is USA

For starters why don't you Pakistanis cut off your exports and remittances from USA ? See where you go
You can ask your brother in arms China to do the same and see where their economy goes

 

[blueazure]

For starters why don't you Pakistanis cut off your exports and remittances from USA ? See where you go
You can ask your brother in arms China to do the same and see where their economy goes

go away fake INDIAN

 

[ziaulislam]

For starters why don't you Pakistanis cut off your exports and remittances from USA ? See where you go
You can ask your brother in arms China to do the same and see where their economy goes

Why dont you/me/we cut off your imports from china?

Such shame we are dependent upon china? Donald was right we need to make america great again

Now forget about pakistan..who the **** cares about a tiny punny nation like pakistan

go away fake INDIAN

He is probably a fustrated h1b worker form the tone

Decades of legislation failure means he is still stuck at h1b due to indian orgin..good for paksitanis we breeze to greencard hahaha

 

[nahtanbob]

Why dont you/me/we cut off your imports from china?

Such shame we are dependent upon china? Donald was right we need to make america great again

you are the one whining about the ponzi scheme. you are right about it. the big difference is that no one can ignore the ponzi scheme unless you want to pull a juche ideology, we all know how much pakistanis like eating grass

 

[AZADPAKISTAN2009]

Subsidy is not Ponzy Scheme


Example 1
"A Subsidy" implemented in farming , reduces the initial cost for farmers , which results them being able to buy better seed and fertilizers for their land it increases food production. There is no return on investment here. Food produced is sold in market , Agricultural Tax is paid to government, in Pakistan's case that Tax is not collected"


Example 2
"A subsidy on Machinery cost (one time) results in Agricultural process to be modernized with Machinery increasing production and productivity by x1000 percent . Machinery can do work of 8 workers so you don't have to pay salaries for manual labour




Ponzy Scheme

"Nawaz Sharif , enables the Loan program for Yellow Cab , it results in sales of lot's of Taxies , it employs many youth temporarily for 4-5 years. When many people take loans , they forget chasing real jobs in office. However with large % of people driving taxi , the profits are lower and eventually after 5 years the cars start to break down so the people who took the loans they loose money. They also can't repair the aging Taxi. Now the banks which loaned this money also happen to collapse financially, and then these banks are bought by friends of Nawaz Sharif "