Pakistan needs democracy for economic revival

[Edevelop]

Accha bhaijan, we know. Spare us the Shining India lecture

i think you forgot the word they use all the time.
"Incredible" India...

 

[WS-10 Engine]

democracy is a burden and hinderance to growth.

china is succeeding because of chinese socialism, not because of capitalism.
capitalism is why europe and america are failing right now.

 

[Edevelop]

democracy is a burden and hinderance to growth.

china is succeeding because of chinese socialism, not because of capitalism.
capitalism is why europe and america are failing right now.

True and i don't think having just Capitalism is sustainable for long term...
I think a mixed system is ideal.
Canada has both Socialism and Capitalism. There is free health care, retirement plan, unemployment plan, education plan for Universities/colleges, business owned by the govt, i.e Canada post, Go transport, Air Canada etc, and businesses owned by people....

 

[punjabimunda32]

Accha bhaijan, we know. Spare us the Shining India lecture

i am surprised how u guys say pak economy was better than india in 1980-1990 lol

 

[OrionHunter]

http://www.thenews.com.pk/Todays-News-4-98358-Pakistan-needs-democracy-for-economic-revival

Korea, not China, is Pakistan's model for development.

This is blasphemy!!!

 

[punjabimunda32]

democracy is a burden and hinderance to growth.

china is succeeding because of chinese socialism, not because of capitalism.
capitalism is why europe and america are failing right now.

for ur kind information currently china is also following capitalism. all policies of china are now favouring the rich ppl and big buisnesses. all the savings of the ppl hav been completely used up to build empty buildings in china. socialism in china ended decades ago.

 

[WS-10 Engine]

hard reality of today is that indian economy is 12 times the economy of pak. and reason is correct policies.
nominial
india 2.1 trill
pak 200 bill
ppp
india 5.1
pak 450

making correct policies will only help.

atleast 60% of the indian economy is over stated due to debt based consumption. india will have a serious economy correction and this will significantly reduce indian standard of living and economic size. if pakistan had debt based consumption, pakistan could grow 10% too. going into debt to get the gdp number up doesnt mean u are getting richer, u are getting poorer as ur debt is rising faster than growth. debt has to be repaid.

greece had a debt based consumer economy, constantly going into debt to get gdp number up, look where greece is no.

 

[DRaisinHerald]

i am surprised how u guys say pak economy was better than india in 1980-1990 lol

But it was!

Here check this out:
Hindu rate of growth - Wikipedia, the free encyclopedia

Besides this is a thread about Pakistan, not Incredible India

 

[punjabimunda32]

atleast 60% of the indian economy is over stated due to debt based consumption. india will have a serious economy correction and this will significantly reduce indian standard of living and economic size. if pakistan had debt based consumption, pakistan could grow 10% too. going into debt to get the gdp number up doesnt mean u are getting richer, u are getting poorer as ur debt is rising faster than growth. debt has to be repaid.

greece had a debt based consumer economy, constantly going into debt to get gdp number up, look where greece is no.

wooooooww look whose talking abt debt

u really dont want me to show u some stats by all top banks. indian external debt is only 300 bill completely payable by reserves. internal debt is less than a trillion and is invested in highways, real estate and power plants means good investment. u can search up abt chinas bad loans. 60% overstated loll best worlds i ever heard from an economist

But it was!

Here check this out:
Hindu rate of growth - Wikipedia, the free encyclopedia

Besides this is a thread about Pakistan, not Incredible India

this is past live in at atleast present if not future. lets be on topic now.

 

[Edevelop]

But it was!

Here check this out:
Hindu rate of growth - Wikipedia, the free encyclopedia

Besides this is a thread about Pakistan, not Incredible India

Thnx bud for sharing the chart...

 

[WS-10 Engine]

for ur kind information currently china is also following capitalism. all policies of china are now favouring the rich ppl and big buisnesses. all the savings of the ppl hav been completely used up to build empty buildings in china. socialism in china ended decades ago.

china is following the socialism path, everyone in china knows this. china is a socialist market economy. or in other words, socialism with chinese characteristics.
empty buildings? lol believing western and indian media propaganda can sure brainwash the gullibe.
china builds for the future as socialism does, the ends justify the means. china is building 36 million homes for affordable housing for people, thats socialism.
once the cities and buildings are ready, chinese people are allowed to move into them.

ur understanding of the chinese ecomomy is extremely limited, thats because ur indian, ur IQ is 85 thus its difficult to understand china.

 

[Edevelop]

this is past live in at atleast present if not future. lets be on topic now.

Why are you changing topics now, you were the one who was concerned about Pak's economy in the 80-90s...

 

[punjabimunda32]

Thnx bud for sharing the chart...

i would recommend having a look at 2012 charts

Thnx bud for sharing the chart...

i would recommend having a look at 2012 charts

Why are you changing topics now, you were the one who was concerned about Pak's economy in the 80-90s...

screw 1980 lets look at future

 

[Edevelop]

i would recommend having a look at 2012 charts


i would recommend having a look at 2012 charts


screw 1980 lets look at future

Since you were too concerned about Pak's economy of the past, here it was in big picture:

Yes India does have the edge in 2012. But let us see if it can break Pakistan's record of beating India for more than 40 years straight!

 

[WS-10 Engine]

wooooooww look whose talking abt debt

u really dont want me to show u some stats by all top banks. indian external debt is only 300 bill completely payable by reserves. internal debt is less than a trillion and is invested in highways, real estate and power plants means good investment. u can search up abt chinas bad loans. 60% overstated loll best worlds i ever heard from an economist



this is past live in at atleast present if not future. lets be on topic now.

india goes into debt to consume depreciating consumer goods, not invest like build infrastructure and build factories to pay off the debt.
if india consumed based on its savings, then thats healthy, but india goes into debt to consume, india runs a very high budget, and trade deficit and its debt to overstated gdp is close to 70%. the indian banking system is full of bad loans, not only that but most of the debts are off the books.
indian growth is all fluff, going into debt is not growth, debt has to be repaid, the indian currency is collapsing and its inflation is staggering as its not a producer, its a consumer. too much money chasing fewer goods leads to massive inflation and losing faith in holding the rupee