Very sad situation in pakistan due to inflation

[nahtanbob]

Corruption is the only factor

Remove corruption everything else will get better be it power sector issues or lack of taxation

The problem in corruption sector is while other countries corruption is thought to be bad in Pakistan it's considered cool and sawab ka kam..the more you are corrupt the better you are


Remember IK isn't now popular because of his stance on corruption he is popular because of inflation and poor management by PDM.

No one in Pakistan cares about corruption

Do you want to create 4 million jobs every year or 2 million jobs every year ? Which is easy ?

On a empirical note China did not take off until their population growth was controlled

 

[Kaniska]

Sometimes I wonder, is it really Pakistan's situation so bad or only PDF is biased to such an extent that it is being presented about your own nation in such a way.

In general, most of the world's economies are not doing so great since COVID. Globally most of the world's economies are not doing well. Even last year, Srilanka was in a very bad situation but they are on the path of recovery..At least Pakistan is not in such kind of worst situation till now. Even your friend Turkey has very high inflation and their currency is getting devalued for a couple of years, but they are not in such a doom and gloom scenario in the way Pakistani people are presenting themselves in the media.

One thing is for sure, corruption is a factor that hinders the growth of a nation. But does that mean, all the western nations and their leaders are not all very clean and noncorrupt?

It would be great to see if any knowledgeable member can really contribute to the economical situation and the patch forward by adhering to the data wrt to the economy only.

I was listening to one of the vlogs of Ejaz Haider and Moeed Yusuf in Youtube. He nicely articulated his thought process without getting into the nitty gritty of the political angle.

 

[FuturePAF]

Sometimes I wonder, is it really Pakistan's situation so bad or only PDF is biased to such an extent that it is being presented about your own nation in such a way.

In general, most of the world's economies are not doing so great since COVID. Globally most of the world's economies are not doing well. Even last year, Srilanka was in a very bad situation but they are on the path of recovery..At least Pakistan is not in such kind of worst situation till now. Even your friend Turkey has very high inflation and their currency is getting devalued for a couple of years, but they are not in such a doom and gloom scenario in the way Pakistani people are presenting themselves in the media.

One thing is for sure, corruption is a factor that hinders the growth of a nation. But does that mean, all the western nations and their leaders are not all very clean and noncorrupt?

It would be great to see if any knowledgeable member can really contribute to the economical situation and the patch forward by adhering to the data wrt to the economy only.

I was listening to one of the vlogs of Ejaz Haider and Moeed Yusuf in Youtube. He nicely articulated his thought process without getting into the nitty gritty of the political angle.

Pakistan has similar problems to a Latin American or African country. With those kind of headwinds, growth and human development is stunted.

Like the Spanish in Latin America that transferred power to local elites who maintained a system similar to what the Spanish had established. The British did something similar to local elites in Pakistan. The French did something similar in Africa.

The British and the French colonized in a different way in areas their descendants made up the majority of the settler population. Even in present day US, the inequality of the treatment of African Americans won’t be treatment of white Americans created severe inequality that’s causes many regions to be less productive them other regions.

The effort to keep inequality low in India under congress rule from independence till the 90s “primed the pump” for the economic grow India saw in the last three decades. But, the severe inequality now in India limits the potential of the Indian masses, especially the middle class. China has done better in this regard; inequality seems less pronounced, but maybe a lot of that is debt fueled.

 

[Signalian]

Because the Elite in Pakistan are at the end scum. Every country has elite - the US, Europe, India and so on - but a healthy percentage of them in those countries contribute back to society in terms of finding long term projects - cure a disease, create a technology company, advance education and so on. They understand that by having a thriving system they will themselves prosper.

That percentage in Pakistan is technically non existent. They are so self centered and apathetic to the country that other than idiotically thinking they are tricking Allah into some bargain by paying for langar or building a mosque now and then that they have no interest other than hoarding wealth by cannibalism of the country instead of cultivating it.

When we as expats were given any choice to invest. Any fellow in Pakistan would be asked to go and have a look at property scenario in Pakistan. Too many fraudster societies out there. It filtered down to Bahria and DHA, then others like Abdalian society etc, basically the ones in which people are well known. Property investment was considered safe.

The entrepreneur side of things were considered risky, and also requiring too much effort. Many had plans, we have money, we will do this, so that, but in the end the only safe bet was to buy a plot.

We can blame the elite, but when you see the line at Tim Hortons, it’s clear that elite were not there. The elite had their coffees and donuts delivered to them. It was the public standing in line with money in their pockets. Elites don’t stand in lines.

Public had money but you can’t expect the elite to guide them what to do. In fact in these times, everyone thinks of themselves as Einstein’s who know what’s best for them and will listen to an advice/suggestion from one ear and throw out from other.

Still there were start ups in different sectors like digitise media, e commerce, coding etc however the land of opportunity is seen as the west. Those who want to fight the inflation leave for gulf.

In the industrial side of things, some still managed through power options like solar and generators but eventually these temporary solutions are not long term. Sialkot and faisalabad didn’t become industrial hubs from cottage factories.

We can blame the elite for setting trends, but the public managed to become influencers on tik tok. There are still projects by dare devils in Pakistan but they tend to fight the system and inching forward becomes an ordeal.

My concern stands at R&D and technological advancement which soar through universities and organisations whether private or public, but investment to produce a niche or a top level product are non existent. Pakistan is stuck at Chinese mobiles, while Samsung is out there beating Nokia, Motorola and Siemens while competing directly against iPhone. It’s the clothes or basic items with tags made in Pakistan.

 

[SQ8]

When we as expats were given any choice to invest. Any fellow in Pakistan would be asked to go and have a look at property scenario in Pakistan. Too many fraudster societies out there. It filtered down to Bahria and DHA, then others like Abdalian society etc, basically the ones in which people are well known. Property investment was considered safe.

The entrepreneur side of things were considered risky, and also requiring too much effort. Many had plans, we have money, we will do this, so that, but in the end the only safe bet was to buy a plot.

We can blame the elite, but when you see the line at Tim Hortons, it’s clear that elite were not there. The elite had their coffees and donuts delivered to them. It was the public standing in line with money in their pockets. Elites don’t stand in lines.

Public had money but you can’t expect the elite to guide them what to do. In fact in these times, everyone thinks of themselves as Einstein’s who know what’s best for them and will listen to an advice/suggestion from one ear and throw out from other.

Still there were start ups in different sectors like digitise media, e commerce, coding etc however the land of opportunity is seen as the west. Those who want to fight the inflation leave for gulf.

In the industrial side of things, some still managed through power options like solar and generators but eventually these temporary solutions are not long term. Sialkot and faisalabad didn’t become industrial hubs from cottage factories.

We can blame the elite for setting trends, but the public managed to become influencers on tik tok. There are still projects by dare devils in Pakistan but they tend to fight the system and inching forward becomes an ordeal.

My concern stands at R&D and technological advancement which soar through universities and organisations whether private or public, but investment to produce a niche or a top level product are non existent. Pakistan is stuck at Chinese mobiles, while Samsung is out there beating Nokia, Motorola and Siemens while competing directly against iPhone. It’s the clothes or basic items with tags made in Pakistan.

That is the situation - the Tim Hortons line is your educated middle class living off their grandparents home.

The elite in any country develop a trend - the educated middle class runs the country and creates change. I agree with Hoodboy on this , most experts and research in Pakistan are just a facade

 

[Mustang125]

https://twitter.com/x/status/1631312627144990720

We should all help people in pakistan in whatever way can please.

Anyway we can find out this gentleman’s name or whereabouts as I would like to support him financially. As a father myself this is heartbreaking. I know what he is going through, eve though I am well off now Alhumdulillah but I have seen some very dark times myself.

 

[AZADPAKISTAN2009]

Election is due , once election happen , PTI will solve problem
Ensure go out and vote on Election Day

No point to send donation or handouts regularly

I have already sent help to 2 relatives


Why are people watching PSL and enjoying life ? Go prepare for Elections
When I see people enjoying cricket in this delicate time I wonder wow what is the priority for people

Cricket or your Freedom

 

[Signalian]

Yeah through one Gen. Kiyani's and one Gen. Mushy's patronage was this real estate monster unleashed on Pakistan.

Yeah those were good days, not the best. Many Pakistanis capitalised on the opportunity and became property owners from nothing. Riaz Malik popped up at the same time, but the general public was buying and selling plots on profits. Property dealers became rich and jumped from cd70 to XLi. Banks started giving loans and mortgages. People would buy new cars and put on rent till lease end. Those who flipped properties made millions within months. Many got into construction business selling 5 Marla to 18-20 Marla houses.

It was a time of opportunity and many people capitalised on it to upgrade their lifestyles and make assets. But that was it. Jumping on opportunity to get rich. The technological side didn’t grow at that exponential rate which is what I pointed out.

 

[SaadH]

Do you want to create 4 million jobs every year or 2 million jobs every year ? Which is easy ?

On a empirical note China did not take off until their population growth was controlled

By that paradigm India will never take off

 

[fisher1]

Sometimes I wonder, is it really Pakistan's situation so bad or only PDF is biased to such an extent that it is being presented about your own nation in such a way.

This forum isn’t representative of what situation in Pakistan is actually like. This is why this forum curses Pakistanis for not sacrificing their lives to start riots to bring PTI back to power.

 

[Super Falcon]

Jo qoum haq ka lia mahi uth ti yaka yahi hota ha

 

[nahtanbob]

By that paradigm India will never take off

That is a distinct possibility in the sense - India GDP might keep growing but the quality of life will be a shitty third worldish for significant section of the population

Let me ask you a question, has Pakistan been a failure or a success story?

Can you mention a single country in the world with the potential of Pakistan, geographic location, resources, first and foremost people (which is the most important resource), a population of 230 million, that has such a weak economy and so little to show for it?

A lot of countries have underperformed - Philippines, Nigeria, Myanmar . In Pakistan's case the fight with India has not helped.

 

[Baburfromsarmarkand]

sad man

Pakistan has similar problems to a Latin American or African country. With those kind of headwinds, growth and human development is stunted.

Like the Spanish in Latin America that transferred power to local elites who maintained a system similar to what the Spanish had established. The British did something similar to local elites in Pakistan. The French did something similar in Africa.

The British and the French colonized in a different way in areas their descendants made up the majority of the settler population. Even in present day US, the inequality of the treatment of African Americans won’t be treatment of white Americans created severe inequality that’s causes many regions to be less productive them other regions.

The effort to keep inequality low in India under congress rule from independence till the 90s “primed the pump” for the economic grow India saw in the last three decades. But, the severe inequality now in India limits the potential of the Indian masses, especially the middle class. China has done better in this regard; inequality seems less pronounced, but maybe a lot of that is debt fueled.

How come this didn't apply to Singapore or HK? Hexk even Malaysia or Singapore for that matter

 

[BamsiBey]

Not shocking at all. Instead there must be 1 child policy on war footing. Pakistan's population rate is the highest if not one of the highest in the world. Hand out free condoms it will give a better long term return lol or give a tax break to those who will follow this policy

Absolutely rubbish.

Both one and two child policies failed miserably all across the world. China even abandoned it.

UN based Scientific research states average family size HAS to be greater than 3 kids in a family in order for a country to sustain a healthy economic growth.

The Quranic teachings encourage us to have bigger families, more kids, in fact kids are considered RIZQ.

Its not a one child policy that causes lack of resources, rather it is unequal distribution of wealth in society that causes all sorts of disparities.

Economic inequalities usually result from institutionalized social and political injustice. Pakistan is a perfect example, where very few people pay taxes due to corrupt elite capture of the state institutions.

 

[nahtanbob]

sad man

How come this didn't apply to Singapore or HK? Hexk even Malaysia or Singapore for that matter

Chinese