What's new

Economic Bloodbath on a Colossal Scale?

Nilgiri

BANNED
Aug 4, 2015
24,855
81
46,875
Country
India
Location
Canada
mkt cap of PSX is 40bn USD as we speak

not sure how its negligible ,,
Well it dropped from 100 billion to 40 billion quite quickly (mostly from the depreciation of PKR)...that is a precipitous drop...given pakistan foreign debt (now piled to more than 100 billion itself) is payable in USD....not PKR.

100 billion already was not really big enough given Pakistan's population...though it was something and could be grown with right policies implemented before. Now 60% essentially got wiped away as far as USD valuation is concerned.

@ziaulislam is correct....40 billion for 200+ million ppl and pressing economic requirements is near negligible. For developing country the target really should be to have market cap at least 50% of GDP and preferably close to 100% so you are adequately leveraged in theory over a year.
 

blueazure

FULL MEMBER
May 29, 2015
1,394
0
2,019
Country
Pakistan
Location
Pakistan
Well it dropped from 100 billion to 40 billion quite quickly (mostly from the depreciation of PKR)...that is a precipitous drop...given pakistan foreign debt (now piled to more than 100 billion itself) is payable in USD....not PKR.

100 billion already was not really big enough given Pakistan's population...though it was something and could be grown with right policies implemented before. Now 60% essentially got wiped away as far as USD valuation is concerned.

@ziaulislam is correct....40 billion for 200+ million ppl and pressing economic requirements is near negligible. For developing country the target really should be to have market cap at least 50% of GDP and preferably close to 100% so you are adequately leveraged in theory over a year.

how are the bank runs coming in india ?
 

blueazure

FULL MEMBER
May 29, 2015
1,394
0
2,019
Country
Pakistan
Location
Pakistan
Reasons good past pmln performance

2013 PAK reserves $24B
2018 PAK Reserves $9B
2013 PAK External Debt $58B
2018 PAK External Debt $100B
2018 Current account deficit $20B

you will still blame PML N after this govt completes 5 years ? ???
 

AZ1

SENIOR MEMBER
Jul 25, 2017
6,784
-2
6,699
Country
Pakistan
Location
Pakistan
you will still blame PML N after this govt completes 5 years ? ???
pakistan will never comeout from debt trap because of nawaz and zardari. $92 billion is huge loan even pmln member said in assembly that we will keep paying back so let me ask you this how we will generate $92 billion to pay back.
 

Jugger

SENIOR MEMBER
Nov 17, 2016
3,258
-9
2,976
Country
India
Location
France
pakistan will never comeout from debt trap because of nawaz and zardari. $92 billion is huge loan even pmln member said in assembly that we will keep paying back so let me ask you this how we will generate $92 billion to pay back.
Sell something that someone wants, and you earn their money as foreign reserves.
But Pakistan does not have much goods and services to give..!!!
 

Sudarshan

FULL MEMBER
Jul 26, 2021
704
-1
566
Country
India
Location
Nepal
Sell something that someone wants, and you earn their money as foreign reserves.
But Pakistan does not have much goods and services to give..!!!
Pakistan has not improved it’s ECI, still is textile dependent, and textiles they produce use imported cotton a big scale.
 

ziaulislam

ELITE MEMBER
Apr 22, 2010
15,850
10
15,273
Country
Pakistan
Location
United States
pakistan will never comeout from debt trap because of nawaz and zardari. $92 billion is huge loan even pmln member said in assembly that we will keep paying back so let me ask you this how we will generate $92 billion to pay back.
92b$ is nothing
Debt isnt an issue for pakistan
Its short term fiscal mismanagement and lack of reforms that we are afraid to takw because of fear of instability that such reforms will bring
For example we want to document and tax the middle men in one industry they do strike and we say yes..
Look at chinese how they do reforms
 

AZ1

SENIOR MEMBER
Jul 25, 2017
6,784
-2
6,699
Country
Pakistan
Location
Pakistan
92b$ is nothing
Debt isnt an issue for pakistan
Its short term fiscal mismanagement and lack of reforms that we are afraid to takw because of fear of instability that such reforms will bring
For example we want to document and tax the middle men in one industry they do strike and we say yes..
Look at chinese how they do reforms
For Pakistan even $5 billion is everything. Remember we took $5 billion from IMF and it costs us arms and leg. Every single billion is a huge task for Pakistan. We are not exporting country having few things to export and all import.

And this nation wants everything for free no matter how/where they get it simple is that. No one can change pakistan and default will come sooner or later. We would have default in 2000 if it wasn't for musharraf.
 

crigar

FULL MEMBER
Feb 2, 2019
182
0
403
Country
Pakistan
Location
Pakistan
There is no comparison between PMLN and PTI in my view. One prefers experience and continuity and the other change and new form of governance. Some view we should not go for chop and change and experimentation all the time. No matter what, a sizeable chunk of our populace hated both PPP and Pmln mainly because of their mutual mudslinging and never voted. PTI has brought that populace into the arena kudos to them. I still feel they need a lot of time to gain experience in parliamentary affairs,governess matters,financial managements,legislations and implementation strategies. With the current helm of affairs folks have started to glare at the past fondly!!!

does nawaz sharif even know the spelling of economics? this single-digit IQ degenerate is solely responsible for the situation we are in right now. Imran Khan is not a magician and to change or bring reform you need a party like the Chinese CPC. otherwise, reforms go slow in countries like Pakistan.
 

Users Who Are Viewing This Thread (Total: 2, Members: 0, Guests: 2)


Top Bottom