Economic Bullshit

[VCheng]

Hey I have no knowledge or opinion of Pakistani economic affairs.
I just know the other guy always does and was just going to alert him to this thread.

It does not take but an elementary knowledge to see what socioeconomic problems would be caused in a country with a 3% population growth rate, a 7% urbanization rate, a 10% increase in energy demand rate, but an annual growth rate of 4 to 5%, in rough figures, over decades.

 

[haviZsultan]

Really? Is this your pathetic argument? Please do not bother addressing me ever again. Goodbye.

(I would report this except those running this forum are in the same mental gutter as you are, right up to @WebMaster .)



Sir, the best way to honor the motherland is to be honest. And I seem to be in a minority here still capable of being honest. Go back read your own words about me and see how it is not the topic here at all, but only a personal attack. Just like Kaptan's childish diatribe above. And this is the standard of TT's here.



It does not matter what the world sees, as long as the people themselves are kept in a state of accepting their condition as being the best in the region or the world. See North Korea as an example and draw the frightening parallels there as well. The arguments being put forth are nothing more than that.

You are being childish and taking things personally, friend. I have nothing against you. Since you are hurt every time someone mentions our traitorous ally, America, I think it is not wise debating with a confused person like you who doesn't recognize the land he is from.

I did criticize you for forgetting your land but did not abuse you. You are very sentimental here. I suggest you also read Kaptaans post carefully. Nothing is forever in this world, even baba America. You are arguing on nominal issues. Patriotism isn't just our basic right, it is a duty for Pakistanis. Those who forget who they are, are the worst of the worst.

And why are you blaming @WebMaster here. Aren't Pakistanis who abuse the rules equally treated to Indian trolls. Go anywhere, you will find this the best forum, it even tolerates total cynics like you.

 

[VCheng]

It does not take but an elementary knowledge to see what socioeconomic problems would be caused in a country with a 3% population growth rate, a 7% urbanization rate, a 10% increase in energy demand rate, but an annual growth rate of 4 to 5%, in rough figures, over decades.

Perhaps it is easier to convert those percentage into doubling times to appreciate Pakistan's economic problems.

 

[Verve]

Pakistan-is-Doomed-Preacher/Monster/Liberal/Hater is at it again, as usual. Stupid coconut!

Good to read him being put in his place.

 

[Winchester]

So satisfying to see the resident bot being humiliated.

 

[bananarepublic]

That's merely your opinion, which no one cares for. Also keep in mind that Pakistan is ethnically distinct from most of India and other South Asian nations:

View attachment 381778




No it's not. Try doing even a little bit of research.

India's population (including its Muslim population) is growing more slowly than Pakistan's. And therefore, the gap between the Muslim populations of the two countries will only grow, not shrink. India's Muslim population will never be as large as Pakistan's ever again.

As per my understanding the diversity in our nations combined with the our religion which preaches equality among all classes and races makes us stronger than those countries which have only one ethnicity

 

[LA se Karachi]

As per my understanding the diversity in our nations combined with the our religion which preaches equality among all classes and races makes us stronger than those countries which have only one ethnicity

Absolutely. I couldn't have said it better myself.

 

[VCheng]

It does not take but an elementary knowledge to see what socioeconomic problems would be caused in a country with a 3% population growth rate, a 7% urbanization rate, a 10% increase in energy demand rate, but an annual growth rate of 4 to 5%, in rough figures, over decades.

For those wondering about converting annual rates into doubling times, the Rule of 72 is a good thing to know:

https://betterexplained.com/articles/the-rule-of-72/

 

[Rafael]

A country does not need any reason to exist other than exist. You exist, Did you ever ask your parents why you came about? Maybe that night your dad got hot and did it. That might be the simple reason why you exist. Maybe you were a accident. Maybe you were not. But you exist and that is what matters in 2017.

And tell me what theory did America come about on? Taxation? Boston tea Party? Every country on earth has come about through some historical accident - just like you have. In America how many have divorced parents? Does it follow that they should not exist because the basis on which they came about (marriage) has broken down? Or a American born as result of quick nity shifty behind the bar walk around busting himself that why he was born or drawing some value on himself from the manner he was spawned?

If you had it your way you would be going around and asking all the American's with divorced parents "Did the love survive"?

That was fantastic sir. For a change my friend here has got his match.

 

[RescueRanger]

Someone on this thread said that sometimes hope can lead to disillusion. Look at this man in Syria, this is the power of HOPE!

 

[sparten]

@Syed.Ali.Haider read Shahid Javed Burki, a far more prominent and noted economist. He thinks that official figures are bullshit.......... in actuality the economy is much bigger. https://tribune.com.pk/story/1346902/real-size-pakistans-gross-domestic-product/

Some of what the OP article has written is so mind numbingly stupid, that it scarcely qualifies as the work of an "economist". Pakistan's Per capita rate is below poverty for the US? Yeah true. In the same way humans weigh 1/6 on the moon than on Earth. Fucking irrelevant comparison since money is the means to an end, not an end in itself. The question is whether the per capita income permits a person to buy sufficient goods and services to survive (above poverty line) and or have disposable income (Middle Class essentially) in the place s/he is living.

The idiot (and his mindless Indian cheerleaders on this thread) fails to appreciate that the basics of survival and everyday goods are a lot cheaper in Pakistan (and India) than the US or Europe.

 

[VCheng]

@Syed.Ali.Haider read Shahid Javed Burki, a far more prominent and noted economist. He thinks that official figures are bullshit.......... in actuality the economy is much bigger. https://tribune.com.pk/story/1346902/real-size-pakistans-gross-domestic-product/

Some of what the OP article has written is so mind numbingly stupid, that it scarcely qualifies as the work of an "economist". Pakistan's Per capita rate is below poverty for the US? Yeah true. In the same way humans weigh 1/6 on the moon than on Earth. Fucking irrelevant comparison since money is the means to an end, not an end in itself. The question is whether the per capita income permits a person to buy sufficient goods and services to survive (above poverty line) and or have disposable income (Middle Class essentially) in the place s/he is living.

The idiot (and his mindless Indian cheerleaders on this thread) fails to appreciate that the basics of survival and everyday goods are a lot cheaper in Pakistan (and India) than the US or Europe.

Burki is correct in saying that the true size of the economy is larger than official figures. However, since the undocumented economy does not figure in regular revenue generation (other than indirect taxation), its effects can only be estimated, not relied upon. In any case, the true picture of Pakistan's economy is much more complicated that the rosy picture often painted by official figures. For example, there are many estimates of drug money participating in the undocumented Pakistani economy, with huge money laundering operations based in Dubai and elsewhere.

Even taking such factors into account, the posts I made above about doubling times of various aspects still remains valid.

 

[SBD-3]

Consider several examples in comparison with Pakistan (population 200 million, income per capita $5,100). Singapore, with scarcely any natural resources, has a population of 5.8 million (less than that of Faisalabad) and a per capita income of $87,100. Ask how Singapore’s economy skyrocketed with a middle class that could not have exceeded 5.8 million?

It happens often when your talk about other economies without understanding their economic dynamics. Singaporean economy has been helped by two major factors.
1) Being at the tip of all important Strait of Malacca (which itself carries around 25% of total world trade and almost an exclusive trade channel for East Asia). Port of Singapore is world's busiest transshipment port which handled about 1.15 Billion Tonnes of cargo ( vs only 46 Million Tonnes by Karachi port). And by this very virtue, the Singapore has the highest Trade to GDP ratio of 400%.
2) Being the centerpiece of world's busiest trade route, Singapore developed into a major hub of re-exports to East Asia. About a half of Singapore's exports to other countries are, in fact, re-exports. Singapore's industrial area and refineries take in the raw produce imported by the countries and export them to the region after refining and value addition. And by this very virtue, the Singapore was able to capitalize and develop a regional financial hub over being a regional trade hub.
Singapore is a case for trade rich economy.

Or consider the tiny populations of Dubai and Abu Dhabi which have boomed in front of our eyes.

Dubai pretty much followed the pursuit of Singapore by attempting to develop into a regional transit hub. Dubai has been serious about developing Jabel'e Ali port. Not to mention the emirate being the second largest oil producer in UAE after Abu Dhabi. If Abu Dhabi and Dubai are considered, then there are Emirates like Shahrja, Ajman, UQ, Fujaira and Ras ul Khaima which represent a sharp contrast to the economy in earlier two emirates.