Viper0011.
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And then we wonder where the funding for our terrorists come from
....I have NO idea what your post means. We were talking about investment in Pakistan....and that the current government has done a good job in selling Pakistani market to other countries. Like Indian PM Rao and Singh did, starting in 90's till a few years ago. You took ONE line from my entire post and twisted it into a whole different topic. What does an economic / national debt related post has to do with terrorism funding???
Also, you should ask IK and the previous military generals where the terrorist funding came from......IK stood up for Talibans (many times) and against drone attacks multiple times, which your own military covertly supports......and your X-military generals supported these same terrorists as "strategic depth". I am more than positive, you'll find the source of financing if you tap into the network of Gen. Hamid Gull and the likes!! By the way, the topic of this thread was related to the economy, debt and financing. You should open up another thread on terrorism and we can discuss this there.
Yeah I put it in someone's hole.
Which part of this holy earth have you studied this pathetic economics from? Tell me about a single institution in this world which teaches you that increase in debt is good for the economy? From a NAWAZ SHAFIF ECONOMIC INSTITUTION??
Show me a single country which has developed itself on acquiring massive amount of debts and that too external debts???
Do you even know how much interest we are paying on it?? In billions or may be a little shy of a billion?? And that $75 billions? Are you for real??? I can bet on you that even after 3 years we would still be crying for these 75 billions. This incompetent government cant even fix power problems and you are jumping gagga about the 70 billions.
If you look across Pakistan and the massive scale of projects being implemented, which, upon completion, will bring about serious economic growth, stability, and will end power outages, create millions of long term jobs, etc, you'll realize that a poor country like Pakistan, with a handy capped economy can't do much on its own. So you have to borrow. In fact, all big economies at some point borrow a lot. Managed credit properly, its a great resource to bring about strong economic change in the environment.
I guess many of you would rather stay in the dark age without electricity and economic strength because you hate the current government due to personal reasons. And that personal bias is so strong, that it puts the entire country's needs and interest behind. You guys falsely accuse the current leadership team of everything wrong and have no appreciation of anything being done. Typical negative Pakistani mentality, unfortunately. Which is why you are so behind. You are not going to learn to play as a team for your country and that would damaged your country more in the long run.
During the national debt crisis in the United States, that started a few years ago and pretty much finally ended or slowed down last year, the CBO (Congressional Budget Office) projected that the federal debt will reach roughly70% of the GDP of the US. In 2008, the debt was around 40 percent of US national output. The usual average used to be 25-37%.
Why did the debt get so high outside of traditional big government plans that the Dems bring to the table? The money was used to help start many large infrastructure and other projects, like the Shale Energy, Healthcare related reimbursements, Alternative Energy, bringing back Manufacturing to the US,..just to name a few. Aid and reimbursements like these, help kick off more research, development and implementation of projects across the US, resulting in more jobs, economic growth, etc. If managed properly, more jobs means more taxes and more taxes mean more money available to the government long term to pay off their debt and expand the economy.
But in the short term, everyone knowing a little bit about the slowed down state of the US economy, was worried like hell. Every day we used to talk about how the US owed China a trillion dollars. But all that is part of past and the US economy since last year, has grown significantly.