India becomes world's 5th largest military spender, Pakistan not in the top 15 list

[Chhatrapati]

Well most of the economists likes to contradict with you ... even as per world back post 2050 US will be behind India ... as per PWC US is expected to become worlds second economy by end of 2030 ...
http://uk.businessinsider.com/ranke...mies-in-2030-2017-2/#4-japan-5606-trillion-29

You indians are so much blinded by hatred of Pakistanies that rather than understanding the argument and discussing based on facts and asking for sources starts spitting filth ...

However, its not my pipe dream its pipe dream of pwc and maney more world leading economic think tanks ... but from your answere that you dont understand even E of economics ...

Dude you are delutional. Did I say anything about Pakistan?
In 2050 US may be GDP wise behind India and China I'm not sure though. These datas are extrapolations.
But the clout it holds over the world cannot be outmatched. I don't wanna assume too much about the things that will happen in 2050.
I'm not an economist. Rather I read enough to understand the difference between hard power and soft power. And why US is as it is now.

If you have no Idea why US is so powerful. I will give you the reason why I said US is powerful and cannot be outmatched
1. It is third largest country in the world and third most populous country.
2.It's geographical location is far from any of the conflict zones. Be it Arabian peninsula or Asia.
3. US is self sufficient even China is not self sufficient. It has water, It has Minerals, massive Agricultural land because of low population density and it has most of all oil. It has mineral rich ally as neighbor (Canada).
4. UN headquarters is in New York. Including the UN security council.
5. US has at least 250 years of history of democracy. The money they have is hard earned. Not some aid.
6. US holds the largest Gold reserve which is 8 times that of China
Last but not least, brain drain has helped US. Living their American dream, which might look a bit grim nowadays. But it's still a top spot.

Now let's come to Asia, a.k.a the next leaders of global economy. India has huge population and has many potential to grow but it is stuck with border issues. Which may even lead to a nuclear war. This can make investments difficult.
China has similar situation, it is surrounded by hostile neighbors. SCS will be a potential flash point.
It has a myopic vision on how to treat countries. Either you are with me or against me. No communist country has ever had a sustainable development. may be China is an exception but it is too early to comment. I'm waiting for the day Hong Kong and Taiwan become part of China.
Then the Chance of becoming an economic powerhouse is Nigeria which is way behind.
I hope you understand.

 

[The Accountant]

Dude you are delutional. Did I say anything about Pakistan?
In 2050 US may be GDP wise behind India and China I'm not sure though. These datas are extrapolations.
But the clout it holds over the world cannot be outmatched. I don't wanna assume too much about the things that will happen in 2050.
I'm not an economist. Rather I read enough to understand the difference between hard power and soft power. And why US is as it is now.

If you have no Idea why US is so powerful. I will give you the reason why I said US is powerful and cannot be outmatched
1. It is third largest country in the world and third most populous country.
2.It's geographical location is far from any of the conflict zones. Be it Arabian peninsula or Asia.
3. US is self sufficient even China is not self sufficient. It has water, It has Minerals, massive Agricultural land because of low population density and it has most of all oil. It has mineral rich ally as neighbor (Canada).
4. UN headquarters is in New York. Including the UN security council.
5. US has at least 250 years of history of democracy. The money they have is hard earned. Not some aid.
6. US holds the largest Gold reserve which is 8 times that of China
Last but not least, brain drain has helped US. Living their American dream, which might look a bit grim nowadays. But it's still a top spot.

Now let's come to Asia, a.k.a the next leaders of global economy. India has huge population and has many potential to grow but it is stuck with border issues. Which may even lead to a nuclear war. This can make investments difficult.
China has similar situation, it is surrounded by hostile neighbors. SCS will be a potential flash point.
It has a myopic vision on how to treat countries. Either you are with me or against me. No communist country has ever had a sustainable development. may be China is an exception but it is too early to comment. I'm waiting for the day Hong Kong and Taiwan become part of China.
Then the Chance of becoming an economic powerhouse is Nigeria which is way behind.
I hope you understand.

Now you are talking in a decent manner except for the first sentence ... i hope next time you dont consider anyone dellusional if the person is trying to make his points based on facts and not in wish list ...

I appreciate you provide justifications of your basis of evaluation and now we can discuss some facts ...

Sir let me summarize all of your points into two main points making US sole super power ...
1. It is economic power. World largest economy and hence have alot if resources

2. It is world largest military power and even the next 5 nations combined armed forces might not be able to compete US in terms of technological superiority and even in numbers of advance platforms ... there is no second though about it ...

However, you need to study US history how she accumulates so much wealth and power while other nations and could and would potential impact there will be in case of US not remins the biggest economy ... as such predictions are extrpolations are not by some individual economists but by world most relnown American institutions ...

First of all US witnessed trumendous economic growth during world war 1 and 2 as in both the world wars US was not directly involved and hence when all the major powers of the world shifted all of their resources to war US was serving as world manufacturing hub thus earning enormous wealth ... US direcrly entered into world war 2 towards the end after japan's attack however with tech of that time US mainland was still not touchable and hence US had geniune advantage ...

I would also like to suggest to read history of US dollar as a world reserves currency ... when it was introduced it was a fixed against 1 ounce of fold. If i remember correctly it was 35 US dollar per ounce encashable in gold on demand ... during vutenam war if 1970 US went bank corrupt and US dollar collapsed ... US was about do collapsed economically when they made thw world most clever deal ever with OPEC ... they got a commitment from OPEC that oil will be sold only in dollars and hence created a huge demand for dollars ... now if I want to ourchase oil from Saudia first I have to send goods to US and get some papers from them name as Dollars then from these papers i can purchase oil ... however in financial terms these dollars are liability of government of US ... and hence if US economy slows down and demand for dollar decreases due to any factor than the reverse cycle will start ... if you study US war pattern then you can easily identify that US is so harsh on countries that are willing to sale oil other than US dollar as this area is weak apot for US ... US destroyed Iraq in the name of WMD which were never found ... in libya there was not even allegation of WMD ... interestingly both Iraq and Libya were advocating selling oil for gold and other currencies and similarly iran and syria are of the same opinion ... to cut long story short the current gold reserves of US are huge but are way too smaller in comparison to currency they have printed which is source of economic wealth of US ... US is litterlly using currency as commodity ... however things are changing fast ... US influence is declining in middle east so may be after couple of decades if middle east decides to start selling oil againt any other currency then US dollar will collapse in days ... similarly if China contolling half of world trade moves to another currency then US worth will be lost ...

However for this analysis assume nothing extra ordinary happens still even in that case US economy has stopped expanding as it has reached to uts maximum level ... their cost of proeduction is too high ... in area of tech other countries catching up fast including china india ... so even if things keep on going in similar direction then US economy will not be the top most hence other countries will have similar resoueces jn terms of defence expenses ... this will translate into taking decisions which are against American interest and ultimately economic downfall means US will start loosing influence ...

Now as per my view US last bet is a war between India and China will result in winning trophy for US ... both of the nation projecting to be outperforming US economy fighting will means destroying each other ... even a war between Pakistan and India has a potential of sucking in China ...

Why do you think that after sudden rise of China US become so closed to Russian ally India ? Is it due to democracy ? Common you have to be better than that ... US is orotector of KSA a pure dictator gov ... US wants India and China to fight and to repeat world war like situation where US will be earning from sale of weapons while not involving directly in the conflict ...

There are lot of other aspects of this but in terms of economy US is on declining path and once US economy declines than it will loose influence as resources to keep on incurring expenditure to maintain the influence will also decline ...

Hope you read it from objective point of view ...

Comments are requested from other reputable members @Khafee @araz @Oscar @WAJsal @CriticalThought @Basel @MastanKhan

 

[Hulk]

india should spend much more on its defence.

At least 200 billion a year. After all it is fastest growing economy in the world and soon to be number 3. So 200 bln is peanuts for indians... especially for a global power in the making!


Pakistan is doing some magic here. By spending just under 10 bln it is still able keep indians at bay. How come?


So who have most value for money then? Pak or india?

200 billion maybe after 50 years as of now we are doing almost right amount maybe another 5 billion more. We have to have a balance. We cannot overdo.

 

[CriticalThought]

Now you are talking in a decent manner except for the first sentence ... i hope next time you dont consider anyone dellusional if the person is trying to make his points based on facts and not in wish list ...

I appreciate you provide justifications of your basis of evaluation and now we can discuss some facts ...

Sir let me summarize all of your points into two main points making US sole super power ...
1. It is economic power. World largest economy and hence have alot if resources

2. It is world largest military power and even the next 5 nations combined armed forces might not be able to compete US in terms of technological superiority and even in numbers of advance platforms ... there is no second though about it ...

However, you need to study US history how she accumulates so much wealth and power while other nations and could and would potential impact there will be in case of US not remins the biggest economy ... as such predictions are extrpolations are not by some individual economists but by world most relnown American institutions ...

First of all US witnessed trumendous economic growth during world war 1 and 2 as in both the world wars US was not directly involved and hence when all the major powers of the world shifted all of their resources to war US was serving as world manufacturing hub thus earning enormous wealth ... US direcrly entered into world war 2 towards the end after japan's attack however with tech of that time US mainland was still not touchable and hence US had geniune advantage ...

I would also like to suggest to read history of US dollar as a world reserves currency ... when it was introduced it was a fixed against 1 ounce of fold. If i remember correctly it was 35 US dollar per ounce encashable in gold on demand ... during vutenam war if 1970 US went bank corrupt and US dollar collapsed ... US was about do collapsed economically when they made thw world most clever deal ever with OPEC ... they got a commitment from OPEC that oil will be sold only in dollars and hence created a huge demand for dollars ... now if I want to ourchase oil from Saudia first I have to send goods to US and get some papers from them name as Dollars then from these papers i can purchase oil ... however in financial terms these dollars are liability of government of US ... and hence if US economy slows down and demand for dollar decreases due to any factor than the reverse cycle will start ... if you study US war pattern then you can easily identify that US is so harsh on countries that are willing to sale oil other than US dollar as this area is weak apot for US ... US destroyed Iraq in the name of WMD which were never found ... in libya there was not even allegation of WMD ... interestingly both Iraq and Libya were advocating selling oil for gold and other currencies and similarly iran and syria are of the same opinion ... to cut long story short the current gold reserves of US are huge but are way too smaller in comparison to currency they have printed which is source of economic wealth of US ... US is litterlly using currency as commodity ... however things are changing fast ... US influence is declining in middle east so may be after couple of decades if middle east decides to start selling oil againt any other currency then US dollar will collapse in days ... similarly if China contolling half of world trade moves to another currency then US worth will be lost ...

However for this analysis assume nothing extra ordinary happens still even in that case US economy has stopped expanding as it has reached to uts maximum level ... their cost of proeduction is too high ... in area of tech other countries catching up fast including china india ... so even if things keep on going in similar direction then US economy will not be the top most hence other countries will have similar resoueces jn terms of defence expenses ... this will translate into taking decisions which are against American interest and ultimately economic downfall means US will start loosing influence ...

Now as per my view US last bet is a war between India and China will result in winning trophy for US ... both of the nation projecting to be outperforming US economy fighting will means destroying each other ... even a war between Pakistan and India has a potential of sucking in China ...

Why do you think that after sudden rise of China US become so closed to Russian ally India ? Is it due to democracy ? Common you have to be better than that ... US is orotector of KSA a pure dictator gov ... US wants India and China to fight and to repeat world war like situation where US will be earning from sale of weapons while not involving directly in the conflict ...

There are lot of other aspects of this but in terms of economy US is on declining path and once US economy declines than it will loose influence as resources to keep on incurring expenditure to maintain the influence will also decline ...

Hope you read it from objective point of view ...

Comments are requested from other reputable members @Khafee @araz @Oscar @WAJsal @CriticalThought @Basel @MastanKhan

Biggest source of economic strength for US: the world economy runs on USD and US is in the unique position of needing to create money to keep world economy afloat. The power of USD comes not from America's economic prowess - their interest rates have been sitting near 0 for nearly a decade now - but from America's big stick.

America's undoing can come due to many reasons:

1. Act of God, Allah the Almighty. Severe natural calamities can wipe them off the face of the earth.

2. It will fall prey to its own greatness. And it is happening as we speak. The chinks in US armor: blacks are still considered less than human, poverty and class disparity fueled by latin immigration, the failed drug state of Mexico right next to it. And we can observe degeneracy today in the form of civil liberties stripped away in the name of homeland defence, a president who is openly disrespectful of women, the high handed manner in which the wall Street protests were dealt with.

3. And finally, US involvement in minor conflicts around the world. At this point, all China and Russia have to do is sit back and support ISIS around the world. Every single country where ISIS gains a foothold is one more avenue to make the US spend its efforts. It is death by a thousand cuts. On top of that are problems like North Korea. The US is being sucked into minor conflicts everywhere. And the effects are showing. If the US were not involved in Afghanistan, Syria, Africa, and North Korea, it could have taken a more assertive stance in the SCS issue. Meanwhile its traditional NATO allies are having to deal with homegrown terrorism and an increasingly belligerent Russia.

The next steps will be the conversion of world economy from USD. Nation pairs such as Pak- China and China-Russia could decide to trade in their own currencies. Meanwhile Chinese loans will start to replace IMF and World Bank. And increasingly sophisticated and cheap weapons will mean American monopoly as the provider of world security will erode. Freed from economic enslavement and powered by cheap weapons, countries will become assertive in their dealings with America.

The crazy super power status of America will not last long if the Chinese game goes on.

@wanglaokan

 

[帅的一匹]

If USA elect Hilary Clinton as new president, it will collapse very soon. Very lucky they have Donald trump a pragmatic man with a stinky mouth. I think Donald trump need to readdress his attitude toward Muslim, that's his weakness.

 

[Dungeness]

Indian media should stop using the provocative title like this to arouse the cheap superiority. With the ambition of a superpower, India should not build its confidence by comparing itself to a much smaller neighbor. That is just pathetic.

Besides, a large part of your military budget is spent on foreign weapon acquisitions, and it is really nothing to be proud of.

 

[Jlaw]

Less than 3 times India's defence spending, despite having an economy over 5 times larger?

We are really lagging when it comes to defence spending as a % of GDP. Even worse when it comes to defence spending as a % of the government budget, considering how enormous China's government budget is.

You can't blame anyone but cpc for spending so little on defense.

 

[DJ_Viper]

In summary (Figures for the year 2016)

US: $611 billion
China: $215 billion
India: $55.9 billion
Pakistan: $9.93 billion

I don't get it. Why are you guys so insecure when it comes to these things about Pakistan? I wouldn't even have listed Pakistan here as it doesn't count in terms of dollars, or with the size of the countries or economies you are comparing her to. Its like a guy living on an acre house with 20 family members with 10 cars, constantly comparing himself to the next house built on .25 acres with 5 people and 3 cars in it. What an obsession!

Pakistan's defense budget is estimated to cross Turkey's in 2019-2020, it would be around $ 16-18 billion. Just $ 2 billion cash can buy you MLU'd 80 F-16's, or 60 new JFT block III's, and imagine the punch that they can provide to anyone invading the other one's airspace. So this budget thing is useless as Pakistan is now an emerging market. It'll take three years to nearly double the defense budget.

 

[tw00tw00]

All that money goes to the pockets of foreign weapons suppliers because India's indigenous capabilities are primitive.