Shane
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The exposition of the dimwitted sparrow is complete.
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The exposition of the dimwitted sparrow is complete.
Only an enemy of Pakistan would defend rupees devaluation. And you know who they are.
PTI and its supporters.
These scum would gladly fly to America, England and enjoyed stable currency but preach about devaluation of rupees.
Why?
You're smart enough
DOnt try to put some sense in Khota khor Patawari. He is programmed in such manner. Logic be damned.It was the Scum from PMLN, Miftah Ismael and his business partner Shahid Khaqan who started the Rupee devaluation pit fall from 105 in December 2017 to 124 by June 2018.
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The Dimwitted PMLN Patwaris have no habit of checking up on the claims of their equally dimwitted corrupt leadership.
PTI should actually be accused of following the same path of devaluation that was already adopted by PMLN itself as the way out of its own created economic disaster.
I look at the example of Turkey and Malaysia and i know what i said is right. They've shown it practically how currency overvaluation is bullshit PTI is trying to sell in a fancy wrapper because they've sold us to IMF. Slaves gotta justify their slavery, no?
Turkey was also in economic crisis, in 2005 Turkey had to remove six zeroes from currency (that tells you how down Turkish Lira was). But after that it swallowed pill of tough reforms to fix the economy. While Pakistani prefer easy booster injection in form of loans and aid to get temporary relief instead of taking difficult path to fix the problem. Mindset of Pakistan nation in general is of beggar, they are always begging for freebies, subsidies from government, and to provide this government beg from other countries.
Oh sure, blame the victims instead of the culprits.
After all it's too hard for you Imran Khan slaves to admit that the person you blindly follow is up to no good and it's the poors fault for the state country is in.
Erdogan didn't cry 24/7 how previous government gave him the country in bad condition. He actually took action.
Who is victim? People in general who think begging is their fundamental right and don't care how funds will be arranged to give them charity?
You, yourself manifest the qualities you are accusing others for, and you proved that how close minded you are by admitting that you stopped reading after "because overvaluation makes imports cheap" and didn't even bothered to try to understand the argument. As far as I am concerned, No - I don't follow anyone blindly and politicians will be the last ones whom I will even think to follow. Read and try to understand my signature. Anyway, it doesn't matter clowns call me Patwari, Youthia, Arab slave / hatter, Iran slave / hatter, Libtard, Mullah, Kafir, Qadiani (list of titles I received on PDF is long) - that's because my loyalties are with state of Pakistan not with parties, personalities or other countries and will say what in my understanding is better for Pakistan and there are always people who don't like what I say.
Turkey as nation swallowed the bitter pill to fix their economy, it wasn't that Erdogan single handedly fixed everything without support of people. Turkey would have been in same or even worse situation if the people started screaming for every tough action taken by government to fix economy like Pakistanis.
You're assuming things about Pakistani nation which aren't true.
People voted Imran Khan because he promised no loans, reforms and Riasat e Medina.
What we got was the complete opposite of that and he turned out to be a gigantic liar. He drowned us in loans, he has no interest in reforms and Riasat e Medina is the opposite of Imran Khan words and actions.
Pakistanis didn't want that, Pakistanis would've been glad to suffer economic hardship if they actually saw that Khan was honest but who can trust a liar.
I voted for him before elections and after he made Shobaz PAC chairman, i knew tabdeeli had died.NOw i loathe him because he has taken a Uturn on every single thing he said before elections.
People don't trust Imran Khan anymore save for the rich entitled population, he lost trust of the majority of people when he went to IMF, when he took in PPP dirt etc etc.
So if you want to blame someone, blame the politicians.
By the way, despite Khan's despicable actions and lies, look at what's trending on Twitter. #boycottdollar
How can this "expert" say this. India and Pakistan started with the rupee valued the same from 1947. Today 1 Indian rupee is worth ~ 2.3 Pakistani rupee. How is that undervaluing the Indian rupee ???? If anything it should be Pakistan making all that stuff.
The day the IMF placement at the head of SBP allowed the devaluation of PKR to 150 is the day Pakistan increased it external dollar debt to an PKR equivalent of $4.6 BILLION . That was in a SINGLE 24 HR DAY
Thats more money than Nawaz and Zardari and Dar could conceivably have stolen in 20 years
How can this "expert" say this. India and Pakistan started with the rupee valued the same from 1947. Today 1 Indian rupee is worth ~ 2.3 Pakistani rupee. How is that undervaluing the Indian rupee ???? If anything it should be Pakistan making all that stuff.
I did not bring India into the thread. The "expert" in economic affairs who wrote the oped did. Please try at least to read before hammering away at the keyboard. Many many currencies depreciated against the dollar. The german austrian french currencies historically. Pakistans currency is in free fall and according to the "expert" India makes things and Pakistan does not because Indias currency is cheaper than Pakistans.Don't derail the thread please, topic has absolutely nothing to do with India.
Pakistan's currency is in free fall and according to the "expert" India makes things and Pakistan does not because Indias currency is cheaper than Pakistan's.
Is that true ????
IT is not