The Only Man In Pakistan Who Predicted Indian Economic Crisis With 100% Accuracy

[Tom M]

I wish if one day he can become our finance minister....

Does he look that dumb ?? LOL

I mean he looks a genius and I think he is better off now than dealing with petty politicians.

 

[Crixus]

Buddy if you are serious then let me share with you , why this note ban is good from a person who never studied economics , its India specific such points may not be valid some where else :

1) Fair elections : A lot of such stacked currency notes are used in elections to buy votes distribute liquor , such note ban impact such things , that will lead to the cheap elections .

2) Fake currency : We have a problem of fake currency , which is used in terrorism and drugs ...the Note ban can help in cribbing the fake currency.

3) Poor people in banking system : Due to this note ban a lot of people have opened the bank accounts and become p[art of banking system which push more money in our banking system as of now since 8th more then 150 billion money added in economy.

4) Taxation system : Govt has generated more tax then previous govt we have just 10 million tax payers while atleast 200 million can pay taxes. which will lead to low taxes

5) Impact on corruption : We have a big epidemic of corruption in our country and note ban will defenetly to some extent impact the corruption.

6) Parallel economy : Once we have our money in banking system alot of parallel economy will become part of main economy

We Indians are happy that some one is really trying to improve the system nothing else matters what ever issues this guy has raised we Indians face such issues every day , we are not afraid of standing in queues

I can't wait to see India succeed just 25 more days my friend and your country will be shining once again.


Dude there are people who genuinely want not just India but the whole region to succeed.


It was a legendary smart move by Indian PM.....


I am worried about Pak economy hence advocated a similar demonetization plan...

 

[shah1398]

Does he look that dumb ?? LOL

I mean he looks a genius and I think he is better off now than dealing with petty politicians.

He wasnt dumb enough to leave a bright future for Pakistan and we badly need such honest and bright people. The day people like him will make into Govt means we have got a sincere Govt in place.

 

[Tom M]

RAW would definately present.

Sure, what other work does R&AW have. LOL

 

[shah1398]

Shaukat Aziz was, and he pulled Pakistan out of bankrupcy and set up a sound financial footings to carryon.
Shaukat Aziz will be delivering a short lecture in Zurich this week.
RAW would definately present.

Sorry but I wud disagree with U on that. Shaukat Aziz later joined the international mafia who ll acquire state run entities on petty prices. Just like PML(Q) and MQM, he was one of the worst choices made by then Gen Musharraf.

 

[Jugger]

I wish if one day he can become our finance minister....

You are very emotional, reading a thread about an economist, you wanted to make him your finance minister!
On topic: he has some good points but all that he said is for short duration of maybe 6 months, what if the long term effects are very positive for this move?

 

[ravi gupta]

I can't wait to see India succeed just 25 more days my friend and your country will be shining once again.


Dude there are people who genuinely want not just India but the whole region to succeed.


It was a legendary smart move by Indian PM.....


I am worried about Pak economy hence advocated a similar demonetization plan...

Its need a huge diplomatic and political will to carry out such plan,short term pain is too much but long term gain is also good.

 

[EpiiC]

Its need a huge diplomatic and political will to carry out such plan,short term pain is too much but long term gain is also good.

The pain is only about lining up and standing at ques the gain from this will be huge..... Someone call Nawaz to do the same please.

 

[Kyusuibu Honbu]

What economic crisis are you talking about man?

So many clowns calling doomsday without knowing a thing. This is getting silly now.

Hush!
India is under an economic crisis right now, we are undergoing recession right now.

Our GDP will shrink to $2 billion from $2 trillion in the coming year

We are currently begging the IMF and world bank for bailout like 1991.

 

[AMCA]

I wish if one day he can become our finance minister....

You have no idea how much we agree with you on this.

 

[ravi gupta]

The pain is only about lining up and standing at ques the gain from this will be huge..... Someone call Nawaz to do the same please.

What about his own and family carrying huge cash,his ministers,they will all stop such action.
Other thing need to be consider is you cannot announce in advance such step,
to curb corruption and black money it has to be surprise,if the action is leaked it will dilute the benefits.

 

[AntiToxic]

What economic crisis are you talking about man?

So many clowns calling doomsday without knowing a thing. This is getting silly now.

I am also thinking the same...Economic crisis..???......we clocked 7.1 growth in third quarter.. fourth quarter will be less . may be around 6.8. we have very healthy reserves around 400billions .. FDI will reach record 50billion usd this year. and economy crisis?? its a temporary crash crunch. we will be ok in couple of months.

Pakistan is still hovering around 20usd export and 20usd reserves from last so many years...and they are obsessed with Indian economy ...

 

[EpiiC]

What about his own and family carrying huge cash,his ministers,they will all stop such action.
Other thing need to be consider is you cannot announce in advance such step,
to curb corruption and black money it has to be surprise,if the action is leaked it will dilute the benefits.

I know we need Imran Khan who has spoken about black money and applauded enough for such a move.... Only Imran can do this move.

 

[ravi gupta]

I know we need Imran Khan who has spoken about black money and applauded enough for such a move.... Only Imran can do this move.

First you have to elect him as your PM,Then you have to give him powers,and have to tell your army to do the job which they are suppose to do,i.e defence of the nation and not indulging into politics and day to day running of your country.

 

[EpiiC]

First you have to elect him as your PM,Then you have to give him powers,and have to tell your army to do the job which they are suppose to do,i.e defence of the nation and not indulging into politics and day to day running of your country.

We need your insight in the currency demonetizing thread mate.