Pakistan's money woes are such a hot topic, coming to Pakistan five years ago everything from the airport to the streets of Lahore seemed different and it seemed like money was being thrown everywhere, on anything. And now, five years later, Pakistan's bankruptcy's such a hot topic even with my gatekeeper passionately discussing it.
I wish we people actually understood the real face of modern economics and how this really works. There was an economic depression about 80 years ago, with stories about how people in Germany who'd worked all their lives to earn enough to buy a house when they retired, couldn't even buy a loaf of bread for that amount of $.
And if you look into it, the general consensus between alot of really smart people seems to be that we're heading into another depression possibly bigger than the last one. That has alot of consequences, with 48 states in the US being on the verge of bankruptcy(most of the world's currencies are based on the US$) and the US economy being in the state that it is, EU member states announcing austerity measures because they can't fund many of their national projects anymore, etc.
One very likely side effect of that would be, that India's new-found wealth would not last very long either. Pakistan was wealthy a few years back, and now it's bankrupt, doesn't take very long. Look at the US now, even they're trying to do all these shifty things to make it seem like they're not sinking deeper and deeper.
Oh and by the way, if any of you want to learn more about this, I recommend this documentary called "Fall of the Republic"(available on google video), and books like "Confessions of an Economic Hitmen" to understand the causes of economic decline and how sometimes they're not entirely natural and inevitable. Or perhaps reading more about Yugoslavia and how prosperous they were(they made their own fighter aircraft) and how quickly their economy crumbled when their provinces fought each other(one of the central tenets of 4th Generation Warfare is to make an enemy fight with itself), because Pakistan's currently in the middle of a 4th Gen war, with all the economic, civil security, fake/imposed leadership, and other trappings that go with it.
I hope this isn't too off-topic, because this does address the "why doesn't Pakistan issue it's own MMRCA tender" question this thread's about.
Cheers
y
