The Failing Economy of Pakistan | Economics Explained

[@EconomicsExplained]

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[@zakirhussainkhokhar5127]

PAKISTAN'S map is misrepresented. Additionally Food crisis happen due to recent flood in the country's rural agricultural land. Standing crop fell.

[@luciferjohnson8495]

The map is incorrect

[@zakirhussainkhokhar5127]

@@muhammadomar1319 PAKISTAN'S map is misrepresented. Additionally Food crisis happened due to recent flood in the country's rural agricultural land. Standing crop fell.

[@zakirhussainkhokhar5127]

Country with lazy and complainants always shrink. Only innovative and of creative mindset prosper.

[@theholiday3836]

Always wanted you to do a video about Pakistan but a bit positive one. But then not much positive things about it

[@taterkaze9428]

Ranking Pakistan slightly above Brazil doesn't make much sense. Brazil doesn't need a bailout, its economy is larger, its per-capita GDP is 5x greater, and it has a well-established industrial base. Perhaps this expresses a flaw in the economic leaderboard concept, that snapshots of national economies taken at different points in time aren't truly comparable.

[@hke.4475]

No Brazil's per capita is 3 timer higher not 5 times

[@svanimation8969]

Even natural resources! Even they have there own good amount of oil + they use 85 % ethnol blend flex engine's

[@whysoserious7553]

Pakistan has been begging since 1947 pakistan doesn't have economy it's been living on foreign aid. Why work when u can beg lol

[@OkarinHououinKyouma]

@@hke.4475 3x is still A LOT

[@gsnayak06]

every one over estimates Pakistans stollen nuclear prowess. Bluff will be called soon and you will see Pakistan align more with Sudan and Afghanistan

[@rakeshv.]

Fun Fact: Not even a single Pakistani prime minister has ever completed their term.

[@zaheerwaqas8760]

Thanks for informing 😂

[@mahdh_]

Sounds like the Defense against the Dark Arts post in Hogwarts

[@rayhankhan8992]

nawaz sharif?

[@sunainamishra3052]

@@rayhankhan8992 no.. even he didn't cover

[@kaafikaandi]

@@mahdh_ 😭😂😭😂

[@midnightflare9879]

I love how even EE points out that the biggest privilege in the world is the ability to be an idiot without financial ruin.

[@JK-mp1mg]

I'd argue that just kicks the can down the road so that future idiots are slightly more punished.

[@someonejustsomeone1469]

Permissive society in a nutshell.

[@fatboyRAY24]

Well if your tail risks are covered then you can act as stupid as you want without risk of ruin.

[@TriNguyen-he7xk]

@@JK-mp1mg source?

[@abellyold4859]

"Luck is a superpower." Quote from Deadpool movie.

[@ishanp2514]

For anyone who is well informed about South Asia, the real question is not what is happening to Pakistan, it is how in the WORLD is Pakistan still going.

[@rahimnawab5991]

I am curious as to why you think that?

[@AKumar-co7oe]

No PM ever completed term, military making economic policy, diapers, cement@@rahimnawab5991

[@NovelTuber]

The country is going on only because it acts as a counterweight to India, whenever Pakistan gets on verge of getting in default USA give it loans to keep it going more, and lately that's been done by China now, the strong military leadership at top has radicalised the population on the basis that India is a threat to them so they have to stay in power, so people are afraid to ever protest against military and even when protests occur military with their guns shut them down. Pakistan exists as long as outer countries keep giving them money, once China or US or any other power loses their interest in Pakistan the economy would collapse and the country will break apart

[@ishanp2514]

@@NovelTuber that is a pretty accurate description of the situation. Also, Pakistan & it’s Military’s disgusting alignment with the US gives the US direct access to Central Asia in return for giving the Pak Military unlimited power to laud over its citizens

[@legendaryhound5261]

​@@NovelTuberabsolutely wrong, Pakistan's economy runs bcz of its black economy which is greater than its formal economy

[@anay5142]

Just watched this episode. All good but it fails to explain the major cause of Pakistan's economic collapse i.e. Corruption at institutional level by military. The reason Pakistan's economy was flourishing till 2018 was because USA was in Afghanistan, and Pak was indirectly getting US dollars for it. As soon as taliban took control and US left Afghanistan, the main source of dollars disappeared overnight, putting pressure on local business to generate revenue especially dollars. As a result forex depleted. Also the rise of security threat from Afghanistan added additional stress on Pakistan.

[@kockorzo]

‘Indirectly getting dollars’, mate what?

[@HiteshBhagatGameTech]

@@kockorzo US of A pumped billions into pak generals and establishment for help in afghanistan. directly in forms of aid etc and indirectly too. unfortunately they took the role of client state for big powers instead of putting a solid feet and foundation decades ago.

[@karthikkr93]

@@kockorzo We paid Pakistan to use their overland routes for supplying our forces and the Afghan forces. Once we left, we had no need to pay for this.

[@sharequsman596]

Actually most of the money was form china at that time

[@007_Sun_Tzu]

Very well compiled comment 👍

[@greenearth9945]

Pakistan being ranked higher than Brazil, Argentina and Turkey doesn't make much sense to be honest. Those countries have much more sophisticated industries, higher GDP per capita, etc.

[@hke.4475]

Turkey currently has a inflation rate of 100%

[@zetaforever4953]

Current situation doesn't matter, the trajectory of the country matters. Turkey has ridiculous levels of inflation and Argentina and Brazil have stagnated for decades, to a lesser or greater degree. Pakistan, on the other hand, was a growing economy until the pandemic and still has a burgeoning population, who will contribute to economic growth in the near future. Even if each of those people produces half as much as the average Brazilian or Argentine, it would still leave Pakistan a lot richer than both in the future. A country can be rich even if its citizens are not. India is a far richer country than Brazil, for instance, although the average Brazilian is much richer than the average Indian. This is, of course, assuming that the current economic crisis doesn't lead to a political collapse in Pakistan.

[@whysoserious7553]

That's because Pakistan's ex daddy USA has given pakistan more than 30 billion dollar as aid since 2001 not only aid US helped pakistan to grow it's economy by controlling pakistan rupee dollar exchange rate like it did in Afghanistan after US invasion of Afghanistan US made Afghanistan currency more value like afghan currency is equal to 1 Indian rupee. Pakistan doesn't have sophisticated industries some cottage industries

[@echosmith5256]

​@@zetaforever4953 in nominal terms Pakistan's economy has not grown since 2015. accounting for the free market exchange rate of 300 it's gdp is the same as in 2015. In ppp terms Pakistan's economy grows at 4 percent but population grows at 3 percent so per Capita growth is hardly 1-1.5 percent which is low for a developing country

[@rahulvats95]

I don't know about others but Caliph of Riyasat-e-ottomani Erdogan Dilris Ertugul is on the prowl. Ummah will unite to pay back loans to IMF.

[@emmanuelmacron2438]

Asking for loans is halal, but repaying them is haram as per PM of Pakistan.

[@widodoakrom3938]

Lol

[@Sudeep.Manerkar]

Lol

[@shahbaz199X]

wassup Satan 😂

[@pkpkings]

😂😂😂

[@dazzlingcoaching6264]

@@shahbaz199X wassup rakshas 😂😂😂😂😂

[@i-z-g3317]

I live in pakistan in the city of rawalpindi and I know that the situation here is a lot worse than you expect.

[@s-qc9ns]

Army rule mei ye hi hota hai.

[@AmpyEditz]

I am from Islamabad but I could not bear the horrors of Rawalpindis situation

[@rawal6837]

Pakistan is the best place to live they get foreign aid whenever they want

[@asalambhatti3721]

Dont bullshit us , you are not even a pakistani so shut up

[@RavenHart-sx8xs]

​@@AmpyEditz Can you tell me which average Pakistani live on 15 usd a day?

[@sudeep71195]

You missed one major point. Big % of Pakistan's economy was boosted by Foreign Aid coming from Western countries (mainly U.S.) and China. But as the interest of these countries are now moving more towards Indo-Pacfic region so that source of income for Pakistan is also declining.

[@hamzamehmood1976]

No aid only debt was given by US and China

[@nightking8490]

Agreed

[@Normalguy1690]

Now that america is out of Afghanistan they don’t need to be chummy with Pakistan to get access to the country. So as America leaves Afghan they are leaving Pakistan.

[@guydreamr]

@@Normalguy1690 Agreed, good insight.

[@meetadi4u]

I thought to write the same some 20+ billion came after 2000s

[@ajm.3221]

the unhealthy influence of military on each and everthing makes the matters worse.

[@barrybolton1396]

More like religion

[@krishnkant9477]

@@_hunterz_ Of course because of religion.

[@adamcetinkent]

​@@_hunterz_ British?

[@kravenOG]

​@@krishnkant9477 nope not religion biased

[@kerambimcil1998]

No slims country can be rich without natural resource, they are just too dumb.

[@saitama2508]

Pakistan hasn't still gotten the basics right Without stable government whatever you do will not matter so unless they can seperate their military from the governance it will continue to fail

[@JustAPokemonCommentingOnVideos]

i can't believe this guy unironically ranked pak higher than sri lanka on the leaderboard i don't care how much economics you have studied if you truly believe that then idk what to say sri lanka had the highest per capita income of all desi countries and they will actually bounce back unlike the country mentioned in the video

[@drscopeify]

@@JustAPokemonCommentingOnVideos Well Pakistan has not (yet) defaulted and Sri Lanka has so it's a clear answer there. Its one thing for banks or companies to default but for a the entire country itself that is a very very big problem, how can any foreigner trust investing even 0.01 cent? They may never get it back right? So that kills all trust. It can take a long time to get trust back.... China might not care about trust because they want power and control so for them default might actually be positive but even China at some point might say, that is enough money wasted on games of power, no more.

[@myselfyuvi]

@@JustAPokemonCommentingOnVideos GDP per capita is not everything. Unless your economy has some significant scale, the per capita numbers are always going to be flawed. Just a few hundred extremely wealthy (corrupt) individuals can throw you GDP per capita numbers for a toss. That doesn't mean the country whole country started doing good. ✌️

[@JustAPokemonCommentingOnVideos]

@@drscopeify didn't pak declare bankruptcy recently??

[@DrMike005]

@@JustAPokemonCommentingOnVideosyou know it's easier for a small country with small population to have more GDP per capita than larger countries where you don't have to spend on sectors like military(how much you spend a larger country will easily defeat you). Also it's easier to focus on local problems better in a small country. But lastly most of the growth in Sri lanka was fueled by debts specially chinese debts who don't care much about defaults(they need influence in the region)

[@Steve_Gates]

As an Indian, a part of me felt bad when I heard about natural disasters there but other part quickly reminded me that this is the country whose official policy was to "bleed India through thousand cuts."

[@akkr3548]

​@@m9nabil123 you smoking pork sh*t ?

[@8hieboi]

​@@m9nabil123 what is happening with kashmiris ??

[@mihirojha4475]

​@@m9nabil123 lol and what about terrorists sent by Pakistan in India? What about 26/11? What about Osama Bin Laden? Your legend Imran called him a Martyr!! You guys are nuts. Cannot be happier that Jinnah decided to take you guys out of India.

[@m9nabil123]

@@mihirojha4475 bro come out of the circle we’re you guys only listen what your media is saying..come out of this andhbakht concept…dnt listen to me also just search what international media is saying about 26/11.. it’s inside job by indian politics… you talking about usama bin laden im not in support of him but the question is why Americans were after him… for crime which he have not done ?? be logical do some research you will know

[@m9nabil123]

@@akkr3548 I like smoking beef steak with mash potatoes hmmmm

[@prateeksharma6706]

*KZbinr :- mentions pakistan* Gets views from pakistan *Mentions its failing* Gets views from India *KZbinr :- stonks📈*

[@widodoakrom3938]

Lol

[@megha8783]

😂😂😂

[@gamermomment2050]

Funny that graph looks like Pakistan map geographically.

[@DoctorIdeopathic]

​@@megha8783 Hey Megha How Are You ? Long time baad mile internet pe Kesa raha Tumhara Neet PG ❓

[@BlackMambo5]

@@DoctorIdeopathic -- Simp Pro Max. 😂

[@hassaanbukhari517]

Living in Pakistan I want to mention the foremost cause which is that Pakistanis have been fooled for most of their history by the ones who rule them not just politically but economically and socially as well. And it can't be fixed until people open their eyes. Pakistan is in a situation where it needs a similar socioeconomic revolution as of French did.

[@OkarinHououinKyouma]

It won't happen in Pakistan's case because it's people are blinded by religion, which has entered all areas of life.

[@divya9951]

You are talking about army and isi Right But it tooo late

[@whysoserious7553]

Yaa you're right still Pakistanis belives they're powerful than India

[@rohitkashyap1051]

Deen par dhyyan do.....duniya par nahi

[@MythicEcho]

Are you wanting for someone to say - let them eat cakes?

[@Creative___Mind]

You forgot to mention the clusterfuck that is Pakistan's political and economic situation my man. Those affect investor and economic confidence. And the inflation and corruption... let's not talk about them.

[@Theactualstoic]

Investor??? there was $0 of investment in Pakistan since a decade. Only investment was chinese loans which are all defaulted

[@zachweyrauch2988]

I really dont like the videos on this channel for reasons like you mentioned. Alot of the comparisons are overly simple and alot of nuance that may be as relevant as the discussed hypotheticals gets ignored. Im past the point of giving economists credit or accolades for their field of study. I see economics as a soft science and most of its ideas unravel with the same scrutiny we apply to popular social science ideas.

[@LVArturs]

@@zachweyrauch2988 it's just very hard to study the most complex thing in the known universe - a human brain. And even harder to study billions of them interacting in a real world environment.

[@hke.4475]

@@Theactualstoic nah pakistan gets 3 billion of investments per year

[@abdusqamar9667]

Its just a non political economic analysis, rather simple and watered down to be fair however that's what makes the videos enjoyable. I'm sure it would take a lot of effort and research to make a holistic report on the country including historical political and ideological issues. It would be severely draining and more documentary style. This form of content is more focused on economic principles and he shows them in action in economics.

[@SMOKINgears]

in india state owns the military in pakistan military owns the state if a country gives more importance to military than economy it will collapse, just like Soviet union

[@EhteshamShahzad]

Pakistani here. Would like to add a few comments: * 11:41 Pakistan's economy was resilient on paper. The military aid Pakistan got was mostly funnelled into consumption lead growth. Source: Bust, boom, and bust - Mush’s Muddy economic footprint | Profit Explains * 13:12 the building on the bottom left has been "under construction" for more than 10 years. It is location at one of the most prime locations of Lahore. Yet, it remains empty, not being used to add value to the economy. This issue is not only with this building, but a lot of land through out the country. * 13:27 Freezing petrol and electricity prices was a political move. PM Khan knew he was going to be overthrown soon, so he laid out the trap. When the new gov came into power they were hesitant to correct course for months, as they believed it would be an unpopular move. In the meanwhile, the gov burned a significant amount of our foreign reserves. * 14:12 In order to resume the IMF program, the gov is no longer controlling the exchange rate. * 4.2 seems a bit generous, especially compared to Turkey's 3.8.

[@vikas776]

You dont seems like a pakistani. All those points are very accurate and i dont see anyone online to admit these. I dont normally comment on pakistan related since i am an indian but may be its my bias according to which these are quite accurate points.

[@randmht9976]

Exactly. Not to mention the most Radicalised Population on earth & increase in Terrorism.

[@whysoserious7553]

Dude u must be few pakistanis that still has brain

[@kazimhussain9366]

@@vikas776 another Pakistani here. All hope is lost and we have been completed f*cked by the politicians who only care about bashing the opposition. Nothing is being done in the agricultural sector which is one of most economically significant sectors of Pakistan.

[@gsnayak06]

@@vikas776 He is indeed a Pakistani, troubled when his country is rated above Turkey :D

[@thepartygalgo]

The fact that you put Pakistan over Brazil and Argentina is laughable. Both countries are much richer, more stable, are actual democracies and have actual value adding industries. The only thing Pakistan is better at is growth, and that's only because it's a dirt poor country and that's typical of low income countries.

[@VMRDY]

Agreed.

[@MP-ut6eb]

Growth? Of what?

[@溝尻マリオ]

About Argentina i can't be sure, but Brazil certainly deserves to be above Pakistan. If Pakistan is a 4.2 then Brazil should be a 4.3.

[@Best-um3eq]

@@溝尻マリオ population matters. Pak can get billions tommorow if its population started donating.

[@anantasheshanaga3666]

@@MP-ut6eb Inflation.

[@john_doe_not_found]

My takeaway from this is that as bad as Pakistan is, it still ranks higher than Brazil on the EE leaderboard.

[@magivkmeister6166]

That's not saying much is it

[@GhostRillley]

*real* *truth* The government of Pakistan is controlled by the army of Pakistan, the army chief chooses their prime minister, there have been four military coups so far, each of their army officers flees to Europe after retirement, example, general bawja army chief when retired When he became, he had a wealth of 12.7 billion. Pakistan army runs business in the country, everything from clothes to soap is made by their army. In their annual budget, 50% of the budget goes to the army.

[@yoppindia]

that is unfair, brazil has so much natural resource.

[@svanimation8969]

@@yoppindia that's what I'm thinking!

[@Floatingtwig]

Cisco

[@xxjojoxx9914]

Target audience: Pakistani Actual audience: Indians

[@arplays4837]

Pakistani's are watching this too but are too scared to come out of the woodworks lol

[@CallOfPoop1]

​@@arplays4837U Indians stay on Pakistan's meat, embarrassing fr

[@ManasTiwari]

With the map that they put in the beginning, the target audience is Indian.

[@owaistariq9994]

As a Pakistani I'm surprised with the ranking on the leaderboard. I think its optimistic to say the least 😅

[@Leon-pn6rb]

Typical American naivety

[@roberthiggins8234]

He has mentioned that there is quite a lot of bias towards to past (growth), and a bias towards larger economies (GDP). Both of which Pakistan is doing quite well. I guess if the bias was towards GDP per capita, and recent growth Pakistan would get something in the 3's.

[@roberthiggins8234]

@@Leon-pn6rb Hes not American

[@ichbinein123]

@@Leon-pn6rb EE is Australian, mate.

[@monakandari6160]

@@Leon-pn6rb No, His Accent doesn't sound American

[@mdmzr6512]

I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for.......

[@saulgoodman1046]

USSR is our last hope!!

[@yashrajdixit4412]

Only if ur government did not fund terrorism and had not been a slave to china it would have been better.

[@ArmageddonIsHere]

Look on the bright side. It could have been worse; you could have been living in Pakistan!

[@yashrajdixit4412]

What could have been more worse is that there wouldn't be a country called pakistan

[@markmccullough5873]

They know exactly what they are doing to Americans who have worked hard , lived frugally, and saved. This money printing is their plan to devalue everyone's savings and bring all but the very wealthy down to the same level.

[@superbro1476]

Should have covered their PM's motto "Beggars can't be choosers" 💀

[@jj5302]

shehbaj - me mangne nahin aaya hu par majhburi he....🤣🤣🤣🤣

[@myselfyuvi]

Govt: Forget Chai and drink Sattu🤪✌️

[@hassantech1862]

@@myselfyuvi Drink cow pee is also Good option for Hindus 🙏

[@619ry7]

@@myselfyuvi "tea is expensive" - average Paxtani

[@Eddy-Cool]

way way way better than being Balaaatkaris! get it, balaaatkari?

[@MuhammadBilal-kj9lp]

As a Pakistani myself we are facing severe conditions with the passing days. Inflation is rising, and things does not seems to get better anytime soon. Only Viable Solution right now is a stable government with better economic plan which focuses more on people rather than military expenditures

[@whitedemon8953]

Once a great man said, "Beggars can't be choosers". And everyone felt that.😵

[@rafaykhanyousefzai]

Once a great man said, "Tea is fantastic". Everyone felt it.

[@Sherlock289]

@@rafaykhanyousefzai2 F-16 shotdown was fantastic

[@randomchess7044]

@@rafaykhanyousefzai Yeah now the same tea is expensive, Go have sattu.. Btw 93000 porki surrender was 1000 times more shameful than Abhinandan surrender

[@rewawaleparth64]

@@rafaykhanyousefzai bill of 93000 tea cups ☕ are still pending 🗿

[@frustratedpanda212]

@@rafaykhanyousefzai lol, 93k surrender is fantastic, Bangladesh is fantastic. Try one more time, Balochistan will be even more fantastic 🗿

[@kaustubhumak8504]

Pakistan was socially and economically much stronger than India before the partition of India. Higher industrialization, much more fertile soil, water availability in every way it was better than it's counterpart India. What went wrong with them was their radicalization of population and trying to complete with India militarily and not focusing on developing their own country.

[@anemoxxa]

wish they didnt seperate tbh, a united india would've been a game changer

[@friendlyatheist9589]

@@anemoxxa lol more maleech ? no

[@deepblue3682]

@@anemoxxa no way... india would be responsible for terrorist attacks world wide if pakistan was with india.. religious riots would have been a daily affairs, suicide bombings every second day in india...uncontrolled population growth eating up resources and not adding value to economy.... glad pakistan separated from india..

[@widodoakrom3938]

Make sense

[@overlord2066]

​@@rnayabed islamists are still in india

[@ahib0x]

I am a Pakistani, and I am happy to see your community & your impartiality, now here's my take on all of this, as an average Pakistani... when the subcontinent was freed by the Britishers, India sensing the danger of a political imbalance, created a law that bounded the chief of army staff to not act on their own, rather will have to ask secretary (who is under the PM themselves) for any action possible, and I'll say that's a fantastic move because army can't legally move on their own... whereas in Pakistan it is permissible for the army to announce Martial Law anytime possible while giving a reason that is "VALID" according to them and nobody can deny them, so technically if your intentions aren't good, you can threaten the current PM and the government as much as you want and if you don't like the government you can just simply overthrow it "LEGALLY" and since the independence of Pakistan the Army and the Establishment only supports those people who obey them, meaning, they're corrupt. Sometimes they work behind the shadows and the other time they straight up take over the country, but in this current specific state (Imran Khan) has more public support than any other leader in Pakistan ever had. (Of course Bhutto had some influence, but he didn't have the access of the modern communication tech) ever since Pakistan has been freed the army and establishment has always been corrupt and to secure themselves even more they have powerful people in the whole system and structure who are willing to vouch them and basically that leads us to here... (Now some of you might say that I'm not "PATRIOTIC" enough, well I hate the corrupt people in it because they own most of the Pakistan's real estate assets and make black money out of it while poor gets poorer!)

[@buttofthejoke]

Pakistan doesn't have a clear identity. Is it a democracy, an autocracy, a partnership between civilian and military, a theocracy? Or a salad of all combined?

[@jim2376]

"ever since Pakistan has been freed the army and establishment has always been corrupt" Yep! This is well known.

[@pm6127]

This claim with respect to imran Khan's popularity is wrong. Bhutto was much more popular than Khan. And so was Sharif during his rise. Again the problem with all 3 politicians is that they were setup by previous army generals. All 3 enjoyed their army patron's support until they didn't.

[@kazj1728]

Pakistanis discussing politics! Wow!! Please tell us more! 😂

[@ahib0x]

@@kazj1728 I dunno man... we're fked up, that's for sure tho.

[@rbuddy1499]

Great video. I also want to add that military expenditure has been the highest expenditure item in Pakistan’s budget for a while, and still continues to be so.

[@turnerjmulletboy]

I travel internationally a lot for work and one thing I notice in basically every developing country (incl. Pakistan) is that no one ever pays income or sales tax. Vendors at the street level demand cash payment and pocket 100% of the profit rather than declaring the sale. I can't say how much of an impact this has but I do know that in my (advanced) country where I am forced to declare all my income and pay 30+% of it as tax, we do tend to get a lot more by way of standard of living...

[@shariqhasan6220]

yes its because taxes in Pakistan are mostly used up by elites for their own luxuries, this has completely destroyed trust between those in power and the common folk.

[@darkace0387]

TAX collection is not as low as govt cries about it, its just that we lack exports and value additions that generates little to low revenue streams, otherwise establishments such as FBR does have corrupt bureacrats and the mingle with direct taxation leading to unsecure and un clear tax collection. On the other hand indirect taxation is huge, almost 41% + which is huge i.e FEDs, Excise duties, GSTs, customs etc. Although big bussiness does avoid taxes, the direct ones because of their unethical war against the bureacrats and the policy which affects their bussiness, it should be a two way link. Otherwise many corporation uses FTR based taxation resulting in direct salary tax. i hope they would tax properties to some extent but sadly it's not happening

[@namaan123]

Yeah that's partly why the country is so resilient; little or no sales/income tax plus very little financing options. So things are purchased in cash and the money is kept in full.

[@raviv3398]

That’s why gov earns mostly in developing countries from excise duties and gst/hst. India charge hefty duties on oil as oil is biggest import of India. Buying more (extra) oil directly make weak rupee. Weak rupee means cost of imported products rises. Means, oil will be more expensive than last purchase in Rupee. Reason why Indian economy works fine even in this inflation, oil always was charged big duties by central-local government, which were lowered in high global oil prices and now increased back when global oil price lowered, keeping, oil price less changed (stable increase) unlike western world where oil price went from 0.8 dollar to 2.5 dollar per litre in Canada in few months. That oil price increase f.up Canada in inflation, while India is still chilling. Inflation has increased but not that bad compare to rest of the world. Indian rupee to dollar will keep going down, Petrol will keep getting expensive in India,as they are related but it’s very smooth.

[@avisekroy4937]

Which country are u from ??

[@SuperSmashDolls]

You forgot to mention that the Pakistani military basically holds the rest of the country hostage. They take a huge amount of the budget and the IMF is more or less required to subsidize them if they want any economic aid to go to the actual Pakistani economy at all.

[@danielgareth4205]

Is it that bad? You got me curious. Can you explain more about the role and position of the Pakistani military in the society?

[@arijitpalit2756]

​@@danielgareth4205basically all major industries are run by military. They can coup and takeover government whenever they want, without bloodshed. Basically, they just walk-in disband ruling government and takeover. To date, no Pakistani prime minister has been able to complete their full term.

[@legendaryhound5261]

​@@danielgareth4205it isn't that bad, Military Just has a 6 billion dollar budget in 2023, out of 50 billion dollar budget...but Military has its own a lot of commercial industries to which they don't pay taxes

[@SOUVIK_RAY_]

Its unbelievable how this country once demanded independence from India and claimed to become a nation with a formidable economy and military. Today Pakistan is a nuclear power with no funds to feed its people or even its army.

[@hke.4475]

Feed its people or army are you forgetting yesterday was the anniversary for tea is fantastic

[@rameenaayan3248]

Pakistan is like this precisely because they chose a path of radicalism and militarism. Their own PM said that they'll starve themselves in order acquire nuclear weapons. In reality Pakistan never possessed anything that could be called formidable in any way. Their national identity is built off of communalism and hatred and a desire to somehow out do a neighbour several times larger and in the process they have sealed their fate as a failed state and have been outdone by a former province of theirs which they ruled like a colony for more than two decades.

[@akashpatel8410]

@@hke.4475 tea is expensive 🤣🤣cope beggar

[@sarants4488]

@@hke.4475 and what's the price of tea now in pakistan....

[@whatevertrends3627]

​@@hke.4475 bhool gaya kya pakistani minister ne kya kaha tha aap chai ki piyali kam piye nahi toh aapki maa behen ho jaegi🤣

[@guilhermetavares4705]

I like this channel, but putting Pakistan above Brazil makes no sense. Brazil does not have any serious problems with its currency, has a relevant industry, has a more complex economy, produces a lot of oil, the electrical system is not dependent on exports, and the economy is not dependent on remittances from workers abroad.

[@SpiderpigThe]

US has been donating billions of $ to PK since 1950s to present, even tho they hate US, that's the only reason their economy was barely holding up, PK was getting billions in extra for using their airspace by US, since US left AFG that extra fund disappeared and that's why their economy is taking bigger hit.

[@gaoxiaen1]

No foreign aid to Pakistan, a sworn muji enemy of the USA that sheltered Bin Ladin. Send it to Ukraine.

[@royalstory111]

I went to Pakistan and stayed there for 2 years.. Life is hard and people have very limited education.

[@rahulvats95]

The read one book though 👉👈 you know. They say all secrets are there in that one only.

[@hiteshadhikari]

Islamic jihad and education are like oil and water

[@redbaron9029]

​@@rahulvats95 Is that so? Maybe you got it wrong alll along! Ever given a thought to that?

[@harlowida]

@@rahulvats95 y’all Indians smh you ppl are full of hate and extremism

[@rahulvats95]

@@harlowida Countries which negatively discriminate the Non-believers by written LAW in their majority countries, scum on earth, absolute pig of a people they are. How can we love someone who doesn't acknowledge us being equal being Scripturly as well as legally.

[@Meandbroafter2]

India looking at all its neighbours fall like dominos: 👁️👁️ . 👄

[@manik6621]

bro its depressing , we are surrounded by bankrupt nations ...! Millions of bangladeshis refugees are already living illegally in india ....!

[@svanimation8969]

@@manik6621 yeah it's actually not good ! 😢! Refuge Crisis and all these small thing's gonna big in future

[@svanimation8969]

@@manik6621 literally in my area in a flower Company there 100s of Bangladeshis live from last 10 years ! Every year new families come a agent always bring new ones ! My mom was super wiser there ! She used to talk with them ! Whenever they talk about money instead of ruppes they always say takka ! Just a few days ago i was watching a video about there refuge thing i asked mom about the company workers where are they from ! Cuz i suspected by there facial features ! Years ago ! I asked her where are they from she said! These guys say they are Bengalis !! But suddenly said they always say ruppes = *takka* (Bangladesh currency name ) That's how I got it that they are illgeal Bangladeshis folks ! When i did more research it was a racket of illegal Bangladeshis immigrants ! Who living here in minimum wage bcz they had no documents! They can't even run from there jobs ! These guys after got busted runaway from here somewhere else that mf agent also got kicked away! He was from Bihar !

[@OkarinHououinKyouma]

The question is, how India is gonna navigate thru this crisis in the subcontinent?

[@BruceWayne-qe7bs]

@@OkarinHououinKyouma India have forking high taxes. Have one of the highest LPG and fuel prices.

[@John.Rambo09]

I really dislike how each year Pakistan's map on videos and maps is being shown smaller and smaller systematically even though Pakistan still holds half on the northern area and it has been for decades, hence it should always be shown on its map boundary.

[@BeE_AriyaN]

It's about time😊

[@Element67]

Pok is Indian territory

[@nvherman257]

​@@Element67 keep dreaming bro nagaland khalistan will themselves separate

[@DarkKnight-db1dy]

@@nvherman257 keep coping harder. Khalistani separatists are falling like a pack of cards just like pakistan economy

[@thelegendofalltime9923]

Not even close to happening

[@memazov6601]

Pakistan in a situation whatever the do to fix the problem will make a even bigger problem

[@kockorzo]

There exists no such situation.

[@Sponge_Bob_Square_Pants]

They should increase their donkey exports

[@superbro1476]

Pakistani government should open KZbin channel and ask their population to watch videos of it and earn through ad revenue 😂

[@whysoserious7553]

Ya like making a video about defeating India(which will never happen) but Pakistanis will belive anything like they belive they're not Indian origin but Arabs 🤣🤣🤣🤣🐷🐷🐷

[@rajeshnaik2391]

Modern prblms require modern solution😂😂😂😂

[@JustAPokemonCommentingOnVideos]

india can bankrupt youtube if we try this shi lol

[@RealCherry8085]

They should rather ask them to react on it🤣🤣🤣

[@rutvikrs]

​@@RealCherry8085 "most react channels per capita".

[@s9ka972]

The *funniest* 👌 part about *Pakistan* s' economy is they import products from neighbouring country India via UAE almost increasing the price of every goods by another 10-15% .

[@friendlyatheist9589]

soon india is going to stop the water from jhelum too. lol

[@abhinavayush967]

@@friendlyatheist9589 don’t worry we will export the water through saudi and uae

[@xijinpig8982]

​@@abhinavayush967 Where does Saudi and UAE get their water from in a desert? You think there's just a huge water reserve lying around and they're desperately trying to find a customer? 🤣

[@abhinavayush967]

@@xijinpig8982 seems like internet doesn't know humor .

[@aungmyintoo4635]

​@@abhinavayush967 I got what you mean, but some people in this comment section don't get you 😅

[@trazzpalmer3199]

According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed may be slightly behind the curve than perhaps they expected heading into this year." More red than green is seen in my portfolio. How are other people in this making huge sums of more than $350K in this downturn?

[@graceocean8323]

@Finest Bear Hug I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted huge.

[@tampabayrodeo2474]

@@graceocean8323 we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

[@graceocean8323]

My Financial Advisor is MARIA JULIANA RAMIREZ. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

[@hannahdonald9071]

I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I plan to call her after doing a quick internet search for her.

[@tampabayrodeo2474]

@@graceocean8323 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

[@simonb4689]

I was there in 2009, it was already rough, I can't even imagine now

[@abhi1780]

Because of funding terrorism

[@Arya_amsha]

@Don't Read My Profile Photo ok

[@siddharthaanand332]

​@Don't Read My Profile Photo ok

[@rohit0-s1v]

@Don't Read My Profile Photo thanks

[@marilynlucero9363]

@Don't Read My Profile Photo ok

[@quagmire4412]

They lost the printing press of Indian currency .that's why after 2016 they are slowly dying .

[@quagmire4412]

@@msdadsfsx dont you know ? Pakistan had the printing press and technology to print old Indian currency notes .

[@sharequsman596]

​@@quagmire4412 that didn't matter.Pur real issues rn can be summed up in one name.Imran khan.He screwed up our deals with the chineese and now we ar left with the debt from those deals without alot of the benefits The decline started right when khan came in

[@friendlyatheist9589]

@@msdadsfsx demonitization hit them hard bro

[@ssm7593]

@@msdadsfsx Watch Abhijit Chavda video

[@Theactualstoic]

they dont even have proper universities their future is dark anyways

[@EIGatito]

For Indian Learn what to do from China Learn what not to do from Pakistan

[@JustAPokemonCommentingOnVideos]

perfect.

[@prajwalbharambe343]

pakistan. inshallah

[@empatil9335]

Pakistan was deeply impacted by India’s demonetization. Pakistan could no longer print Indian rupees and send them to India

[@pipipupu5104]

What really

[@L.K.P_]

What?

[@Secretlyanothername]

Lol cope

[@XX-dq3kx]

Shh don't tell dem

[@polarbear7]

​@@pipipupu5104yes ! Just see the chart of Pakistan economy 😂 ! The groups from Pakistan used to print Indian currency to keep inflation in india and fund terrorist activities stopped since modi did demonitization just look at the chart lol there economy and indian demonitization 😂 it's so funny! Our older goverment was so dumb before modi came older goverment used to print money outside of India (in EU basically ) where from Pakistan also print there money which caused this Nexus of Eu and Pakistanis to destroy from inside ! Our older goverment was so dumb really! After India's door closed those same paki Nexus started making there own currency to survive but it caused more inflation! Pakistan have highest inflation in Asia as of now which is over 38 %

[@ayush885]

There are two famous sayings in Pakistan, I've heard them on interviews of Pakistani people posted on KZbin. The first one is about the Pakistani army: "Jung kabhi jeete nhi, chunaav kabhi haare nhi." The important part of this statement, when translated, means that the army has never lost an election. Every govt. is subservient to the army, and no government has ever completed it's term. The second statement is a copy of an old saying, "Pakistan doesn't have an army, it's the Defence Housing corporation which owns a country." I don't exactly know what the defence housing corporation is, but by it's name, it must be an authority which takes cares of the housing and other financial aspects of the army and it's soldiers. The thing is, the army has dipped it's fingers in almost every economic activity, which makes it impossible for the government to increase taxes on anything, even when it's needed desperately.

[@hke.4475]

Ask abhinandan he knows what army is capable of

[@trustme4407]

​@@hke.4475 yes he knows how worst your army can't even use a F16 properly

[@whysoserious7553]

​@@hke.4475no we asked general niazi khan and his 93000 Pakistani pigs who surrender to India and stayed as prisoner of war in 1971. He said pakistan army has never won a war 93000 Pakistani soldiers surrendered in 1971 which is biggest surrender in the history but Pakistani schools and madrasas will teach brain dead islamist Pakistanis that they won every war with India. He also said Pakistanis has very less iq that's y even when normal Pakistanis begging and killing even for a bag of aata army personals and pak politicians lives like a king with looted pakistanis money

[@JustAPokemonCommentingOnVideos]

@@hke.4475 abhinandan is enjoying life and lives in better conditions thant 99.99% of pakis

[@breezemont1161]

@@hke.4475 Of surrender?

[@abhinav.pandey19]

In the words of their once visionary leader, while dangling on the pertinent issues of statecraft: “We will eat grass, even go hungry, but we will have our own [atom bomb]”. Just a self-fulfilling prophecy at this point...

[@hke.4475]

Ironic an indian commenting this street shitters yall rank lower on malnutrition and hunger index

[@abhinav.pandey19]

@@hke.4475: Out of atta? Here, have some copium...

[@eliteevildarkness5830]

😂😂😂

[@RavenHart-sx8xs]

Never thought such prophies can come true

[@itsover9008]

Appreciate you using the correct map for India and Pakistan.

[@adityarane5735]

aksai chin not included in our JK

[@JustAPokemonCommentingOnVideos]

@@adityarane5735 once we take it back it will

[@sherry7529]

it will never be true pajeet

[@Char444]

This is not the correct internationally accepted and de-facto borders. Come out of your imaginary world. The Line of Control is the de-facto border of both nations no matter what each claims.

[@sanjithrithvik3548]

@@adityarane5735pok is more important than Aksai chin since it opens up route to central

[@usmantariq7997]

13:40 Is that a part of Pakistan? Does anyone know what is this place called?

[@abdurrehmanshah2852]

Yes, looks like area in northern Pakistan

[@siddhantk4985]

As indian strong MODI leadership saved us from these crisis wich are happening in srilanka ,Pakistan, Bangladesh and Nepal.. ( special thanks to Russian oil) If Congress puppets were in power Then surely India would have been in same situation as many of these countries and they would have have simply blamed there mismanagement on COVID and war...

[@widodoakrom3938]

U forget Myanmar

[@prathamtiwari3062]

Our foreign policy hasn't changed much regardless of which party is in power also congress was always pro Russian so they would have gotten the oil.

[@bhangura3026]

@@prathamtiwari3062 foreign policy is much different and very bold under bjp then congress

[@prathamtiwari3062]

@@bhangura3026 Our foreign policy has always been Non aligant, India was literally one of the leaders of NAM plus it was tilted towards Russia/USSR under Congress (unlike Modi who is way more pro west) so they would have still procured Russian oil as I said.

[@bhangura3026]

@@prathamtiwari3062 I don't think Congress government would stand against Western Pressure

[@muhammadnajam1]

Thanks for making a video on Pakistan's economy. Some days back, I requested you for this video.

[@MubashirullahD]

Thanks for the insight. We've seen how expensive stuff has become. Noodles prices have gone up from Rs 45 to 65

[@rahulvats95]

Noodles are haram.

[@vivekanandan5093]

@@rahulvats95 nothing is haram when it is in Pakistan, everything is halal... Esp begging 🤣

[@hke.4475]

​​@@vivekanandan5093 street shitters

[@ion8264]

Out of hundreds of things that are expensive abdul chose noodles.

[@prajwalbharambe343]

@@rahulvats95 gaslight king

[@taufiqulhuque5719]

What a wonderfully objective account! Negative and positive aspects explained clearly, like a good professor. I learned a lot.

[@ethans6539]

An important aspect I think you missed is Pakistans continual state support for terrorism and how this has strained it relationships with many nations.

[@abdulsufan3325]

Pales in comparison to actual terrorism support and continued terrorist by America.

[@saarza9991]

@@abdulsufan3325 doesn't matter if u accept or not. Pakistan, the land of Terrorists. Breeding grounds for terrorism and still indirectly killing many

[@sharathatchandra]

This video makes Pakistan's position look much better that what it is. Ground reality is totally different. You haven't covered the aspects of political instability and inflation faced by the country right now.

[@gregboi183]

Put position numbers on the leaderboard so we can see where one ranks without having to remember where everyone else ranked

[@KabobHope]

A numbered ranking would indeed be helpful.

[@AbdulaImran]

This video sheds the light on external factors mostly, or the factors related to the economy, but by far the leading cause of current economic crisis is an internal one and a political one - the problem caused by the military establishment. They wanted the popular Prime Minister out of the power, so, they did that by getting his allies and the other parties of the National Assembly together to form a government, causing an extreme political unrest which lead to economic chaos slowly. The new government didn't had any idea or vision to deal with the economic mess that was created to get them in power, so the situation worsened. Last month the monthly inflation rate was 31.5%, highest ever in the history of Pakistan, rupee is deprecating against the dollar at a very fast rate, the reserves are shrinking and the government is still clueless how to deal with the economic situation. So, they're now fulfilling every other condition of IMF in order to get a small bailout which is a dire need. And the situation won't improve unless the political unrest stops and elections happen so that a stable government forms.

[@emixmim]

Would love if you did videos on the "new" economic tigers like Romania, Poland, Hungary etc. They are starting to punch way above their weights. Romania is consistently one of the highest growth economies in Europe.

[@justinhatvari9092]

thanks a lot for the support mate ! :D cheers from Hungary!

[@LostinMango]

Lol free andrew tate Romania guy

[@LVArturs]

I'm pretty sure they're going nowhere unless they figure out what to do with demography and net migration.

[@kirathekillernote2173]

They just don’t have enough demo to be more than slightly stronger regional players. Sorry, but as the technological progress becomes more & more democratised, the future looks to be Asian

[@balabanasireti]

​@@LostinMango What?

[@anboyjrocks1]

Correct Map on India, good job. You get my like.

[@maktakjaklak6790]

Ladakh is in china thi

[@falcon1017]

Incorrect map 🙂🤫

[@anboyjrocks1]

@@maktakjaklak6790 atleast POK is shown in India

[@InsideBoxingBrain]

Pakistan's economy has faced several challenges and shortcomings over the years, including poor infrastructure, energy crisis, lack of technological advancements, political instability, and corruption. One of the most significant challenges faced by Pakistan's economy is the energy crisis. The country has been facing severe energy shortages, which have adversely impacted industrial growth and led to a decline in foreign investment. The inadequate infrastructure and outdated technology in the energy sector have further aggravated the problem. Another challenge is the poor state of infrastructure, which includes transportation networks, power grids, and telecommunication systems. The inadequate infrastructure has not only hindered economic growth but also limited the country's ability to attract foreign investment. Moreover, Pakistan's economy has been marred by political instability and a lack of policy continuity.

[@joshmidd]

9:45 Why is the video backwards? Are a lot of them backwards and this is the first I've noticed?

[@kroverbeek]

Dear economics explained, can I suggest/request a video about the euro currency, and the risks vs benefits of linking weaker economies (e.g. Greece) to stronger ones (e.g. Germany)? Thanks for all the great content :)

[@mohammadtariq1739]

youtube.com/@mohammadtariq1739

[@h.h.1266]

They're sitting on trillions of dollars worth of natural resources at the base of the himalayan mountains but they don't have any means to extract and refine them. Maybe one of the strings attached to the loans would be to open those up to China or US firms.

[@saptarsi7868]

Sri lanka is in a better position than Pakistan Unlike Pakistan it's not an underdeveloped country. It has pure democracy and hardly any terrorist activity and a very high educated population Above all the country is in good terms with the neighbors.

[@PakistanZindabad19828]

You live in neither country. So how can you assume one is better than the other? Just because your Indian media says something doesn't mean you should blindly believe them, they don't live here either.

[@saptarsi7868]

@@PakistanZindabad19828 I don't live in either country but I am not ignorant or blind.

[@menahelkhan]

I love how so many people (read: Indians) who came here to stroke their egos by laughing at Pakistan's economic situation are just butthurt that EE placed it decently on the leaderboard. But that being said, Pakistan really does need a turnaround. Economically, politically, and socially.

[@harshjain3122]

Understand the basis of ur nation. It's built around the military and tbh, most pakis take pride in it cuz of their hate against India(we do have a valid reason, u are but bastards bore out of invasions...so in a way, even y'all have a valid reason) Only difference between India and Pakistan is the religion. That's it.

[@MR.X9X]

Don't blame India We are not here to stroke our egos Whatever is happening today in Pakistan is only because of its idiot administration i.e army and goverment Pakistan has no future Even former Prime minister has said that we don't have enough money to even run on country We need to borrow that money also from abroad. Now as Saudi has stopped giving money to Pakistan, so Pakistan turned to China . China is well known for its debt trap policy and how it will trap Pakistan also while Pakistan Army's general will fill thier pockets.

[@rajubhai8466]

Pakistan is a very peaceful country even Osama Bin Laden stayed there very peacefully 😅

[@barrybolton1396]

He was on vacation

[@dunkmetal3264]

Pakistanis once said we will eat grass but build a bomb well live upto your word now.

[@hke.4475]

Ironic an indian commenting this which ranks lower in pmi and hunger index than Pakistan

[@akashpatel8410]

@@hke.4475 and you believe that stupid report 🤣

[@VMRDY]

@@akashpatel8410 They believe in a stupid book called “Quran”, believing a stupid report is not a big deal for them.

[@thomaskagwa9983]

Hi, I am from Nairobi Kenya. I appreciate and follow your insights about the economic performance of different countries from around the world. I request that you prepare a video on the rising economy of Kenya, would be a real eye opener. You have a lot of fans over here.

[@erickariuki9065]

I would really love to see a video of KENYA

[@isaacngatia8749]

I would love to see one too

[@AlphaGamingWorld]

Why a Arshad sharif killed in Nairobi Kenya

[@AlphaGeekgirl]

Just 30 seconds in, and China’s Belt and Road initiative is mentioned. I can’t help but think that there is a connection between Pakistan and Sri Lanka going down the gurgler.

[@kuljeetsingh9]

I love how racist these foreign reports are.. they would readily report on Pakistan's involvement in 9/11 but completely ignore 26/11 and other terror attacks originating from pakistan towards India. They would then complain why India doesn't follow their line on other matters.

[@achannelforargumentssake]

Lol. Nobody complains because nobody is thinking about you. You are an unloved FOB, forever condemned to being that way.

[@आपकापिता]

true

[@JustAPokemonCommentingOnVideos]

white people ☕

[@Godsen5]

The fact that Pakistan resulted being pretty resilient to the sanctions of the 90s, even in middle of a regional economic downturn, makes me wonder about the effectiveness of sanctions. A video about the main cases of international sanctions and their economic effects on the sanctioned nations in the last 40/50 years, would really be a great topic do treat for EE

[@rutvikrs]

The video misses the fact that Pakistan was funded by multiple bailouts. In the time period you are talking about, the Saudis footed Pakistan's bills in exchange for state acceptance of Wahabisation creating the next wave of Taliban fighters.

[@bloodsoccer1012]

@@rutvikrs also, foe past few decades, Pakistan has been literally kept alive on US aids.

[@rutvikrs]

@@bloodsoccer1012 wrote a summary in my own comment. Have a read.

[@friendlyatheist9589]

@@rutvikrs pakistan also profited by fake indian currency but since demonization happened they lost one source of their income

[@shrayesraman5192]

​@Rutvik What the children of the brave Mujahideen were taught in the Saudi funded Pakistani madrasas is directly what created the taliban

[@heyaswinp]

The thing that in 75 years no prime minister has been able to complete his 5 tear stint either due to political turmoil or assassination is bonkers.

[@alphasubscription6741]

You sound more competent and professional than the economic and finance team in the current govt. Simple answer is that the present govt needs to slashed out permanently as their entire focus is on corruption. Pakistan was thriving in the era of Imran Khan with a 5.7% GDP growth rate projected for 2022 when he was removed in a military civilian foreign coalition coup. Pakistans are fed up of these crooks and first thing they want is them out of power. Certainly Pakistan has the capability to recover from this crisis. Your research is spot on and very impressive. Please transfer some sense into the govt as well.

[@SB-ck7jv]

Bro you do realize Pakistan is being run on IMF terms. Even if Imran khan or who so ever comes in power, the situation would be same since none of them would be allowed or will be able to make their own choices. They all would be following IMF terms. So please stop with the nonsense that Imran khan would miraculously save Pakistan or that he is some sort of saviour, makes you look like you're a cult member.

[@legend9646]

Finally someone sensible who used correct map of our peaceful, most developed, secular,rich neighbour pakistan

[@maktakjaklak6790]

Ladakh is in chian tho pajeet

[@legend9646]

@@maktakjaklak6790 real ID se aa mulle

[@prajwalbharambe343]

@@maktakjaklak6790 terror abdul

[@ordinaryperson-my7qr]

It's not even the correct map tho, it's a India centric map, Which is a intresting decision when making a video on Pakistan's issues tbh But i guess he doesn't know much about bo rder issues between them Which is understandable (Who cares anyways about dumb borders stuff)

[@gaoxiaen1]

@@ordinaryperson-my7qr Pakistan's leaders are more than happy to change the map for US dollars or gold.

[@first6969]

When Karma Is Far Far Stronger Than Kalma...

[@mitch.mac01]

I disagree with the placement of canada on the EE leaderboard however i still love this channel

[@PLuMUK54]

My friend has just returned from a business trip to Pakistan. He was raised there, so knows a lot about the corruption in the country. He was shocked, however, by how much more widespread it is and by the cost. Wherever he went, it was necessary to "put sugar on the plate" to achieve even the simplest transaction. He calculated that bribery added a minimum of 50% to most of his business, and in a couple of cases, it was over 90%. As a result of this, he has begun the process of closing down his business connections in Pakistan. He will not be alone in this. The country needs to deal with the issue of corruption, but this will be unlikely to happen because those with the power to stop it are also the ones who benefit the most.

[@utkarshgupta402]

A video on ai impact on the economy is needed.will it lead to mass unemployment and a rise in wealth inequality or a better future for all??

[@GYI5U]

The washing machine vs Internet video goes into it a bit.

[@nikolaysargsyan6349]

My take is that it will lead to a much better future for the part of humanity that will survive the conflict and instability caused by unemployment raise and wealth inequality as automation will proceed to narrow unskilled and low skill job market. Kinda like during the industrialization era, but on a global and most likely more brutal scale. Edit: If the cost of labor doesn't drop so much that automating further just becomes economically unsustainable, of course.

[@human6729]

For sure it will automate and less jobs will come

[@casioak1683]

It benefits countries with small population growth.. or even negative population growth like Japan. But it would cause serious problem for countries with big populationm

[@daa7241]

I'm Indian so this may be a little biased. They did good that time coz of usa aid. Pakistan was providing bases and other things for Afghanistan war. Main problem was their army and leaders are corrupt. Hardly any industry other than textile setup which may contribute to gdp. And textile is getting big competition from Bangladesh. They will default as they still not doing what is need of hour. You can still hear news like a govt officer's daughter receiving $4.6 million in wedding gift. With aid etc they are only extending the default.

[@priyadarshi8548]

He does not talks about political reasons Only looks at stats and figures which is obviously insufficient

[@coldfraps]

Dear EE, I love your videos and i am in economics myself. But i can't help to notice that you have done both Norway and Sweden but not Denmark. I would really like to have Denmarks economics explained and ranked against its neighbours. but otherwise I love your videos and watch them all. keep it up!

[@priteshpatil5363]

Bro , Pakistan has sought assistance from the International Monetary Fund (IMF) 25 times since gaining independence in 1947...what kind of analysis this is

[@zezomohamed9750]

pakistan's economy and the crisis it is going through are very similar to the situation in my country Egypt but we are going through worse conditions . I hope to know your opinion about the situation in egypt ,the currency crisis and the failing economic situation we are going through

[@victordashmohapatra3546]

atleast egypt can leverage its geography for good. imagine making it tax free like dubai or singapore.

[@zezomohamed9750]

@@victordashmohapatra3546 We have all the ingredients that allow us to advance our country. We have an excellent location, tourist sites, and monuments of our civilization. We have mineral wealth, gas fields, and labor hands as well. We have millions of workers abroad and people with expertise. Unfortunately, we are ruled by military rulers who think only of their interests.They impoverish the people, humiliate them, and imprison the opponents only.

[@victordashmohapatra3546]

@@zezomohamed9750 don't fall for western propaganda, today Egypt would have been like Iraq,Iran,Kuwait without military rule, they stopped Arab Spring and Radicalization , America would have been sitting on ur oil field, Panama Canal was invaded, so would be Suez.

[@sansdents7559]

​@@zezomohamed9750Same situation in Algeria.

[@ShanAli-ke2cg]

Finally a video on my Homeland, but not on a topic that we are proud of ... But Lets hope for a better future.

[@hke.4475]

@Detective Conan why are indians obsessed with pak army

[@phanta_rei2910]

@Detective Conan It reminds me of a probably apocryphal quote by Voltaire: "Where some states have an army, the Prussian Army has a state."

[@JatinPlaysYT]

Ur future is nil, and same as ur country, but still saying kashmir is ours 🤔

[@RealCherry8085]

@@JatinPlaysYT Its mostly children of elite Pakistanis Abroad, who cry Kashmir, palestine everywhere, they have to do this so that their parents can fool average pakistani and make money of them.

[@Justin_Why]

Future has no meaning in Pakistan

[@pronabpaul9427]

Thanks for using the correct map of Pakistan

[@zainahmed6134]

Look carefully. He doesn't give that area to India either, it's separate borders. He made Kashmir an independent country.

[@HyperMODX]

​@@zainahmed6134not independent but a disputed region

[@abhijeetshetty5950]

Pakistan will not become next sri lanka but next afghanistan. This is a big worry for India.

[@tenaciousbeagle5513]

Please do a video on the current controlled rolling blackouts South Africa is going through and how it, corruption, and energy generation monopolies affect the economy. I'm from South Africa, and things are pretty bleak right now. Great video!

[@Truther945]

Is it true theres a genocide against the farmers there currently?

[@tenaciousbeagle5513]

@Truther Yes, it's been an ongoing situation for about a decade now. Unfortunately, the media isn't covering it as heavily as they used, but it's still happening. Energy and food security is a major problem the country faces as there's fewer and fewer people working in the agricultural industry, the effect of rolling blackouts(we call these black outs Load-shedding) on the agricultural industry as well as another failing State Owned Enterprise called Transnet which is in control of the transport of goods around the country, from ports and such. A few months ago, Transnet workers went on strike for higher wages, and negotiations went terribly. If workers didn't return soon, the country would have started experiencing fuel and petrol shortages. There's a myriad of problems South Africa is facing. And with the government cozying up to Russia and clearly not condemning the Ukraine invasion, South Africa will be punished futher for this, and we average citizens will feel the brunt of it.

[@gaoxiaen1]

No hope for SA aslong as it cooperates with Russia and the PRC. I'm sorry that the USA pushed disvestment in SA.

[@saminishraq6663]

Would love to know your take on the Economy of Bangladesh which has similar characteristics to Pakistan but has been shown to be much more resilient.

[@s9ka972]

Bangladesh don't spend much on defence. More over Bangladesh 🇧🇩 have more access to Indian Market and free access to cheap Indian products . Also Bangladesh is comparatively safer than Pakistan due to the lack of Taliban threat

[@JitzyJT]

@@s9ka972 the Taliban who broken the shackles of slavery?

[@pavkamZ]

I am interested in a video about Capitalism in the era of potential full automation. How can capitalism function when the concept of Job = Money is no longer a given. Thanks for the great content!

[@FeedMeSalt]

It's a total myth. Full automation will never exist, the skilled job market will increase though. The day full automation exists is the day humans no longer need to work at all. And it will be the death of such things as "jobs" anyone does for any reason other then desire.

[@stephaneg.8623]

How is the concept of job=money being threatened by automation? What do you mean by full automation exactly? Regardless...capitalism isn't a construct, it doesn't depend on any rules we make as humans, capitalism is the name we give to the natural survival of people so we can study it and not mess with it more than necessary. I.e. capitalism is always there, no matter how much you try to restrict it with laws & regulations. Automation is just "tools", and tools always increase efficiency, which leads to a higher standard of living for all humans, plus some byproducts from the changes introduced, mainly environmental impacts and social impacts, which we then try to engineer away or limit with laws and regulations. In short Capitalism will be fine, but I'm thinking your question is more about social structure and people than about capitalism??

[@kockorzo]

If you are asking a question, you ought to make it so that even a monkey can understand; as otherwise you are the monkey.

[@prajwal9544]

​@@stephaneg.8623Fail. Just rethink everything but imagine a world where AI will be able to do all you can and adapt and do newer jobs faster. Capitalism may still function but you are way underestimating what is to come

[@neeljavia2965]

@@prajwal9544 AI can never replace humans.

[@mhrali1834]

Your vedio is so informatic but speed of delivering info is so fast and I am unable to understand some points

[@amritanand7884]

I feel so sad for your channel there are many comedy and non educating channel that are getting millions of views but you are spreading knowledge still having lesser views keep growing

[@goldengold8568]

13:22 I think you left out the impact of USA pulling out of Afganistan. US dollars are being smuggled out of Pakistan into Afganistan. Previously it was the opposite. 14:14 "3 exchange rates..." That was old news. On 26 Jan 2023 the government announced free float exchange rate.

[@ih8people]

Would be interesting to see how Latvia and the rest of the Baltic states fare compared to Pakistan. We don't have much industry either, and as a relatively small and low population country, we aren't as advanced as the rest of European economies. But people from Central Asia still often come here for education as it's quite cheap and good enough to be competitive across the EU.

[@stevenseagull3867]

Its not even comparable at this point in history. It would look like comparing a university graduate with a first year highschooler.

[@gaoxiaen1]

@@stevenseagull3867 True. Russians are uneducated even after they graduate university, just brainwashed.

[@stevenseagull3867]

@@gaoxiaen1 who is taking about russians?

[@khanfauji7]

Thanks for doing this video. Don’t see Pakistan covered by too many channels.

[@utkarshat3]

Kudos to EE for making such a good, exploratory analysis and having a perfect sum up of the economic situation in Pakistan; without showing any flashy news headlines. Also, extra cookie points for getting the Pakistani map roght!

[@mbizo86]

Probably an apt time for a video on Zambia 🇿🇲. Lots of parallels to be drawn on currency and foreign debt, including the Chinese angle.

[@abhishekjena4005]

You used the correct maps 🙂. It's nice to see the correct map is being used by your channel.

[@ion8264]

Same I gave him like too😂

[@redfordrn]

Kashmir is also NOT shown as part of your India. There is a grey line separating ENTIRE Kashmir from both India and Pakistan. Its a wrong map. Just this person's own personal belief. But anyway it does not show Kashmir as Part of India either. Look closely.

[@Itakebigcraps]

Kasmir is pakistan

[@ion8264]

@@Itakebigcraps your opinion doesn't matter

[@ultraali453]

You forgot to explain how growth in Pakistani economy almost always coincided with foreign aid due to American military campaigns in Afghanistan. Pakistan has been in trouble since the Americans left.

[@SD-vs4wx]

When your nation's motto is we'll eat grass but still have nukes it's unsurprising

[@kockorzo]

I find myself befuddled, that is not a ‘motto’ of detriment. Do you have clouds for brains or are your eyes in cloud?

[@SirDennisReynolds]

If India hadn't made nukes then Pakistan would not have made them. The two things are not related at all, not having nuclear weapons was an existential question especially considering how hostile India is towards Pakistan.

[@jj5302]

🤣🤣🤣 ¼ kilo ka atom bomb to bana liya 🤣🤣 abhi ghaas khane ki baari bro....😂

[@whysoserious7553]

​@@SirDennisReynoldslol india is hostile towards pakistan? Pakistan started 4 wars with india

[@anemoxxa]

gov* omd

[@mrkiba1781]

proud to be Bangladeshi 🇧🇩🇧🇩🇧🇩

[@VMRDY]

@4wLife Thankfully, not anymore. 😉

[@Shubham8839]

You won my like in the first second itself by showing the correct map of Pakistan.