The Failing Economy of Pakistan | Economics Explained

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Economics Explained

Economics Explained

Күн бұрын

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Pakistan's economy has recently come under pressure due to high levels of debt, currency devaluation, floods, and high prices for imported food and energy. So how bad are things likely to get and what are the possible solutions?
0:00 - 3:34 Intro
3:35 - 5:49 Emerging market debt
5:50 - 6:45 Advanced economies
6:46 - 7:50 Pakistan's vulnerability
7:51 - 11:00 Asian financial crisis
11:01 - 12:00 Pakistan's previous resilience
12:01 - 14:46 Why Pakistan is struggling today
14:47 - 17:00 Solutions
17:01 National leaderboard
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The Economic Explained team uses Statista for conducting our research. Check out their KZbin channel: / @statistaofficial
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Пікірлер: 4 400
@EconomicsExplained
@EconomicsExplained Жыл бұрын
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@zakirhussainkhokhar5127
@zakirhussainkhokhar5127 Жыл бұрын
PAKISTAN'S map is misrepresented. Additionally Food crisis happen due to recent flood in the country's rural agricultural land. Standing crop fell.
@luciferjohnson8495
@luciferjohnson8495 Жыл бұрын
The map is incorrect
@zakirhussainkhokhar5127
@zakirhussainkhokhar5127 Жыл бұрын
@@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
@zakirhussainkhokhar5127 Жыл бұрын
Country with lazy and complainants always shrink. Only innovative and of creative mindset prosper.
@theholiday3836
@theholiday3836 Жыл бұрын
Always wanted you to do a video about Pakistan but a bit positive one. But then not much positive things about it
@rakeshv.
@rakeshv. Жыл бұрын
Fun Fact: Not even a single Pakistani prime minister has ever completed their term.
@zaheerwaqas8760
@zaheerwaqas8760 Жыл бұрын
Thanks for informing 😂
@mahdh_
@mahdh_ Жыл бұрын
Sounds like the Defense against the Dark Arts post in Hogwarts
@rayhankhan8992
@rayhankhan8992 Жыл бұрын
nawaz sharif?
@sunainamishra3052
@sunainamishra3052 Жыл бұрын
@@rayhankhan8992 no.. even he didn't cover
@kaafikaandi
@kaafikaandi Жыл бұрын
@@mahdh_ 😭😂😭😂
@emmanuelmacron2438
@emmanuelmacron2438 Жыл бұрын
Asking for loans is halal, but repaying them is haram as per PM of Pakistan.
@widodoakrom3938
@widodoakrom3938 Жыл бұрын
Lol
@Sudeep.Manerkar
@Sudeep.Manerkar Жыл бұрын
Lol
@shahbaz199X
@shahbaz199X Жыл бұрын
wassup Satan 😂
@pkpkings
@pkpkings Жыл бұрын
😂😂😂
@dazzlingcoaching6264
@dazzlingcoaching6264 Жыл бұрын
@@shahbaz199X wassup rakshas 😂😂😂😂😂
@MatgorzataZielinska
@MatgorzataZielinska Жыл бұрын
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@Windarti30
@Windarti30 Жыл бұрын
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@AnnaFed015
@AnnaFed015 Жыл бұрын
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@WiolciaMrozowska531
@WiolciaMrozowska531 Жыл бұрын
This is amazing because just googled his name and I saw his resume, Its very impresive i count myself lucky for seeing this comment sec-tion.
@AcaradaRiquezaHUB
@AcaradaRiquezaHUB Жыл бұрын
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@CharlesBWillz
@CharlesBWillz Жыл бұрын
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@trazzpalmer3199
@trazzpalmer3199 Жыл бұрын
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
@graceocean8323 Жыл бұрын
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@tampabayrodeo2474
@tampabayrodeo2474 Жыл бұрын
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@graceocean8323
@graceocean8323 Жыл бұрын
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@hannahdonald9071
@hannahdonald9071 Жыл бұрын
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@tampabayrodeo2474
@tampabayrodeo2474 Жыл бұрын
@@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.
@prateeksharma6706
@prateeksharma6706 Жыл бұрын
*KZbinr :- mentions pakistan* Gets views from pakistan *Mentions its failing* Gets views from India *KZbinr :- stonks📈*
@widodoakrom3938
@widodoakrom3938 Жыл бұрын
Lol
@megha8783
@megha8783 Жыл бұрын
😂😂😂
@gamermomment2050
@gamermomment2050 Жыл бұрын
Funny that graph looks like Pakistan map geographically.
@DoctorIdeopathic
@DoctorIdeopathic Жыл бұрын
​@@megha8783 Hey Megha How Are You ? Long time baad mile internet pe Kesa raha Tumhara Neet PG ❓
@BlackMambo5
@BlackMambo5 Жыл бұрын
@@DoctorIdeopathic -- Simp Pro Max. 😂
@taterkaze9428
@taterkaze9428 Жыл бұрын
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
@hke.4475 Жыл бұрын
No Brazil's per capita is 3 timer higher not 5 times
@svanimation8969
@svanimation8969 Жыл бұрын
Even natural resources! Even they have there own good amount of oil + they use 85 % ethnol blend flex engine's
@whysoserious7553
@whysoserious7553 Жыл бұрын
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
@OkarinHououinKyouma Жыл бұрын
@@hke.4475 3x is still A LOT
@gsnayak06
@gsnayak06 Жыл бұрын
every one over estimates Pakistans stollen nuclear prowess. Bluff will be called soon and you will see Pakistan align more with Sudan and Afghanistan
@ishanp2514
@ishanp2514 11 ай бұрын
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
@rahimnawab5991 7 ай бұрын
I am curious as to why you think that?
@AKumar-co7oe
@AKumar-co7oe 6 ай бұрын
No PM ever completed term, military making economic policy, diapers, cement@@rahimnawab5991
@NovelTuber
@NovelTuber 6 ай бұрын
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
@ishanp2514 6 ай бұрын
@@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
@legendaryhound5261 3 ай бұрын
​@@NovelTuberabsolutely wrong, Pakistan's economy runs bcz of its black economy which is greater than its formal economy
@i-z-g3317
@i-z-g3317 Жыл бұрын
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
@s-qc9ns 23 күн бұрын
Army rule mei ye hi hota hai.
@midnightflare9879
@midnightflare9879 Жыл бұрын
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
@JK-mp1mg Жыл бұрын
I'd argue that just kicks the can down the road so that future idiots are slightly more punished.
@someonejustsomeone1469
@someonejustsomeone1469 Жыл бұрын
Permissive society in a nutshell.
@fatboyRAY24
@fatboyRAY24 Жыл бұрын
Well if your tail risks are covered then you can act as stupid as you want without risk of ruin.
@TriNguyen-he7xk
@TriNguyen-he7xk Жыл бұрын
@@JK-mp1mg source?
@abellyold4859
@abellyold4859 Жыл бұрын
"Luck is a superpower." Quote from Deadpool movie.
@greenearth9945
@greenearth9945 Жыл бұрын
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
@hke.4475 Жыл бұрын
Turkey currently has a inflation rate of 100%
@zetaforever4953
@zetaforever4953 Жыл бұрын
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
@whysoserious7553 Жыл бұрын
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
@echosmith5256 Жыл бұрын
​@@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
@rahulvats95 Жыл бұрын
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.
@taufiqulhuque5719
@taufiqulhuque5719 Жыл бұрын
What a wonderfully objective account! Negative and positive aspects explained clearly, like a good professor. I learned a lot.
@rbuddy1499
@rbuddy1499 Жыл бұрын
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.
@anay5142
@anay5142 Жыл бұрын
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
@kockorzo Жыл бұрын
‘Indirectly getting dollars’, mate what?
@HiteshBhagatGameTech
@HiteshBhagatGameTech Жыл бұрын
@@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
@karthikkr93 Жыл бұрын
@@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
@sharequsman596 Жыл бұрын
Actually most of the money was form china at that time
@007_Sun_Tzu
@007_Sun_Tzu Жыл бұрын
Very well compiled comment 👍
@ajm.3221
@ajm.3221 Жыл бұрын
the unhealthy influence of military on each and everthing makes the matters worse.
@barrybolton1396
@barrybolton1396 Жыл бұрын
More like religion
@krishnkant9477
@krishnkant9477 Жыл бұрын
@@_hunterz_ Of course because of religion.
@adamcetinkent
@adamcetinkent Жыл бұрын
​@@_hunterz_ British?
@kravenOG
@kravenOG Жыл бұрын
​@@krishnkant9477 nope not religion biased
@kerambimcil1998
@kerambimcil1998 Жыл бұрын
No slims country can be rich without natural resource, they are just too dumb.
@Steve_Gates
@Steve_Gates Жыл бұрын
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."
@m9nabil123
@m9nabil123 Жыл бұрын
Yes thousand cuts you are right… but not to the innocent indian.. to those who are responsible for what ever bad happening in kashmir… and whole world knows that what Indian army is doing with innocent kashmiris.
@akkr3548
@akkr3548 Жыл бұрын
​@@m9nabil123 you smoking pork sh*t ?
@8hieboi
@8hieboi Жыл бұрын
​@@m9nabil123 what is happening with kashmiris ??
@mihirojha4475
@mihirojha4475 Жыл бұрын
​@@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
@m9nabil123 Жыл бұрын
@@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
@utkarshat3
@utkarshat3 Жыл бұрын
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!
@sudeep71195
@sudeep71195 Жыл бұрын
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
@hamzamehmood1976 Жыл бұрын
No aid only debt was given by US and China
@nightking8490
@nightking8490 Жыл бұрын
Agreed
@Normalguy1690
@Normalguy1690 Жыл бұрын
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
@guydreamr Жыл бұрын
@@Normalguy1690 Agreed, good insight.
@meetadi4u
@meetadi4u Жыл бұрын
I thought to write the same some 20+ billion came after 2000s
@Creative___Mind
@Creative___Mind Жыл бұрын
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
@Theactualstoic Жыл бұрын
Investor??? there was $0 of investment in Pakistan since a decade. Only investment was chinese loans which are all defaulted
@zachweyrauch2988
@zachweyrauch2988 Жыл бұрын
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
@LVArturs Жыл бұрын
@@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
@hke.4475 Жыл бұрын
@@Theactualstoic nah pakistan gets 3 billion of investments per year
@abdusqamar9667
@abdusqamar9667 Жыл бұрын
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.
@theodormller1024
@theodormller1024 Жыл бұрын
You should make a video about the danish economy, would be very interesting. Its very interesting economy with a lot of "Cleanteach" companies like Vestas and other companies like Grundfos, aswell as major medicinal companies like Novo Nordisk, aswell as major shipping firms like Mearsk. Very interesting video about Pakistan, keep up the good work
@saitama2508
@saitama2508 Жыл бұрын
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
@JustAPokemonCommentingOnVideos Жыл бұрын
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
@drscopeify Жыл бұрын
@@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
@myselfyuvi Жыл бұрын
@@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
@JustAPokemonCommentingOnVideos Жыл бұрын
@@drscopeify didn't pak declare bankruptcy recently??
@arungupta3838
@arungupta3838 Жыл бұрын
@@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)
@hassaanbukhari517
@hassaanbukhari517 Жыл бұрын
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
@OkarinHououinKyouma Жыл бұрын
It won't happen in Pakistan's case because it's people are blinded by religion, which has entered all areas of life.
@divya9951
@divya9951 Жыл бұрын
You are talking about army and isi Right But it tooo late
@whysoserious7553
@whysoserious7553 Жыл бұрын
Yaa you're right still Pakistanis belives they're powerful than India
@rohitkashyap1051
@rohitkashyap1051 Жыл бұрын
Deen par dhyyan do.....duniya par nahi
@MythicEcho
@MythicEcho Жыл бұрын
Are you wanting for someone to say - let them eat cakes?
@Secur3Squad
@Secur3Squad Жыл бұрын
Respect for showing the exact map of Pakistan
@zainahmed6134
@zainahmed6134 10 ай бұрын
Look closer. It's not part of India either. He made Kashmir independent.
@rishabhsingh6023
@rishabhsingh6023 10 ай бұрын
@@zainahmed6134 thats why he said for pakistan alone 😂😂
@duncanfarrelly7039
@duncanfarrelly7039 Жыл бұрын
I'd love you to do a detailed analysis of South Africa, taking into account regional differences and the changes over time of those regions, the effects of rolling blackouts, political situation, investment, tourism, etc.
@john_doe_not_found
@john_doe_not_found Жыл бұрын
My takeaway from this is that as bad as Pakistan is, it still ranks higher than Brazil on the EE leaderboard.
@magivkmeister6166
@magivkmeister6166 Жыл бұрын
That's not saying much is it
@Ghost_Riley...............3247
@Ghost_Riley...............3247 Жыл бұрын
*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
@yoppindia Жыл бұрын
that is unfair, brazil has so much natural resource.
@svanimation8969
@svanimation8969 Жыл бұрын
@@yoppindia that's what I'm thinking!
@timon3370
@timon3370 Жыл бұрын
Cisco
@EhteshamShahzad
@EhteshamShahzad Жыл бұрын
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
@vikas776 Жыл бұрын
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
@randmht9976 Жыл бұрын
Exactly. Not to mention the most Radicalised Population on earth & increase in Terrorism.
@whysoserious7553
@whysoserious7553 Жыл бұрын
Dude u must be few pakistanis that still has brain
@kazimhussain9366
@kazimhussain9366 Жыл бұрын
@@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
@gsnayak06 Жыл бұрын
@@vikas776 He is indeed a Pakistani, troubled when his country is rated above Turkey :D
@SachinathSivananthan
@SachinathSivananthan Жыл бұрын
Hi, I'm from Malaysia. It would be great to have a video on the economics of Malaysia. Lately there has been a lot of talk about our high debt situation, income inequality, low wages & being stuck in the middle income trap. It would be amazing to have an unbiased breakdown of the whole situation from your team . Thank you
@user-qwertyuiopasdfghj
@user-qwertyuiopasdfghj Жыл бұрын
And racism
@delinewine
@delinewine Жыл бұрын
literally been waiting for a video like this since ages
@owaistariq9994
@owaistariq9994 Жыл бұрын
As a Pakistani I'm surprised with the ranking on the leaderboard. I think its optimistic to say the least 😅
@Leon-pn6rb
@Leon-pn6rb Жыл бұрын
Typical American naivety
@roberthiggins8234
@roberthiggins8234 Жыл бұрын
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
@roberthiggins8234 Жыл бұрын
@@Leon-pn6rb Hes not American
@ichbinein123
@ichbinein123 Жыл бұрын
@@Leon-pn6rb EE is Australian, mate.
@monakandari6160
@monakandari6160 Жыл бұрын
@@Leon-pn6rb No, His Accent doesn't sound American
@whitedemon8953
@whitedemon8953 Жыл бұрын
Once a great man said, "Beggars can't be choosers". And everyone felt that.😵
@rafaykhanyousefzai
@rafaykhanyousefzai Жыл бұрын
Once a great man said, "Tea is fantastic". Everyone felt it.
@Sherlock289
@Sherlock289 Жыл бұрын
@@rafaykhanyousefzai2 F-16 shotdown was fantastic
@randomchess7044
@randomchess7044 Жыл бұрын
@@rafaykhanyousefzai Yeah now the same tea is expensive, Go have sattu.. Btw 93000 porki surrender was 1000 times more shameful than Abhinandan surrender
@rewawaleparth64
@rewawaleparth64 Жыл бұрын
@@rafaykhanyousefzai bill of 93000 tea cups ☕ are still pending 🗿
@frustratedpanda212
@frustratedpanda212 Жыл бұрын
@@rafaykhanyousefzai lol, 93k surrender is fantastic, Bangladesh is fantastic. Try one more time, Balochistan will be even more fantastic 🗿
@xzeroangelx
@xzeroangelx Жыл бұрын
As always very clear, easy to understand, and entertaining. Thank you. Also a hail-Mary suggestion: Colombia and how 60 years of insurgency, the drug war, and instability yet a pretty decent economy on the possible rise with new peace deals. You’d make my day.
@AmrXcellent
@AmrXcellent Жыл бұрын
Great video as always... very similar situation going in Egypt. if you would want to consider it for a video and add it to your leaders board.
@superbro1476
@superbro1476 Жыл бұрын
Should have covered their PM's motto "Beggars can't be choosers" 💀
@jj5302
@jj5302 Жыл бұрын
shehbaj - me mangne nahin aaya hu par majhburi he....🤣🤣🤣🤣
@myselfyuvi
@myselfyuvi Жыл бұрын
Govt: Forget Chai and drink Sattu🤪✌️
@hassantech1862
@hassantech1862 Жыл бұрын
@@myselfyuvi Drink cow pee is also Good option for Hindus 🙏
@619ry7
@619ry7 Жыл бұрын
@@myselfyuvi "tea is expensive" - average Paxtani
@Eddy-Cool
@Eddy-Cool Жыл бұрын
way way way better than being Balaaatkaris! get it, balaaatkari?
@rafadalcin4526
@rafadalcin4526 Жыл бұрын
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
@VMRDY Жыл бұрын
Agreed.
@MP-ut6eb
@MP-ut6eb Жыл бұрын
Growth? Of what?
@mariothibau1070
@mariothibau1070 Жыл бұрын
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
@Best-um3eq Жыл бұрын
@@mariothibau1070 population matters. Pak can get billions tommorow if its population started donating.
@anantasheshanaga3666
@anantasheshanaga3666 Жыл бұрын
@@MP-ut6eb Inflation.
@MotiurRahman-ou7dm
@MotiurRahman-ou7dm Жыл бұрын
This is why we Bangladeshi separated from being a part of this cursed Nation... As a son of Bir Mukti Joddha ( freedom fighter ) it's a pleasure to see the current situation of Porkistan...
@gouthamsudheer2080
@gouthamsudheer2080 Жыл бұрын
Pakistanis are Paying today for what they did to the Bangladeshis back in the 1960s and 1971.
@VMRDY
@VMRDY Жыл бұрын
I wish to see how Pakistanis feel when the countries which they used to be a part of are and wanted to separate from are doing way better than they are.
@GeoBlits
@GeoBlits 20 күн бұрын
@@gouthamsudheer2080 Ey cmon I didn't do any of that :(
@GeoBlits
@GeoBlits 20 күн бұрын
@@VMRDY I feel good ngl.
@samkeino6810
@samkeino6810 Жыл бұрын
Nice video. I actually learned a thing or two!
@mdmzr6512
@mdmzr6512 Жыл бұрын
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
@saulgoodman1046 Жыл бұрын
USSR is our last hope!!
@yashrajdixit4412
@yashrajdixit4412 Жыл бұрын
Only if ur government did not fund terrorism and had not been a slave to china it would have been better.
@ArmageddonIsHere
@ArmageddonIsHere Жыл бұрын
Look on the bright side. It could have been worse; you could have been living in Pakistan!
@yashrajdixit4412
@yashrajdixit4412 Жыл бұрын
What could have been more worse is that there wouldn't be a country called pakistan
@markmccullough5873
@markmccullough5873 Жыл бұрын
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.
@ahib0x
@ahib0x Жыл бұрын
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
@buttofthejoke Жыл бұрын
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
@jim2376 Жыл бұрын
"ever since Pakistan has been freed the army and establishment has always been corrupt" Yep! This is well known.
@pm6127
@pm6127 Жыл бұрын
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
@kazj1728 Жыл бұрын
Pakistanis discussing politics! Wow!! Please tell us more! 😂
@ahib0x
@ahib0x Жыл бұрын
@@kazj1728 I dunno man... we're fked up, that's for sure tho.
@aftabhussain24
@aftabhussain24 Жыл бұрын
Very well researched and informative video. Nice 👍
@AR-ox6ln
@AR-ox6ln 11 ай бұрын
You guys ignored the fact that Pak collapsed after Indian demonetization. It means only one thing that their economy was running because of Indian currency they printed illegally.
@kaustubhumak8504
@kaustubhumak8504 Жыл бұрын
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
@anemoxxa Жыл бұрын
wish they didnt seperate tbh, a united india would've been a game changer
@friendlyatheist9589
@friendlyatheist9589 Жыл бұрын
@@anemoxxa lol more maleech ? no
@deepblue3682
@deepblue3682 Жыл бұрын
@@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
@widodoakrom3938 Жыл бұрын
Make sense
@overlord2066
@overlord2066 Жыл бұрын
​@@rnayabed islamists are still in india
@cspaliwal_
@cspaliwal_ Жыл бұрын
India looking at all its neighbours fall like dominos: 👁️👁️ . 👄
@manik6621
@manik6621 Жыл бұрын
bro its depressing , we are surrounded by bankrupt nations ...! Millions of bangladeshis refugees are already living illegally in india ....!
@svanimation8969
@svanimation8969 Жыл бұрын
@@manik6621 yeah it's actually not good ! 😢! Refuge Crisis and all these small thing's gonna big in future
@svanimation8969
@svanimation8969 Жыл бұрын
@@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
@OkarinHououinKyouma Жыл бұрын
The question is, how India is gonna navigate thru this crisis in the subcontinent?
@BruceWayne-qe7bs
@BruceWayne-qe7bs Жыл бұрын
@@OkarinHououinKyouma India have forking high taxes. Have one of the highest LPG and fuel prices.
@mhrali1834
@mhrali1834 11 ай бұрын
Your vedio is so informatic but speed of delivering info is so fast and I am unable to understand some points
@yotoronto12
@yotoronto12 Жыл бұрын
You should definitely do Bangladesh; despite being in the same region, both being once in the same country twice, and both having faced a lot of the same challenges, Bangladesh's economy seems to be much more prosperous, stable, and rapidly growing the point its the richest South Asian country on GDP per capita level (nominal) despite being one of the poorest in the world not that long ago. It would definitely give better insight into how a country might industrialize and take advantage of the cards given to it. Given that, historically, it was one of the largest economies 500 years ago and it was the source of majority of exports within Pakistan when it was apart of Pakistan pre 1971 it might be very compelling to get further analysis especially as lots of people see it as the next Vietnam.
@crazyindianlife1584
@crazyindianlife1584 Жыл бұрын
There was no Bangladesh 500 yrs ago
@yotoronto12
@yotoronto12 Жыл бұрын
In the context of Bengal Sultanate and province of Bengal back then. In the same way current Communist China didn't then despite the presence of the Ming Dynasty.
@Chopper153
@Chopper153 Жыл бұрын
Bangladesh's biggest problem is it's unreliable data on GDP and other metrics. BBS data is questionable. Otherwise, it's a far bigger success than failed states like Pakistan and the two shouldn't be compared.
@johntresca8531
@johntresca8531 Жыл бұрын
Shri Lanka has a $3,293 GDP per capita, Maldives even better, there are lot of south asian countries who have bigger nominal gdp per capita than Bangladesh
@mac.505
@mac.505 11 ай бұрын
​@John Tresca on the contrary it's economy is in a crisis
@turnerjmulletboy
@turnerjmulletboy Жыл бұрын
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
@shariqhasan6220 Жыл бұрын
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
@darkace0387 Жыл бұрын
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
@namaan123 Жыл бұрын
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
@raviv3398 Жыл бұрын
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
@avisekroy4937 Жыл бұрын
Which country are u from ??
@SOUVIK_RAY_
@SOUVIK_RAY_ Жыл бұрын
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
@hke.4475 Жыл бұрын
Feed its people or army are you forgetting yesterday was the anniversary for tea is fantastic
@rameenaayan3248
@rameenaayan3248 Жыл бұрын
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
@akashpatel8410 Жыл бұрын
@@hke.4475 tea is expensive 🤣🤣cope beggar
@sarants4488
@sarants4488 Жыл бұрын
@@hke.4475 and what's the price of tea now in pakistan....
@whatevertrends3627
@whatevertrends3627 Жыл бұрын
​@@hke.4475 bhool gaya kya pakistani minister ne kya kaha tha aap chai ki piyali kam piye nahi toh aapki maa behen ho jaegi🤣
@John.Rambo09
@John.Rambo09 Жыл бұрын
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
@BeE_AriyaN Жыл бұрын
It's about time😊
@Element67
@Element67 Жыл бұрын
Pok is Indian territory
@nvherman257
@nvherman257 Жыл бұрын
​@@Element67 keep dreaming bro nagaland khalistan will themselves separate
@DarkKnight-db1dy
@DarkKnight-db1dy 10 ай бұрын
@@nvherman257 keep coping harder. Khalistani separatists are falling like a pack of cards just like pakistan economy
@empatil9335
@empatil9335 Жыл бұрын
Pakistan was deeply impacted by India’s demonetization. Pakistan could no longer print Indian rupees and send them to India
@pipipupu5104
@pipipupu5104 Жыл бұрын
What really
@L.K.P_
@L.K.P_ 11 ай бұрын
What?
@Secretlyanothername
@Secretlyanothername 11 ай бұрын
Lol cope
@XX-dq3kx
@XX-dq3kx 11 ай бұрын
Shh don't tell dem
@polarbear7
@polarbear7 11 ай бұрын
​@@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 %
@simonb4689
@simonb4689 Жыл бұрын
I was there in 2009, it was already rough, I can't even imagine now
@abhi1780
@abhi1780 Жыл бұрын
Because of funding terrorism
@shukracharya_
@shukracharya_ Жыл бұрын
@Don't Read My Profile Photo ok
@siddharthaanand332
@siddharthaanand332 Жыл бұрын
​@Don't Read My Profile Photo ok
@okh527
@okh527 Жыл бұрын
@Don't Read My Profile Photo thanks
@marilynlucero9363
@marilynlucero9363 Жыл бұрын
@Don't Read My Profile Photo ok
@SuperSmashDolls
@SuperSmashDolls Жыл бұрын
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
@danielgareth4205 11 ай бұрын
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
@arijitpalit2756 10 ай бұрын
​@@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
@legendaryhound5261 3 ай бұрын
​@@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
@patclark2186
@patclark2186 Жыл бұрын
Every time I watch one of your clips I learn something
@AMSudad
@AMSudad Жыл бұрын
Please do a video about the economy of Bangladesh 🇧🇩
@superbro1476
@superbro1476 Жыл бұрын
Pakistani government should open KZbin channel and ask their population to watch videos of it and earn through ad revenue 😂
@whysoserious7553
@whysoserious7553 Жыл бұрын
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
@rajeshnaik2391 Жыл бұрын
Modern prblms require modern solution😂😂😂😂
@JustAPokemonCommentingOnVideos
@JustAPokemonCommentingOnVideos Жыл бұрын
india can bankrupt youtube if we try this shi lol
@realShikha885
@realShikha885 Жыл бұрын
They should rather ask them to react on it🤣🤣🤣
@rutvikrs
@rutvikrs Жыл бұрын
​@@realShikha885 "most react channels per capita".
@emixmim
@emixmim Жыл бұрын
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
@justinhatvari9092 Жыл бұрын
thanks a lot for the support mate ! :D cheers from Hungary!
@GIGADEV690
@GIGADEV690 Жыл бұрын
Lol free andrew tate Romania guy
@LVArturs
@LVArturs Жыл бұрын
I'm pretty sure they're going nowhere unless they figure out what to do with demography and net migration.
@kirathekillernote2173
@kirathekillernote2173 Жыл бұрын
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
@balabanasireti Жыл бұрын
​@@GIGADEV690 What?
@khanfauji7
@khanfauji7 Жыл бұрын
Thanks for doing this video. Don’t see Pakistan covered by too many channels.
@UniverseGod1214
@UniverseGod1214 7 ай бұрын
A lot of thanks for this video.... Plz share more video about Pakistan Economy... Thank u so much😊
@s9ka972
@s9ka972 Жыл бұрын
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
@friendlyatheist9589 Жыл бұрын
soon india is going to stop the water from jhelum too. lol
@abhinavayush967
@abhinavayush967 Жыл бұрын
@@friendlyatheist9589 don’t worry we will export the water through saudi and uae
@xijinpig8982
@xijinpig8982 Жыл бұрын
​@@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
@abhinavayush967 Жыл бұрын
@@xijinpig8982 seems like internet doesn't know humor .
@aungmyintoo4635
@aungmyintoo4635 Жыл бұрын
​@@abhinavayush967 I got what you mean, but some people in this comment section don't get you 😅
@muhammadnajam1
@muhammadnajam1 Жыл бұрын
Thanks for making a video on Pakistan's economy. Some days back, I requested you for this video.
@dhruvilkumpavat6037
@dhruvilkumpavat6037 8 ай бұрын
Bro actually gave free points in Stability, growth and GDP Total Size, even Switzerland has more than 800B GDP
@user-yc1vy6pt2u
@user-yc1vy6pt2u 11 ай бұрын
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
@abhinav.pandey19
@abhinav.pandey19 Жыл бұрын
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
@hke.4475 Жыл бұрын
Ironic an indian commenting this street shitters yall rank lower on malnutrition and hunger index
@abhinav.pandey19
@abhinav.pandey19 Жыл бұрын
@@hke.4475: Out of atta? Here, have some copium...
@eliteevildarkness5830
@eliteevildarkness5830 Жыл бұрын
😂😂😂
@kratosgodofwar8366
@kratosgodofwar8366 Жыл бұрын
As Indian. I would like to express my opinion in short 1 : obsession with Kashmir and Indian territory 2: funding terrorist , which later started attacking Pakistan 3 growth relying on debt 4 army ( famous saying goes like every nation has army but in Pakistan army has one nation 😂😂😂😂)
@kashmiirr7634
@kashmiirr7634 Жыл бұрын
Obsession with Kasmir? As a Kashmiri what Obsession does pakistan have with us. Its dirty Indians who have an Obsession with us
@kratosgodofwar8366
@kratosgodofwar8366 Жыл бұрын
@@kashmiirr7634 you are clearly not from India , neither Pakistan u have adress of uk , you must be. Child of some Pakistani inherit in Europe 🙂
@zezomohamed9750
@zezomohamed9750 Жыл бұрын
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
@victordashmohapatra3546 Жыл бұрын
atleast egypt can leverage its geography for good. imagine making it tax free like dubai or singapore.
@zezomohamed9750
@zezomohamed9750 Жыл бұрын
@@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
@victordashmohapatra3546 Жыл бұрын
@@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
@sansdents7559 10 ай бұрын
​@@zezomohamed9750Same situation in Algeria.
@pooyazadeh5066
@pooyazadeh5066 Жыл бұрын
Please make a video on Iran. The current true exchange rate ofUSD to IRR was 1 to 600,000 last week and is 540,000 today and still fluctuating up and down. There are a lot of tensions and turmoil in the country.
@royalstory111
@royalstory111 Жыл бұрын
I went to Pakistan and stayed there for 2 years.. Life is hard and people have very limited education.
@rahulvats95
@rahulvats95 Жыл бұрын
The read one book though 👉👈 you know. They say all secrets are there in that one only.
@hiteshadhikari
@hiteshadhikari Жыл бұрын
Islamic jihad and education are like oil and water
@redbaron9029
@redbaron9029 Жыл бұрын
​@@rahulvats95 Is that so? Maybe you got it wrong alll along! Ever given a thought to that?
@harlowida
@harlowida Жыл бұрын
@@rahulvats95 y’all Indians smh you ppl are full of hate and extremism
@rahulvats95
@rahulvats95 Жыл бұрын
@@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.
@thomaskagwa9983
@thomaskagwa9983 Жыл бұрын
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
@erickariuki9065 Жыл бұрын
I would really love to see a video of KENYA
@isaacngatia8749
@isaacngatia8749 Жыл бұрын
I would love to see one too
@AlphaGamingWorld
@AlphaGamingWorld Жыл бұрын
Why a Arshad sharif killed in Nairobi Kenya
@balsafarmers10
@balsafarmers10 Жыл бұрын
Grammarly is what I use. It s very helpful. And I learned a lot from it.
@AlphaGeekgirl
@AlphaGeekgirl Жыл бұрын
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.
@MubashirullahD
@MubashirullahD Жыл бұрын
Thanks for the insight. We've seen how expensive stuff has become. Noodles prices have gone up from Rs 45 to 65
@rahulvats95
@rahulvats95 Жыл бұрын
Noodles are haram.
@vivekanandan5093
@vivekanandan5093 Жыл бұрын
@@rahulvats95 nothing is haram when it is in Pakistan, everything is halal... Esp begging 🤣
@hke.4475
@hke.4475 Жыл бұрын
​​@@vivekanandan5093 street shitters
@ion8264
@ion8264 Жыл бұрын
Out of hundreds of things that are expensive abdul chose noodles.
@prajwalbharambe343
@prajwalbharambe343 Жыл бұрын
@@rahulvats95 gaslight king
@aapkefather1872
@aapkefather1872 Жыл бұрын
Pakistan has one of the most fertile land in the world and one of the youngest large workforce. Sits on the junction of Middle East, India and China. Had it not embraced radical lsIam in 1970s, it could have been a prosperous country.
@r.ssumedh7626
@r.ssumedh7626 Жыл бұрын
I agree Pakistan is fertile. But I think the region that is Uttar Pardesh today has to be the most fertile land in the world.
@riderchallenge4250
@riderchallenge4250 Жыл бұрын
workforce but not educated and skilled
@captain_noodles
@captain_noodles Жыл бұрын
​@@r.ssumedh7626 the commenter used "one of the most fertile" for a reason.
@sarants4488
@sarants4488 Жыл бұрын
@@r.ssumedh7626 because uttar pradesh sits on the Himalayan flood planes
@lucian9891
@lucian9891 Жыл бұрын
@@r.ssumedh7626 Nope, Jawa Island from Indonesia is the most fertile land on earth
@MrCulau
@MrCulau Жыл бұрын
As a Brazilian, I cry everytime I see these billboard (at 4:50) in the videos.
@BeE_AriyaN
@BeE_AriyaN Жыл бұрын
Thanks for the correct map of Pakistan. Being an Indian its important that one of our most important neighbour's map is shown correctly. They've earned their partition, at least they deserve their correct map👍🏻
@lebarondevalois605
@lebarondevalois605 Жыл бұрын
wdym
@MoizCOUK
@MoizCOUK Жыл бұрын
He mean guy used propganda map made by Indian , they removed 2 stats from map including my house
@fattiesunite2288
@fattiesunite2288 Жыл бұрын
Hope you sleep peacefully after commenting this
@jeonjungkook5565
@jeonjungkook5565 9 ай бұрын
lol what
@jeonjungkook5565
@jeonjungkook5565 9 ай бұрын
are you mentioning Kashmir part here
@memazov6601
@memazov6601 Жыл бұрын
Pakistan in a situation whatever the do to fix the problem will make a even bigger problem
@kockorzo
@kockorzo Жыл бұрын
There exists no such situation.
@Sponge_Bob_Square_Pants
@Sponge_Bob_Square_Pants Жыл бұрын
They should increase their donkey exports
@quagmire4412
@quagmire4412 Жыл бұрын
They lost the printing press of Indian currency .that's why after 2016 they are slowly dying .
@quagmire4412
@quagmire4412 Жыл бұрын
@@msdadsfsx dont you know ? Pakistan had the printing press and technology to print old Indian currency notes .
@sharequsman596
@sharequsman596 Жыл бұрын
​@@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
@friendlyatheist9589 Жыл бұрын
@@msdadsfsx demonitization hit them hard bro
@ssm7593
@ssm7593 Жыл бұрын
@@msdadsfsx Watch Abhijit Chavda video
@Theactualstoic
@Theactualstoic Жыл бұрын
they dont even have proper universities their future is dark anyways
@Shubham8839
@Shubham8839 Жыл бұрын
You won my like in the first second itself by showing the correct map of Pakistan.
@AbdulaImran
@AbdulaImran Жыл бұрын
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.
@ShanAli-ke2cg
@ShanAli-ke2cg Жыл бұрын
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
@hke.4475 Жыл бұрын
@Detective Conan why are indians obsessed with pak army
@phanta_rei2910
@phanta_rei2910 Жыл бұрын
@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
@JatinPlaysYT Жыл бұрын
Ur future is nil, and same as ur country, but still saying kashmir is ours 🤔
@realShikha885
@realShikha885 Жыл бұрын
@@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.
@-bigChungusVerified
@-bigChungusVerified Жыл бұрын
Future has no meaning in Pakistan
@SpiderpigThe
@SpiderpigThe Жыл бұрын
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
@gaoxiaen1 Жыл бұрын
No foreign aid to Pakistan, a sworn muji enemy of the USA that sheltered Bin Ladin. Send it to Ukraine.
@mrkiba1781
@mrkiba1781 Жыл бұрын
proud to be Bangladeshi 🇧🇩🇧🇩🇧🇩
@VMRDY
@VMRDY Жыл бұрын
@4wLife Thankfully, not anymore. 😉
@itsover9008
@itsover9008 Жыл бұрын
Appreciate you using the correct map for India and Pakistan.
@adityarane5735
@adityarane5735 Жыл бұрын
aksai chin not included in our JK
@JustAPokemonCommentingOnVideos
@JustAPokemonCommentingOnVideos Жыл бұрын
@@adityarane5735 once we take it back it will
@sherry7529
@sherry7529 Жыл бұрын
it will never be true pajeet
@Char444
@Char444 Жыл бұрын
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
@sanjithrithvik3548 Жыл бұрын
@@adityarane5735pok is more important than Aksai chin since it opens up route to central
@kroverbeek
@kroverbeek Жыл бұрын
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
@mohammadtariq1739 Жыл бұрын
youtube.com/@mohammadtariq1739
@MuhammadBilal-kj9lp
@MuhammadBilal-kj9lp Жыл бұрын
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
@andrewveen3178
@andrewveen3178 Жыл бұрын
Forbes dissected the Atlantic article regarding the UK economy and concluded it was baseless conjecture.
@coldfraps
@coldfraps Жыл бұрын
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!
@anboyjrocks1
@anboyjrocks1 Жыл бұрын
Correct Map on India, good job. You get my like.
@maktakjaklak6790
@maktakjaklak6790 Жыл бұрын
Ladakh is in china thi
@falcon1017
@falcon1017 Жыл бұрын
Incorrect map 🙂🤫
@anboyjrocks1
@anboyjrocks1 Жыл бұрын
@@maktakjaklak6790 atleast POK is shown in India
@Saibaba93451
@Saibaba93451 Жыл бұрын
Thumbnail asks - Who bears the Debt. Simple Answer is - Allah Because Pakistan is the one and Only country in the world Born on the Basis of Religion.
@meikylawan3148
@meikylawan3148 Жыл бұрын
From pakistan here and studying economics, love your channel. Videos pretty good but id say I think its over for pakistan, this maybe the end.
@EIGatito
@EIGatito Жыл бұрын
For Indian Learn what to do from China Learn what not to do from Pakistan
@JustAPokemonCommentingOnVideos
@JustAPokemonCommentingOnVideos Жыл бұрын
perfect.
@prajwalbharambe343
@prajwalbharambe343 Жыл бұрын
pakistan. inshallah
@mbizo86
@mbizo86 Жыл бұрын
Probably an apt time for a video on Zambia 🇿🇲. Lots of parallels to be drawn on currency and foreign debt, including the Chinese angle.
@menahelkhan
@menahelkhan Жыл бұрын
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
@harshjain3122 Жыл бұрын
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.
@corporate999
@corporate999 11 ай бұрын
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.
@scottmccarter3969
@scottmccarter3969 Жыл бұрын
Brilliant as always. Would you consider doing an episode on Lebanon? They are a great case study in political corruption and living too heavily on donor money and money laundering. Thanks
@tenaciousbeagle5513
@tenaciousbeagle5513 Жыл бұрын
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
@Truther945 Жыл бұрын
Is it true theres a genocide against the farmers there currently?
@tenaciousbeagle5513
@tenaciousbeagle5513 Жыл бұрын
@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
@gaoxiaen1 Жыл бұрын
No hope for SA aslong as it cooperates with Russia and the PRC. I'm sorry that the USA pushed disvestment in SA.
@xxjojoxx9914
@xxjojoxx9914 Жыл бұрын
Target audience: Pakistani Actual audience: Indians
@arplays4837
@arplays4837 Жыл бұрын
Pakistani's are watching this too but are too scared to come out of the woodworks lol
@astra6485
@astra6485 Жыл бұрын
You should do a video on the Greek economy, their debt crisis and why they left the eu
@mitch.mac01
@mitch.mac01 Жыл бұрын
I disagree with the placement of canada on the EE leaderboard however i still love this channel
@dunkmetal3264
@dunkmetal3264 Жыл бұрын
Pakistanis once said we will eat grass but build a bomb well live upto your word now.
@hke.4475
@hke.4475 Жыл бұрын
Ironic an indian commenting this which ranks lower in pmi and hunger index than Pakistan
@akashpatel8410
@akashpatel8410 Жыл бұрын
@@hke.4475 and you believe that stupid report 🤣
@VMRDY
@VMRDY Жыл бұрын
@@akashpatel8410 They believe in a stupid book called “Quran”, believing a stupid report is not a big deal for them.
@yasastn
@yasastn Жыл бұрын
It'd be great if you could do a video on Sri Lankan economy's current status
@pizazazaza
@pizazazaza Жыл бұрын
I wish you did a similar analysis for Nepal. Nepal is going through a similar situation to that of Sri Lanka and Pakistan.
@santusanturohit4832
@santusanturohit4832 Жыл бұрын
Fill Gas cylinders and store foods.FATF is knocking at Nepal's door ..your will see chaos after few months. .
@hmmer3471
@hmmer3471 Жыл бұрын
Small nation with US ego
@DarkKnight-db1dy
@DarkKnight-db1dy 10 ай бұрын
@@santusanturohit4832 why is FATF doing so?
@santusanturohit4832
@santusanturohit4832 10 ай бұрын
@@DarkKnight-db1dy Nepal had less regulations and terrorists exploited Loopholes of Nepal ..There is chance of Nepal going into FATF grey list..I watched video related to it 4-5 months back..not sure what's the situation now.
@abhishekjena4005
@abhishekjena4005 Жыл бұрын
You used the correct maps 🙂. It's nice to see the correct map is being used by your channel.
@ion8264
@ion8264 Жыл бұрын
Same I gave him like too😂
@redfordrn
@redfordrn Жыл бұрын
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
@Itakebigcraps Жыл бұрын
Kasmir is pakistan
@ion8264
@ion8264 Жыл бұрын
@@Itakebigcraps your opinion doesn't matter
@gregboi183
@gregboi183 Жыл бұрын
Put position numbers on the leaderboard so we can see where one ranks without having to remember where everyone else ranked
@KabobHope
@KabobHope Жыл бұрын
A numbered ranking would indeed be helpful.
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