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I don't understand. The Pakistani army maintains a strong grip on the nation's leadership. I don't see why the US would need to intervene here. The US picks fav
by screye 2y ago
I don't understand. The Pakistani army maintains a strong grip on the nation's leadership. I don't see why the US would need to intervene here. The US picks favorites. But doesn't intervene in Pakistani matters.
Welfare states are a first world phenomenon. Can't redistribute the pie when there is nothing to go around.
The IMF (I mistakenly said world bank) gives fair loans to nations as long as they maintain sensible fiscal policy. Imran loves IMF money but doesn't keep any of his promises.
Remember, Pakistan was wealthier than both India and Bangladesh until the late 80s. Both India and Bangladesh dialed down welfarist tendencies by liberalization, disinvestment of govt from business and lax labor laws. Both have skyrocketed past Pakistan. On the other hand, Pakistan stuck to their bizarrely welfare economics, and is now flirting with national bankruptcy.