On Apr 27, 5:06=A0pm, "2.7182818284590..." <tangent1...@[EMAIL PROTECTED]
>
wrote:
> There are 3 agencies which measure the PPP: =A0IMF, America's CIA, and
> the World Bank. =A0The PPP is a great proxy for the standard-of-living
> of a nation, as it takes the costs of good and services produced
> within the country. =A0It is also harder to calculate.
>
> For a long time now on Wikipedia, they had the PPP of India about 40%
> higher than Pakistan's. =A0However, one of these 3 agencies recently
> revised *DOWNWARD* India's, China's, and Bangladesh's PPP by 40%, 40%,
> and 36%, respectively. I am sure that they will also lower Pakistan's
> PPP, but they haven't so far yet.
>
> Anyways, according to Wikipedia now, the PPP of Pakistan is *HIGHER*
> than that of India's - ~$3300 VS ~$2700.
1) pakistan does not have an economy other than collecting aid from
the US for fighting terrorism it creates.
2) It is obvious that any economy that has social stability and a
consistent economic growth rate spanning 17 years like India is not
going to be behind an unstable, violence racked & undemocratic place
like Pakistan.
3) If the IMF had any accurate accounting method, they would not have
to revice upwards or downwards any valueation by 40% !
4) IMF works by having developed countries cause a financial panic in
a given developing country. They then strolling in to offer loans
with demands that the assets of the developing country be handed over
at a ridiculously low prices to the developed nations which caused the
financial turmoil. Any reason India should be trusting the IMF?
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