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Pakistan's very unhappy new year

Ah here we go again with the typical overly simplistic crap. I said this before. This could be done about any country. It can be certainly done about India. They could show the "real picture" as you call it about India more often. Yet the western media does it far more often wrt to Pakistan. My key point - they do not talk about anything positive! Their "real picture" as you call it only includes the negatives. Not one bit. They only concentrate on the negatives in the country. That's why I don't take western media too seriously when it comes to certain countries, such as Pakistan, China, Iran, Middle Eastern countries, etc.

The which media do you take seriously?

And BTW, don't bring India into it. You have no idea whatsoever how nehative Indian media can be.

Have you forgotten the news coverage in the runup to the CWG?

You might not have seen the program in which present Indian Army chief was literally grilled and shouted at by a news anchor during interview. That news channel is times now, a subsidiary of the times group (the same guys who own ToI) and the anchor's name is Arnab Goswami. This happened after the Adarsh Society Scam came to light.

The Indian media has literally fu**ed the govt. over the recent spate of scams.

And no, I am not reading into KSE going too much. It's gone up about some 3,000 points in 1 year. What's too much to read about it except say that it's gone up steadily? In what other way can you interpret it? What about the other two points I mentioned also?

See you are reying on a stock exchange index for a very short period of time i.e. one year.

This, I believe, is not the best thing to do. Over a short term, a share market can grow even when the overall economy is going down.
 
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The which media do you take seriously?

And BTW, don't bring India into it. You have no idea whatsoever how nehative Indian media can be.

Have you forgotten the news coverage in the runup to the CWG?

You might not have seen the program in which present Indian Army chief was literally grilled and shouted at by a news anchor during interview. That news channel is times now, a subsidiary of the times group (the same guys who own ToI) and the anchor's name is Arnab Goswami. This happened after the Adarsh Society Scam came to light.

The Indian media has literally fu**ed the govt. over the recent spate of scams.

I am not really speaking about Indian media. Western media. But my point is that, what they're doing is packaging all the doom and gloom types of news into one package. That's not happening above.

Now which media I take seriously? I've stated it before. I don't take any media to be 100% unbiased or 100% credible. Some are better than others but nevertheless, if you study how the media works at university level, you'll realize where I am coming from. I do look at what they say, but I always keep it in the back of my mind that there could be more things at work here than I might think. This can happen with ANY type of news article.

See you are reying on a stock exchange index for a very short period of time i.e. one year.

This, I believe, is not the best thing to do. A share market can grow even when the overall economy is going down.

Mate, a stock exchange is a microcosm of how the economy is doing. Generally the economic growth and stock market growth are correlated. Typically if one goes down the other goes down too. We have good stock growth because foreign investors realize that the things we face at the moment are highly unlikely to repeat and happen at once again, and that you can only go higher from here. I mean think about it, we've grown at about 3.5-4% despite all this. That should tell you something. You take floods away, the growth will go up to 6% in a few years. Then if terrorism gets more under control, it will reach 7-8%. People are hopeful and they think that things will get better, and hence the stock market growth.
 
Mate, a stock exchange is a microcosm of how the economy is doing. Generally the economic growth and stock market growth are correlated. Typically if one goes down the other goes down too.

Stock market can tremble down like pack of cards on mere speculation....that's not true with the economy.....Stock markets doesn't necessarily gives a clear picture of economy....you never know a bull is inflating the prices just to make the kill....

B/W this is definitely a sensitive time for Pakistan economy...your govt has missed the fiscal deficit target set up by IMF by a big margin resulting in cancellation of loans...As of now your govt is functioning below the majority number and one can infer that they will refrain from putting in some critical reforms required at the moment....Forget about any media but things are not looking good....I wish that you guys will be able to recover pretty fast .....
 
Stock market can tremble down like pack of cards on mere speculation....that's not true with the economy.....Stock markets doesn't necessarily gives a clear picture of economy....you never know a bull is inflating the prices just to make the kill....

Exactly. Looking at the stock market performance over a short period of time can be really deceptive.
 
Stock market can tremble down like pack of cards on mere speculation....that's not true with the economy.....Stock markets doesn't necessarily gives a clear picture of economy....you never know a bull is inflating the prices just to make the kill....

B/W this is definitely a sensitive time for Pakistan economy...your govt has missed the fiscal deficit target set up by IMF by a big margin resulting in cancellation of loans...As of now your govt is functioning below the majority number and one can infer that they will refrain from putting in some critical reforms required at the moment....Forget about any media but things are not looking good....I wish that you guys will be able to recover pretty fast .....

As mentioned by other members, things are indeed looking good as far as the economy is concerned. That's for the economic forum though, but no it's not "not looking good". Things are not looking good for the civilian government, yes, but that's another story.
 

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