Lacoste Pakistan

[mwa786]

mervicck these goods made in china the watches and shoes mainly, come really under the parallel economy.

but moving on abit what about the genuine imports we get, like the cars on this forum and all other consumer goods etc and the trade deficit i think is $15b? i want to know something if you could help me with this. as a nations productivy increases the money supply increases the tool used the interest rate , but say a countrys products increase but also the services increase, for example retail, imported or made home, does the money supply increase then as well?

i know its abit of the track but i would like to know, thank you

[Maverickkk]

yes i believe exports have a significant impact on the money supply of countries economy. On the other hand imports are not always a good sign of success as far as monetary policy is concerned. You are paying for the imports in foreign currency mainly us dollar and euros. So it does put a great dent in your foreign reserves and help make your own currency weaker.
Look at US dollar nowadays. US has couple of billion dollar trade deficit, and you see dollar sinking against most currencies like euro, pound sterling and even japanese yenn.

Unnecessary imports are always bad for the economy, but what can you do if pakistan is not capable of producing cars like bmw, jaguars, range rover etc. Obviously the premium byer is going to opt for import such items from abroad. Same with clothes. or shoes. If no local label can produce high quality items like the ones produced by big brands label like gucci, armani etc. Then obviously the premium consumer would like to have them imported to the country.

[mwa786]

but i thought that bmw etc will start to assemble these in Pakistan, which no doubt woul be help for us, if the finished product was in our country,

can you see this happening bmw assembling in PK?

[mwa786]

maverickk also my apology for yesterday.....

[mwa786]

about the usd it is sinking but they wont sink to deep, the trade balance to them is big but they alos have thousands of other way of getting there money, unlike Pakistan, they have i think 200 companies operating juts in pk, they have all over the world and that cash in rolling in for them, as well as the average american buys usa made good as well as imports,

its Pakistan we need to worry

[Maverickkk]

no sir, i disagree with you on bmw producing cars in pakistan. Our automotive sector is highly amateur at the moment. I dont think any big german brand would consider producing such premium vehicles in pakistan.
Look at the quality of local produced japanese cars like honda dn toyota and compare then to the ones produced in india, china, malaysia etc. There is a huge difference in finished quality.
I dont see this happening unless there is a significant change in automotive sector in pakistan. I highly doubt such change occuring in pakistan for another 2 or 3 decades, and that too if i am optimistic.

And sorry for what ????

[mwa786]

maverickk my name is Mohammed Aleem, im from Huddersfield UK, im just here for car forum which is alos my hobby,

[mwa786]

being optimistic like Musharraf, Pakistan will be assembling merc trucks , so they say

[Maverickkk]

yes, i agree. The US economic domination wont end as easy as some guys predict. Its just a temporary condition in us economy, because of bush policies.
They are fighting 2 unnecessary wars and thats one of the major reason their economy is in poor shape right now. But i am sure they will bounce back in no time.

and yes pakistan is far far behind. But plz dont compare a country which is just 60 yrs old and the other one which has proven itself over 250 yrs.
What pakistan lacks i think is creativity, and free thinking. Our society is too over powering. We need to create products which the whole world wants to import from us. Something out of the box. But such idead can only be created by free thinking individuals.

[mwa786]

yes we need something that others wnat form us, as we want form usa and europe,

maverickk im mohamed aleem.

how are you sir?

[Maverickkk]

oh my god. Its you. Strange. How many ID's you have dude.
And your apology is accepted. No hard feelings from my side.
But unfortunately the mods on pakwheels have told me to avoid you or otherwise i will be banned to.

But i am sure i can chat with you as long as it is something informative and positive.

[Maverickkk]

oh my god. Its you. Strange. How many ID's you have dude.
And your apology is accepted. No hard feelings from my side.
But unfortunately the mods on pakwheels have told me to avoid you or otherwise i will be banned to.

But i am sure i can chat with you as long as it is something informative and positive.

[Maverickkk]

i am doing great dude.

[mwa786]

ok i fell i have to say sorry to you again, because i wast at my cousins hous yesterday and we were both looking at cars and pakwheels together and i went over board , non of what i said was truly ment, in regard to your family and you, and i belive you were same to me,

but hey that protocol is still going ot be done

[mwa786]

i do work for Bestway group, in the managment, (you asked me before and then i oculd not reply, because i was block...

[mwa786]

Pakistan hase created its own fighter jets, why cant they start to work or plan on passenger planes, to reduce our burden from Austarlia and europe.
has any work started?

[Maverickkk]

no worries. Cool. i am aware of the best way group. They are into food retailing and owned by a pakistani family too.

[mwa786]

cement banking property, rice and now even aviation soon.

yes next time Sir anwar sons visit our sub head office, i will try taking pictures of their cars, its not easy to do this, as it looks cheap, but im going to do it

[Maverickkk]

dude, those fighter jets were manufactured with the help of china. a collaboration. those were not made solely by pakistani's. It was designed by chinese too.
We could make them but not alone. May be with chinese collaboration.
But for the time being even china is not exporting any passenger planes, so it is highly unlikely pakistan could ever make them.

It would be very difficult to introduce a passenger plane in the market which could beat the superior design and manufacturing quality of meet the safety standards of the west.
In my vie, it would be extremely hard to build a plane which could beat something made by boeing or airbus.
I dont think even china would be able to come with some like airbus A380.
They are too far ahead.

[mwa786]

hmm yes true.......

You did not answr my question about money supply.
its increased when a country product/productivity goes up,

how about when a country services, (retail,wholsale etc) goes up? (mist retail invloves imports and some home made)