Pakistan would gain much more if the public debate focused on crucial issues like crime, poverty, health and education instead of only discussing the guilt of former President Musharraf. ++ The discussion should be guided by the aim of finding out who really benefited from the unelected governments and military rule, and who suffered the most. ++ In order to keep Pakistan’s democracy alive, the
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The dollar should be much weaker relative to America’s competitive position, according to Kenneth Rogoff of Harvard University. In 2006, interest payments for US debt amounted to 6.5% of GNP. US borrowing makes up more than two-thirds of combined excess savings of all surplus countries in the world. The former IMF chief economist reports that domestic consumption, Americans’ confidence in their
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