Since the New York terrorist attack in September 2001, Pakistan’s stock exchange index (KSE100) has risen 700 percent. Pakistan’s economy is growing at 4 percent a year, and the nation is entertaining peace talks with India.
During the same eleven years, the U.S. stock market index (SP500) has risen only 50 percent. Not that we compared unfavorably because of Pakistan; that’s nonsense. Out economic problems were caused by our own government’s domestic policies.
Pakistan has been a rocky road for the United States. But the nation is making progress. The wealthier they become, the less they’ll put up with terrorism. Given the considerable advance of their stock market, we’ve probably been more of a help than a hindrance.
America’s deep involvement with Pakistan and Afghanistan was due to the terrorist attack on 911. The U.S. has not suffered another such attack since. By keeping the terrorists on the run, or dead, our activities in Pakistan have helped both countries.
Now, if we can just change U.S. leadership, we can increase our own pace of advance.
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