Oh boy, did y’all hear the recent jokes doing rounds on social media when an Indian IT company TCS touched its lifetime high price on NSE and BSE? Apparently, some folks started commenting that TCS, an esteemed Indian firm, reaching a market capitalization equivalent to entire Pakistan’s stock exchange implies that one Indian company can buy an entire Pakistan stock exchange.
Money wise or say by number games – yeah True. But it did not stop here. To increase the stupidity some of us even went to the comparison that top 10 Indian companies can buy entire Pakistan if going by the calculation of market capitalisation. Some in funny way, and few in ridiculing way. Ha! If only it were that simple, eh?
But what we forgot perhaps is there is much more in a country, other than market and so called GDP numbers. Land, water, air…Jokes aside, money cannot buy everything, including nature’s precious gifts and human emotions. I know most of the remarks were just a satire. But here is a point I wanted to make. What if by the same calculation the same formula is applied on us?
Speaking of ridiculous claims, guess who will be laughing now? According to market estimates, Apple Inc.’s net worth comes pretty darn close to India’s GDP. That one company alone has a market capitalisation of somewhere around 3 trillion dollars – pretty close of entire Indian GDP.
Heck, throw in Microsoft and Google, and suddenly you’ve got yourself quite the American shopping spree! Imagine them scooping up Mumbai, Delhi, Bangalore and putting India on auction.
Now what if we see the comments something like – Apple alone is equivalent to entire India GDP. I am sure our entire social media post will be coming at war with that post. But never mind. . .
This post, by no chance is to sympathise with Pakistan, because wherever they are today, it is because of their sick minded theory to dominate and destroy us. But I have the concern that before we start pointing fingers across borders, lemme remind ya: we’ve had our fair share of struggles too.
Look at our own numbers first. We may be blowing our own trumpet that we are on the verge of becoming a Vishwa guru, however, fact remains that in just 10 years time we have doubled up our national debt. we have fairly screwed up our own economy. It is another thing that you won’t be able to see it in media because we know what media has become a puppet now a days in this country.
So perhaps instead of focusing on others’ misfortunes, let’s concentrate on fixing our own mess first. After all, shaming someone else doesn’t cure your cold, does it?
It’s time to grow up, folks. Rather than playing armchair economists spewing nonsense theories, let’s roll up our sleeves and tackle pressing issues back home. Because if history teaches us anything, blaming others rarely solves anything.
