02-22-2009, 01:46 AM
Dears,
Certainly the lady who posted th query would be innocent, as mentioned. We cannot stop eating, wearing, studying, travelling, learning, marrying, births, deaths, worships etc and all other things which are crucial and have to be done irrespective of whatever crises we may have in our economy. However, quality may go to some lower level and whenever there is some crises such fall of quality could be evidenced in everything.
Further, the crises does not affect every one and does not affect every one with same strength or fashion. It may have different qualitative or quantitative impacts on different people. This is a very long debate and the one who can see a big picture can deduce the meanings.
I, however, wonder why the crises was not visible to the lady. Is there a need to tell where this crises is, how it has affected the world and people, and what has changed after the crises.
If we say that what happens when a plane crashes and some 2 or 3 hundred people die or a bomb explode and 50 or 100 people die. All the world remain same. People woke up, take bath, go to office, work all the day and come back in their routine. What happens if some one's father dies. He does not stop sleeping, eating, bathing, having hair cuts, and what not and what not. He does not gets changed.
So there is a lot to think and concentrate about. This is not very simple and merely the rush of people in resturants or malls and offices cannot conclude that whether or not there is some crises.
I was however been questioned by a cousin, that people say there is a liquidity/financial crunch, why it is so? The issued number of currency notes in the whole world and within an economy like Pakistan are same, then where this liquidity crunch has come from. Even if people have made deposits with banks and don't invest in projects or securities, there should be no deficiency of currency notes and they will remain same. The currency notes can move from one hand to the other but are not fired out or destroyed or burried. Then wherefrom this liquidity crunch has come.
I tried to answer my cousin. However I will appreciate if the forum members also throw light on his views.
Regards,
KAMRAN.
Certainly the lady who posted th query would be innocent, as mentioned. We cannot stop eating, wearing, studying, travelling, learning, marrying, births, deaths, worships etc and all other things which are crucial and have to be done irrespective of whatever crises we may have in our economy. However, quality may go to some lower level and whenever there is some crises such fall of quality could be evidenced in everything.
Further, the crises does not affect every one and does not affect every one with same strength or fashion. It may have different qualitative or quantitative impacts on different people. This is a very long debate and the one who can see a big picture can deduce the meanings.
I, however, wonder why the crises was not visible to the lady. Is there a need to tell where this crises is, how it has affected the world and people, and what has changed after the crises.
If we say that what happens when a plane crashes and some 2 or 3 hundred people die or a bomb explode and 50 or 100 people die. All the world remain same. People woke up, take bath, go to office, work all the day and come back in their routine. What happens if some one's father dies. He does not stop sleeping, eating, bathing, having hair cuts, and what not and what not. He does not gets changed.
So there is a lot to think and concentrate about. This is not very simple and merely the rush of people in resturants or malls and offices cannot conclude that whether or not there is some crises.
I was however been questioned by a cousin, that people say there is a liquidity/financial crunch, why it is so? The issued number of currency notes in the whole world and within an economy like Pakistan are same, then where this liquidity crunch has come from. Even if people have made deposits with banks and don't invest in projects or securities, there should be no deficiency of currency notes and they will remain same. The currency notes can move from one hand to the other but are not fired out or destroyed or burried. Then wherefrom this liquidity crunch has come.
I tried to answer my cousin. However I will appreciate if the forum members also throw light on his views.
Regards,
KAMRAN.
