This year’s survey came out with some amazing numbers. food inflation hit double digits. the economy grew again on the conspicuous consumption; it was the domestic market that bought most of the products. the exports were not as prominent.

this has proved my earlier points:(1) that the economy will be unsustainable in the long run if it keeps going like that. we have already seen what happened back in the great depression of the 1930s in the united states. the government was boasting about the strength of the economy until all the prices came crashing down, dragging the economy down. same will happen sooner rather than later in Pakistan . (2) the inflation figures were not advertised, and we have seen why that was not done. food inflation means that our economy has become a “few deal”. the majority of its riches are taken by the uppper strata, while the poor pay the price.

so what are we doing? we are nearing dangerous times every single day.

Post a Comment

*
*