Thursday, August 13

Tag: De-dollarization

MUD HOUSES, BREXIT AND DE-DOLLARIZATION
Study of Societies

MUD HOUSES, BREXIT AND DE-DOLLARIZATION

It is often said that we are doomed to keep repeating history until its lessons are learned. The laws of nature or if I may say the lessons nature is forced to teach are never pain-free. Seldom have we witnessed anyone go unpunished in the international arena for failing to learn from the past. The question I am pondering is, does each repeat become more or less painful. In one of my previous article, I have argued: “that the geopolitical position of Pakistan has been both a curse and a blessing.” This probably is its fate, being a curse and a blessing. Pakistan is a developing economy. In the 1950s and 1960s, most of the rural population lived in mud houses. Maintaining these mud houses was an arduous task. The occupants were required to check and repair any weakness or holes on roofs...