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CHITRAL NEWS
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daily from Chitral,Pakistan
Chief Editor:
Wg Cdr (r) Fardad Ali Shah |
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The price of running on debt
CHITRAL, 29 Nov 08: Getting
loans to meet financial deficits caused by mis-spending, corruption and
mismanagement has brought the country to the brink of both financial and
moral bankruptcy.
The misdoings of our national leaders ever since the
creation of Pakistan is now fully manifested in the daily lives of
common citizens. A senior banker talking to Chitral News
said he summoned one bank loan defaulter to his office and demanded he
return the loan, to which the defaulter replied audaciously, "The
country itself is perpetually running on loans, so if I do not pay my
loan what is the big fuss about".
To those worried about the future of the country, this mindset depicting
a paralyses of hope and trust is more dangerous than the
ongoing terrorism phase, as the latter may subside, but it will
take generations to mend the battered moral fiber of the nation. --(CN
report)
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