witcher
@follow_urdreamzOther people's opinions of you are none of your business. Lisa Nichols
Similar User
@FlorideKim59592
@Raman_1020
@JahTrend
@Xuanviet123
@Ets_Jay
@RahulPr01957475
@kndwldhrj
@axil99blaze001
Top 15 DoD increase of KSE100 Index points wise @Pakstockexgltd #KSE100 #PSX #Equities #Pakistan
Cheating on your spouse is a choice. It's never accidental.
I'm so glad that I urged new investors to start from EFERT, Engro, FFC and LUCK. Hopefully they are happy today.
“Be a lamp, or a lifeboat or a ladder. Help someone's soul heal.” - Rumi
You’re spending time to save money when you should be spending money to save time. @naval
Whoever spent $6.2M on a duct-taped banana ‼️ DM me, I’ll personally tutor you on budgeting, compound interest, and not confusing fruit with assets. First lesson: bananas are for smoothies, not portfolios. 🍌📈
KTrade detailed report on the Fertilizer sector and the opportunities for investment.
People tend to look at such news only from the share price perspective. Hardly any one talks about wider impacts on the financial system. @abay_insaan_ban has discussed this here and there. I think he should write a detailed thread. Things are playing out exactly the way he…
@StateBank_Pak conveniently sitting quietly. First they let the banks run amok with govt papers. Now silently see banks destroy the financial system.
Successful investing is all about managing risk, not avoiding it! - Benjamin Graham #qotd
Govt introduces policy to transition 30% vehicles to electric by 2030 mettisglobal.news/govt-introduce…
🧵 Accidental thread on the current banking fiasco and it's beneficiaries.
Not really much to add here. Banks will try to reach the tax neutral level and they'll try to find loopholes that will help them to achieve it. This is sub-optimal lending and it's in tandem with forcing attrition of deposits. Clearly the country isn't benefiting from this.
It's literally stupid activity bright about by idiots in government and a banking regulator that likes to watch everyone take pot-shots at the industry that it's supposed to regulate and also protect.
In short the SBP is the boss that takes all the credit for his team's achievements but won't take any of the flak when the team needs a boss to defend them. Basically the regulator is a small time, small minded bully allowing a bigger bully to extort everyone in it's territory.
Why is this happening, because the IMF requires the country to start balancing expenditure and revenue. So the easiest way to do that is to slap banks with a stupid and unrealistic tax. No original thought, no actual cutting of ministerial positions, no rationalising defence.
It's reflex action to add a tax on banking as much as it's a reflex action to add a tax to salaried class. Neither of the two weaklings have lobbies/political affiliations/friends in parliament/uncles in armed forces. So banks and salaried get screwed. Business and govt win.
Follow the money and you see who wins. Banks lose, depositors lose, cheap lending means business and industry win and if the banks don't meet the ADR requirement, the govt wins. It's not rocket science.
Not really much to add here. Banks will try to reach the tax neutral level and they'll try to find loopholes that will help them to achieve it. This is sub-optimal lending and it's in tandem with forcing attrition of deposits. Clearly the country isn't benefiting from this.
😭😭😭
United States Trends
- 1. ICBM 97,2 B posts
- 2. Dnipro 31,7 B posts
- 3. Good Thursday 21,4 B posts
- 4. #ThursdayMotivation 3.964 posts
- 5. Friday Eve N/A
- 6. #21Nov 1.907 posts
- 7. $DUB 6.727 posts
- 8. #thursdayvibes 2.641 posts
- 9. #Wordle1251 N/A
- 10. Nikki Haley 27,2 B posts
- 11. #KashOnly 1.440 posts
- 12. Adani 656 B posts
- 13. Bitcoin 640 B posts
- 14. Happy Birthday Nerissa 7.258 posts
- 15. Juice WRLD 23 B posts
- 16. Thomas Sowell 9.614 posts
- 17. Ellen DeGeneres 67,2 B posts
- 18. Paul George 9.494 posts
- 19. SWARM 7.361 posts
- 20. Jimmy Fallon 102 B posts
Something went wrong.
Something went wrong.