A long thread by Miftah Ismail is what we start with this week, but things get a little better and lighter (as light as anything in Profit can get) as we move on to how the government is consistently gaslighting us, the emergence of MMT bros, and the possibility of Queen Elizabeth moving to Pakistan because of the low petrol prices. Ariba Shahid brings you all this and more in this week’s social media roundup.
LNG and NAB
Shahid Khaqan Abbasi (7 months), Imran ul Haq (4 months) and I (5 months) were put in jail by NAB and this government for setting up an LNG terminal (Engro). According to Wood McKenzie, the two Pakistani terminals set up by PMLN are the cheapest in the world. 1/7 pic.twitter.com/n9AdYsCqFF
— Miftah Ismail (@MiftahIsmail) November 5, 2021
When it comes to economic decisions, Pakistanis have a way of making them political. People like Miftah Ismail and Shahid Khaqan Abassi have had their fair share of issues with the NAB over LNG related issues.
{Editor’s note: As has been pointed out by this publication in previous articles, nobody wants to be involved with the accountability bureau. It is a bloated, vain, arrogant, and deeply misguided institution that is hurting Pakistan on countless fronts and giving grief to innocent people. Their attention is something you wouldn’t wish upon your worst enemy.}
Government gaslighting
There is inflation globally due to sudden surge in commodity prices. A lot of countries are suffering from decades high inflation. You can get this point across to the people without asking your khala, mamu to make a video in South Africa telling us the prices of Kaddu there.
— Zain Raza (@smzrz) November 6, 2021
After chikonimcs, we have kaddunomics which is an apt name for our inflation management. Also who are we to tell the government what to do but guys at least STOP GASLIGHTING US.
MMT bros
Reading Deficit Myth by Stephanie Kelton. On the first chapter and find it quite amusing that some commentators here advocate MMT for Pakistan without fully understanding the concept of “monetary sovereign” governments.
— Arsalan (@ArsalanAliSyed) November 6, 2021
I absolutely love hearing MMT bros go on about MMT because it’s a buzzword for them. Understand the concept bro. And if there is one thing we will always do, it will be to fight people that think they have all the answers – particularly the different brands of finance ‘bros’ out there in the world.
Do better
Sleep man. Stop using Google https://t.co/cK6j9CsuNZ
— Nasir (@bonagbona) November 5, 2021
Hammad, stop embarrassing yourself. You’re smart. We expect better. That said, sharing articles like this is an incredibly ton-deaf thing to do. We know you went to Aitchison College, but that really is not a very good excuse when you are a federal minister. Besides, for your own good, don’t do it because Shahzeb Khanzada will be smelling blood again, and this time it will look even worse if you try the “I’ll have a word with your manager” technique.
Lizzy cuts back
Petrol mehenga honay ke baad pic.twitter.com/OY8mEIkDzk
— Elizabeth (@MalkaEBartanya) November 5, 2021
When they say inflation is a global phenomenon, they mean it. Just look at the Queen. Of course, maybe if the Queen lived in Pakistan she would go around in a car instead. Remember, as the Prime Minister keeps reminding us, the petrol prices here are still lower than in the rest of the world. Elizabeth moving would also make for one spicy season of The Crown.
Aren’t you the PM?
PM of a country hails record commercial activity in construction sector. “Appeals” that builders pay laborers a “fair wage”.
isko koi minimum wage k baare mein btaye.
— Adil Mansoorᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠ (@adilmansoor91) November 3, 2021
I think this is one of those moments where the PM says his wife reminds him that he is the PM.
Welcome to the bird app
Here it is – my first tweet! Excited to join twitter, I look forward to engaging with you all and sharing my thoughts on business, economy and how we can help Pakistan!!
— Ghias Khan (@Ghias_K) November 5, 2021
We see Ghias Khan has finally joined the twitter bandwagon. We wonder if he’s just going to tweet work or will he be a troll sometime like me? Take some advice from a seasoned tweeter, you get in more fights if you work tweet but it’s far more fun to be a trol.
Cheap Chanel
350 rs mey original Chanel, 👌🏽 pic.twitter.com/5mnihjWpeN
— – (@maulana_banana) November 6, 2021
Who said Chanel is expensive? Pakistani markets show its dirt cheap.
Progressive zakat
Always sign your zakat declaration, guys!
I had 31500 shares of this company. A dividend of 0.48 per share was announced so I was to receive Rs.15,120 but i ended up receiving Rs.9,647. Coz it was a modaraba so 25% dividend tax was applied and on top of that, these fuckers
— Shahrukh (@shahrookhh) November 5, 2021
Send out zakat declarations unless you want someone to deduct it for you.
How do you expect me to not have an inflated ego when I get messages like these? pic.twitter.com/UnfzA5pnWo
— Ariba Shahid (@AribaShahid) November 5, 2021
This tweet goes here just to show how my social media roundup is the Sind Club of social media roundups. For those that don’t get the reference, you’re missing out on some quality drama from this article: Sons, bribes, perks, and jobs – the murky world of corporate lobbying in Pakistan.