Corona and Pakistan!!!

Byline: Sani-e-Mehmood Khan

The word on the street about New World Order is corona. The pandemic treated all the human beings, objects and economic systems equally and without any distinction of race, color or blood. All those, who stood steadfast during the times of isolations, whether individual or groups in nations were bestowed upon with a 'distancing-gift' by novel coronavirus.

Each RED FLAGYL of coronavirus presents an opportunity for Pakistan. Playing its cards with alacrity and agility could bring dignity and much needed respect for Pakistan in the world post-coronavirus. This is for first time that kinship of dollar with debt and kinship of oil with consumption has been exposed greatly. Dollar is king because the debt is dollar denominated and oil forced to trade in dollars.

Pakistan is akin to interests of both Saudi Arabia and US along with China. Guessing that Russia, China and US are in a straight battle for control over Asian resources, then what suits to Pakistan is to stay with its interest and not with an elephant of the battlefield. Because nobody has any idea as to what may come out, at the end of this pandemic disaster in which an economic war is being fought in a very silent and settled manner where:

* Saudi Arabia might end-up being a debt-ridden nation having huge obligation to deliver oil in futures.

* US policy of printing dollars and creating debt is bitten by a double edge sword of defaults and/or replacement with some other currencies including Chinese move for regional currency pairs such as PKR/YUAN.

* China supersedes US or China becomes victim of elongated inactivity and zero-demand.

* Arch rivals of today's oil war emerge as partners in concluding US shell companies and world sees an end to PETRO-DOLLARS being replaced by joint currency influenced by China, Russia and Saudi Arabia.

Corona outbreak left behind the woes of 2008, broke sixty-year records of negative growth and brought the strident tones of 1930s in the central processing area of modern-day economists.

Today's worry is not about a question as to whether world will be able to come out of the elongated reboot, the real worry is about a question, as to who "do you SEE coming back?" and who is be able to function in accordance with the new norms and...