Suppose there is a very small town in Pakistan where it is raining so there is not too much business happening. Everyone is heavily in debt. Luckily, a rich Saudi tourist (named Abdullah) arrives in the foyer of the small local hotel. He asks for a room and puts a US Dollar100 note on the reception counter, takes a key and goes to inspect the room located up the stairs on the third floor.
The hotel owner takes the banknote in hurry and rushes to Khanani & Kalia (which is banned but I am using it for simplicity) to convert 100 US Dollars in to PKR 80,000. Then he goes to meat supplier to whom he owes PKR 80,000.
The butcher takes the money and races to his wholesale supplier to pay his debt.
The wholesaler rushes to the farmer to pay for animals he purchased some time ago.
The farmer triumphantly goes to Red Light area and gives the cash to a local prostitute who gave him her services on credit.
The prostitute goes quickly to the same hotel, as she owed the hotel for her hourly room use to entertain clients.
At that moment, the rich Saudi is coming down to reception and informs the hotel owner that the proposed room is unsatisfactory and takes his USD 100 back and departs.
There was no profit or income. But everyone no longer has any debt and the small town people look optimistically towards their future.
COULD THIS BE THE SOLUTION TO THE Global Financial Crisis? Or, is there a catch here?!!