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Opinion Print 2019-12-03

Partly Facetious ite?: Was gold used to manufacture Ferrari?

"Did you know a Schumacher driven Ferrari was sold for just under US$ 6 million!"
Published December 3, 2019

"Did you know a Schumacher driven Ferrari was sold for just under US$ 6 million!"

"Why so much? Was gold used to manufacture it?!"

"Do you know who Schumacher is?"

"No."

"Schumacher holds the records for the most world championship titles (7), the most Grand Prix wins (91), the fastest laps (77) and the most races won in a single season (13), and according to the official Formula One website, Schumacher was "statistically the greatest driver the sport has ever seen."

"OK, but I still don't understand why the car was sold at so much above its actual value - I mean it's not as if the new owner is going to be able to beat Schumacher's racing record."

"Its market value is way, way higher than its intrinsic value because of Schumacher's wins."

"I still don't..."

"How much would you pay for the table that The Khan puts his feet up on while watching those dratted talk shows whose narrative is flawed and..."

"I would not bid for it."

"How much would you pay for the plate out of which Zardari sahib eats?"

"Why would I bid for that!"

"OK, so the toilet-seat that Nawaz Sharif..."

"I would bid for that."

"Hmmm, didn't have you pegged as a Nawala."

"Hey I heard the seat is made out of gold and..."

"Oh man, you have no sense of history - I bet Faisal Vawda would have bid for Schumacher's car though I am not sure he would have or could have gone as high as US $6 million."

"I am not sure but one man who wouldn't have bid for the car even if he had that kind of cash lying around is Hafeez Sheikh! He choked off all budgeted spending on development, subsidies, grants to achieve a reduction in fiscal deficit and God bless him, we now have a very manageable fiscal deficit so Sheikh detractors, eat your heart out!"

"But no spending, no subsidies, no grants, mean no economic activity and..."

"The private sector is the engine of growth."

"Ha ha, The Khan's other team leader, God bless him too, has choked off private sector economic activity by maintaining a discount rate of 13.25 percent which has raised the cost of borrowing to unsustainable levels and..."

"I wonder if you ever read Turgenev, a Russian novelist who I greatly admire..."

"Where does he come in?"

"Hear me out; Turgenev laid out a theory of nihilism, which is defined as you have to annihilate/destroy the existing, to achieve change for the better."

"Oh I get it! You reckon that explains what's happening in Punjab."

"I am not saying another word."

Copyright Business Recorder, 2019

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