Law # 2 Never Put Too Much
Trust in Friends, Learn
How To Use Enemies
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Be wary of friends-they will betray you more quickly, for they are easily aroused to envy, become spoiled and tyrannical. Hire a former enemy, he will be more loyal than a friend, because he has more to prove
The problem is that you often do not know your friends as weIl as you
imagine. Friends often agree on things in order to avoid an argument.
They cover up their unpleasant qualities so as to not offend each other. They laugh extra hard at each other's jokes.
Since honesty rarely strength-
ens friendship, you may never know how a friend truly feels. Friends will
say that they love your poetry, adore your music, envy your taste in
clothes-maybe they mean it, often they do not.
Law # 1 Never Outshine The Master
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Always make those above you feel comfortably superior. In your desire to please and impress them, do not go too far in displaying your talents or you might accomplish the
opposite-inspire fear and insecurity.
Make your masters appear more brilliant than they are and you will
attain the heights of power.
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Everyone has insecurities. When you show yourself in the world and display your talents, you naturally stir up all kinds of resentment, envy, and other manifestations of insecurity.
This Law involves two rules that you must realize.
First, you can inadvertently outshine a master simply by being yourself. There are masters who are more insecure than others, monstrously insecre; you may naturally outshine them by your charm and grace.
Energy sector is very critical for the growth of Pakistan and Pakistan needs sustainable economic growth for a reasonable period of time. Energy sector is important because economic growth depends on it. Pak is facing circular debt that is 2.5 billion Rs debt of power sector
and 1.5 billion Rs of gas, it makes 4 trillion Rs of circular debt. This debt pilled up due to cascading effect such as unpaid subsidies from gov which affected discos which in turn affected IPPs and IPPs to the oil distrbuting companies. This circular debt is caused
because of the inefficiency of governance and issues of public administration.
IPPs are not effective in Pak because Pak depends on foreign resources for power generation, int.markets are volatile this volatility leads to mismanagment in IPPs and
I got review of Akbar Zaidi's " Issues of Pakistan's economy " he explained it very well through historic perspective and then he pointed out main issues of our economy. Let me write it down here
He divided our economy into 3 eras: era of experimentation ( 1947-1079 ), era of twisting economy ( 1979-2000), era of problematic economy ( 2000 onwards )
Lack of constitution to regulate economic activities in early years of independence
Then Ayub Khan's Howard tricle down model which brought a little industrial growth.
Then came ZAB with socialist economic model and led to nationalization which hit private sector the most, this led to unemployment and lost of investors.