Mar 30, 2007

A TYPICAL PAYDAY SCENARIO


Long queues before ATMs or disbursing officers (as the case may be), loan sharks in the office lobby, employees in tears, some hiding under their desks --- this is what a typical payday scenario in my small town looks like.

Soon, it is time to go home. The loan sharks will have to come back some other day. After two weeks, maybe, or 3 days, if they want to catch their “victims” off-guard.

There is another long line at the local grocery store. Food items quickly disappear from the shelves. Panic-buying, some people would call it. But, really, it isn’t so.

It is just a typical payday scenario.

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