The run on the banks menatlity on these forums - Economic Crisis

Inflation is high even in oil rich countries like Saudi Arabia! They are feeling the pinch of rising costs.

People around the world are in panic mode. Even in US "analysts" on media were telling people their money "could be in danger" if their bank goes down. This is in US where money safety is guaranteed by "FDIC" (to a limit) and many people still panicked and took cash out from banks. There have been rumours after rumours in Pakistan, people have flown to Pakistan from US/UK to withdraw cash/empty-lockers from banks in Pakistan!

Many people don't realize that this panic cash withdrawal may lead to banks collapsing!

Also, Pakistan's banking is not really in danger as much as countries around the globe because there is not much retail credit and people at large don't borrow more than they can afford. Bigger part of Pakistan's economy runs on cash.