- It is a consumer good that only lasts a year or two
- There are no returns from mobiles
- Only some people get jobs, others just keep paying to Teleco companies
- Balance of payment of our country is negative
- Foreign exchange reserves are damaged
- Overall, it is a bad investment, as we're not investing in textiles, industries, R&D, infrastructure, etc.
Conclusion: Our spending on mobiles and stuff - IT IS A TOTAL WASTE OF MONEY!