dollar hitting 188, bloodbath at stock market crash

[SD 10]

Yes, they seem to. Looks like I've read some hyperbolic information somewhere. But fossil fuel based power generation is still more than 50% and so low reserves is terrible. Further Sri Lanka also imports many essentials like milk powder (they don't drink real milk).

Found this on wiki.

View attachment 843972

bad bad ... but than Pakistan also has so many of theses...... needs to get rid of them fast!

 

[SaadH]

So much for regime change sponsored by Uncle Sam. LOL what economic prosperity did US sponsored PDM bring to Pakistan?

Looney toons, neutrals and PDM are all now arguing PTI's rule is what kicked off the ongoing crisis. Before PTI things were good and on the right track. It was IK' gov't that took dollar from 114 to 184 so IK is really the one responsible for the current economic crisis...

 

[Clutch]

Have you seen the Generals of Pakistan army of late, especially post Mushy's great purge of the early 2000's. Gone are the high gravitas, professional looking uber patriots and replaced with straight out of central casting of lollywood looking to shoot a movie about Lahore's bazaar-e-husn. Unkempt long hair, overweight, no verbal skills and anti-intellectual.

When you have low class people from low class backgrounds that's what happens, you are easily bought

Exactly.... 100% on the mark.


Problem is every institution has been corrupted. Pak Army was the last institution that was somewhat removed from the deep entrenched corruption. But it seems like it too has fallen.


Corruption is a cancer that kills society and turns them into failed states and total collapse. It's the promise of the Devine. Retribution for normalizing a big moral crime.

 

[Clutch]

I have heard that both Bajwa and Nawaz Sharif want election in next 3 months but Zardari want to wait until October next year.

Bajwa want to force IK to except Showbaz government but IK refused to pickup his calls. Also in coming days Nisar Ali Khan is going to take Bajwa’s message to IK.
Next 7 days are critical for imported government.

If IK continues to refuse the offer by Bajwa ... I think Bajwa will have him murdered.

Bajwa will make Imran Khan an offer he cannot refuse...

You guys are over reacting - the current balance excluding debt servicing is only a couple hundred million dollars a month. This can be easily dealt with by increasing interest rates a bit in the short term while gas oil price shocks last. Then go back to IMF, they are asking for very reasonable demand of setting oil prices at international level. This is a basic must frankly no way out of it.

Long term, fix political economy- talk to people about how we need to export instead of import and that things cannot be cheaper than what they are at international price level.

The people who have been handed the helm are in it to only steal and rob ....

 

[MisterSyed]

So much for Civil supremacy and Constitution

 

[Dalit]

Looney toons, neutrals and PDM are all now arguing PTI's rule is what kicked off the ongoing crisis. Before PTI things were good and on the right track. It was IK' gov't that took dollar from 114 to 184 so IK is really the one responsible for the current economic crisis...

Obviously not true. Nevertheless, loony toons, neutrals and PDM are back in power. What is stopping them from recovering the mess?

 

[ghazi52]

,..,

 

[ghazi52]

.,.,

 

[mosse]

It will go past 200 and beyond.

 

[AZ1]

how much wheat we import per year?

 

[SoulSpokesman]

@AZ1

how much wheat we import per year?

I am quite curious to know why Pakistan frequently imports wheat last few years. It was always the breadbasket of the subcontinent.

Regards

 

[AZ1]

Stock market crash again -1000 point

 

[Olympus81]

As much as I hate PDM and it’s ilk, PSX performance has no bearing whatsoever. It’s a casino.

What is important here is the Rs/$ parity, CAD figures, imports/exports, Remittances and other economic indicators.

Showbaz the great administrator and his team are in paralysis. They were in London to get advise from an absconder whose clueless as well. The PDM and establishment can shove it up their behinds when the economy hit critical level.

I hope the hate level for PDM and establishment reaches maximum level and things implode. Only then Pakistan can do a hard reboot and start over.

 

[SD 10]

Stock market crash again -1000 point

View attachment 844396

good, let it sink!

 

[Enigma SIG]

Wadda aya best Administrator.
A** wipe.