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Posted by Shajee on 10/29/2008, 1:15 pm
Pakistani Investors & U.S. Dollar [Dhaee Rupay Ka Dollar]
US-Dollar Crises
Iraq Updates Home Page
http://www.google.com.pk/search?hl=en&q=iraq+updates&meta=
Go to:=> Finance & Banking
http://www.iraqupdates.com/p_articles.php/scat/12
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Iraq spared worst of credit crisis, exposed to oil drop
By Missy Ryan - Analysis
http://www.iraqupdates.com/p_articles.php/article/38498
USA was responsible for surge in Oil prices up to 147; for the reason USA wanted global countries to finance Iraq, by this action, other countries through High Oil Price Sale Proceeds financed Iraq
USA created a net for other countries by pulling up oil prices to fund Iraq through oil sale proceeds; unfortunately USA became the victim of his own web net and finally USA ended in Financial & Banking Crises
USA banking financial crises initially started with failure of USA home mortgage financial banking system.
There was a plunge of oil prices from 147 to 60, next now Oil will hit USD 8 [Eight]from where USA operated Fund managers started to lift and reached 147
There was plunge in USA Stock Markets
To resolve the US Financial crises, USA came out with USD 700 Billion financial bail out plan
USA Financial Bail out plan is resulting in printing of USD Currency notes in very high volumes in Trillions resulting in surplus of USD Currency notes in circulation.
Believe it or not, after the recent plunge of Oil from 147 to 60, likewise, the way the USA financial train is moving in the critical direction while printing Trillion of currency notes, wait and see in very near future, see how US-Dollar tumbles with a nose dive in the international market.
Pakistan Investors in Crises
Pakistani investors have a strange typical physiology of heard of sheep, without having any knowledge and experience all investor simply jump in, to follow a single investor who had started a new business adventure, resulting in mushroom growth and business is finally spoiled for every body.
All investor entered the following business adventure and lost money
· Investors invested in Investment companies
· Investors invested in Finance companies
· Garments Industry
· Poultry Farms
· Schools
· IT-Institutions
· Real Estate – suffered losses 30 to 45 % on their investment
· Real Estate – Investment in Dubai
· Stock Market Trading – suffered heavy losses recently
Nine months before Pakistani investors were after buying Euro currency; recently investor attention is diverted in for buying U.S. Dollars, Tom Dick and Harry; housewives, cooks, house maids, bus & wagon drivers every second person is there to buy Dollars and hoarding, the situation is today if you present a cash cheque for one hundred US-Dollars at any bank counter in Pakistan there is no physical Dollars available in banks to pay.
The media is fanning the U.S. Dollars hoarders, Pakistan Foreign currency reserve going down no foreign exchange reserve left for import bills for next one month, all Foreign Exchange reserves eaten up by high oil import bills, media saying all that, do not see any alarming situation, Pakistan is always been a very good customer of IMF & World Bank based in Islamabad, these banks are always waiting for an opportunity to provide financial assistance to Pakistan and other under developed countries who need money from time to time, this is not something new for Pakistan to borrow money IMF & World Bank.
This time Pakistani USD investors are heading for real financial trouble, hoarders of physical Cash US-Dollars will get a lifetime battering of acute financial colossal losses; once the US currency under printing in Trillions comes in circulation system and Dollar tumbles down like oil there will be practically no buyer to buy even at the exchange rate:
1.00 USD = Pak-Rupee 2.50
Dhaee Rupay Ka Dollar
Dhaee Rupay Ka Dollar
See how these investors line up at Money Changer counters, to sell their hoarded US-Dollars and Money Changer will refuse to buy US physical Cash Dollars.
US-Dollars hoarders families in Large numbers are heading financial casualties
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