Thu, Oct 23 2008, 14:39 GMT
by Anthony Samaha
A. (23October US) Latest Impact: IMF supports Pakistan
The IMF received another application, after Iceland, from Pakistan to support its monetary system before facing total bankruptcy. Washington to approve $45bn as a rescue package to lessen the impact of the outflow of cash; Investors are withdrawing their accounts from the Pakistani banks.
Pakistan with a population of 170M & with over 60 nuclear heads, if faced by bankruptcy, would have very difficult time sustaining the counter insurgency & terror operations.
As a result, the US will not only have to pledge for rescue packages for its own financial crisis, but also for the international countries that is operating a war with under the title of ‘Democracy’ & ‘Counter terror.’ Have you seen any changes?
Remember: the more rescue packages are approved, the more printing of dollar is needed, thus the more hyperinflation trend to stem.
B. Signal
Limit Order Valid till 24 October
C. Mission Accomplished:
n/a
Position(s) Closed
D. The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
Published on Thu, Oct 23 2008, 14:41 GMT
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