Oh sorry, my mistake, I don’t have one anymore…
One step forward, ten years backwards and the sorriest speech I have never heard…
In essence, here is the deal and the rationale. Since the Judiciary went Rambo, and the media got out of hand and the investors were leaving in droves, it was thought prudent to declare emergency so that they would stop…No shit Sherlock.
Here is what will happen Monday. The stock market will go up since every single state agency with a dime in their pocket will be buying Monday. Pakistan Euro Bond will go down (dollar yields jump back to their 9% levels as spooked investor do their knee jerk) and the Rupee will dip.
What does this mean for the rest of us who still live in this country? General Ayub pulled a fast one on Iskandir Mirza which a decade later was followed by General Yahya pulling the same stunt, followed a few years later by CMLA Bhutto, taking charge of our august nation, immediately after its dismemberment. So if we could survive all of that shit, this is just chicken feed. Our great nation will go on with the ostriches in Isloo including our ex-citi banker-no-comment PM with (now) zero credibility, doing their level best to hold us back. Two years down the road we will look back at this, curse the Chaudries of Gujrat for their stupidity and greed, go home and cry…
I voted for you Mr. President and you just threw it away…