Pakistan facing bankruptcy

Oliver · 7th October 2008, 05:07 PM

Quote:

Pakistan's foreign exchange reserves are so low that the country can only afford one month of imports and faces possible bankruptcy.

Mr Zardari told the Wall Street Journal that Pakistan needed a bail out worth $100 billion from the international community.

"If I can't pay my own oil bill, how am I going to increase my police?" he asked. "The oil companies are asking me to pay $135 [per barrel] of oil and at the same time they want me to keep the world peaceful and Pakistan peaceful."

Source: http://www.telegraph.co.uk/finance/f...ankruptcy.html

In other Words, Pakistan is suspending it's War on Terror campaign
to safe it's economy. Maybe they should start thinking about selling
some of their 300 nukes to Iran now.

mr rosewater · 7th October 2008, 06:24 PM

A Lot easier to send them to India. Don't ya think?

HereticHulk · 7th October 2008, 06:28 PM

Let the American tax payers bail them out!

doobiedoright · 7th October 2008, 07:01 PM

Last I saw oil was 88bucks a barrel....Dude why pay 135?

Oliver · 8th October 2008, 04:13 AM

Originally Posted by HereticHulk

Let the American tax payers bail them out!

Or Obama invade the country.

moon1969 · 8th October 2008, 05:38 AM

Too bad Mahmoud Ahmadinejad doesn"t like Pakistan. Mahmoud Ahmadinejad supports Hamid Karzai and hates the ISI. USA should invade Pakistan and so should India and Afghanistan. Terrorist groups have no right to use Pakistan as a safe haven. ISI is supporting terrorists in Kashmir.

geni · 8th October 2008, 06:51 AM

Originally Posted by Oliver

Maybe they should start thinking about selling
some of their 300 nukes to Iran now.

Again the Sunni/Shia split says no. Saudi arabia would be more likely to make such a puchase.

Darat · 8th October 2008, 07:11 AM

Hope they didn't have their money in an Icelandic bank.

HereticHulk · 8th October 2008, 06:12 PM

Originally Posted by Oliver

Or Obama invade the country.

He has to win first, then more wars.

Watch out Afghanistan & Pakistan (back to Iraq after it falls apart again once we leave) we are bringing our broke butts over there w/ borrowed money.

7th October 2008, 05:07 PM	#1
Oliver ~The Rascal~ Join Date: Aug 2006 Location: Cologne Posts: 17,369	Pakistan facing bankruptcy Quote: Pakistan's foreign exchange reserves are so low that the country can only afford one month of imports and faces possible bankruptcy. Mr Zardari told the Wall Street Journal that Pakistan needed a bail out worth $100 billion from the international community. "If I can't pay my own oil bill, how am I going to increase my police?" he asked. "The oil companies are asking me to pay $135 [per barrel] of oil and at the same time they want me to keep the world peaceful and Pakistan peaceful." Source: http://www.telegraph.co.uk/finance/f...ankruptcy.html In other Words, Pakistan is suspending it's War on Terror campaign to safe it's economy. Maybe they should start thinking about selling some of their 300 nukes to Iran now.
	__________________

7th October 2008, 06:24 PM	#2
mr rosewater Muse Join Date: May 2004 Posts: 610	A Lot easier to send them to India. Don't ya think?
mr rosewater Muse Join Date: May 2004 Posts: 610

7th October 2008, 06:28 PM	#3
HereticHulk Muse Join Date: Jul 2007 Posts: 716	Let the American tax payers bail them out!
HereticHulk Muse Join Date: Jul 2007 Posts: 716	__________________ "Religion provides the solace for the turmoil that it creates.” ~ Byron Danelius

8th October 2008, 04:13 AM	#5
Oliver ~The Rascal~ Join Date: Aug 2006 Location: Cologne Posts: 17,369	Originally Posted by HereticHulk Let the American tax payers bail them out! Or Obama invade the country.
	__________________

8th October 2008, 07:11 AM	#8
Darat Lackey Administrator / JREF Forum Liaison Join Date: Aug 2001 Location: South East, UK Posts: 64,731	Hope they didn't have their money in an Icelandic bank.
	__________________ If it were all so simple! If only there were evil people somewhere insidiously committing evil deeds, and it were necessary only to separate them from the rest of us and destroy them. But the line dividing good and evil cuts through the heart of every human being. And who is willing to destroy a piece of his own heart? - Aleksandr Solzhenitsyn 1918-2008

7th October 2008, 07:01 PM	#4
doobiedoright Critical Thinker Join Date: Jul 2008 Posts: 399	Last I saw oil was 88bucks a barrel....Dude why pay 135?

8th October 2008, 05:38 AM	#6
moon1969 Graduate Poster Join Date: Apr 2008 Posts: 1,288	Too bad Mahmoud Ahmadinejad doesn"t like Pakistan. Mahmoud Ahmadinejad supports Hamid Karzai and hates the ISI. USA should invade Pakistan and so should India and Afghanistan. Terrorist groups have no right to use Pakistan as a safe haven. ISI is supporting terrorists in Kashmir.

8th October 2008, 06:51 AM	#7
geni Anti-homeopathy illuminati member Join Date: Oct 2003 Location: UK Posts: 26,552	Originally Posted by Oliver Maybe they should start thinking about selling some of their 300 nukes to Iran now. Again the Sunni/Shia split says no. Saudi arabia would be more likely to make such a puchase.

8th October 2008, 06:12 PM	#9
HereticHulk Muse Join Date: Jul 2007 Posts: 716	Originally Posted by Oliver Or Obama invade the country. He has to win first, then more wars. Watch out Afghanistan & Pakistan (back to Iraq after it falls apart again once we leave) we are bringing our broke butts over there w/ borrowed money.
HereticHulk Muse Join Date: Jul 2007 Posts: 716	__________________ "Religion provides the solace for the turmoil that it creates.” ~ Byron Danelius