Thursday, July 17, 2008

Military Dispatched To Quell Protest At Karachi Exchange

We've discussed on here numerous times that market volatility is simply a reflection of social and economic volatility. And, we have talked ad nauseam about the tremendous risks in emerging market economies.

Today, Pakistan called in the military to stop a near riot by a gathering of investors at their stock exchange.

These are very likely the warm-ups before the main event. More on the main event in a huge post next week. Huge in both girth and content.
posted by TimingLogic at 1:13 PM