Referring post 61094, do not keep your savings in Dollars or Euro's. Their fundamentals are very fragile.
Especially friends living in US and Southern Europe, please have your plans ready for sharp decrease in purchasing power of your earnings.
Friends living in countries or working in institutions too dependent on exports to these regions, watch for adjustment.
Onlooker replied on Friday, September 21, 2012 03:42 AM
So what can be the options? Canadian dollars? Is it time to take a risk perhaps on Pakistan investments as their deval adjusted returns are also attractive. |
lahori_guy replied on Friday, September 21, 2012 04:04 AM
Well currency is any form is fragile. To minimize risk, just distribute your wealth is good chunks of property, gold, investments in shares/bonds and different foreign currencies. |
Jameel replied on Friday, September 21, 2012 07:32 PM
Dear Naveed you have good insight in global economy, It looks abvious after 1999 Dot com downfall, all sorts of efforts to revive global economy have failed there had been only few short term positive trends but in general market is standing where its was, So what do you think what will be direction now. [I am talking in long term] |
javid replied on Saturday, September 22, 2012 06:59 AM
Naveed Bhai and Jameel Bhai could you please tell the future of EURO and GBP sterling in coming days. will it increase or collapse completely. |
