Nuclear Tests in Pakistan

And so it has come to pass, that man can take pride in the ability to annihilate his fellow man. Rejoice, Pakistan, you are able to destroy cities.

The Beginning of the End.

GOP does not have the funds to make next month`s installment on its debt. The IMF is perhaps going to be pressured by the US into freezing the interim facility which keeps the cash flow going. This will result in down grading of the country`s credit rating from the present B minus, to probably EEE. The result is a total freeze on all foreign investment. This means that projects like Koh-i-Noor power, etc, stop dead in their tracts. In the very short term (2 to 10 weeks) the Pakistani currency may actually see a paradoxical boost in value against the US Dollar, but it will surely not last. Shortages and rationing will create crippling unemployment and inflation and the currency will inevitablt tumble. The first major resistence may not come till the rate reaches Rs. 350.00 against one US Dollar. Indonesia`s economic outlook will appear as paradise in comparison.

Hindustan`s eventual break-up is an inevitability, but this irresponsible act has put the dismentaling of Pakistan on the fast tract also and it may even happen sooner than that of Hindustan.

Hyperinflation is a destructive phenomenon, and Pakistan will be at its brink. If hyperinflation does hit Pakistan, it may set in by this coming winter or early next year. By next summer (if hyperinflation were to set in - the chances of which will be high) one simple meal of dal roti at a street side tandoor could cost as much as 500 rupees. We could begin to see bank note of 10 thousand, 50 thousand, and hundred thousand ruppees. The examples of Russia, Poland, Turkey, Argentina etc., are sobering reminders.

Perhaps this IS what the country NEEDS to go through before actual reform and change can begin to set in. The only thing is, it will not be the same country any more. It may take a totally new shape and form. Let`s hope whatever happens, in the end it is better for the PEOPLE of the country who are ultimately the ones to suffer from the deeds of the criminals that run Islamabad.

...SR

I don`t want to comment on whether in the context of the situation that has developed in the last 2 weeks and the world`s response to it, this test was justified or not. Certainly as the world does not appear to be serious about non-proliferation of nuclear weapons, Pakistan`s test looked inevitable at some point. I believe the world is to blame for Pakistan`s test.

Nevertheless it is one more sad day for the people who wish to see peace and prosperity in Pakistan and India (and the world in general). Evil rules : the flames of tribalism, jingoism and false pride now leap high with joy on this side of the border. We must make sure that the voices of those who seek peace drowns those amongst us who preach hatred and evil. This is a very false dawn. India has succeeded in inflicting a great injury on the future of the people of Pakistan leaving aside the damage to their own nation.

Precious resources will be diverted towards nuclear weapons development. We are entering a further period of misery.

Let not those who seek a peaceful resolution of disputes be silenced by the apparent success of the designs of evil men.