Global financial turmoil and Pakistan
By Nasir Jamal
The financial markets in the United States are in a turmoil of historic proportions, most serious since the Great Depression. The crisis triggered by sub-prime mortgage debts and the unprecedented state intervention to stem the deepening trouble in the financial markets are being viewed by many as the beginning of the end of the American financial capitalism, at least as we have known it until a few days ago.
Read More »Global financial turmoil and Pakistan