Posted by: quite_guy April 19, 2008
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how correct was I...
- Nepal is witnessing major Capital-Flight, losing around 200+ crore a day
- NEPSE - Stocke Exchange index's down almost 27% (loss of Rs 900 crore "US$ 140 Million", that is equal to total Garments + Carpet exports annually; or total of One months of Overseas remittance to Nepal) with-in 1st hour of opening market after election, exchange was shut-down in response and still is closed.
- Inflation is already such an issue in KTM.
- Next, in line are Currency devaluation.. and ruin of Nepal or becoming Somalia.
However currently reading the way Maoists are talking, they've become bit soft and I hope they remain so in policy road map and implementation too. My biggest worry is that Internal Fight among themselves "Hardliners and YCL, PLA stuff" might spill-it out, resulting in Somalia style governance.
- Nepal is witnessing major Capital-Flight, losing around 200+ crore a day
- NEPSE - Stocke Exchange index's down almost 27% (loss of Rs 900 crore "US$ 140 Million", that is equal to total Garments + Carpet exports annually; or total of One months of Overseas remittance to Nepal) with-in 1st hour of opening market after election, exchange was shut-down in response and still is closed.
- Inflation is already such an issue in KTM.
- Next, in line are Currency devaluation.. and ruin of Nepal or becoming Somalia.
However currently reading the way Maoists are talking, they've become bit soft and I hope they remain so in policy road map and implementation too. My biggest worry is that Internal Fight among themselves "Hardliners and YCL, PLA stuff" might spill-it out, resulting in Somalia style governance.