The Sky is Falling
October 27, 2008
So right now Gulf Bank of Kuwait is facing what most would call a stampede , a lot of people are running off to withdraw money
Unless the Central bank of Kuwait show that they are Moving to protect the people , the stampede isn’t going to stop
Same thing happen in 1985 to another local bank , Kuwait Finance House , and it nearly collapsed
The bad news , the news about the bank is going to drag the Kuwait Stock Exchange further down , the good news , i got out of KSE a year ago :p
the problem is their ads are still up, from where will them come up with the million while they are infact losing millions?
btw, what caused this global economical crisis?
Comment by Q80-ChillGirl — 27/10/2008 @ 10:49 am
You sound like the GEICO insurance commercials! lol
Comment by Marzouq — 27/10/2008 @ 2:01 pm
Q80-ChillGirl
people who have money at the bank ?
and the reason for the crisis would need a lot of write up
Marzouq
yeah , its burned inside my mind , damn catchy commercial idea
Comment by Forzaq8 — 28/10/2008 @ 12:58 am
oooh how I wished that happen to Bank Borqan
you know what am talking about right forza
‘3′3′3′3′3′3′3′3′3′3′3′3′3′3
Comment by SpeeDeviL — 28/10/2008 @ 7:54 am
something similar is waiting to happen in Dubai.. however it is going to be a lot lot bigger…
the higher you fly, the greater the drop…
Comment by purpleram — 29/10/2008 @ 1:25 pm
SpeeDeviL
i know what you mean
purpleram
a lot are speculating about Dubai , we have to wait and see
Comment by Forzaq8 — 2/11/2008 @ 6:35 pm