The Sky is Falling

Billboard

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Enter Captcha Here : *

Reload Image

This site uses Akismet to reduce spam. Learn how your comment data is processed.