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Politics : Idea Of The Day

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To: Nadim Mando who wrote (16879)	2/5/1998 11:53:00 PM
From: IQBAL LATIF	Read Replies (3) of 50167

'Nadim'- off topic -of Soros and Islam'-please skip if you are not interested on this subject. nice to have you on our thread- I welcome here contarary opinion and I will not like to stiffle your thinking on shorts- we may not agree on what you say but we will certainly defend your right to express albeit very unconventional thoughts- Nadim you must have noticed that this thread is not about few levels we run with our few friends up here a 'soap opera'- we have intrigue, jealousies and drama all in one ticket- now to create all this needs a 'maverick' and that what this thread is all about. We have treated global issues on merit we make opinions not follow what we read in press it is this independent line which is gaining currency and ascedancy- this thread has seen a lot of up and downs some of our critics thought that this experimnet will die soon little realising the fact that our mission is not to create a money machine on the thread but to create conducive inter- human relationship on cross border basis where love may overtake hatred and misunderstanding. Much as I love Quran and Allah I see that Bible and Torah Bhagavat Gita and all other Holy books provide guidance to humanity to reach a consensus of 'global unity'- I see no designs involved by anyone to destroy other societies- I know Goerge Soros I have seen him in LSE I find him one of the finest human being let me tell you what Dr Mahatir does not know- this Hungarian emigre Jew provided 250 million $'s during height of Bosnian crisis to encircled predominanatly Muslim community of Bosnia- this was the largest single donation to besieged town of Sarajevo- now we forget this super human efforts and highlight his role as biggest destructive speculator- Nadim if Dr Mahatir would have run his show well economically he would not face wrath of vandals- now when Qntm and Tiger funds pour money in ASEA we don't mind but when they see economic mis governance and attack currencies we find this as an attack on 'Islam'- let common sense prevail Soros led the largest attack on British pound in Sept of 95- now what will you term that attack? Do you know what was the collateral benefit- Britian emerged as one of the most successful economies as they freed themselves from'snake' the EMU band which kept their interest rates far too high- this is the truth- where ever you provide opportunity present global market pundits will take opportunity- it is not about Islam or Christainty or Judiacism it is about 'economic mis- governance'- you better invest incoming hot funds with intelligence if your return from investment is lower than the funds anticipation this being coward captial drooves out in no time- Mexico Brazil at one point in time in recnt history are examples. I think the need is communicate with fellow beings on basis of mutual' tolerance'- where ever a single drop of blood is shed we should condemn it - I find it very painful that we practice double standards and that is inhumane- we see conspiracy even in most professional of economic profit taking exercises we keep mum when innocent children are killed in political terrorists attacks- it is this contradiction of 'differentiing between human children' which has made me skeptical of our collective approach- I hope we can bring 'universal human factor' while judging actions of any individual. I will encourage you to post any further message to me on 'private mail' since I believe that this may not be the right forum to discuss such sensitive issues, however I don't mind issues being raised as biggest single economic threat to Wall Street may come from emerging violence in eastern societies- Oil prices , political violence and economic stability are three inter-related phenomenon. You cannot judge markets devoid of 'political' undercurrents in eastern societies and Mahatir statement accusing attack on Ringitt as a conspiracy is indicative of strange logic. As a student of global markets I do give a lot of weightage to what happens around me. For me sell and buy decisions on longer term horizon are dependent on current contemporary political thinking and identifying pockets of trouble in our small little universe. It is because of this we have instead of few buy and sells commentries on issues and that is the way this thread will go forward. Keep coming.

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