Afghan Central Bank About to Collapse?

Afghan Central Bank About to Collapse?

www.bbc.co.uk

Armed police in pick-up trucks have been stationed outside the main branch of Kabul Bank as customers continue to withdraw money amid fears the Afghan bank may collapse.

Barbed wire has also been placed across the road to hold back the crowds.

The run on the bank began earlier this week after allegations of corruption and mismanagement, although officials have maintained the bank will not fail.

Meanwhile the US Treasury has denied it is preparing to bail out the bank

(visit the link for the full news article)

The US Treasury has denied that it will be bailing out the Afghan bank?

Of course they have! Any bailout will come from the Federal Reserve, NOT the US Treasury. However, regardless of WHERE it comes from, the US Taxpayer will still be on the hook for the cost.

It's very likely that the US Taxpayer will be on the hook for another bailed out bank, as the US Government has shown that it will do whatever it takes to prop up their puppet regime of Hamid Karzai.

There doesn't seem to be reports about this on ANY of the US networks.

www.bbc.co.uk
(visit the link for the full news article)

reply to post by babybunnies


Yup, the first phase of the complete unity of Afghans against the occupation is almost complete..

I post the beginning of this story last week, because that is when it started I think, and now it seems it is spiraling out of control as I said last week..

This will unite the people, because corruption is too high, and drugs are destroying families in Afghanistan, all because of Western mis-management, whether intentional or not.

Already the resistance has reached the north of Afghanistan, and even my dad's district Kapisa.. This sux, but hey, one side got to win sooner or later..

This is like physics in big picture, what happens when two unstoppable forces meet. Nothing will happen until one side is slightly weaker and looses.

Weakness in this case is not measure by guns and bombs, rather moral and courage.

The last group which has not joined the fight against the occupation is Hezb-e-Islami, the Heckmatyar followers, and Massoudies, who are part of the Northern Alliance.

Hezb-e-Islami has tried to establish peace talks between Taliban and the government many times now, and has called for withdrawal of all occupying forces, but hasn't happened, and nothing has been achieved therefore sooner or later they will jump in also.

The second phase is coming, the second phase is when the Mullahs finally find the courage to go to Mosques and openly call for Jihad. That is when you see how fast it grows, and how much pain will be inflicted towards the occupying forces and their puppet regime.

History repeats itself.

You got it. And as usual, the REALLY SERIOUS issues get COMPLETELY ignored by nearly every single ATS user.

They're so wrapped up in finding another possible reason for 9/11, a grainy ufo picture, or in finding conspiracies where none exist, that when a real issue comes along that needs to be discussed, no one is interested.

If the troops start firing into the crowds to stop a run on the bank, the Mullahs will get their Jihad, immediately.