Before I start my TOO MANY QUESTIONS I want to say what pushed me to write such an article.
A court order stopped the trading in the Kuwait stock Exchange, this headline has really pulled on my nerves, it was worse than a slap in the face.
Now the questions,
Who went to court and raised a case to stop the trading? Who is the judge who gave the order? What is his expertise and what does he know about the financial markets? What was this order meant to give to the stock market? What will happen when they resume the trading? Or will they keep it halted forever?
That was about Kuwait; now let’s look at the big picture,
Where are the Arab governments’ spokesmen who were shouting out loud that the global financial crisis will not affect us? In fact, where are those who had the guts to say that it’s going to be beneficial for us? ( I remember I wrote about this and said that I agree with them only if they did the right thing, but obviously they are doing the exact opposite).
And speaking of the liquidity crisis, is it possible that the gulf states have a liquidity crisis? And what about the companies? How about buying your 10% treasury stocks? Don’t you think this will give investors more confidence in your stock? Or don’t you think it's worth buying?
There is only one thing I want to say;
IF YOU CAN’T STAND THE HEAT, STAY AWAY FROM THE KITCHEN.