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506 | Dollar to 350? The $4.8B Debt Trap & Pakistan’s Economic Reset | Laeeq Ahmed | TBT
Pakistan is officially repaying its $3.5 billion debt to the UAE while the dollar begins its violent search for parity at 350 PKR. We are standing at a critical juncture: an oil shock, a forex shock, and a regional war are colliding simultaneously. Is this a short-term knee-jerk reaction, or are the systemic foundations of our economy finally resetting?In this episode, Laeeq (Founder & CEO of Sarmaaya) joins me to break down the "bust-flatline-bust" reality of the Pakistani markets. We discuss why the stock market plummeted from 190,000 to 150,000 points, the inevitability of a 22.5% dollar…
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