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Entry: The Afghanistan Fallacy Link: http://www.takimag.com/blogs/article/the_afghanistan_fallacy#28480 Post contents: http://en.wikipedia.org/wiki/Ishrat_Husain http://www.ishrathusain.com/ Ishrat Husain was central banker of Pakistan on 9/11/2001. He wrote a book saying that Pakistan had 38 billion USD debt on 9/11 and that its interest was greater than gross exports. Pakistan was under sanctions on 9/11 because of its nuclear test in 1998. He said its position was unsustainable. Without 9/11 and the dropping of sanctions and new loans it would have gone bankrupt and had to give up its entire nuclear program to get financing. In 2001, Shaukat Aziz of Pakistan won finance minister of the year award for post 9/11 refinancing. He later became Prime Minister while still finance minister. Before these jobs he worked at Citigroup. If after 9/11 we had left sanctions on Pakistan and stopped all immigration we would be further ahead today. Sent at: 2008 12 02