The Taliban may have taken over the place….
But now?
They need to run a country with MILLIONS of people while more of them who ran the place keep bailing out…..
With this?
China seems to be the only super power to step into the place….
And THAT WILL cause political and national security worries for the West and Yes….America…
Oh, and there is the export of money making Opium.….
A “triple shock” to Afghanistan’s economy could leave local businesses scrambling for a future as the country moves toward an economic crisis, says its most recent central bank chief.
First, there was a regional drought. Then the COVID-19 pandemic. And now the Taliban takeover, Ajmal Ahmady said at an event hosted by the Atlantic Council on Friday. He said the Taliban “had sufficient revenues to run an insurgency but not to run a government.”
As the Taliban began the difficult task of taking over a broken and broke government, former insiders and outside observers said the local economy was perhaps days away from ruin.
The central bank was running low on funds, without support or access to its reserves from outside the country. The local currency, the afghani, was at risk of a sharp decline. And locals were struggling to figure out how local Taliban rules would affect their businesses….
…
Afghanistan had long struggled with officials who took their own share of government funds. Most of which came from foreign governments or international aid groups.
“Corruption is a plague that has crippled our country for decades and fighting corruption has been a central focus of my efforts as president,” he said in a message posted on Twitter. “I inherited a monster that could not easily or quickly be defeated.”
From an international perspective, it seemed clear that China had an interest in doing business with the Taliban, said Peter C. Earle, of the American Institute of Economic Research.
It was likely that Beijing’s acceptance of the Taliban — setting it apart in the international community — would amount to a first step toward helping the Taliban mine the “considerable mineral wealth” in the Afghani mountains and elsewhere, he said….
Note….
The Taliban it is reportedly has told its farmers to stop growing opium….
THAT is NOT gonna work…..
My Name Is Jack says
Yeah let’s worry about the economy of Afghanistan.
I’m more concerned about our economy.
The Afghanistan obsession is running a close second to the Trump obsession.
Give it Up.
Much as you enjoyed that war?
It’s over.
Find another one did To make you happy.
Keith says
Melting away? It never existed without us. The withdrawal from Afghanistan is becoming more popular with every passing day. The fact that we have the remaining assets tied up in our banks means we have leverage going forward. In six months the media will have moved on to another issue.
jamesb says
The American Government WILL BE concerned about Opium production and China in the Middle East…
THAT will be something we’ll see in the future….
Bet on it….
My Name Is Jack says
They’ve only been producing opium for over a hundred years.
jamesb says
Yup….
And the Taliban isn’t gonna stop them
But the drug IS an issue fir the West whose people use it
The production will go up snd that means more is around in the streets of the West
My Name Is Jack says
Afternoon Republican trash:
Domestic terrorist supporter Josh “Clinched Fist” Hawley is demanding the resignation of Sec of State Anthony Blinken and Sec of Defense Lloyd Austin .
Republican propagandist Tucker Carlson admitted in an interview that he lies “when really cornered or something.”
Republican “punk” Madison Cawthorn has four challengers in the Republican primary .
Republican VP Mike Pence sought the advice of former VP Dan Quayle As to how he could steal the election for Trump.To his credit Quayle told the bootlicker that there was nothing for Pence to do but listen to the parliamentarian “That’s all you do.You have no power.”
Donald Trump says House Republican Leader. Kevin McCarthy “f***** me.He is not a good guy.”
Scott P says
Quayle looks like statesman compared to the toady Pence