The Taliban may have taken over the place….
They need to run a country with MILLIONS of people while more of them who ran the place keep bailing out…..
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….
The Taliban it is reportedly has told its farmers to stop growing opium….
THAT is NOT gonna work…..