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The American Empire in a Changing World



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Friday, June 17, 2011

'Afghanistan facing insolvency within a month'

so much for nation building.......US has 400 military bases in this hell hole..........from the guardian......

"The Afghan government will struggle to pay its bills "within a month" after the International Monetary Fund rejected proposals for resolving theKabul Bank scandal, western officials have warned.
Although the war-torn country's biggest bank nearly collapsed last September, the government of Hamid Karzai and the international community are still at loggerheads over plans to fund an $820m (£507m) bailout as well as how the disgraced former managers and shareholders who helped themselves to hundreds of millions of dollars should be prosecuted.
As long as the IMF declares the plans to be inadequate, many countries, including Britain, are legally barred from pumping money into a government that is almost completely reliant on foreign cash to pay civil servants' salaries"............LINK

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