Kabubble: Kabul's Looming Collapse

The World
A recent article in Harper's highlights the huge distortions in the economy of Afghanistan. Mathieu Aikins wrote the piece about what he says is a bubble in Kabul. The title is "Kabubble." Scenes of crass conspicuous consumption, alongside highly inflated prices for land and goods and services are unsustainable, he argues. And, he says, a crash is inevitable, probably as soon as the majority of foreign forces leave Afghanistan in 2014.
Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.