A new office building in Kabul, part of a boom some say is unsustainable. (Photo: Wiki Commons)
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.
The story you just read is freely available and accessible to everyone because readers like you support The World financially.
Thank you all for helping us reach our goal of 1,000 donors. We couldn’t have done it without your support. Your donation directly supported the critical reporting you rely on, the consistent reporting you believe in, and the deep reporting you want to ensure survives.