Comments on: Libyan chaos could threaten Mediterranean economy http://blogs.reuters.com/breakingviews/2011/02/22/libyan-chaos-could-threaten-mediterranean-economy/ Wed, 22 May 2013 21:12:54 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Theysay http://blogs.reuters.com/breakingviews/2011/02/22/libyan-chaos-could-threaten-mediterranean-economy/comment-page-1/#comment-6535 Theysay Sun, 27 Feb 2011 03:02:42 +0000 http://blogs.reuters.com/columns/?p=5378#comment-6535 This seems a very fair and even analysis and I doubt if the IMF comment will change any opinions about the debt merchants the IMF protects as last resort. The article and comments seem to ignore the fact that six million residents of Libya must do something, besides pounding sand, to improve their lives and add assets to Libya or to Qdufus and sons. This article has some nice tid bits of economic info that the general public should be aware of; especially those who don't know that Tripoli has been a pirate haven for generations. Keep reporting Ms. Galani. This seems a very fair and even analysis and I doubt if the IMF comment will change any opinions about the debt merchants the IMF protects as last resort. The article and comments seem to ignore the fact that six million residents of Libya must do something, besides pounding sand, to improve their lives and add assets to Libya or to Qdufus and sons. This article has some nice tid bits of economic info that the general public should be aware of; especially those who don’t know that Tripoli has been a pirate haven for generations. Keep reporting Ms. Galani.

]]> By: ogobeone http://blogs.reuters.com/breakingviews/2011/02/22/libyan-chaos-could-threaten-mediterranean-economy/comment-page-1/#comment-6526 ogobeone Sat, 26 Feb 2011 01:04:09 +0000 http://blogs.reuters.com/columns/?p=5378#comment-6526 ¨Despite its massive failings, Libya, as other similar countries, has won praise from the International Monetary Fund.¨ It's too bad that Ms Galani didn't flesh this one out a little more. I suspect that the IMF's focus is mainly on debt levels for any given nation, and obviously one that lives within its means, as most oil nations will, gets a thumbs up from them. So people reading that statement will gain a prejudiced view of the IMF as if it is complicit in supporting corruption in Libya, while that could hardly be the case. The IMF is merely a banker of last resort, as far as I can see, unless the institution is more politicized than I have been led to believe. ¨Despite its massive failings, Libya, as other similar countries, has won praise from the International Monetary Fund.¨

It’s too bad that Ms Galani didn’t flesh this one out a little more. I suspect that the IMF’s focus is mainly on debt levels for any given nation, and obviously one that lives within its means, as most oil nations will, gets a thumbs up from them. So people reading that statement will gain a prejudiced view of the IMF as if it is complicit in supporting corruption in Libya, while that could hardly be the case. The IMF is merely a banker of last resort, as far as I can see, unless the institution is more politicized than I have been led to believe.

]]> By: contrarymary http://blogs.reuters.com/breakingviews/2011/02/22/libyan-chaos-could-threaten-mediterranean-economy/comment-page-1/#comment-6499 contrarymary Thu, 24 Feb 2011 17:06:07 +0000 http://blogs.reuters.com/columns/?p=5378#comment-6499 Oil supplies on the planet are not unlimited--the reason oilman George Bush used his presidency to invade a big oil producer unrelated to 911--US Companies ran out of accessible supplies and needed a new source. Tensions in the Middle East between the poor and the autocratic elite and their well-paid supporters have been building for decades--the results now painfully apparent. And there is the Inconvenient Truth of global warmin--caused by carbon-based fuels. So now we have the Perfect Storm unfolding before our very eyes. Don't count on oil supplies or prices ever stabilizing again. Instead you will be forced to transition--evolve--to energy sources and production with a Green Footprint. Or else. Oil supplies on the planet are not unlimited–the reason oilman George Bush used his presidency to invade a big oil producer unrelated to 911–US Companies ran out of accessible supplies and needed a new source. Tensions in the Middle East between the poor and the autocratic elite and their well-paid supporters have been building for decades–the results now painfully apparent. And there is the Inconvenient Truth of global warmin–caused by carbon-based fuels. So now we have the Perfect Storm unfolding before our very eyes. Don’t count on oil supplies or prices ever stabilizing again. Instead you will be forced to transition–evolve–to energy sources and production with a Green Footprint. Or else.

]]> By: Ismailtaimur http://blogs.reuters.com/breakingviews/2011/02/22/libyan-chaos-could-threaten-mediterranean-economy/comment-page-1/#comment-6492 Ismailtaimur Thu, 24 Feb 2011 05:51:41 +0000 http://blogs.reuters.com/columns/?p=5378#comment-6492 Play on people >you are what you eat Play on people >you are what you eat

]]> By: SteveC http://blogs.reuters.com/breakingviews/2011/02/22/libyan-chaos-could-threaten-mediterranean-economy/comment-page-1/#comment-6478 SteveC Wed, 23 Feb 2011 06:30:47 +0000 http://blogs.reuters.com/columns/?p=5378#comment-6478 Greedy oil cartel members will quickly capitalize on high prices to capture a windfall. Thus, I don't think that oil supplies anywhere will be threatened. And as a bonus, those producers will be applauded for "stepping up to the plate" and being a stabilizing force on the world economy, in a time of need. It's a perfect play. Greedy oil cartel members will quickly capitalize on high prices to capture a windfall. Thus, I don’t think that oil supplies anywhere will be threatened. And as a bonus, those producers will be applauded for “stepping up to the plate” and being a stabilizing force on the world economy, in a time of need. It’s a perfect play.

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