Return on weaponry datapoint of the day

By Felix Salmon
December 2, 2009
Haradheere, Somalia:

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For really impressive stock-market returns, go to Haradheere, Somalia:

Piracy investor Sahra Ibrahim, a 22-year-old divorcee, was lined up with others waiting for her cut of a ransom pay-out after one of the gangs freed a Spanish tuna fishing vessel.

“I am waiting for my share after I contributed a rocket-propelled grenade for the operation,” she said, adding that she got the weapon from her ex-husband in alimony.

“I am really happy and lucky. I have made $75,000 in only 38 days since I joined the ‘company’.”

The problem is, what happens to the pirate stock market if share prices fall and there’s a Pakistan-style riot? The Pakistanis had stones and plant holders which they threw at the exchange; the Somalis I think can trump that very easily.


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Let’s hear no more about Grameen microloans so women can set up cellphone rentals or naan stands. This is true empowerment!

Posted by Monte Davis | Report as abusive

Are you saying we should go short on piracy? Is there an equivalent?

Posted by MattF | Report as abusive