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Balkan next ? | 74 comments (74 topical, editorial, 0 hidden)
Re: There's an historical context (none / 0)
Some more numbers: Libya's GDP is under $100bn, so are we supposed to believe Libya is owed twice its GDP in unpaid oil deliveries? Libya's exports are under $50bn. Are we supposed to believe Libya is owed 4 years' worth of its whole export income just in unpaid oil bills?

Economy of Libya - Wikipedia, the free encyclopedia

Oil resources, which account for approximately 95% of export earnings, 75% of government receipts, and over 50% of GDP.


Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Tue Apr 5th, 2011 at 12:44:29 PM EST
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Balkan next ? | 74 comments (74 topical, 0 editorial, 0 hidden)
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