Glad the old Libyan dictatorship has been overthrown. Libya has less population than Egypt so it may be easier to get the economy going again. Less people to feed plus there is a fairly easy source of revenue once the oil flows again. Hopefully this can also help Egypt since there have been a lot of Egyptian workers in the Libyan oil industry that sent money home to Egypt. Oil revenue can help in the near future, at least.
In the long run, it would be nice if the world were less dependent on the oil industry, but that's "down the road," so to speak. The road needs to turn into something more like a transit line and bike path.
Oil industry can be a corrupting force since so many oil exporting countries have been dictatorial societies, but this doesn't always have to be the case. Canada is a shining example of an open and multicultural society which exports a lot of oil. In fact Canada is the biggest oil exporting nation to the USA.
I wish both Libya and Egypt good fortune as they hopefully progress toward more democratic societies.
The world is changing.
No comments:
Post a Comment