Civil War in Libya

[tibilicus]

Goldman Sachs is, for all its recent scumbaggery, still a renowned and incredibly huge bank. Besides, all the other ones with the size, experience and power to help an upstart government are also scumbags. The new government has shown wisdom in consulting financial matters with someone outside, I really don't think they would've been able to handle the economy alone in the first year.

Libya is an oil country. They'll have to sell it of course, so it's only logical that they're making deals. Why on earth wouldn't they?

None of this is a cause for concern. On the contrary, it's a sign that things are progressing towards a functioning state.

It should also be noted that Libya is in a very strong position economically. Whilst it lacks infrastructure and wealth distribution it does have zero debts, $120 Billion in frozen assets and massive oil reserves. With a little bit of help in management and administration and without the need for direct aid, Libya has the opportunity to become a reasonably developed economy.