As the revolution ramped up in Libya, the people gathered around a symbol which identified them as not being supporters of the dictator Muammar Gaddafi. The symbol was the flag of the monarchy which Gaddafi overthrew, and was subsequently adopted by the Transitional National Council as their official flag. In the context of the post-Soviet, […]
News has just come out of Fitch Ratings: Libya has had its credit rating dropped from BBB to BBB-minus. For those who don’t speak central banker, this means that Libya’s debt is now considered soggy used newsprint, instead of the far superior soggy unused newsprint. They’ve also warned that if the Libyans don’t start to […]
According to renesys.org, the Colonel has dropped the hammer: Libya is completely offline. [EDIT} The Internet has been restored. Consider this a thought exercise, more new comments below. [/edit] Once again, we see a dictator going straight for the big red button marked ‘do not push’ and pushing it. To reiterate what I wrote about […]
April 2, 2011 by Angry. Red. Tory
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