Is Biden messing with Afghan economy? No, but it's circling the bowl

No, not California, but close

Kabul -- When your head is in the Seventh Century, your economy might follow. Now that the Taliban has been given free rein by our illustrious President Joe Biden, the terror group is as competent at running the economy as Biden is running the U.S. 

Afghanistan has plummeted into an economic and financial vortex circling the bowl. The financial crisis has stifled businesses and paralyzed banks sending inflation rates skyrocketed but at least it's a metaphor and not actual rockets. Poverty is rampant and the situation is threatening to undermine the Taliban government right at the get-go. 

Although the country had been receiving foreign aid, that has all but dried up to only about a quarter of what it had been. The Taliban regime cannot even get their bloody hands on the $10 billion in assets held overseas by the Afghan central bank and they just might need to sell the used weapons they inherited by the Biden administration's clusterfrack of a withdrawal.

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The afghani, their local currency, has nosedived in value and in many parts of Afghanistan, has been replaced by the Pakistani rupee, which had previously been used in wide swaths of eastern and southern Afghanistan. 

The country still needs to import billions of dollars’ worth of goods, but now it has fewer options to earn money from exports than before, and it has a hard time physically getting remittances from Afghans abroad.

Under the previous Taliban takeover, just over two decades ago, Afghans were thrown into economic turmoil. Many Afghans merely existed on the brink of starvation as little aid trickled in. So-called experts now fear a repeat. 

Almost every Afghan could be at risk of sinking below the poverty line next year, the United Nations Development Program warned.

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