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The Wall...Comes Tumbling Down

Nope, not Wall Street.  The walls in Iraq.  While we are all angst ridden about the markets on Wall Street, the walls surrounding once volatile neighborhoods in Baghdad are slowly, but surely coming down.  Both the physical and metaphorical walls.
BAGHDAD — Market by market, square by square, the walls are beginning to come down. The miles of hulking blast walls, ugly but effective, were installed as a central feature of the surge of American troops to stop neighbors from killing one another.

“They protected against car bombs and drive-by attacks,” said Adnan, 39, a vegetable seller in the once violent neighborhood of Dora, who argues that the walls now block the markets and the commerce that Baghdad needs to thrive. “Now it is safe.”

If you are worried about investing on Wall Street, there are fresh markets in Baghdad.  In Baghdad, it is actually good when the "wall" tumbles down.  

1 Comments

Actually Iraq has probably been a super high risk reward place to invest.  I wonder how their market is doing.  I bet they are experiencing something of a boom with the influx of cash and the stability now possibly higher than under Saddam.

With these stability signs I think investors will move in despite the global disaster.