Zerohedge.com just had an interesting article about a political crisis in Algeria as the people realize their long-reigning dictator, Abdelaziz Bouteflika, will not hold on to power forever. He is 82 years old and has had a stroke. No one knows for sure what will replace him or if the country will fall into civil war as the Islamists and the Army and any other faction battle for power. The economy is in bad shape; 97% of exports are oil and gas - and although oil averaged about $100/barrel from 2010-2014, ever since it has averaged about $50/barrel. Government revenue has collapsed and the effect on the population is extreme. If battle comes to Algeria, a huge new wave of Islamic immigrants will come to France.
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Algeria on the Brink of Civil War? Millions…
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Zerohedge.com just had an interesting article about a political crisis in Algeria as the people realize their long-reigning dictator, Abdelaziz Bouteflika, will not hold on to power forever. He is 82 years old and has had a stroke. No one knows for sure what will replace him or if the country will fall into civil war as the Islamists and the Army and any other faction battle for power. The economy is in bad shape; 97% of exports are oil and gas - and although oil averaged about $100/barrel from 2010-2014, ever since it has averaged about $50/barrel. Government revenue has collapsed and the effect on the population is extreme. If battle comes to Algeria, a huge new wave of Islamic immigrants will come to France.