Cú Chulainn

5-Putting those numbers in perspectives, #Syria ‘s fertility rate (number of children that would be born to a woman if she were to live to end of her childbearing years) was nearly 7.5 from the late 50’s till early 1980’s. This is stunningly large number w profound implications

6-If Avg Syrian woman had fertility rate still near 7 by 1982, this age cohort grew to be 25 years old as 2007 drew close. By this time, country was in need of creating nearly 275,000 new jobs year in and year out for this age cohort

7-Also by 2007, nearly half of #Syria ‘s population was classified as rural. Since the above fertility rates are average, it meant that for nearly half the population those fertility rates were even higher than average. Think so where around 8-9 children per rural family

8- Rural #Syria ‘s tsunami was the drought that started around 2007. This was the final blow that destroyed any chance for nearly 10 million people counted in the rural bracket by then. Migration to urban centers picked speed & new challenges were now brewing

9-With this background, what was #Syria ‘s Govt up to? What was Eco policy? The fall of the Soviet Union in early 1990’s dealt a blow to most socialist Eco systems. Consensus opinion then was that such systems have failed and they need to be “reformed” to survive

10-#Syria was no exception to the trend of eco reforms that was sweeping Eastern Europe & by now Russia itself. The arrival of Bashar Assad to power in the middle of this period was seen as an impetus to accelerate #Syria ‘s pivot to “reform”

11-When Bashar Assad took over, #Syria had no private banks, insurance companies, stock market or any global food franchises. At the time, it seemed natural that Eco would get its reform by embracing the above industries (FIRE Eco stood for finance, insurance & Real Esate)

when has the FIRE sector ever produced real productive growth for a national economy as a whole?