Third Government Set To Fall In A Week: Kuwait Cabinet Expected To Resign On Thursday "Over Questioning"

Tyler Durden's picture

Following the fall of the Portuguese and Canadian governments (and don't get us started on Belgium), here comes the latest entrant to the anarchy club. Kuwait's cabinet is expected to resign on Thursday after lawmakers asked to question three ministers, parliamentary sources said on Wednesday. More from Reuters: "The sources said that the cabinet was set to submit its resignation after lawmakers asked to question three ministers who are ruling family members, including the oil exporter's energy minister, who is also the information minister." After all what better way to avoid answering questions in a bona fide "democracy" than to take down the entire government. But this too is bullish: "Ministerial resignations are frequent in Kuwait, which has the most outspoken parliament in the Gulf Arab region." In other words it was priced on. And furthermore, with a globalized corporatocracy long in charge of the world, receiving its lifeblood of endless money and cheap credit, who needs governments anyway.