If Afghan soldiers continue to kill American soldiers as is happening these days, it can hardly be assumed that they will stay in Afghanistan in the long term. And what role are they to play? There will not be enough soldiers to ensure the security of the country. But will the US still be permitted to kill terrorists in Afghanistan and Pakistan with un-manned drones? That could worsen the situation in the neighboring states and they could view Afghanistan as a threat.

I am confident that there are hedge funds, banks or investment companies that could allocate five percent of their portfolios for risky investments. In any event, for countries like Afghanistan the formation of an entrepreneurial class is of vital importance.

The West would be well advised to change its approach towards failing states. At present, no major power can find the correct ways and means - and the numbers of failing states are increasing. This year we watched the collapse of Mali, a consequence of the Libyan civil war. The south of Libya and Mali, and Niger too, are well on the way to becoming a no-man's land. After 9/11, George W. Bush and Tony Blair made the promise that they would not tolerate failed states because they could become a haven for terrorists. And today? The number increases.

The Soviets held to the tradition of colonialism. They raped the country and killed many people. But they also built dams, electrical power plants, streets, and technical schools. They were communists and had the same vision for Afghanistan that Stalin and Lenin had for the Soviet Union: Progress is communism plus electrification. And today? Today Kabul gets its electrical power from Uzbekistan, Herat from Iran and Jalalabad from Pakistan.

[Mullah Omar] gave himself this religious title. So it was something that all those people there who swore an oath of loyalty to him as a religious leader could not easily get rid of.

Pashtun nationalism is reasserting itself. Its political history spans several hundred years. The Pashtuns are angry at the Americans because, one, they're still being bombed, and two, they perceive that the Americans are backing the Tajik faction, which controls the army and security forces in Kabul.

The idea of a permanent U.S. military presence in Afghanistan, as opposed to an economic presence, is going to create a new wave of hostility toward the United States.