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Pastimes : G&K Investing for Curmudgeons

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To: tekboy who wrote (14633)6/4/2001 12:17:12 AM
From: kumar  Read Replies (1) of 22706
 
working with Egypt and the GCC countries to make sure they don't make the situation worse

u being the policy wonk, u're more current than me on GCC.

IMO :
Back in the mid 1980's and so on, GCC had a primary interest of "keep the Western world moderately happy",(some GCC countries at that time had "succession problems"), so the Western world was available to bail em out if the need arose, based on the leverage of oil.

Israil was a thorn, but IMO, (atthat time) GCC countries used the palestine issue(s) as a pawn in the game. I suspect they will continue to do so.
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