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Politics : Idea Of The Day
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To: jtech who wrote (40520)9/17/2001 2:45:25 PM
From: IQBAL LATIF  Read Replies (2) of 50167
 
Hi Jtech, how are you doing! Long time to talk to you, please get out of long oil positions, I think USA would demand that, Prince Abdullah will give it, so will the Kuwaitis. Just 2 million barrels/day and OPEC will not be able to help the price below 18$, low oil price associated lower interest rates a lot of liquidity and will to rebuild from the depth of Ground Zero to new heights will take the nation out of this cul-de-sac. If Pakistan can be asked to come out why not Saudi and Kuwait and other Gulf littoral states. Sometime such external shocks to the economy can be helped by some stimulus; this is the incentive that will help without any problem or accusations of intervention with free markets from economic puritans.
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