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To: Oeconomicus who wrote (132876)10/12/2001 3:46:07 PM
From: GST  Read Replies (1) of 164684
 
Our economy is highly sensitive to the price of oil. The price of oil is highly sensitive to events in the middle east. The middle east is highly sensitive to religious fundamentalism. Religious fundamentalism is highly sensitive to the presence of the US in the middle east. The presence of the US in the middle east is highly sensitive to the need to secure oil sources, and now, to terrorism on US soil. It is logical to plan and invest heavily now in the post-fossil fuel era. If the people of Saudi Arabia overthrow their government, there is nothing we can do to stop them. BTW, Russia would be the primary beneficiary of higher oil prices, although they have their own problem with the oil being in Muslim parts of their old empire.
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