... good and well argued points, but if Saudi Arabia initiates a halt in oil deliveries (even if it lasts a relative short time), they will screw up world markets in the turn of a press release - panic in the world oil, stock, bond, currency and energy markets - and at a time when world economies are quite fragile ...
... our administration is going to have to act with strength, speed, imagination and creativity ... something I am not sure they have the understanding or political base to do ...
... that's what I think anyhow ... let's see what they actually do ...
... my hope is, with the help of Russia, Japan, Europe, China and the UN, they will impose a settlement on both sides ... but I don't know if they have either the brains or the balls to do it ...
Ken Wilson |
