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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (50559)	4/26/2002 9:12:59 AM
From: Jim Willie CB	Read Replies (1) of 65232

Saudis and Americans each have huge vulnerabilities Saudis have tiny military force to protect their corrupt crony wealthy royal family who horde the vast majority of the country's oil wealth so they need their infidel US protective force it occupies the Prince Sultan Airbase now, much to the disgust of many citizens, esp the devout Muslims Americans have a gargantuan national debt, and a citizenry whose personal debts are overwhelming, and a corporate base whose debts are crippling, and USTreasuryBonds which are held about 30% by foreigners, and a trade debt around 4% of GDP neither seems to realize it but their feet are each resting on quicksand / jim

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