Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (37403)	8/23/2003 9:13:41 PM
From: Haim R. Branisteanu	Read Replies (2) of 74559

Jay with all due respect do you have another solution if there will be a real power vacuum and infighting ? Could you imagine the turmoil resulting from a power vacuum in Saudi Arabia? Would world powers just stand by at a time that oil fields will be set ablaze as a result of fighting between various radical groups? This would be a complete act of self destruction for the modern economies due to the acute rise in energy prices and therefore if such scenario will evolve they will step in before major destruction occur....... I simply do not see any other solution as ill conceived as it may be...... and would add that from all the speculations I submitted, I do not think that it will really come to the extreme situation I have mentioned before were world powers will need to enter /occupy Saudi Arabia Consider Iran, a nation that went trough a radical regime change ...... there the flow of oil did not stop for the simple reason that Iranians realized that steady oil prices are in their best interest even that Iranians are very different from the Saudis and did not have the acute social problems Saudi Arabia has therefore the situation is some what more risky than Iran

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