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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bela_ghoulashi who wrote (58331)4/16/2006 7:29:18 PM
From: Jim Fleming  Read Replies (1) of 110194
 
blandbutmarvelous re Strait of Hormuz

Iran could close the Strait at any time for as long as it desires and we could do nothing to prevent it. It won't happen because they are going to get what they want because they hold all the aces in this game and they know it. Israel does not have the capacity to takeout a diverse Iranian nuclear program and will not take the risk of attacking Iran over Arab airspace. Iran's very sophisticated missile capabilities would put Israel under an immediate response. That same capability would keep our navy at bay. I say relax, nothing is going to happen unless somebody does something silly.

Jim
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