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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: gregor_us who wrote (64035)6/18/2006 5:40:38 PM
From: Wyätt Gwyön  Read Replies (1) of 110194
 
i read an interesting article in the latest Harper's on Iran--written by a Brit who's been living there for six years. he had an interesting quote from Zbigniew Brzezinski, the gist of which was that if the US attacks Iran, it's game over for the US hegemony. he thinks Iraq is something we will get a "pass" on, especially if we withdraw (basically, that is true as the major countries of the world still support US hegemony and prop up our c/a deficit). but if we invade Iran, the whole world will turn against us, and it will take the US 20 or 30 years to get over, if ever.

obviously one victim of an Iran invasion would be the USD, so there is some currency risk there.

don't know how realistic the invasion prospects are, though. it is hard to predict the behavior of irrational zealots with supreme power, such as Qaddafi, Kim Jong-il, or the US President.
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