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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Think4Yourself who wrote (80409)	6/22/2008 12:53:25 PM
From: JohnG	Read Replies (3) of 116555

""Odds are very good that they can deliver on their threat"" I tend to agree that the tankers located near the straits are sitting ducks if it starts. Also, locating and destroying all the shore to ship missles would be nearly impossible. However, I do not think the Isralies will heed advice from anyone if they see that Iran is close to having nuclear capability. They are not under the US president's whimsical control. This means that if Iran's current government proceeds, they may well trigger a situation that leaves the US picking up the pieces --- including defending the straits as best it can. I doubt that China gives a care about Iranian islamist religeous nuts. If these nuts should appear in China, they would be suppressed violently. China believes in order and opposes anarchy. Pragmatically they supply arms to Iran so Iran supplies oil to China & China has no military power in the muddle east. China is not engaged in foreign military adventures -- instead they are trying to build the China economy and gain access to needed resources.

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