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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: JungleInvestor who wrote (37906)2/21/1999 10:26:00 PM
From: A. Geiche  Read Replies (1) of 95453
 
<<Very interesting article on Caspian Sea oil below.>>

The most interesting stuff is omitted though. The Soviet Union knew very well about the true extend and value of the oil reserves in the region. Comparably to reserves of its other oil fields, they were rather insignificant. Their ridiculously enormous exaggeration by US was just one of those dirty tricks that brought disintegration of the second greatest economy and the collapse of the super power. In frenzied orgy that would make even Gebbels blush, appealing to nationalistic and patriotic feelings, all the American and British sources of dis-information called upon citizens of Soviet republics to use their great natural resoures themselves, not to allow the "evil empire" to plunder them, to separate from this "evil empire". Azerbaijan, Kasachstan, Turkmenistan were told that they are sitting on one of the most fabulous in the world oil fortune, that they could easily overshadow South Arabia in wealth and prosperity; etc. So, they separated. Their economies, inseparable parts of the uniform economy of the Union, collapsed. Their hope to recover is stupid. Their future is bleak.

George S. Cole, since when it is that US is so concerned about instability of countries that it is poised to subdue?
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