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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (22585)8/12/2002 10:22:49 PM
From: Jim Willie CB  Respond to of 74559
 
I sense double failures: Afghany and Iraq

Afghanistan is slowly reverting back to Civil War
and USForces will be used for target practice soon
already, factions are fighting and killing each other
does anyone read history books pertaining to Afghany?
soon US soldiers will be labeled "infidels"
we will be accused of occupying their nation
even as we expend useless efforts in "nation-building"

we vastly underestimate Iraq and Arab quiet support
just when America is its weakest economically in 30 yrs,
we plan for expansive war undertakings ???
has anyone beaten up a feuding brother?
the other brother will defend him, taking arms against the attacker
who incredibly naive we are to expect solid Arab support

Saudi Arabia has never been weaker politically, economically
they sport the world's largest per capita federal debt
they only recently stopped building cities of marble in the desert

I think we are overextended, militarily, financially
little does the world realize that our entire banking system is about to implode, while our economy slows, while our stock market erodes, while our currency continues on a long bleeding decline
the world community is about to pull the plug on our Carte Blanche federal expense account
IS ANYONE PAYING ATTENTION IN WASHINGTON DC ???

no way, these war endeavors could bring the USA to its knees
war will not resuscitate America
it will expose our financial vulnerability
our federal deficits will absolutely mushroom
and for what benefit?

if Islamics want to hurt USA, they can best do it with the USdollar and USTBonds
both of which I believe they will do, and are doing

we are incredibly stupid in tactics
the "leaked" anti-Saudi Defense Intell report will encourage Saudis to pull money out of TBonds, out of Stocks, and out of Real Estate
which will weaken us further
we are as stupid as we are arrogant !!!

/ jim



To: Cogito Ergo Sum who wrote (22585)8/13/2002 1:35:38 AM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<before the Shah was deposed. >

Ahhh, the good old days, when supporting despots worked.... for a while.

DAK