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

To: TobagoJack who wrote (29872)	3/22/2003 1:06:33 AM
From: energyplay	Read Replies (1) \| Respond to of 74559

Hi Jay - "I am also reckoning: (a) A short and relatively destruction-free Iraqi campaign is maxi-bad news, because one cannot reconstruct what was not destroyed;" Iraqi economy already destroyed by sanctions and theft by Saddam & crew. Saddam etc. took about 200 Billion. Iraqis may recover 10% of this, like Phillpines did from Marcos. Iraqi oil production will come back quickly, then start to expand. I expect Iraqis would like to buy lots of consumers goods from Asia, food from all over the world, road building and farming equipment instead of weapons. Sanctions have a cost to Iraqi of over 40 Billion a year. That's a lot of spending.

To: TobagoJack who wrote (29872)	3/22/2003 1:11:14 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 74559

But but Jay, (b) Turkish incursion into N.Iraq is also bad news, because as their financial burden grows, the grudge-keeping crowd in Washington will veto the next IMF loan, and thus, destruction and collapse of Ankara to follow, making space for more incubating room of radicalism; Now how can that possibly be. Mr. Bush has assured us of his plan of dominoe democracy. You know set up a democracy in Iraq to shine as a beacon for the remainder of the middle east to emulate... Everyone will shout 'Why can't we have that too ?'... The tyrants will fall one by one... But what's that ... Oh yes their neighbour Turkey is already shining the beacon of democracy for all the middle east to see (not to mention the Israelis). I'm afraid you are correct. There is bound to be much more immolation before any emulation... finding myself still ambivalent towards adding to gold here. Still have my necessary just in case insurance quota though. regards Kastel CCC

To: TobagoJack who wrote (29872)	3/22/2003 1:34:27 PM
From: pezz	Read Replies (1) \| Respond to of 74559

<<What to do, where to run to, how to hide, >> Calm down......I wuz up 20% in the first 3 weeks now I'm inna hole....Ya don't see me gettin hysterical do ya ? Sheez ... Always remember those who keep their head when everyone around them are panicking ...probably don't understand the situation...or sumptin like that.