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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (7951)8/3/2006 10:34:18 AM
From: RJA_  Respond to of 219784
 
>>RJ, in 1984 I was looking after bitumen for BP Oil New Zealand and there was threat of the Straits of Hormuz being shut

Mqurice, thanks for the interesting and thoughtful reply.

I agree, the birds in charge are simply fanatics.

See:

foxnews.com

And if Iran does manage to obtain a nuclear weapon,- given their fanaticism that has implications for all of us. US, Europe, and everyone else. Is it likely for Iran to stop its aggressive tactics there?

The power to destroy something = the means to control it. Should we allow them that means?

Closing the straight may indeed damage Iran more than US. But fanatics have a track record of illogical decisions. Look at Japan in WW2 attacking a country that produced at that time 10 times the steel that she did. They believed in "Bushido".

Ultimately, if the US attacks Iran to deny them nukes (which it can be argued, in a way is happening now, with Israel as a proxy) US will probably win physical war (if nukes are used).

IMHO US will loose propaganda war (big time), and currency war, probably also big time.

Of course, good for gold, oil.

RJA