Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Israel to U.S. : Now Deal with Syria and Iran -- Ignore unavailable to you. Want to Upgrade?

To: GUSTAVE JAEGER who wrote (16513)	9/25/2007 9:09:03 AM
From: sea_urchin	Read Replies (1) \| Respond to of 22250

Gus > Sarkozy's in the same shoes as Silvio Berlusconi back in 2002 Undoubtedly, and he will make the same mistake as Berlusconi did in believing that war will help his economy. As I see it, there are two reasons (and probably more) why this is so 1. The French economy, like the Italian one before it, is maximally "stimulated" from an increased money supply. Therefore all war will do is create more inflation. 2. The threat to French industry, and the consequent downturn in the French economy, has nothing to do with the country France intends to go to war with, Iran. As you well know, it is the various countries of Asia which have taken away French competitiveness. Indeed, by France making war with Iran, paradoxically it will develop the industries of those countries which were the reason for the demise of the French ones in the first place. It's also interesting to see how the US has also fallen into the delusionary trap that war is good for the economy. Indeed, it is war (besides unbridled domestic consumption) that is the cause of most US indebtedness to foreigners.