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

To: elmatador who wrote (24510)10/26/2007 1:02:00 AM
From: Gib Bogle  Read Replies (1) | Respond to of 218030
 
I believe the sanctions can be seen as an admission from the US government that they have accepted that they cannot control Iran. They feel the need to punish it, and this is all they can do. Of course, it will be very counterproductive, driving Iran closer to China and Russia. China is the main beneficiary of this policy, in my view. They desperately need Iran's oil, and the US is ensuring that they'll get it on favourable terms.


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