[JennysCool]

As I just said on another thread, look out for the pundits warning about "The Brutal Iraqi Winter" as well..

[Diogenesis]

[cmsgop]

In the words of Al Bundy..........

Blah,Blah, !!!!!!!

[pbear8]

the world would suffer a massive recession if Iraq were attacked and Middle East oil producers protested by pushing up the oil price.

The ME countires like and need their petro-dollars more than they like and need Saddam.

[Texbob]

This writer must have recieved the same pay off as Scott Ritter for spreading Iraqui propaganda.

[RightWhale]

Middle East oil producers protested by pushing up the oil price.

Chances of this approximate zero to 4 decimal places.

[evolved_rage]

Like that growth spurt that started last time we attacked Iraq???

[exnavy]

Chinese source.

[Scott from the Left Coast]

A Hong Kong-based think tank, eh? And Hong Kong is now controlled by the communist Chinese...and so we're to take their advice about economic issues?

Sorry about that Xinhua, Clinton's no longer in office, you've lost your access.

[dogbyte12]

Well, I think they are right. If oil shipments are reduced out of the gulf and the prices sky rocket, the world will teeter into a big old inflation induced recession. Just about everything we buy has a energy component built in. You buy flowers for your wife, you are paying partially for the electric bill of the owner, the cost of gas when it is trucked to the airport, the cost of the jet fuel to fly it to the local airport, the truck that takes it to a distribution center, the truck that takes it to the florist, the car that takes it to your wife. Of course, the cost is miniscule, but in just this example, it it costs $1.00 worth of gas to deliver those flowers, and it becomes $2.00... the florist will make you eat the cost there pretty much, considering the other energy uses along the way, I could see flowers going up $1.25 a delivery just there. Same goes with produce, furniture, ya name it.

[teresat]

Wow this guy probably forcasts as good as Nostradamous. Did he give his picks also for the 8th race at Belmont park tomorrow?

[leadhead]

Bad assumptions. US attacks,in 96 hrs. US controls 2nd largest known oil reserves. Opec shits pants at prospect of competition. Thousands of fat, greasey diaper heads in Saudi commit suicide because their payment for little boys cut off.

[ex-snook]

Bush was given the great opportunity to bring peace to the Near East, a businessman's properity to the country and a downsizing of government (deficit was rising long before 9/11). He has screwed up on all counts, as they say, BIG TIME.

[brat]

It will probably occur without the Iraq attack! In fact, the purchase of our weaponry from other lands ought to help them out considerably. Too bad it won't do much for us.

[marron]

, predicted that the world would suffer a massive recession if Iraq were attacked and Middle East oil producers protested by pushing up the oil price.

You would think a publication called "Economist" would understand economics. The Middle East oil producers can not push up prices. They simply do not have that kind of control.

Every attempt to force up prices simply causes a subsequent drop, combined with a loss of market share.

These guys are over. I wonder whats going on over at the Economist, must be letting their Journalism majors try their hand at economic analysis...

[Hoosier-Daddy]

And just how would the world economy be affected if he were to nuke one of our cities?

[Cicero]

Current indications are that if we attack Iraq, the other Arabs will do virtually nothing.

[SamAdams76]

"However, the imbalance in the US economy is severe, and we rate the possibility of a major recession - worse than the 2001 one - within the next two years as a 30 percent probability," Nailer said.

30% chance. Gee, that's really going out on a limb!

So I guess we have a 70% chance of having a decent economy if we attack Iraq. I'll take those odds.

[Torie]

The Saudi's need the money now. If the money spigit is cut back, and the welfare state is truncated, the Royal Family might be out. I wonder if the gurus at The Economist thought about that.

[SCHROLL]

I'd rather be broke than dead, I can always make more money.