1 posted on
09/13/2002 5:29:40 PM PDT by
RCW2001
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To: RCW2001
As I just said on another thread, look out for the pundits warning about "The Brutal Iraqi Winter" as well..
To: RCW2001
To: RCW2001
In the words of Al Bundy..........
Blah,Blah, !!!!!!!
![](http://home.uchicago.edu/~cjfernan/nomaam2.jpg)
4 posted on
09/13/2002 5:34:03 PM PDT by
cmsgop
To: RCW2001
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.
5 posted on
09/13/2002 5:34:10 PM PDT by
pbear8
To: RCW2001
This writer must have recieved the same pay off as Scott Ritter for spreading Iraqui propaganda.
6 posted on
09/13/2002 5:35:02 PM PDT by
Texbob
To: RCW2001
Middle East oil producers protested by pushing up the oil price. Chances of this approximate zero to 4 decimal places.
To: RCW2001
Like that growth spurt that started last time we attacked Iraq???
To: RCW2001
Chinese source.
9 posted on
09/13/2002 5:37:43 PM PDT by
exnavy
To: RCW2001
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.
To: RCW2001
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.
To: RCW2001
Wow this guy probably forcasts as good as Nostradamous. Did he give his picks also for the 8th race at Belmont park tomorrow?
12 posted on
09/13/2002 5:39:22 PM PDT by
teresat
To: RCW2001
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.
13 posted on
09/13/2002 5:47:37 PM PDT by
leadhead
To: RCW2001
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.
16 posted on
09/13/2002 5:54:34 PM PDT by
ex-snook
To: RCW2001
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.
17 posted on
09/13/2002 5:55:51 PM PDT by
brat
To: RCW2001
, 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...
19 posted on
09/13/2002 5:59:03 PM PDT by
marron
To: RCW2001
And just how would the world economy be affected if he were to nuke one of our cities?
To: RCW2001
Current indications are that if we attack Iraq, the other Arabs will do virtually nothing.
22 posted on
09/13/2002 6:03:02 PM PDT by
Cicero
To: RCW2001
"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.
To: RCW2001
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.
26 posted on
09/13/2002 6:38:45 PM PDT by
Torie
To: RCW2001
I'd rather be broke than dead, I can always make more money.
28 posted on
09/13/2002 6:46:54 PM PDT by
SCHROLL
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