http://www.stratfor.com/weekly/20081215_falling_fortunes_rising_hopes_and_price_oil
after u read this article, you will know that you are a fool. Saudi Arabia and Kuwait are relatively safe.
Banks are screwed. Bankers are liars. And the rally we had yesterday, was a reaction to the rate cut, and wasnt a sign that everything is alright. Enough said.
First of all, it is not the only democracy in the region. Kuwait is a democracy.
Second of all, when it comes to standard of living, Qatar is higher. And also UAE.
In my belief, shorting is ethically wrong, but I wouldnt condemn anyone who shorts a bank especially if its something like BSC, GS, C...etc
I hate these guys with a passion