Quote from dgabriel:
This I doubt because the Iranian "leader" is a figurehead placed by the Mullahs.
He is a loose cannon by design.
Iran is playing the nuclear card because the US is right next door and sunni Iraq is a bitter historical enemy. Remember, Iran lost a million men in the Iraq-Iran war in the 1980s. That's a big number given thier population of 60 million.
And now France is falling in line. Chirac said if you force us, we will indeed use nukes. That is a message to not just Iran, but rogue actors in the Muslim world, and Islamist militancy.
Iran knows the US won't tolerate it going nuclear. They will leverage the nuclear card to gain security and in the end, negotiate themselves out of it.
If not, the US, not Israel, will take out thier nuclear facitlities. They know this. They know Bush & Co. doesn't fuck around. Not only has this current administration demonstrated a willingness to act unilaterally, it has a leader which speaks fundamentalism. "God has commanded me blah blah blah"
Quote from dgabriel:
This I doubt because the Iranian "leader" is a figurehead placed by the Mullahs.
He is a loose cannon by design.
Iran is playing the nuclear card because the US is right next door and sunni Iraq is a bitter historical enemy. Remember, Iran lost a million men in the Iraq-Iran war in the 1980s. That's a big number given thier population of 60 million.
And now France is falling in line. Chirac said if you force us, we will indeed use nukes. That is a message to not just Iran, but rogue actors in the Muslim world, and Islamist militancy.
Iran knows the US won't tolerate it going nuclear. They will leverage the nuclear card to gain security and in the end, negotiate themselves out of it.
If not, the US, not Israel, will take out thier nuclear facitlities. They know this. They know Bush & Co. doesn't fuck around. Not only has this current administration demonstrated a willingness to act unilaterally, it has a leader which speaks fundamentalism. "God has commanded me blah blah blah"
Well, itâs not just Kuwait. They all suddenly doubled their reserve figures in the late 80s because of OPEC exporting based on reserve quotas. So Venezuela and Iranâs figures are inflated as well. The relative difference in reserves between nations is probably more accurate than the actual numbers themselves.Quote from plugger:
I wonder if the Iraqi reserves are as large as initially thought. A news story on Friday stated that Kuwait's reserves are half of what they officially announced. Kuwait has been producing from oil deposits which are common to Kuwait and Iraq (they sit under both countries). It was one of Saddam's grievances and reasons for invading Kuwait. Just some food for thought.
Perhaps there would be a general selloff followed by a rally in the equities indexes, like what happened after the London bombings. During the rally, there would be a rotation toward companies that are perceived to profit from this event. The magnitude and ratio of the selloff/rally may depend on where the S&P is at the time.Quote from mahram:
But lets say if it does happen isreal attacks. Then would equities markets in general be a sell or a buy?
Quote from jficquette:
Pardon me but I have never heard Bush say God told him to do anything. Perhaps I misunderstood what you meant and were referring to the Iranian leader.
John