Quote from 426653478:
if that truly is the case, then Obama's trip is economically motivated rather than politicly
given the current US economic conditions, and russia & china's call for a basket of currencies to replace the USD as the reserve currency, the Arabs move to support that idea would result in an accelerated devaluation of the USD
it makes sense that this is more an economics related question than a political one
we many times see things (news events) through our preconceived notiions and spheres of influence ourselves.
my comments were completely neutral, yet your conclusion was support of your thesis
actually, my comment was not in support of your thesis, as the news commentators (their views, not mines) were not impressed with some economic perspective as the motive, but a political perspective, as he outlined, namely defusing their ticking time bombs in their outward attacks and defusing their populace ticking time bombs within their borders.
there were overtures for economic relationships down the road, but the most immediate focus was on their own citizenry and proper rule of law within their borders and by extention control over their radical elements that attach those outside their borders
from what I recall these were the combined comments by the news bureaus that were on television this morning,
so how all you can derive from that speech being summed up in this thread thesis baffles the mind... really
perhaps others will want to engage you in a political discussion,
I have to return to trading and other trades related issues, not political issues, which really don't lead to very many substantive conclusions other than support for one's own preconceived perspectives....