The Arabic countries led by the Muslims were the most advanced scientists and engineers in the world, until they let the religious crazies take over.
Tunisia, then Egypt, now Yemen ....
- Thread starter hippie
- Start date
"crazies" can happen in any industry in any culture... they will always parasite the host until his death if they aren't removed early.
They say true black swans are things that no one would have possibly foresee before it happens...
I bet Bernanke didn't see this one coming when he increased the money supply to stir up inflation worldwide...
A disrupted middle east with soaring oil price can easily undo all his money printing effort to the economy.
I bet Bernanke didn't see this one coming when he increased the money supply to stir up inflation worldwide...
A disrupted middle east with soaring oil price can easily undo all his money printing effort to the economy.
It will be interesting to see if the Riots motivated by high food prices.. all from commodity prices soaring due to QE/QEII... all just because The Bernak wants to show the world that he really DOES have a large penis.
(Why couldn't he just buy a Corvette and get a 20-something girl friend?)
Why not in Saudi Arabia, Kuwait, UAE ?
Constumer technologies and goods are droping in price like never before. QE is such a fundamental form of economic stimulus that if QE were behind the rise in commodities, it would have an influence in all tradable goods.
TRUE BS !
Dicatorial regime is the problem. No freedom of speech, of rights, of respects, being killed in the street for daring to say no, the privilege of one man over millions. The spirit of Islam... all of these... Food price is just a factor in this....