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Actually, the Big Issue may be China's future need for oil. Although the
western economies are not growing fast enough to make oil scarce, China
is, and will be competing for the oil resources of Central Asia and the
Persian Gulf to keep their own economy growing.
Regards
DanG
Jim Johnson wrote:
>Hello EarlA,
>
>Your assessment is largely on point but possibly overly focused on the
>economics. All action of governments and esp high risk ones are based
>on multiple motivations. that's another way of saying multiple
>interests of stakeholders converge. economics is a biggie--short term
>and long term.
>
>I am a hawk. I have not problem with being imperialist when it suits
>the situation for the USA. Whatever it gets called, occupation of
>Iraq is in the long term interests of the US. The economics of it are
>part of the issue but its much to simplistic to say that is all. The
>political risks are huge for Bush. That says to me other things are
>afoot. I believe we are much more at war with radical Islam than most
>people have come to realize. We will be best served by being able to
>fight part of this war (economically, militarily, geo-politically,
>intelligence-wise) by having a base in the Middle East. This is a
>much bigger deal historically than meets the eye. This will change
>the balance of power in the world for decades.
>
>BTW-- as you suggest, one reason why the weenies in Europe are against
>the taking of Iraq is that we will find they are in bed with Saddam.
>Double dealing skunks.
>
>
>Best regards,
> Jim Johnson mailto:jejohn@xxxxxxxxxxx
>
>
>
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