“So Saudi Arabia has a problem”——Oh Yeah, indeed they do. They thot they were paying the MB to keep the cheap krap out of Soddy Land. They paid off Bin Laden to get him out of the home country. For decades they paid refugees in Gaza and elsewhere to keep them off the peninsula. Bahrain is only pausing before the next party. This all got started because Bin Laden wanted us to quit defending the Soddies so he could cut their throats. The throat cutting of the Royal Soddies hasn’t started yet but I’ve said for years that it will be the final act in the ME play.
Remember that we don’t actually depend on Soddy oil that much and none of our companies will be hurt by them going titsup. The royals bought the foreign companies out of Aramco years ago-—it’s their deal entirely now-—go or blow.
Remember that we don’t actually depend on Soddy oil that much and none of our companies will be hurt by them going titsup.
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I agree with you on this and have made that point in earlier posts today. But somehow I don’t think the huge implications of our slow but sure divorce from ME oil has really sunk into the heads of either our politicians or, for that matter, many Freepers.
It is a BIG DEAL. Over time it will change our whole strategy vis a vis the mess called the Middle East.