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Al Jazeera: Arab world set to foot the war bill
Al Jazeera ^
| 4/15/3
Posted on 04/15/2003 7:21:37 AM PDT by WaveThatFlag
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In the past 10 years, average per capita income in the Arab region has been the lowest in the world, Interesting, except that the comlete opposite is actually true.
To: WaveThatFlag
Oh well, the price of supporting terrorists is a b!tch, ain't it?
To: All
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3
posted on
04/15/2003 7:23:03 AM PDT
by
Support Free Republic
(Your support keeps Free Republic going strong!)
To: WaveThatFlag
And how did they have so much in sales to a country under embargo? I thought we were starving the Iraqis </sarcasm>
4
posted on
04/15/2003 7:23:17 AM PDT
by
Ingtar
To: WaveThatFlag
So they lose a TRILLION dollars due to three weeks of war in another country? I think they are predicting losses due to an increased American presence. Smuggling weapons will be far more difficult and they would have got away with it too if it weren't for us meddling kids.
5
posted on
04/15/2003 7:24:37 AM PDT
by
Naspino
To: WaveThatFlag
as much as $1,000 billion in lost production in Arab countries Other than pumping oil (which isn't affected all that much by this war), the Arabs don't have an economy within two orders of magnitude of this absurd figure.
6
posted on
04/15/2003 7:25:13 AM PDT
by
steve-b
To: WaveThatFlag
GNP of all Arab countries combined doesn't equal a trillion dollars. So unless we have somehow put a complete stop to all economic activity in the Middle East, these claims can't even be remotely true.
7
posted on
04/15/2003 7:25:45 AM PDT
by
thoughtomator
(I predict hysteria at the UN)
To: WaveThatFlag
Per capita income in the Arab world is atrociously low because their nations are oligarchies, with governments that are corrupt and incapable of doing the activities necessary to service a middle class populace.
8
posted on
04/15/2003 7:30:44 AM PDT
by
Chancellor Palpatine
(running and hiding behind the 21st Century version of the Maginot Line is not an option)
To: WaveThatFlag
...A dark cloud is covering the whole world and the Arab region in particular... The root cause of this "dark cloud" is Arab-sponsored radical islamic terrorists who want to kill innocent Jews and Americans.
9
posted on
04/15/2003 7:30:47 AM PDT
by
Oldeconomybuyer
(Peace through Strength)
To: WaveThatFlag
No one is forcing Arab countries to increase military spending.
The arabs probably will lose some income when the price of oil drops. Too bad. Maybe they should diversify.
10
posted on
04/15/2003 7:30:51 AM PDT
by
Cicero
(Marcus Tullius)
To: WaveThatFlag
There's a dark cloud covering the Arab world alright, but it's not us. "The fault, dear Brutus, lies not with our stars, but within ourselves that we are underlings."
To: steve-b
This is quibbling, because I agree with you, obviously, but Iran and Turkey have a combined GDP of $1 trillion. Of course, neither is an arab state...
To: WaveThatFlag
Correct. The arab elite has been doing pretty well and couldn't give a rip about the Arab street.
To: WaveThatFlag
And the Arab attack on 9/11 cost us at least that much.
14
posted on
04/15/2003 7:36:39 AM PDT
by
metesky
(My retirement fund is holding steady @ $.05 a can)
To: WaveThatFlag
It looks to me like they need to get some manufacturing going in those countries. They may have oil, but it's counter-balanced by the arid land. Also, if they would improve the security climate they might have a thriving tourist industry. The Kurdish area looks to be a beautiful area in Iraq.
To: Naspino
So they lose a TRILLION dollars due to three weeks of war in another country? That was my first thought.
Funny how the article never explain just how this bizarre economic phenomenon works.
16
posted on
04/15/2003 7:51:05 AM PDT
by
Polybius
To: Polybius
The Swiss and the Swedes never made any money during the war. Nope. Not a cent.
(insert cricket sounds here)
17
posted on
04/15/2003 7:57:16 AM PDT
by
Leisler
To: Polybius
I think that this kind of report truly shows the lack of reality-based thinking that occurs in the Arab world. The "West" is so utterly alien to them that all they have are just bizarre rantings and ravings. They truly remind me the old "cargo cults"...that's why I dismiss anyone who worries about the "Arab street"... their thinking is truly primitive and shallow and there is no way for us to understand them...
To: jonathanmo
They truly remind me of the old "cargo cults"...their thinking is truly primitive and shallow and there is no way for us to understand them... As a result of recent anthropological research, the "cargo cult" belief system - "the U.S. Government is a god that showers us with riches" - is now very easy to understand.
It turns out that the "cargo cult societies" were actually Democrats shipwrecked on those Pacific islands. ;-)
19
posted on
04/15/2003 8:12:31 AM PDT
by
Polybius
To: WaveThatFlag
This reminds me of a time a few years ago when I had a brief stay in Nashville. A tornado hit the city and did some damage. A couple hours later as I was stuck in traffic leaving the city, the radio news broadcast:
[Paraphrased]: 'Joe Smith of the Nashville Commission To Duck Responsiblity And Make Things Up just released a statement saying that damage to the city was $1.1 million' (or whatever.)
The news a few minutes later added [paraphrased]: 'An area is officially declared a disaster zone and eligible for federal funds if damagae exceeds $1 million' (or whatever.)
In other words, just 2 hours after the tornado struck, some bureaucrat was magically able to determine that the level of damagea was just above the federal limit so the city could raid federal tax money to pay for the damage.
20
posted on
04/15/2003 8:13:07 AM PDT
by
Gothmog
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