While we are sitting here smarting over the massive and sudden fall in the global markets due to a credit crisis, Ahmadinejad has decided that he wants jihad. He has the perfect opportunity now. Oil prices are high and will go much higher. Bush is a sitting duck, but will need to act. Ahmadinejad really wants war and he knows that he will never be able to get Obama to fight. I think it is highly possible that the US will attack Iran next week and markets will go much lower. This is a perfect storm for the global economy now.

 

Submitted: Jul 10, 2008    Views: 79    Comments: 2    Likes: 1   


View Article: http://www.cnn.com/2008/WORLD/meast/07/10/missile.iran/index.html


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Comments Received:

ktexas
ktexas

I think it's more likely that Israel will attack just like they did a few months ago in Syria and in the 80's against Iraq. It's clear they will not tolerate an Arab country having a nuclear program that is capable of building nuclear weapons. It's uncertain if air attacks can take down Iran's enrichment program for the long term, but I think Israel would prefer action over inaction.

And it looks very unlikely that any sanctions or international pressure will change Iran's mind. So I predict an Israel attack sometime this year.

This will definitely be bad for the global economy.

Posted: Jul 10, 2008

Sam Cass
Sam_Cass

I think an attack on Iran is already partially priced into oil.

I think we need to go nuclear and just forget about Middle East oil. That would shut Iran down quickly.

Posted: Jul 10, 2008



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