An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, March 22, 2015
Pepe Escober — Iran is ready to crash Pipelineistan
The Sauds do not want Iran to prosper. Both because they hate Iran, and also because the Sauds would prefer to remain the swing producer -- they don't want Iran/Iraq/Libya to ramp up production.
Europe will not make a deal with Iran without America's consent.
But America may not be able to prevent China and Russia from making nice with Iran.
We'll see.
ReplyDeleteThe Sauds do not want Iran to prosper. Both because they hate Iran, and also because the Sauds would prefer to remain the swing producer -- they don't want Iran/Iraq/Libya to ramp up production.
Europe will not make a deal with Iran without America's consent.
But America may not be able to prevent China and Russia from making nice with Iran.
According to Escobar, China is the issue, and once Iran is open, the US companies are not going to want to be left out.
ReplyDeleteThe game is really speeding up now, with the US pushing while it can to contain the emerging world. So far, it's taken some setbacks.