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The Saudis play a very important role in the game. Yet, back in summer 2001 they were going to break up the petroldollar partnership. They couldn´t do that because then there were some "events" starting off in september.
Bob Woodward´s book "Plan of Attack" is a very good read on this.
"By the way, even when we look at the destruction of Detroit, China signed the agreement, agreed, okay, we'll open up our banking sector to derivatives and your toxic junk, but we want your auto parts industry in return. So we basically handed over the auto-parts industry to China. That was their deal. Two million manufacturing jobs shifted to China from the U.S., and auto-parts was a big part of it, which led to the--. One of the reasons why the city of Detroit went bankrupt despite the auto bailout is that auto parts did leave for China. So, you see, there's direct repercussions of this type of secret connivance between our officials and banks. It's a very dangerous business."
I have much more confidence now! Our potential Fed chairman has first hand experience with Fing the American people over. If you want the job done right you must hire a person with the most amount of on the job experience! Larry Summers!
He seems to love his country and the american ppl. Organized crime loves car accidents, plane casualties and alleged suicides. Ask british UN scientists of Blairistan as well (you can´t any more). I hope he´ll survive speaking for the american ppl and his voter`s interests to not sacrifce their businesses to perpetual world war.
OK, i respect your decision. When thinking about trading, the enormous complexity when it comes to fundamentals, also touches political issues, of course.
I think it is very complex by "nature", unpleasantly controversial, even if trying to look out to some kind of "scientific" truth. Trying to see many aspects is a part of trading, i think. So difficult to understand and foresee, that trying to discuss things neither helps anyone´s or my trading, alone the emotional side, nor will somebody come up here and call the big trades in advance.
I will step back from this thread now because i believe either what happens there is a disaster for everybody and absolutely untradeble.