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19 February 2008 23:32, by www.jbpeebles.blogspot.com
Good assembly of information. The creation of the bourse could lead to greater regional instability as the US tries to shut the Iranians down. In a Catch-22, the Americans can use military force, but it will likely force the price of oil even higher. That would hurt the global economy and force a severe recession. Dependent exclusively on hard power for so long, the US lacks the means to influence other nations using its soft power. Bush has essentially drained American influence by his incessant militarism. Having cried wolf, his cabal would have a hard time stimulating support for yet (...)


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