Courtesy of Mish.
Following two consecutive posts on Syria, one reader asked “Can we get back to economics Mish?“
That’s an interesting question given that my discussion never left economics!
- How can one talk about Europe without discussing the politics of the euro?
- How can one discuss economics without discussing the politics of war and its effect on oil prices?
- Is not Obamacare and its repercussions a discussion about politics?
- Did not a regime change in China affect its growth rate (as I said in advance it would)?
- Is Abenomics in Japan not a fair game for discussion?
- Is not the Fed playing politics of the worst kind?
- What about beggar-thy-neighbor and war-mongering politics in Congress and by the Obama administration? Do those not play a role in the economy?
Unfortunately, it is increasingly difficult to discuss the economy without diving into the political landscape that shapes it.
In Warmongers Unite (As They Always Do); Boehner Caves In, Backs War; McCain Caught Playing iPhone Poker During Syria Hearing, I made the claim …
The Difference Is Oil
The US is in Syria for two reasons.
- Oil
- Warmongers promote war on the flimsiest of excuses every chance they get
Were it not for oil, the warmongers probably would not have succeeded in this case. Oil is the only real difference between this case and numerous slaughters in Africa in which the US stood by and did nothing.
Syria Has No Oil
One reader responded “Oil?!! Seriously? Syria has no oil.”
Indeed, Syria has no oil. Yet, I responded …
…
