If Iran is invaded get ready for economic fun and games

[McKenzie]

This article is by Andrew McKillop, an energy economist and consultant. Taking out Iran might create a huge economic downturn worldwide it seems. I wouldn't know; I'm only summarising the main point of the article in saying that.

<snip>

Interest rates would first have to be raised in the US ... at 1%-a-time, to stop the dollar eroding its way into a meltdown.

Stock market collateral damage would be way above Cliffe's figures, in the 30% to 50% loss region, relative to current numbers.

Even worse, Iran's supply would have to be restored ... one way or another ... within at very most 6 months.

If this did not happen, winter 2005-06 would need physical rationing and allocation of world oil, because prices would have no meaning; the supply would not be there, period

<snip>

http://www.vheadline.com/readnews.asp?id=25232

[cthrumatrix]

1. you bomb Iran...you really would piss off China and they "own the US"

since they buy oir debt, produce our goods and are the fastest grwoing economy the global corporations want a $$$share.

[no_to_war_economy]

2. great insight here ..

http://www.informationclearinghouse.info/article7147.htm

snip> The Gulf is nothing but a large lake, with one narrow outlet, and most of its northern shore, i.e., Iran, consists of mountainous terrain that affords a commanding tactical advantage over ships operating in Gulf waters. The rugged northern shore makes for easy concealment of coastal defenses, such as mobile missile launchers, and also makes their detection problematic

The US Navy has never faced anything in combat as formidable as the Sunburn missile. But this will surely change if the US and Israel decide to wage a so-called preventive war against Iran to destroy its nuclear infrastructure. Storm clouds have been darkening over the Gulf for many months.

The US ships in the Gulf will already have come within range of the Sunburn missiles and the even more-advanced SS-NX-26 Yakhonts missiles, also Russian-made (speed: Mach 2.9; range: 180 miles) deployed by the Iranians along the Gulf’s northern shore. Every US ship will be exposed and vulnerable. When the Iranians spring the trap, the entire lake will become a killing field.

Armed with their Russian-supplied cruise missiles, the Iranians will close the lake’s only outlet, the strategic Strait of Hormuz, cutting off the trapped and dying Americans from help and rescue. The US fleet massing in the Indian Ocean will stand by helplessly, unable to enter the Gulf to assist the survivors or bring logistical support to the other US forces on duty in Iraq. Couple this with a major new ground offensive by the Iraqi insurgents, and, quite suddenly, the tables could turn against the Americans in Baghdad. As supplies and ammunition begin to run out, the status of US forces in the region will become precarious. The occupiers will become the besieged…

[Pam-Moby]

3. I am hoping that other Worldwide

leaders step up and let the chimp know that his cowboy ways have come to a stop and that to proceed any further down his twisted path would isolate him and his cronies within the Worlds political system!!! Wouldn't it look bad if they all had lawsuits of crimes against humanity brought against them where they could not step off US soil!!