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So with the new improved multi-race Bush and the new improved slightly less grey haired Bliar both chomping at the bit to go bomb some more people who have never actually tried to invade the UK (or US), whats the outlook for oil, given its already well over $100 a barrel, and usually when the warmongers start with the 'we dont need UN approval' BS, it only goes one way...

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Not sure about wars etc but I can't see the governments of the west allowing tapering of Qe and even if they do they'll try and find another way of trying to defuse the debt by cheapening money, just my own humble opinion.

Deficits are not being eradicated and they need to borrow or print

Edited by Sir Harold m

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the answer to chemical attacks, which are inhumane, is to rain down fuel/air bombs and high explosives on some other people, which of course humanely strip the skin of people, burst their lungs peacefully, and destroy vital infrastructures so neatly.

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the answer to chemical attacks, which are inhumane, is to rain down fuel/air bombs and high explosives on some other people, which of course humanely strip the skin of people, burst their lungs peacefully, and destroy vital infrastructures so neatly.

I don't think there is a moral way out unfortunately.

Dropping bombs on people is not moral

Sending in troops with no exit strategy is not moral

Arming uncontrollable rebels is not moral

Ignoring the situation is not moral

I sometimes think offering the top elite of these countries amnesty, cash, and protection in exile may be horrendous but may well be the best solution whatever their crimes .

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I have invested in the ultimate tool against the Oil manipulators..

A motorcycle license and one of these beauties that do 120MPG, and oh the traffic jams have gone..

honda-cbf-125-completa.JPG

I'm sure it's very useful and will save loads of money but, eek, the styling is awful.

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I don't think there is a moral way out unfortunately.

Dropping bombs on people is not moral

Sending in troops with no exit strategy is not moral

Arming uncontrollable rebels is not moral

Ignoring the situation is not moral

I sometimes think offering the top elite of these countries amnesty, cash, and protection in exile may be horrendous but may well be the best solution whatever their crimes .

the moral way out, is to stay out. And that include BEFORE the turmoil starts.

Make weapons for our own defence.

Oil on the Golan heights....nothing to do with us, everything to do with an evil occupying force that has stolen Syrian Land and continues to do so without International approval or recognition of right.

I suspect that this is what Syria is all about.

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It's just another tick-box on the pre-election checklist.

  • House price bubble
  • Phoney crackdown on immigrants
  • Genuine crackdown on 'scroungers'
  • Moral re-armament (war on internet porn)
  • Support for the 'heroes' (murderous aggression in the MENA)

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I don't think there is a moral way out unfortunately.

Dropping bombs on people is not moral

Sending in troops with no exit strategy is not moral

Arming uncontrollable rebels is not moral

Ignoring the situation is not moral

I sometimes think offering the top elite of these countries amnesty, cash, and protection in exile may be horrendous but may well be the best solution whatever their crimes .

Since when does 'morality' enter into the decision to start dropping bombs on people who have never attacked you and pose no threat of doing so?

The notion that the forthcoming, long-planned and inevitable assault on Syria (and then later on Iran once Syria is left a broken state beyond repair) is somehow anything to do with 'morality' is completely bogus - just a PR smokescreen to give the veneer of legitimacy in a supposedly 'democratic' and 'peaceful' society.

Personally, I don't know why TPTB even bother pretending and putting on a dog and pony show any more. The public has shown that it is thick enough to support/turn a blind eye to anything that those in power want to do so long as they are fed a diet of reality TV, soap operas, sport, celebrities, shopping, bargain booze and cheap, plentiful horsemeat to shove into their thick gobs.

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Nomura suggesting Brent crude is headed for $120bbl.

That's gonna hurt. :)

http://www.cnbc.com/id/100989309

Still, Western military intervention will deepen regional tension, adding to the increased upward pressure on the price of Brent crude seen since the immediate aftermath of July's military coup in Egypt, according to Nomura. "With Brent already at around $111 per barrel, this reinforces our existing view that perceived political risk in the MENA (Middle East and North Africa) region is likely to see a price move thorough 2013 Q3 and Q4 into the upper end of the $105-120 range where it has been for most of the past two-and-a-half years since civil war first broke out in Libya," Newton said.

A major risk factor is how Syria backer and regional power Iran would respond to a punitive Western strike against Syria.

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And they wonder why 'terrorists' retaliate by attacking the US & UK.

The US is more heavily guarded than the UK so Camoron should really watch what he is doing there otherwise he is going to provoke the Syrians into chemical attacks on London.

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Not sure about wars etc but I can't see the governments of the west allowing tapering of Qe and even if they do they'll try and find another way of trying to defuse the debt by cheapening money, just my own humble opinion.

Deficits are not being eradicated and they need to borrow or print

Im thinking they may try and use war to be 'the reason' for a crash. Seems to be timed to coincide with the taper. Oh look, oil over $150 a barrel, thats why we're all in the poo, but its necessary to 'save the world from the evil doers'

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Nobody here knows until either it breaks up above $108 or below $102. Though very strong resistance in $110-115 range.

NB. $ looks ready to fly again and, while it was pulling back, Oil did nothing...

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Not sure about wars etc but I can't see the governments of the west allowing tapering of Qe and even if they do they'll try and find another way of trying to defuse the debt by cheapening money, just my own humble opinion.

Deficits are not being eradicated and they need to borrow or print

Bernanke's talking about reducing QE infinity not ending it altogether. My own belief is that he'll bring it down from the current $110bn/ month to around $60bn/month over the course of the next year, making it much more of a match to Treasury supply.

But Abe isn't going to stop the QE in Japan, and Carney and Osborne are palpably itching to give UK banksters some more free cash, so it's not as if liquidity is going to disappear over night.

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Im thinking they may try and use war to be 'the reason' for a crash. Seems to be timed to coincide with the taper. Oh look, oil over $150 a barrel, thats why we're all in the poo, but its necessary to 'save the world from the evil doers'

War invariably follows a really disastrous crash, such as the one that happened in 2008.

The game is over for the previous policy of debt-fuelled 'growth' in the West so it's time to get back to the tried and tested method of annexing the wealth of other parts of the planet. Aside from that, it's great for taking the minds of the people off the mess that years of financial malfeasance have created. Forget how miserable your lives are - get behind 'our boys' and spread freedom throughout the World!

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War invariably follows a really disastrous crash, such as the one that happened in 2008.

The game is over for the previous policy of debt-fuelled 'growth' in the West so it's time to get back to the tried and tested method of annexing the wealth of other parts of the planet. Aside from that, it's great for taking the minds of the people off the mess that years of financial malfeasance have created. Forget how miserable your lives are - get behind 'our boys' and spread freedom throughout the World!

Was thinking it does seem to be the big debtor nations that have the biggest armed forces and are best at warmongery (apart from perhaps Japan).

Maybe we should be more like Germany, or even Switzerland. I really can't blame Scotland for wanting to separate from its mercantilst, warlike southern neighbour.

Edited by aSecureTenant

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Was thinking it does seem to be the big debtor nations that have the biggest armed forces and are best at warmongery (apart from perhaps Japan).

Best at warmongery, but how do you measure success? This will be the fifth war UK/US has launched in the Middle East in twenty years. Iraq twice, Afghanistan, Libya and now Syria.

Iraq 1.0 was a tactical win but a strategic failure. Iraq 2.0 we quit on our stools. Afghanistan is a horror show that's served only to destabilise Pakistan next door. Libya is falling to pieces and Syria is so obviously a CIA false flag exercise that even the supine and craven UK press is rolling its eyes in disbelief.

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Nobody here knows until either it breaks up above $108 or below $102. Though very strong resistance in $110-115 range.

NB. $ looks ready to fly again and, while it was pulling back, Oil did nothing...

$CL_F #Brent #Crude rockets through 112.20/25. Next target is 113.30/35 then trend line resistance at 113.90/00
Edited by aSecureTenant

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$CL_F #Brent #Crude rockets through 112.20/25. Next target is 113.30/35 then trend line resistance at 113.90/00

Brent hit 113.52 in the past few minutes. Currently backed off to 113.17.

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Brent hit 113.52 in the past few minutes. Currently backed off to 113.17.

Pffft ... concentrate on the real news that matters to the general public - like that possibly pregnant panda in Scotland or that Cyrus tart grinding her behind on TV in the states. No-one wants to hear about the inconvenient downsides of unleashing yet another war in the Middle East and anyway, it's a great excuse for why petrol has been going up in price.

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