'The Shock Doctrine', Unexpected Wars And How to Play Them
"Some men see things as they are and say "why?" I dream things that never were and say "why not?"--George Bernard Shaw (Irish playwright, 1856-1950).
Bet you attributed that quote to the late Robert F. Kennedy Sr. He carried the "torch" of that marvelous message to the generations born after Shaw passed away at the ripe old age 94.
It is admirable to dream of a world where integrity, openness, fairness and honesty dominates the business and financial sectors. So far, that world is still a "dream".
That's why a recent review of Naomi Klein's "The Shock Doctrine" reminded me that things are not always how they appear or how the major news networks spin them.
An Example that May Both Shock and Move the Markets
King World News (KWN) recently interviewed Jim Rickards. Rickards has gained international recognition for his remarkably accurate predictions regarding the decision by central banks and international power-brokers.
Rickards let KWN know that the US is headed to war with Iran. In his interview with Eric King he pulled no punches:
Yeah, it’s very serious, Eric, actually grave. The big thing to get right in this case is that Iran will not be allowed to have a nuclear weapon, period. That’s just not going to happen. Now we know they (Iran & its allies) are pushing towards it and so there is going to be a train wreck.
If Rickards is correct in his assessment, the near-future price of oil could possibly double in the course of just a few days. All it would take would be for the Strait of Hormuz, the world's most important oil export route, to be blocked off and oil prices will soar!
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