The uprising fever has now spread into Saudi Arabia - the largest producer and exporter of petroleum liquids and the second largest producer of crude oil in the world behind Russia.
And if Saudi Arabia starts to shake, the earth will rattle. And I'm not talking of the earthquakes that's now rocking countries around the world.
The Middle East situation is starting to really really get serious. We all know that it all started with one man burning himself in public in Tunisia. Then we've seen and continue to see uprisings in Egypt, Yemen, Bahrain, Oman, and Syria.
On the surface, the uprisings in the Middle East looks like a revolt of people clamoring for democracy. Maybe it is. But the real danger is that the turmoil in the Middle East opened the doors for the extremist and radicals to try to gain control.
Look at Egypt. The exit of Mubarak did not end the Egyptian crisis, it was just a pause. The Mubarak allies are still there trying make a come back in disguise. Then we now have extremist coming in the scene. Fact is, they were just waiting for the right moment.
Then there's Libya going into civil war that sent the world price of oil soaring all across the world market.
And now, Saudi Arabia is starting to itch. And Saudi Arabia is one country that the world can't afford to see implode. No, we can't afford to see a Saudi Arabia uprising. At this point I don't see any eminent danger yet in Saudi Arabia. The protests that is already starting there should stop now.
It's all to obvious that the economic analysts in Wall Street are trying there best to downplay the whole Middle East situation. The Obama administration is playing the same tune too as the Wall Street gamers. The US administration is now on the "foreign policy" level of alert.
Oh the US administration are so careful about saying something on the economic impact of the Middle East uprisings to the already weak and troubled American economy which is being continuously dragged down by politics.
Hopefully, the Middle East crisis will wake up the American politicians and the media to put their acts together or else. America cannot afford another economic turmoil. No they can't!
And here's the big one now for America. A situation that America cannot afford to happen. A situation that can bring America down.
Here it is: If America commits a mistake on how it handles the current Middle East crises, a mistake that will cause the revolting masses in the Middle East to turn their anger against the United States, then America is in serious trouble.
And that mistake can start to happen now in Libya and, more importantly, in Saudi Arabia.
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Thursday, March 10, 2011
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