Egypt in disarray; oil up

rblong2us

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same when they removed Saddam and Ghadaffi ........

Unintended consequences ?

or was the current Iranian situation cunningly planned ?
 

Aubuy

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If we made owning a private car illegal and forced everyone to use public transportation (or bikes), not allowed people to use water for lawns, banned incandescent lighting, made recycling mandatory, closed all the coal fired plants, limited soft drinks to 6 ounces, had single payer health care, funded a new palestinian state, and gave Florida to Israel (if they promised to live there), I am pretty sure the middle east and Egypt would continue to be a mess which is why having a little bit of gold might be a good idea (just trying to stay on topic here)...:shrug:
 

pmbug

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How long can the USA economy survive with $100+/barrel oil?
 

mmerlinn

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It's really sad how bad things have gotten there - after so much optimism when Mubarak was removed.
Anyone cognizant of politics in that part of the world would have realized that this is exactly what would happen with the removal of a 'strong man.' If not for Mubarak, and Sadat before him, what you see happening today would have happened DECADES ago. Not saying that Mubarak & Sadat were saints, as they were not, but they did keep the lid on terrorism in Egypt for over 40 years. Now that they are gone, and there is no one to replace them, extremism will continue to rule unchecked.
 
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ancona

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For some reason, it seems as if the entire muslim world is either trying to escape the seventh century, or fighting to bring back the seventh century. I say if they wish to live as barbarians within the borders of their own country, who are we to intervene?
 

rblong2us

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The Crusaders went in search of knowledge.

Ancient knowledge that appears to have been passed, in part, to the Greeks from the Egyptians.

The Romans did not understand the more subtle ways of a peacable civilisation ( that had remained stable for thousands of years ) and felt threatened by it.

They destroyed the people and the knowledge wherever they could, using the relatively new iron / steel technology, which meant you could train a soldier pretty quickly.

What the Crusaders found was remnants of that knowledge in Iran, which they gathered and kept secret, this knowledge possibly passing from the Knights Templar to the Freemasons when they were destroyed by an unfriendly French King.

It was the rediscovery of this knowledge that triggered the Renaissance and the building of the great cathedrals, as the secrets of geometry and the gothic arch were utilised.

Sadly we talk as though we are the pinnacle of civilisation today.

We may be doing well with technology but 7th Century Islam was in many ways very advanced.
 

Aubuy

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The Crusaders went in search of knowledge.

Ancient knowledge that appears to have been passed, in part, to the Greeks from the Egyptians.

The Romans did not understand the more subtle ways of a peacable civilisation ( that had remained stable for thousands of years ) and felt threatened by it.

They destroyed the people and the knowledge wherever they could, using the relatively new iron / steel technology, which meant you could train a soldier pretty quickly.

What the Crusaders found was remnants of that knowledge in Iran, which they gathered and kept secret, this knowledge possibly passing from the Knights Templar to the Freemasons when they were destroyed by an unfriendly French King.

It was the rediscovery of this knowledge that triggered the Renaissance and the building of the great cathedrals, as the secrets of geometry and the gothic arch were utilised.

Sadly we talk as though we are the pinnacle of civilisation today.

We may be doing well with technology but 7th Century Islam was in many ways very advanced.
Including the part where women aren't allowed to read and get stoned to death for adultery? :paperbag:
 

rblong2us

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In more peacful, ancient civilisations, women were given equal rights to property ownership and were sometimes selected as leaders. ( eg Cleopatra, Boudicca )

It is the last 2000 years that have seen the changes and women becoming mere chattels.
We ourselves are only a 150 years or so beyond this and while it is clearly deplorable that in some cultures these attitudes persist, in the big picture things have and continue to return to how they were in ancient times.

In many ways we are still in the dark age. eg divide and rule, control with fear .....
 

Potemkin

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Looks like things are devolving over there. :(
Very sad and ugly news coming from Egypt.

Also: FOMC minutes today - they say they might wanna taper the QE later this year. :rimshot:
 
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