The profit margins Big Oil requires are no longer to be made in Saudi Arabia but in Iran and Iraq. Once the US concludes a nuclear deal with Iran, Big Oil will see to it that it sticks, and Washington can turn its attention to the true cause of … [Read more...] about The Iran Deal Through an (Oil) Glass Darkly
Economy
Financial Chinoiserie
A most peculiar crisis is developing for the Chinese economy – and, indeed, for the regime -- while the world’s attention is riveted on the chaos and terror in the Mideast and Russian aggression in Ukraine. Not the smallest element is the clever … [Read more...] about Financial Chinoiserie