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Great points Folks doing Middle East/North Africa solidarity are wondering the same. Meanwhile the kettle is brewing (or at least simmering) again in Egypt, Gulf capital's leading investment outlet in the region. Stay tuned for solidarity opportunities. On Tue, Jan 12, 2016 at 10:29 PM, Gary MacLennan via Marxism < marxism@lists.csbs.utah.edu> wrote: > ******************** POSTING RULES & NOTES ******************** > #1 YOU MUST clip all extraneous text when replying to a message. > #2 This mail-list, like most, is publicly & permanently archived. > #3 Subscribe and post under an alias if #2 is a concern. > ***************************************************************** > > I woke up this morning to a warning in the Guardian from the Bank of > Scotland's (RBS) economists. We are all to eliminate our share portfolios > except for Government bonds. > > I did not feel the need to call my broker as I am too broke to have a share > portfolio. > > Still I think it is very interesting to pair The RBS's warnings with the > alarums and excursions coming out of Michael Roberts. I am particularly > interested in the impact of the collapse of crude oil prices. Maturo in > Venezuela may have been the first victim, but it might be worth keeping > one's eye on Saudi Arabia. the Royal Family is already muttering about the > need for Thatcherism. The recent mass executions might also signify a > nervous ruling elite. > > If they apply Thatcherism inside the Kingdom, then I think all bets are > off. The Royal Family survives because of its capacity to bribe. If that > capacity is diminished by the fall in the price of crude, then it is just > possible we could be in for a Second Wave of the Arab Spring. And it might > be one that takes out the most corrupt leadership in the world - the Saudi > royal family. > > comradely > > Gary > _________________________________________________________ > Full posting guidelines at: http://www.marxmail.org/sub.htm > Set your options at: > http://lists.csbs.utah.edu/options/marxism/acpollack2%40gmail.com > _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
