January 17, 2009
Silver Lining to Econonmic Downturn
Arab investors have lost 2.5 trillion dollars from the credit crunch, Kuwaiti Foreign Minister Sheikh Mohammad al-Sabah, whose country hosts an Arab economic summit next week, said on Friday.That's also 2.5 trillion dollars that won't be going to "Arab charities" like say Hamas, Hezbollah, Muslim Brotherhood etc etc etc."The Arab world has lost 2.5 trillion dollars in the past four months" as a result of the global financial crisis, Sheikh Mohammad told a press conference following a joint meeting of Arab foreign and finance ministers in Kuwait.
He also said that about 60 percent of development projects "have either been postponed or cancelled" by the six-nation Gulf Cooperation Council (GCC) states because of the global meltdown.
Note to UBL, the US economy is the most dynamic, must able to handle and recover from an economic recession/depression whatever. We have our own food. We can take care of our own.
Personally, so far as I care, you can run the economy off a cliff, use the downturn as a weapon of war against al-Qaeda and our enemies. UBL is already begging for bucks for his Jihad. Soon local concerns, like say eating, become more important than Jihad.
UBL thinks that economics will bring us down. I hate to break it to him, but we aren't the ones who have the most to fear from economic problems. In the same way that the expansion of the economy were aiding the Jihad, the downturn takes from it. We are in a much better position to survive and recover than our enemies.
For those of us here that have problems with a down economy, well not having to fear it is one of the advantages of being an already poor rural bible/gun clinging redneck.
Discussion topic: Taking advantage of economics as a tool of war.
