Tuesday, August 27, 2013
The US will strike Syria
I am writing the obvious here. The Americans and its allies will definitely strike Syria over their miscreant use of chemical weapons.
It is easy to just launch cruise missiles against Syria but what afterward? The Middle East is a mess and I don't see how man could resolve the issues there. Looks like we just have to let things be and let time offer opportunities for solutions. Against this backdrop the Israelis must be desperately trying to make peace with the Palestinians. I wonder how financial markets will discount what is coming. It is not going to be pretty. Beside a strengthening USD what else is sure?
Dangerous times ahead and typically not good for most asset prices.
Update: Sep 2, 2:05pm
I have received email asking to pray that there would not be a strike. Christians in Syria stand to lose big if Assad falls. The opposing side are Islamists intolerant of their faith.
Best to let the folks in the Middle East settle their own most complex quarrels. There is nothing outsiders could do to make it better for them.
Posted by PengYou at 8:03 AM