Wednesday, September 26, 2012

The Globe Post 2008 Crash

What is happening one might ask around the current economic climate, and what are our elected leaders doing about it?
 
Well firstly the economic recession is still weighing heavily around our necks and does not look like receding some time soon. As the world needs to recover before we in little SA can recover and follow suit, we need the global all time low confidence to be lifted either by an event of colossal proportions failing which a cataclysmic event/s needs to occur from within which opportunities are identified.
 
To create some context; we have recently seen elections held in Russia - result - unstable environment. We are experiencing terrible strife in Syria which the world leaders are avoiding decisions on, the Euro zone remains in serious crisis with many countries in dire straits. We have a new French President who needs to get up to speed with his German counterpart and the rest of the Euro leadership. The after effects of the Arab spring uprising will take many years to stabilise and to commence restructuring and development.There are many more serious problems around the globe in addition to the many innuendos and subterfuge playing themselves out, the last and one of the most important of which is the pending USA Presidential elections in November this year.
 
Given all this, where will any event of positive colossal proportion come from to resuscitate the global economy? Well...it simply will not surely, at least not in 2012 (with due respect to the Mayans). So where does this leave us except for a cataclysmic event to occur? It does not take significant intellect to deduce that the likely source of such an event could come from the slowly festering sore that is Iran and its nuclear capability issues. Israel has stated in a recent Time magazine article that it requires the US and UN to draw "red lines" around Iran's reluctance to co-operate with International Nuclear inspectors, failing which it will settle the issue with a pre-emptive strike on the so-called nuclear locations, and this before the US elections should Iran not agree to cooperate. This places the US in an embarrassing and stressful position as they will not take any such decision pending the outcome of their imminent elections.
BUT....a war with Iran will solve many problems, the least of which it will likely place that regime under some form of control by the West, notwithstanding the uproar this will cause with many nations pretending outrage, yet silently thanking the war action. After all Iran holds one of the Worlds largest strategic oil stockpiles, pirates booty so to speak. We have seen many economic cycles boosted by massive war machine costs and this time around there will be enough oil to settle the debts.
 
Talk about strategy and implementation - all being quietly constructed and planned - it is the intent that seriously concerns me from a Leadership point of view.
 
Go figure what our world leaders will do?