While My Qatar Gently Weeps : कतार कहानी का एक खतारनाक पहलु

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With nearly 30% of global LNG supply, Qatar has more natural gas than Michael Moore after a bowl of cauliflower. And what’s more, it has the lowest extraction rates in the world. It’s how they got to be the richest country in the world on a per capita basis.

What to Expect?

Remember Libya?

Well, it’s no coincidence that the amount of terrorist attacks in Europe have increased ever since the US-led “coalition” shoved a flag pole up Gaddafi’s bum.

Any conflict in the Middle East is likely to increase the surge of refugees into Europe, and you can read my article on this very topic “7 steps to the easiest short in recent history” for a rundown. That particular theme will only increase the already fragile political and social fabric of Europe.

While it’s currently a low probability, should the powder keg that is the Middle East really blow, expect a US-led “coalition” to first provide “support” and finally to put boots on the ground. Then we go from passive to active and Billy gets to “integrate” once more with the natives. We’ve seen it all before.

Who wins? Who loses?

• It’s hard to see how any disruption to the supplier of 1/3rd of the natural gas market wouldn’t move prices.
• Any escalation leading to war won’t help already ballooning deficits, and yet the treasury will almost certainly need to sell more of those. Wars don’t come cheap.

Something else to consider is that this move by Middle Eastern countries led by the Saudis — designed no doubt to contain Qatar ahead of a more aggressive stance towards Iran — could backfire spectacularly, pushing Qatar closer to both Turkey and Iran. Qatar has money… lots of it.. and Turkey and Iran have decent military capabilities and regional ambitions.

Will Qatar capitulate or align themselves more aggressively with Turkey and Iran?

• They’ll fold like a wet blanket
• This will backfire as they seek alignment with Turkey and Iran
• Something else? Comment on the blog

– Chris

“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” — Søren Kierkegaard

Article by Capitalist Exploits