3 ms·
They're doing great if you're on the beneficiary side: oil companies, defense contractors, the Trump family, Israel, Qatar, Saudi Arabia, etc. All that is at t
by api 2mo ago
They're doing great if you're on the beneficiary side: oil companies, defense contractors, the Trump family, Israel, Qatar, Saudi Arabia, etc.
All that is at the expense of the rest of the economy. The sectors that are hit the hardest tend to be, with the exception of those above, the ones who voted (disproportionately) for these people.
... which is what you get with a narcissist. The people hurt the most by a narcissist tend to be those closest or those that support them.
- vkou 2mo agoI'm pretty sure that Qatar and the Saudis are not exactly pleased with having their stuff blown up.
- petre 2mo agoQatar is pretty much screwed as they can't get the gas out of the Gulf. The Saudis will have to eventually do something about Yemen, because Bab Al-Mandab tanker traffic is also under threat and Asia id paying good money for fossil fuels right now.
- bix6 2mo agoTrue but I’ve heard they are in support of Iran getting decimated so they can fill the power vacuum.
- api 2mo agoSo many Americans don't understand that these two "branches" of the Muslim world are at odds as much if not more than Israel and the Muslim world. That whole region is a mess of deep long-standing divisions.
- dmix 2mo agoI'd still take UAE vs Saudi, over Iran destabilizing everything in the region (Lebanon, Gaza, Syria, Iraq, Yemen, Western Sahara). Not to mention supporting Russia and North Korea.
- vkou 2mo agoRight, the Saudis have never destabilized anything, nor have their embrace of batshit-insane wahhabism created the environment and the people that flew two airplanes into some highrises a few decades ago.
- dmix 2mo agoRight the whole conflict UAE has with Saudis is they support Islamists who do stuff like that, which destabilizes the region. That's a good battle to have play out IMO. The fact a power player is even taking that position is pretty great, despite UAEs own flaws and meddling. Ultimately that clash is still very different than Iran being a self destructive pariah state funding only terrorism and destroyting their own economy through (often socialist) mismanagement.
- vkou 2mo agoI think they are finding that a bad peace was better than a good war.
- tokai 2mo ago>defense contractors They are happy about missing out on the largest rearmament or Europe since the ww2?
- thelastgallon 2mo agoNot only these profits, but there must be hundreds of billions of profits from trading on the volatility of markets. Only a chosen few know what announcement is going to come out today.