todays tweet march 12, 2020

Markets collapsing and proverbial mud has hit the fan. A few observations. One, the Chinese behavior includes the following: 1. They suppressed information of the virus and refuse to allow US and others to come in. They still are not working with US.

the latter is what the Nazis did, need I say more about what this says about the present Chinese government? 4. Chinese are using this crisis to crackdown harder on dissenters. 5. Chinese are now trying to shift the blame to US and others for the virus and deny their role.

Maybe calling this Wuhan virus is appropriate to remind the World of the Chinese role in starting this.

How this impact future policy. First, the oil war between Russian and Saudi’s. There are two implications, first it hurts our frackers and it could be a bomb loaded at destroying or hurting our energy development. The second is that Putin is hurt the most

We can restart our energy productions but revenues from oil and natural gas funds Putin activities in Middle East, and that is good if Russia incapable of helping Iran and Syria. Saudis need their revenues for their budget as well.

Saudi’s use their revenues to placate their people and keep them happy and Russia depends upon their revenues to fund their military and government. So how long can either play this game of chicken?

Iran is the major promoter of terrorism in Middle East and the rogue state. Iran has been hit with a double whammy, the economic sanctions killing their economy and now the virus spreading their country. Last fall, they had to put down riots.

The biggest impact will be to be rid of a major threat to the West, hurts Russian plans for their Middle East, and allows us the ultimate flexibility. It will make the Saudis the king maker in the region due to oil and OPEC more willing work with US on energy.

I will admit the latter is not likely as I would like but the Saudi’s/US relations changes. Whether it is cooperative adventure to stabilize the Middle East or a rivalry on the oil front, Cooperation is in both US and Saudi’s interest.

Cooperation is in both US and Saudi’s interest. I will admit the latter is not likely as I would like but the Saudi’s/US relations changes. Whether it is cooperative adventure to stabilize the Middle East or a rivalry on the oil front. Cooperation is in both US and Saudi’s interest.

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