The Black Box

[Huluriasquias]

The only valid reason I could see to invade Iraq was for its oil. If USA leaves Iraq they lose the "investment" already made. (In money, lives, and --loss of-- political goodwill)

Throughout this century the standard "exit strategy" in similar situations was to put in place a "puppet government" and leave the big companies "in charge".

This is the strategy that the Iraq guerrilla is opposing at this moment killing Iraqi nationals that might be part of a transitional government. (And with quite a bit of success I would add)

Just leaving Iraq to its luck is not an option at this juncture. That's why things look so bleak.

H.

(And I don't consider this to be a political post. I believe it reflects on the current state of the markets, and its expectations)