> I doubt that Shiite militias in Iraq can or will do anything much just
> because Washington bombs Iran. Most of them work for Washington
> anyhow.
That's not what's happening in Basra. Not even the Brits, with their low-key, hands-off, Imperialism Lite can keep a lid on the Shiite volcano anymore.
> Governments of the EU and East Asia _won't_ do any damage to
> the US economy _purposefully_ -- that's like cutting off your nose to
> spite your face.
Oh, they won't do any permanent damage. Not their style. Developmental states are masters of bailout capitalism. Asiacapital and Eurocapital would just refrain from buying US financial assets for a week or so, delicately pinching the US economy's air-hose. Enough to get their point across.
-- DRR