[lbo-talk] [Pen-l] Israel's Facebook status

Ferenc Molnar ferenc_molnar at hotmail.com
Mon Jan 31 15:00:44 PST 2011


Chuck Grimes: "Washington maybe watching the endgame of its foreign policy and its economic policies in much of the region if Egypt transforms itself into a representative government."

FM:  The American Empire's Suez Crisis?  Maybe, but fifty percent of the goods shipped through the Suez Canal are from Asia bound for European markets.

http://www.ft.com/cms/s/0/dab112d2-2d61-11e0-8f53-00144feab49a.html#axzz1CdqQjQzG

The Suez-Mediterranean Pipeline brings oil to Europe.  As one oil analysis site puts it, Egypt is a "chokepoint" for a large part of the global economy.

http://www.eia.doe.gov/cabs/world_oil_transit_chokepoints/Suez.html



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