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January 23, 2007

And for MENA

In a busy day of meetings, the news that the US is putting a new carrier group in the Persian Gulf area brought a bit of cheer, like napalm to us all. Except for the US fund manager who oddly was pimping his firm to do Islamic finance offerings.

Queer how tone deaf and self-referential that was. "We should send a message to the Persians...."

Mate, leave that stridency for the other side of the sea. Everyone else is thinking about the sheer incredible March of Folly aspect to this and the likely disaster (given the incompetence seen to date).

Posted by The Lounsbury at January 23, 2007 11:36 PM
Filed Under: MENA Region General

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