Pro/Forums - View Single Post - World politics, alternative fuels, and an odd GPU comment (was Ati's 9800 is out)

gmat · 03-18-2003, 02:27 AM

Of course.
As for who is paying this war for real: read the economic news (you have the choice, Financial Times will do). The markets are already reacting. One thing is for sure, the US economy will get a boost (+2.5% or more), the dollar is climbing already, and Europe will stagnate or even enter in a slight recession (+0.4% optimistic, but this figure is being revised now). So the short term losses are compensated by the huge gains at middle term. Market analysts are still unsure about the oil issue, though, as the ME could very well burst in flames.
The Bush administration played a good economic card here, even destabilizing the unity of Europe.
Now on to the civil losses. Let's see the fireworks.

03-18-2003, 02:27 AM	#141
gmat Thermophile Join Date: Mar 2001 Location: France Posts: 1,221	Of course. As for who is paying this war for real: read the economic news (you have the choice, Financial Times will do). The markets are already reacting. One thing is for sure, the US economy will get a boost (+2.5% or more), the dollar is climbing already, and Europe will stagnate or even enter in a slight recession (+0.4% optimistic, but this figure is being revised now). So the short term losses are compensated by the huge gains at middle term. Market analysts are still unsure about the oil issue, though, as the ME could very well burst in flames. The Bush administration played a good economic card here, even destabilizing the unity of Europe. Now on to the civil losses. Let's see the fireworks.