As the revolutions unravel in the Middle East the west watches on with anxiety and panic.What could all this civil unrest mean for western economies?The price of a barrel of oil has already soared to $100 and what western leaders fear most is that the unrest could extend to Saudi Arabia.If this scenario happened we would be in big trouble.
Is the unrest in the middle east a genuine desire for true democracy or is there an underlying sinister force at work? I've no doubt many in the Arab world are sick of being ruled by despots and would like a taste of all the things that come with democracy,free speech,freedom to protest,elections...all the things the west takes for granted.However that monster called Islam will prevent genuine democracy from flourishing in these tribal lands.The only way they could get democracy is by cutting off religion completely from the state.
Countries never prosper under theocratic control and this is what I fear could be the end game for many of these revolutionaries.I hope I'm wrong I really do.
Much of the worlds oil supply lies under desert land in the middle east all in unstable arabic lands.There is some speculation that Osama Bin Laden is behind these uprisings and I would not rule out this possibility.The other plausible theory is people in the middle east have internet access and have seen what life is like for people in the western world.They have seen the freedom and prosperity of the west. Now they want a slice and who could blame them? They know the oil brings in billions yet many of the people live in poverty.
If this crises continues we could see petrol rationing and prices will rocket.The crises will effect every part of our economy.Many motorists will have to cut down on journeys which will mean a drop in footfall in our already struggling city shopping centres.Most goods are transported by road so expect prices to rise in shops and supermarkets.In fact there are 150,000 small to medium sized business on the brink of collapse.All due to a toxic combination of interest rate rises,deep government cuts and of course fuel increases.
I think the west will need to look at other forms of fuel other than fossil fuels.We cannot rely on the regular supply of oil for ever.
If any good comes out of this crises lets hope Gaddafi is captured alive and put on trial for ordering the Lockerbie bombing.Then at least the families that lost loved ones will finally see some justice.
Is the unrest in the middle east a genuine desire for true democracy or is there an underlying sinister force at work? I've no doubt many in the Arab world are sick of being ruled by despots and would like a taste of all the things that come with democracy,free speech,freedom to protest,elections...all the things the west takes for granted.However that monster called Islam will prevent genuine democracy from flourishing in these tribal lands.The only way they could get democracy is by cutting off religion completely from the state.
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| Gaddafi will hold on to power by any means possible.Could his replacement be far worse?Is the muslim brotherhood behind the uprisings in the middle east? |
Countries never prosper under theocratic control and this is what I fear could be the end game for many of these revolutionaries.I hope I'm wrong I really do.
Much of the worlds oil supply lies under desert land in the middle east all in unstable arabic lands.There is some speculation that Osama Bin Laden is behind these uprisings and I would not rule out this possibility.The other plausible theory is people in the middle east have internet access and have seen what life is like for people in the western world.They have seen the freedom and prosperity of the west. Now they want a slice and who could blame them? They know the oil brings in billions yet many of the people live in poverty.
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| This could soon be a familiar sight on petrol forecourts due to the impending oil crises. |
If this crises continues we could see petrol rationing and prices will rocket.The crises will effect every part of our economy.Many motorists will have to cut down on journeys which will mean a drop in footfall in our already struggling city shopping centres.Most goods are transported by road so expect prices to rise in shops and supermarkets.In fact there are 150,000 small to medium sized business on the brink of collapse.All due to a toxic combination of interest rate rises,deep government cuts and of course fuel increases.
I think the west will need to look at other forms of fuel other than fossil fuels.We cannot rely on the regular supply of oil for ever.
If any good comes out of this crises lets hope Gaddafi is captured alive and put on trial for ordering the Lockerbie bombing.Then at least the families that lost loved ones will finally see some justice.
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