investmenttool.com Cover Story

Thermonuclear War

With the possible exception of an earnings warning from Oracle Corporation, the economic outlook for equities has improved a great deal in recent weeks. It is obvious that the economy has begun to grow steadily, recovering from recession and the September 11 attacks. There is a single, obvious factor that will keep the market from making any moves at all. Thermonuclear war.

The irresponsible stands of the governments of India and Pakistan have essentially held the entire world hostage. Pakistan is afraid to stop cross border terrorists from slaughtering innocent Indians in Kashmir. The Indians are threatening cross border raids to put an end to terrorism.

This wouldn't bother the markets much except both sides have nuclear weapons and nobody thinks they are responsible enough not to use them. Pakistan is out manned and out gunned and if they start to lose a war, they will fire nukes. India will of course fire back.

India has held this region for decades in spite of the fact that most of its Muslim residents would rather be part of a Muslim country, though not Pakistan. So, the world gets to suffer from the threat of war.

The long term damage to the world economy will be minimal, but nobody stays calm with the prospect of according to U.S. estimates 17 million dead. I think those figures are low. A war could easily kill 100 million and poison the atmosphere of the entire planet.

A single al Qaeda raid from Pakistan could actually kill a hundred million people if it sparks a war. Does anybody know that the recent attack on an army base in Indian Kashmir wasn't the work of al Qaeda? Maybe its all part of the plan put in motion on September 11.

The bottom line here is that neither state is responsible enough to posses Nuclear weapons nor the U.S. and Russia should be formulating plans for taking these weapons and the factories that build them.

I know the markets would be pleased with such action. Not to mention the hundred million victims of a potential war.

For our front page, click here.

Shmuel Protter
investmenttool.com

Send this page to a friend

Friends Email (Required):
Your Email (Required)    :
Your Name (Required)    :

Enter your message to your friend (optional):

Return Email receipt: Yes No
Join Stockwatch Alert Mailing list: Yes No

---

Join Stockwatch Alert mailing list.

---

---