Krauthammer’s Great Idea
The only sanctions that might conceivably have any effect would be a boycott of Iranian oil. No one is even talking about that, because no one can bear the thought of the oil shock that would follow, taking 4.2 million barrels a day off the market, from a total output of about 84 million barrels. […]
The only sanctions that might conceivably have any effect would be a boycott of Iranian oil. No one is even talking about that, because no one can bear the thought of the oil shock that would follow, taking 4.2 million barrels a day off the market, from a total output of about 84 million barrels. ~Charles Krauthammer
Via Kevin Drum.
To answer Mr. Drum, Krauthammer is perfectly serious about the boycott. Of course it’s loopy and mad, but that’s Krauthammer for you. But he knows that the boycott won’t happen, which means that Krauthammer will be forced, alas, to advocate military action. Besides, what’s a little global economic depression when the fate of Israel is supposedly on the line?
