What effect will the trouble in the Arab world have on us? The obvious one is fuel supply and increase in cost .The bigger one is Financial Default.Dubai and Bahrain have both borrowed hundreds of Billions of Dollars to develop their economies into dynamic tourist locations .Dubai has already had to restructure some of its Sovereign debt .Bahrain is leveraged to the hilt .If unrest continues and the Governments of these or other Arab nations are overthrown.Will it be the straw that broke the camels back and lead to the total collapse of the world banking system as we know it .
WE PAY
When some of the benign Dictators try to re establish their foot holds in their post revolutionary countries by handing out rewards to those who stood by them in their hour of need and then rebuilding the bombed out shells of Cities destroyed by their own forces .Will we have to pay increased oil prices to fund the Benign Dictator Father Of the Nations survival .Most of these countries only have one commodity to sell OIL .
