Monday, March 14, 2011

The Complexity of Persian Gulf Unrest
John Mauldin's Outside the Box

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While the world's attention was (and still is) on the fighting in Libya, George Friedman—founder of a global intelligence company called STRATFOR—told his employees to watch the tiny island of Bahrain. Libya's protests are more violent, but the unrest in Bahrain, he said, will have much stronger strategic implications.
It's easy to look at the news event that makes the most noise (and makes for good television). It's much more critical to pay attention to the event that, depending on its outcome, could disrupt the world economy. If unrest in Bahrain gets out of hand, Saudi Arabia's Shiite minority could follow suit with protests of their own, and the Iranian-Saudi balance in the Persian Gulf could teeter heavily toward Iran. Imagine if Iran fully controlled the area through which 40% of the world's seaborne oil must pass daily. Does Bahrain have your attention now?
You can <<click here to watch a video>> on this very subject from STRATFOR. If you have an older browser, you may not be able to see the video—but in that case you can simply read the transcript below it. I strongly recommend you also follow the link to sign up for their free intelligence reports. Their paid subscription is well worth the investment, but the free product is a good way to get your feet wet.
John Mauldin, Editor
Outside the Box
The Complexity of Persian Gulf Unrest
STRATFOR
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Posted 03-03-2011 12:34 PM by John Mauldin
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