Best of the Week
Most Popular
1.A 'Wicked Rally' in Gold Price Predicted - The_Gold_Report
2.Gold and Silver Bullion Buying Opportunity for 2017? - Nadeem_Walayat
3.The Coming Stock Market Crash and WWIII - Brad_Gudgeon
4.First UK BrExit then Trump, Next BrExit Tsunami Wave to Hit Italy HARD Sunday! - Nadeem_Walayat
5.Trump Sets The Stage For A Huge Gold Rally In 2017 - James Burgess
6.Why We Haven’t Seen Gold Price Rally after Trump Victory - Harry_Dent
7.Silver Bullion Price Buying Opportunity for 2017? - Nadeem_Walayat
8.Trump Stocks Bull Market Furious Rally Towards Dow 20k as Bear Mantra Persists - Nadeem_Walayat
9.Gold Bullion Price Buying Opportunity for 2017? - Nadeem_Walayat
10.Trump's Presidency - Stock Market Crash or Start of New Mega-Trends - Sol_Palha
Last 7 days
Official Warning: Stocks Are Going to Crash - 10th Dec 16
CIA Warns Donald Trump is Putin's Manchurian Candidate! - 10th Dec 16
Gold Fools, US Dollar Bulls and The Long Term Outlook for Both Markets - 10th Dec 16
Stock Market Saeculum 1st Turning Underway - 10th Dec 16
India's Stock Market: Nothing "Random" About It - 9th Dec 16
Gold Futures Selling Exhausting - 9th Dec 16
Cheap Large Icicle Christmas LED Lights Review - B&M Stores - 9th Dec 16
US Interest Rates and the Toughest Man Who Ever Lived - 9th Dec 16
Amazon UK Christmas Shopping Useless Delivery Tracking Warning Alert - 9th Dec 16
Euro-zone Crisis - The Soon To Erupt Euro Experiment - 9th Dec 16
Global Market Perspective 3 Killer Charts, 2 Fast Looks at Politics - 9th Dec 16
Trump Could Fuel A Nuclear Energy Boom In 2017 - 8th Dec 16
Our Future Economy, Jobs, Banking, And Governance – Part2 - 8th Dec 16
Developing Knowledge-Intensive Society and Knowledge Industrial Hub in Kerala - 8th Dec 16
Crude Oil and Gold, Silver Precious Metals Link - 8th Dec 16
Stock Market and the Great Middle Class Revolt Gets Bigger - 8th Dec 16
Protectionist Trump Policies To Crash Dollar, Gold and Bitcoin to Soar - 8th Dec 16
The Jaws of Life : The Most Hated Stocks Bull Market in History! - 8th Dec 16
Infrastructure A Budding Asset Class - 8th Dec 16
Trump Stocks Bull Market Furious Rally Towards Dow 20k as Bear Mantra Persists - 8th Dec 16
More Talk About More Economic Growth and More Globalization - 7th Dec 16
Cracks In US Treasury Bond Market, The Japanese Factor - 7th Dec 16
The Rise of Anti-Establishment Italy - 7th Dec 16
Trump Likely to Drive Another Bump in Stock Market Buybacks — Here’s How to Hedge - 7th Dec 16
World War II and the Origins of American Unease - 7th Dec 16
Online CFD Trading for Traders on a Budget - 7th Dec 16
Silver Bullion Price Buying Opportunity for 2017? - 7th Dec 16
The Imminent Multi-Trillion Dollar Surge In Social Security & Medicare Costs - 7th Dec 16
Gold Bullion Price Buying Opportunity for 2017? - 6th Dec 16
Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market - 6th Dec 16
THE Gold Play for 2017 - 6th Dec 16
Trump Sets The Stage For A Huge Gold Rally In 2017 - 6th Dec 16
BrExit Tsunami Claims Emperor Renzi's Scalp, Counting Down to End of the EU, Next? - 6th Dec 16
Failed EU - Means an Expanded Dictatorship - 6th Dec 16
Crude Oil Prices: "Random"? Hardly - 5th Dec 16
The Coming Stock Market Crash and WWIII - 5th Dec 16
This Past Week in Gold Market - 5th Dec 16
Stock Market Short-Term Correction Underway - 5th Dec 16
If Trump Doesn’t Do This, We Will Have the Great Depression 2.0 - 5th Dec 16
India’s Demonetization Could Be the First Cash Domino to Fall - 5th Dec 16
Our Future Economy, Jobs, Banking, And Governance - 5th Dec 16
Gold and Silver Bullion Buying Opportunity for 2017? - 4th Dec 16
First UK BrExit then Trump, Next BrExit Tsunami Wave to Hit Italy HARD Sunday! - 3rd Dec 16
The 10YR Yield and SPX Stocks Bull Markets - 3rd Dec 16
Gold And Silver – Do Not Expect Much Difference With Trump Compared To Obama - 3rd Dec 16
Gold, Currencies and Markets Critical 61.8% Retracements - 2nd Dec 16
Gold Junior Stocks Q3’16 Fundamentals - 2nd Dec 16
Adventures in Castro’s Cuba - 2nd Dec 16
We Are Putting Off the Inevitable - 2nd Dec 16
Macroeconomic Cycles & Demographics - A Fuse, An Explosive and The Igniting Catalyst - 2nd Dec 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

$10000 Gold

Syria, Iraq... US Picks Wrong Friends, Wrong Enemies, Wrong Fights

Politics / Middle East Aug 11, 2014 - 12:15 PM GMT

By: Raul_I_Meijer

Politics

There are presidential elections in Turkey today, and current prime minister Recep Tayyip Erdogan looks set to win. Which means the US will have a definitely uncomfortable bedfellow in the Eastern Europe/Middle East region (the borders between the two are not terribly clear) in the coming years.

Erdogan has recently become a very loud opponent of Israel – and all the world’s Jews – , and US relationships with him had already been cooling way before this latest foray into ‘international diplomacy’.


Turkey is a secular state, and as such an indispensable buffer zone between religious spheres. But Erdogan knows he needs the votes of the muslim population in his country, which makes up about 98% of the total 76 million. And now the US will need him, and Turkey as a whole, perhaps more than ever. Obama may have some sucking up to do.

Like Erdogan, his neighbor, Syria’s President Assad, has been an unwanted ally. Last year, accusations of poison gas used in his fight against Al Queda linked rebels backfired on Washington, which managed to save face – but only sort of – when Obama asked Vladimir Putin to convince Assad to give up his chemical weapons. Which he did.

Over the past while, out of the boondoggle US invasion of Iraq, a new group has risen, the Islamist State (IS) – formerly ISIS. Much of their weaponry consists of US arms seized from the Iraqi army.

President Obama last week ordered targeted airstrikes on their positions near the Kurdish city of Erbil, which has a US Embassy, and is not far from the giant Mosul dam.

Today, the president prepared Americans for the fact that this may be a long term operation. Weeks, months. Where have we heard similar things before?

One good look at this WSJ map (click to enlarge) of hotspots in Iraq would seem to make it clear that airstrikes in just one place may indeed not do much of anything.

And besides, Iraq was never a country, only a western invention. The Islamist State are Sunni, then there’s the Shi’ite, and the Kurds the IS are presently fighting, and who also happen to have millions of people just across the border in Turkey. Nice mix, right?

The Islamist State’s main adversary so far – besides the Iraqi army – has been Assad. Now, they have started to threaten Turkey as well. Erdogan earlier this year decided to close the Ataturk dam on the Euphrates River (of Fertile Crescent fame), cutting off the water supply to northern Syria (which includes Islamist State base camp city Raqqa) and, further downstream, large parts of Iraq. Here’s the flow of the 1700 mile-long Euphrates:

And here are the parts of Syria and Iraq presently assumed to be under IS control (the blanks spots are mostly inhospitable terrain, mountains, deserts):

It’s obvious why the Euphrates water is important to the IS. And why they seized control over the Mosul dam (a spot, by the way, that the US cannot risk bombing).

Water is at least as precious in the Middle East as it is in the southwestern US these days.

In a video series made by VICE (see below), an IS member says Erdogan should open the dam or they will conquer Istanbul and do it for him.

Blocking people’s access to water as a warfare tool is something international law frowns upon for obvious reasons. And Erdogan isn’t even at war with the Islamist State. Yet.

Will the US be able to stay out of the war if the IS decide to expand northward, over the Turkish border? It’s certainly not going to be easy.

Meanwhile, America’s main allies are an Israel basher and a butcher with the blood of thousands upon thousands of his own people on his hands. With wrong friends like that …

There is one man in the world without whose – absolutely indispensable – assistance nothing the US come up with, will work.

He’s already helped Obama out of a very tight spot once, and he could do it again. He carries a lot of clout in the region, probably more than anyone else in the world. And knows it better than anyone else.

But that man has in record time gone from one of America’s allies, and an almost-friend of Obama, to the number one public enemy.

Obama, and Washington as a whole, may yet come to regret alienating Vladimir V. Putin the way they have.

There is no way this did not cross Obama’s mind just before he ordered the airstrikes.

Here are the videos from VICE (first 2 released in a series of 5):

The Islamic State, a hardline Sunni jihadist group that formerly had ties to al Qaeda, has conquered large swathes of Iraq and Syria. Previously known as the Islamic State of Iraq and Syria (ISIS), the group has announced their intention to reestablish the caliphate and declared their leader, the shadowy Abu Bakr al-Baghdadi, as the caliph.

Flush with cash and US weapons seized during recent advances in Iraq, the Islamic State’s expansion shows no sign of slowing down. In the first week of August alone, Islamic State fighters have taken over new areas in northern Iraq, encroaching on Kurdish territory and sending Christians and other minorities fleeing as reports of massacres emerged.

Elsewhere in territory it has held for some time, the Islamic State has gone about consolidating power and setting up a government dictated by Sharia law. While the world may not recognize the Islamic State, in the Syrian city of Raqqa, the group is already in the process of building a functioning regime.

VICE News reporter Medyan Dairieh spent three weeks embedded with the Islamic State, gaining unprecedented access to the group in Iraq and Syria as the first and only journalist to document its inner workings. In part one, Dairieh heads to the frontline in Raqqa, where Islamic State fighters are laying siege to the Syrian Army’s division 17 base.

The Spread of the Caliphate: The Islamic State (Part 1)

Grooming Children for Jihad: The Islamic State (Part 2)

By Raul Ilargi Meijer
Website: http://theautomaticearth.com (provides unique analysis of economics, finance, politics and social dynamics in the context of Complexity Theory)

© 2014 Copyright Raul I Meijer - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
Raul Ilargi Meijer Archive

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife