Gold, Iraq, and the Stock Market
Will we go to war in Iraq? By going to the United Nations in search of support for the war, President Bush moved the locus of decision-making to an international bureaucracy. Saddam Hussein immediately took advantage of this opportunity to delay the invasion. He has said that weapons inspectors may come into his country. The UN is likely to use this as a way to forestall a war that its members do not want. Bush gave Hussein one last chance, and he took it. Uncertainty is rising. It’s not clear yet whether we are going to war. War is bad … Continue reading Gold, Iraq, and the Stock Market
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