Oil Shock@ 150......200...250..... Who will survive ?

Oil Shock @ 150…..200……..250

American sanctions and European Sanctions – When I started studying the issue of oil embargo on Iran, I got one thing in mind. Are they really intended to stop Iran from getting Nuclear Capabilities or something else? (Hidden Agenda) In my study all points showing advantage Iran. Iran is surplus economy and net exporter.

Country                        Imports bpd      Percent Imports

 1. China                        543,000          10

 2. India                         341,000          11 

 3. Japan                        251,000          5.9 

 4. Italy                          204,000          13.2

 5. South Korea          239,000          7.4

 6. Turkey                     217,000          30.6

 7. Spain                        170,000          16.2

 8. Greece                    158,000          53.1

 9. S. Africa                   98,000           25

 10. France                   75,000           6.0

    Sri Lanka imported 39,000 bpd in the first half of the year, IEA data shows. It is completely reliant on Iranian oil.                  

·        Who is most affected?

o   India

o   China

o   Europe

·        Basically I think this American Strategy is to destroy currency challenge by EU and China (Challenge to the Dollar as reserve currency of the world.)

·        I will write on this in next post, today I am writing on how it is advantage to the Iran.

The changing face of Financial Order

Hong Kong named world's top financial hub - Asia-Pacific - Al Jazeera English:

'via Blog this'

It is not surprising for me to see Hong Kong as worlds top financial hub. This indicates two things. The first thing is world order is changing. The old power house are now old horses impaired with many diseases, they can not win a race. Betting on such horses are use less.
USA has its own financial mess to manage. It has lived on others money for long time. China, Japan along with other countries invested in USA debt and finance the luxuries of life. This luxury financing has created two problems. The first is USA asset bubble, USA spent money on which they can not afford, this luxurious spending is hounding USA and others. I do not see any solution to this problem in foreseeable future. The solution is cleaning the toxic from the system, which no one wants. There is no alternative, cleaning the system from crooks, which is impossible. When there is no will to implement solution, the only alternative left is slow and painful death of US economy.

The second problem is the financing of surplus economy to USA has deprived the needy, underdeveloped and least developed and developing economies of this money. Which may have used to grow these economies. This financing has increased poverty in world. When it will be stopped then definitely a new economic order will emerge.

These least developed, under developed and developing economies will get surplus money to grow and reduce poverty. The change in direction of money flow will change everything. More employment is created and will get better healthcare.

The Asia with its population, China and India along with their neighbors and east Asian economies will see a major shift in near future.

Indonesia, Malaysia along with Saudi Arabia will play a major role in global financial markets.Singapore which is already a major financial hub for east asia, Mumbai, Dubai, Qatar are other financial hubs which are in contest to change the landscape of world order.

It may take some time but the process has started and soon it will pick up. With China coming with its own Sovereign Wealth Fund of USD 300 billion, along with SWF of Malaysia, UAE, Qatar, Singapore, Kuwait and other OPEC countries will see a major change.

Let us make this change a positive, to reduce poverty, and improve justice and equality in this world.