Saturday, January 7, 2012

If America attacks Iran , China will take counter measures

Marc Faber : Well who knows and it is very difficult to invest according to world conflict, but the fact is simply that the Middle East is going up in flames, that tensions have increased very substantially as well as in the states. And I think the Chinese must have scratched their heads when they stalled the invasion of Libya. And they would not be as stupid as to believe that if the Western World controls the Middle East, it would be very helpful to them, because if the Western World including the U.S. and Britain, France, Germany controlled the Middle East, then the Western World can switch on the tap of oil or switch it off. And this must really be very unsettling for the Chinese. And therefore, I think instead the Western World attacked Iran today, I think some counter measures would be taken and believe me, the recent trip of Hillary Clinton to Asia, to essentially reassert the American influence in the Pacific, would be viewed by the Chinese as a hostile move. There is no question about this. Like if the Chinese went to the Caribbean and essentially tried to reassert their power over the Caribbean or establish bases in Mexico or in Canada or in Venezuela, it would be looked upon as an aggression by the U.S. and you have to look at the world from different perspectives: from the perspective of the U.S., the perspective of Western Europe, from Russia, China, and of course also from Latin America.

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