23 Jul '11, 11am

Drumbeat: July 23, 2011

Telling something so obviously untruthful carries many messages most people ignore. They are a sovereign state and what business but theirs is it to any one else. KSA is being 'diplomatic' or 'polite' instead of saying F-off. It is not 'our oil' that just happens to be under 'their' ground. Telling the world what your reserves are could make you less important and less worthy of US defense, or China's. I personally think it is their right to keep their information to themselves, I would. No one has the right to know what is or isn't in my bank account, it is mine, obviously unless it is the gov. If I feel I'm compelled to talk about it I will tell whomever whatever I think is strategically in my best interest for them to hear, which is likely not the truth. Telling people to F-off doesn't go over well, if they want to ask about something they shouldn't, I don't find it imp...

Full article: http://www.theoildrum.com/node/8175

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