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- Chill Out Room
-- Benazir Butto is dead!
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| Originally posted by nchs09 So you are saying the value is in her ideas and not her life itself? I guess for you life is cheap? |
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| Originally posted by Krypton Risk is priced in the markets. Political instability increases the risk in investing in oil markets, especially instability in the Middle East. When there is elevated risk, investors require a higher rate of return to compensate them for the risk they take on in investing. So, prices rise to satisfy the "risk premium" investors want for their risk. Risk and their premiums have absolutely nothing to do with supply or demand, but is a function of human psychology. It really boggles my mind. About 30% of current oil prices are PURELY risk premiums investors require because of instability in Nigeria, Iran, Iraq, and now Pakistan. It just goes to show; the law of supply and demand does not rule the market all the time. |
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| Originally posted by ChemEnhanced if it wasn't for her ideas and what she has accomplished would there even be a thread about this? |
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| Originally posted by nchs09 No, yet you seem to be unmoved by her death. |
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| Originally posted by ChemEnhanced I have no ties to Pakistan and....not to seem harsh but her death will have little to no affect on my life.....just like Princess Diana's death has had no affect on my life. I understand how this will affect the lives of millions of people across the world as they have ties to Pakistan but as I said, I don't have any ties to Pakistan. |
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| Originally posted by ChemEnhanced I have no ties to Pakistan and....not to seem harsh but her death will have little to no affect on my life.....just like Princess Diana's death has had no affect on my life. I understand how this will affect the lives of millions of people across the world as they have ties to Pakistan but as I said, I don't have any ties to Pakistan. |
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| Originally posted by nchs09 The death of millions of people will have 0 effect on me, yet i still fill pity for them. That is a very cold perspective mate. |
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| Originally posted by ChemEnhanced I have no ties to Pakistan and....not to seem harsh but her death will have little to no affect on my life.....just like Princess Diana's death has had no affect on my life. I understand how this will affect the lives of millions of people across the world as they have ties to Pakistan but as I said, I don't have any ties to Pakistan. |
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| Originally posted by Allied Nations i thought we already proved to you her death and rising tension in pakistan would in fact have an impact on your life- princess dianas death was tragic but it didnt have anywhere near the political consequences butto's death will have, that i agree with- do you really not see the point here? |
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| Originally posted by Ian as someone who lived in asia, what sort of effect does pakistan have on the middle-east/oil etc stuff. Is it just financial, or do they have a hands on part that we don't know about? |
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| Originally posted by Ian he didn't say he had 0% pity, |
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| Originally posted by nchs09 That is what he is making it sound like. |
Im not entirely familiar with the situation, but don't the potential political consequences here far outstrip the possible rise in oil costs and economic impact as a whole.
Anybody watching the live CNN video feed on this topic from their website? They play some cool techno, breaks, and even DnB beats in the background sometimes.
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| Originally posted by Elec Anybody watching the live CNN video feed on this topic from their website? They play some cool techno, breaks, and even DnB beats in the background sometimes. |
This is about a lot more than just oil and economics. Not only is Pakistan very unstable internally, it also has nuclear weapons and tensions with its neighbors. It was in a state of emergency just a couple of weeks ago. Things could get very bad.
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| Originally posted by Ian it's about the same level given when a wrestler dies or someone we haven't heard of. |
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| Originally posted by d-miurge On Fox it's Lord of Bass, Samim - Heater, and even some Sean Tyas. |
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| Originally posted by bangoSkank Im not entirely familiar with the situation, but don't the potential political consequences here far outstrip the possible rise in oil costs and economic impact as a whole. |
Essentially my only familiarity with the situation in Pakistan is what I hear on NPR news on the way to campus in the morning, but when I heard of Bhutto's death this morning I was floored. It will be very scary/interesting to see how the general populous in Pakistan reacts to this over the next few days - folks are already well pissed at Musharef, I can't see them taking this well.
I'm surprised Musharraf hasn't busted out the emergency rule again.
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| Originally posted by Clovis I'm surprised Musharraf hasn't busted out the emergency rule again. |
Also, does anyone else get really pissed off any time they hear someone say "Pervez"?
Just doesn't sound like he could be a trustworthy fellow. 
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| Originally posted by RJT Also, does anyone else get really pissed off any time they hear someone say "Pervez"? Just doesn't sound like he could be a trustworthy fellow. |
21st century franz ferdinand.
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