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Old 05-08-2018, 11:12 PM
 
56,988 posts, read 35,193,725 times
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Quote:
Originally Posted by boneyard1962 View Post
In which case why do we need the deal? What do we lose if it is canceled?
Credibility. Not that we have much left anyway.

 
Old 05-09-2018, 05:47 AM
 
35,309 posts, read 52,299,308 times
Reputation: 30999
Another consequence of trump scraping yet another deal is that America has become a very unreliable country to make deals with.
 
Old 05-09-2018, 05:54 AM
 
Location: Long Island
57,269 posts, read 26,199,434 times
Reputation: 15639
Quote:
Originally Posted by boneyard1962 View Post
In which case why do we need the deal? What do we lose if it is canceled?
The deal was to halt Iran's nuclear development, if the deal falls apart they will kick out the inspectors and we will end up back where we where. If you care about their ability then what is the next step. It seems like their nuclear ability was more of a concern for Israel, their capability was no where even close to NK.


So now where do we go, what is Trumps plan B.
 
Old 05-09-2018, 05:59 AM
 
41,813 posts, read 51,045,587 times
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Quote:
Originally Posted by jambo101 View Post
Another consequence of trump scraping yet another deal is that America has become a very unreliable country to make deals with.
To reiterate for the 104th time both Iran and the European countries were fully warned about this possibility.
 
Old 05-09-2018, 06:05 AM
 
2,830 posts, read 2,503,247 times
Reputation: 2737
Quote:
Originally Posted by Goodnight View Post
The deal was to halt Iran's nuclear development, if the deal falls apart they will kick out the inspectors and we will end up back where we where. If you care about their ability then what is the next step. It seems like their nuclear ability was more of a concern for Israel, their capability was no where even close to NK.


So now where do we go, what is Trumps plan B.
The flaw in your logic is that you assume no repercussions on Iran. Sanctions will, again, force them into a predicament where they need to decide between nuclear weapons or economic success.

Under Obama's deal, we were basically buying them off, to temporarily halt production of nuclear weapons. Iran knew they had the better end of the deal, which is why they were vehemently opposed to us pulling out.
 
Old 05-09-2018, 06:07 AM
 
41,813 posts, read 51,045,587 times
Reputation: 17864
Quote:
Originally Posted by desertdetroiter View Post
Credibility. Not that we have much left anyway.
Suppose I'm the CEO of a company and come to you with an offer. If members on the board of directors do not like the deal and they warn you of the potential that the next CEO can cancel the deal who's fault is that when it is cancelled?
 
Old 05-09-2018, 06:07 AM
 
13,684 posts, read 9,007,828 times
Reputation: 10405
Now, we all know that President Putin, of Russia, was, at least in public, against President Trump's withdrawing from the multi-country Iranian nuclear agreement.


But was he really against it?


Last night I read that a Russian news show had discussed how the country was going to obtain the billions (or trillions, I forget which) of Rubles to help their economy. According to what I read (sorry, no link), one of the commentators said something like "Well, with the United States re-imposing sanctions against Iran, oil prices will go up, which will help our economy".


Even as I write, crude oil prices are up 2 to 3 percent this morning. Here is a website I like to check on from time to time (since I get royalty payments):


https://oilprice.com/


If President Putin actually desired the US of A to pull out, did Mr. Trump know of that desire?
 
Old 05-09-2018, 07:22 AM
 
Location: Long Island
57,269 posts, read 26,199,434 times
Reputation: 15639
Quote:
Originally Posted by ryanst530 View Post
The flaw in your logic is that you assume no repercussions on Iran. Sanctions will, again, force them into a predicament where they need to decide between nuclear weapons or economic success.

Under Obama's deal, we were basically buying them off, to temporarily halt production of nuclear weapons. Iran knew they had the better end of the deal, which is why they were vehemently opposed to us pulling out.
There are repercussions both ways, I don't see the perfect deal coming out of our withdrawal. The plan for what happens next is missing from the conversation, any steps we take from this point on will be enormously complicated. I did not see any urgency that this needed to be done at this point in time.
 
Old 05-09-2018, 07:23 AM
 
23,177 posts, read 12,216,625 times
Reputation: 29354
Quote:
Originally Posted by legalsea View Post
Even as I write, crude oil prices are up 2 to 3 percent this morning. Here is a website I like to check on from time to time (since I get royalty payments):
And how many other days this year could you have written the same? Oil prices were up significantly this year even before this latest move. This may or may not have a significant effect on prices but as an investor you surely must know the foolishness of drawing conclusions based on immediate dips and spikes. By tomorrow morning they could be down 2 to 3 percent.
 
Old 05-09-2018, 07:24 AM
 
45,676 posts, read 24,008,400 times
Reputation: 15559
Quote:
Originally Posted by oceangaia View Post
And how many other days this year could you have written the same? Oil prices were up significantly this year even before this latest move. This may or may not have a significant effect on prices but as an investor you surely must know the foolishness of drawing conclusions based on immediate dips and spikes.
Every stock market analysis will tell you - - not participating in the Iran deal will have an impact on oil prices.

How can you argue against that?

It would be better to argue that you believe it is a negative we need to live with.
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