Reply #118: That's great, but the second part of his scenario is bogus

[anigbrowl]

He asserts if oil went to $200+ per gallon (a possibility) that the US would collapse into being a third world country. This is nonsense. Myself, I think he just got tired of writing the article and wanted to wrap it up quickly. His main flaw is in assuming the economy would fall apart rather than rationing and price controls being reintroduced as a temporary stabilizing measure, as well the national petroleum reserve being used to provide a buffer during such a switchover.

Additionally, he assumes the coordinated launch of VX-armed missiles against Israel, disregarding the fact that such action would result in a nuclear response against Syria parallel or even prior to any attack on Iran. So that part of the scenario depends on the Syrian government being suicidal. I don't think so. The only source I know for the idea that Syria has a bunch of missiles ready to go with nerve gas warheads is the Israeli Department of Defense. Maybe it's true, but I still don't think they're suicidal.