Tuesday, July 14, 2009

Secretary Geithner On Middle East Investment For Future Growth

“The world has yet to fully appreciate the scale of ambition and investment we are seeing in the Kingdom and the Gulf region to lay the foundation for future growth. You are diversifying your economies to build a future less dependent on oil and natural gas.” -- Treasury Secretary Geithner

Oh I think we understand quite well. We have been extremely bearish on the Middle East since this blog's inception. May I get you some ketchup and mustard to help you eat those words?

It's nice to see Secretary Geithner's masters degree in international economics is serving him well.
posted by TimingLogic at 7:53 AM