Posted By RichC on January 28, 2011
As the middle east boils and Egypt joins Tunisia in a public uprising against their governments, world markets grow nervous seeing oil rise 4% today on worry over disruption. Not only is our U.S. stock market giving back it’s gains from the past few days, but the political unrest a half a world away reminds me just how connected our world has become … for the good and the bad.
Neil Cavuto reminded us (audio above), that during times of international turmoil just like back in the 1970 in Iran during the overthrow of the Shah, events can quickly spiral out of control and even bring down the president in the United States. This is of serious concern both economically and politically. (AP video update below)
Adding some follow up video illustrating the chaos …