Gauging the damage of the American idiot

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As always, look past sectarian and other rationales to the national interest to determine what is afoot in Qatar, via Bloomie:

An alliance led by Saudi Arabia apparently enjoys Trump’s full support. Iran heads a coalition of America’s enemies. But a third bloc, looser and harder to classify, is at the heart of the dispute in the world’s oil repository. It includes Qatar, which hosts a major U.S. military base; Turkey, a NATO member; and the stateless, beleaguered yet resilient group that both nations support: the Muslim Brotherhood.

The 90-year-old Islamist movement has been in the crosshairs of the Saudis and other Gulf monarchies since the Arab revolts at the start of this decade, when it briefly held power after winning elections in Egypt, and seemed set to repeat the feat elsewhere.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.