An interesting analysis of how the war on Iraq by the US will help India in the long run. I think that he is right. The post suggests that this is why India is keeping quiet and not attacking Pakistan, even though we have ample reason to. The Kolkata Libertarian thinks that the second part of the analysis is nonsense. I think that he is partly right and mostly wrong.

Update: Swaminomics weighs in on whether the Iraq war will help the Indian economy. His verdict: Yes, but in the long run. Oil prices may go down as low as $15 per barrel.
These arguments seem much more sensible than the one above by Den Beste, but even Swami assumes that a remaking of the Middle East is in the offing.