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Wednesday, April 12, 2006

Iran Oil Bourse

Aaah the many reasons for war. I didn't understand this one. I thought "Why would America consider attaking another country just because they decided to sell their Oil in Euros ?".

Then I looked into a previous war. I didn't know that in 2000 Iraq started selling it's oil in Euros and for all intents and purposes was doing quite well from it. America however was not, not at all. Their paper money is worthless in the non oil world they had to sell diamonds and other natural resources for Euros to buy oil, what fun, strange that now they have a puppet government back in Iraq they are selling oil in Dollars again, despite economically selling in Euros was better for the country.



How does this work I ask.

Well for international goods and services America paid in Dollars which were linked to gold. Then 1970-1971 all these jonny foreigners demanded gold back in return for all the promisary notes the Americans had given them... Dollars.

The U.S. Government said No and completely defaulted on its payment, August 15, 1971. Simply selling this to the American public ( Who we know will actually swallow anything their government tells them ) as “severing the link between the dollar and gold”. No one said what good with that do us mister.

BUT in any other language the refusal to pay back in gold was an act of insolvency, the U.S went broke that day... Or did it for essentially, the U.S. declared itself an Empire. It had extracted an enormous amount of economic goods from the rest of the world, with no intention or ability to return those goods, and the world was powerless to respond— the world was taxed and it could not do anything about it. I mean if your friend borrowed some money, you went round to ask for it back he says, NO. You say well what did you do with it, he say I bought this big bloody gun. There's not much else you can do about it but walk slowly away, apologising for disrupting his day.

Now the cheeky chappy in Iran is thinking of following Saddams footsteps but the Americans can't allow this to happen. Iran has close trade deals with China who also deal heavily in Dollars, if China has to convert to Euros to fund it's ever growing energy needs, America's already rubbish economy is going to be burst wide open as countries around the world, who deal with China...( and what country doesn't ) Dump the monopoly money that is the Dollar in return for Euros.

I think the American government see's this as a good excuse to go to war again, but. Will the American people follow him ? perhaps they know the real reason is not nukes, but economic prosperity, perhaps they themselves are unconcioulsy complicit by accepting the lies almost with a sense of relief that they don't feel like the bad guys for going to war to protect their purchasing power. I think this is true. Wether the government tell Americans the truth or a lie the act of war is good for them so perhaps a spoon full of sugar does indeed help the medicine go down.

Personally I want to see the economic downfall of America. America is a young irrisponsible country. Its pushes it's weight around like a high school bully. It needs to be taught a lesson. It needs it's own true democracy. I believe a country can only get better when it feels defeat. No country can match it for guns but if an empire cannot tax it cannot build anymore weapons.

It needs to get back to the principles of the founding fathers. It blunders around the world like an oil spill contaminating everything it touches. It has no real desire to bring democracy to any country as it has not one of it's own. Physician Heal Thyself.

BUT what will happen is they will sell another war the public will deep down know the truth but go along with it anyway, Iran will be taken over and forced to sell in Dollars again and every American can sleep well knowing, it may own 9 trillion dollars but hey, whos gonna come and get it ?

Or Russia and China will draw the line "This far no further" and step in. Russia trades heavily with europe so the Petro Euro will be no bother for them.

Could we be looking ar world war three.

1 Comments:

Blogger Tom said...

In economic terms, an Iranian Oil Bourse represents a much greater threat to the U.S. than an Iranian nuclear first strike!

6:19 AM  

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