Re: IT IS COMING!
- From: ishman@xxxxxxxxxx
- Date: Fri, 30 Dec 2005 09:11:15 -0700
***You are both right and wrong on all counts. Oil is the lowest
common denominator in an industrial based society, though the medium
of exchange used in its purchase could well change to Euros in the
near future.
Oil motivated the Vietnam war and it motivated the invasion of Iraq.
Do a Google search using the key words "Vietnam oil" and see what you
come up with.
On Fri, 30 Dec 2005 09:39:44 -0500, "serwad" <serwad@xxxxxxxxxxxxx>
wrote:
>They know it's coming, i.e. the powers that be in Washington, London,
>Canberra and wherever .... that's what all this "Homeland Security" is
>really all about ... preparing for massive civil unrest when the dollar
>collapses and major recession/depression hits.
>
>Just my interpretation for sure, though of course I might have missed
>someone else who has tried to cut through all the crap about WMD,
>"terrorism", "spreading democracy" and even oil as a reason to invade Iraq
>and, very likely, attack Iran.
>
>My thinking is that oil is certainly a major factor, but NOT in terms of
>supply, because even if we are approaching "peak oil", there is currently
>little difficulty in getting supplies.
>
>No the bottom line is that, sometime back in the 70s, Washington bludgeoned
>the rest of the world into accepting the then fairly worthless dollar as the
>only international means of exchange.
>
>It seems that the only thing propping the dollar up now - well the only
>fundamental thing - is that oil is traded in dollars.
>
>Wanna know why Iraq really got invaded? Well I suggest it was because Saddam
>Hussein switched to Euros.
>
>Wanna know why Iran is likely to be attacked? Well I suggest it is because,
>by next March, there will be an Iranian bourse trading in Euros and possibly
>other currencies.
>
>Nothing whatever to do with Iran possibly acquiring nuclear weapons ... even
>the Israelis cannot believably manufacture propaganda that Iran will go
>nuclear any time soon; but note how March 06 often gets mentioned as some
>kind of point of no return.
>
>Well yes, methinks, the point at which the dollar goes into free-fall and
>all hell breaks loose.
>
>If this is all more or less correct, then an attack on Iran is probably
>inevitable, albeit that that will crunch everything anyway ... but
>Washington, especially, has proven to be effectively crazy, e.g. foreign
>policy, and now there is nothing to lose.
>
>I actually hope I'm wrong, but we'll have to wait and see.
>
.
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