Wednesday, Aug 29, 2007

Well maybe time to paralyze the Oil

BBC: Bush warns Iran over insurgents

As everyone knows, Oil is bought in Dollars. So if Iran supply is catastropihically disabled. Then prices will shoot, as for inflation.. Who cares.. It's all about self preservation as Iraq is turning out to be the US's Afghanistan. Relationship to the housing market, well with everything going up, meat, wheat, etc. Nikkei down, cofidence lost in the markets, misinformation. You would think Goebbels was still alive. This follow something I read regarding a catastropy, no catastrophy, like everything with this regime in the US, planned and premiditated.

Posted by stevie dee @ 01:50 AM (240 views) Add Comment

2 Comments

1. shipbuilder said...

If you assume that the twin supporting factors of US economic superiority are dollar hegemony and easy access to resources (such as oil) and you also assume that the US will go to any lengths to protect that economic superiority, then US foreign policy over the last 20 years or so (since the neo-cons have exterted influence) makes perfect sense. It also lets us make reasonable guesses as to what may happen next.

Wednesday, August 29, 2007 01:12PM Report Comment
 

2. lvmreader said...

"Petrodollar Warfare" by William R. Clark offers some insightful and thought provoking analysis on this subject.

@ShipBuilder: I would surmise that Iraq is America's 21st Century Vietnam, and Afghanistan is America's Afghanistan.

The Russians (Soviets) were NEXT DOOR and couldn't win. The arrogance of those Yanks.

Thursday, August 30, 2007 01:04AM Report Comment
 

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