Betting on a war with Iran
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Hahah, good one.
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It will happen soon, anyone heard the new news.
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We can't afford any war with our bad economy and after loosing over 4,000 soldiers in Iraq and Afghanistan.
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Pretty prophetic
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Continued...
Its really scary to realize that not only are we dependent on the oil as an energy resource that drives our economy, but also the back door deal made years ago for the oil producing countries to shore up the U.S. dollar through a re-investment pact.
Oil is the Achilles heal of the Western World and the world's economy....and wall street will reap huge profits while our modern version of Rome Burns to the ground...
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Well...you are half-right! The reason we went to war was two fold. 1) Iraq launched scud missles at Israel during Gulf war I, Israel did not retaliate. Guess who they got to do that for them? Thats right, it was the U.S. via thier paid for politicians in D.C. and that includes Bush and Cheney.
When the U.S. resorts to war for the sake of our economy (profits) we are no better than the monarchy we revolted against in the American revolution.
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USA is new NAzi Germany of 1939 ....
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If they switch to the Euro we lose money. The Euro is about 17% stronger than the Dollar so that means we pay 17% more per barrell of oil. The US buys roughly 2/3 of the worlds oil.....you do the math. This is the real reason we went to war with Iraq, because Suddam switched and began selling his oil in Euro's, and guess what happen when we forced him out of power,and yep Iraq went back to selling its oil with the US DOLLAR.
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Dont quite understand your logic...if Iran converts to PetroEuros...so what! They are a soverign country...they can use any currency they see fit!!! Who are we to DICTATE to Iran what currency they use for trading oil?
OperationTailGunner in reply to cinemaarts (Show the comment) 3 years ago 9
Schiff, Keiser, Jim and co are totally right. The US has been run by a bunch of criminals for the past few years. Greenspan, Bernanke, Paulson and Cheney should all be hanged in front on the Lincoln Memorial the day after Obama gets sworn in. Peter Schiff and Max Keiser should be the ones to pull the cord. The SEC should get shoot to kill powers over delinquent financial execs. THen the market can find it's own level. Why not hang Bush? He's too stupid to understand.
kickittome70 3 years ago 7