The $ - going where?
Nov. 4th, 2007 12:43 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
mahnmutSomething most of you already know, but something on which just some of you might like to comment.
Gives some good (although simplistic) explanations to questions like: why was Iraq invaded and so on.
(Oh yeah, it's on Al Jazeera, so: not reliable source).
Attention to the quote: "...the dollar-oil relationship has to be maintained to keep the dollar as a preeminent currency. Any attack on this relationship will be forcefully challenged - as it already has been."
Also, an interesting comment: "They rely entirely on foreign creditors to finance their economy. And yet, America's foreign policy at this point seems to be - bomb the creditors!"
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(Sorry for the bad quality)
Gives some good (although simplistic) explanations to questions like: why was Iraq invaded and so on.
(Oh yeah, it's on Al Jazeera, so: not reliable source).
Attention to the quote: "...the dollar-oil relationship has to be maintained to keep the dollar as a preeminent currency. Any attack on this relationship will be forcefully challenged - as it already has been."
Also, an interesting comment: "They rely entirely on foreign creditors to finance their economy. And yet, America's foreign policy at this point seems to be - bomb the creditors!"
[Error: unknown template 'video']
(Sorry for the bad quality)
