The $ - going where?

[mahnmut]

Something 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)

Comments

[abomvubuso.livejournal.com]

This policratius or smth seems to be one of "those" guys lol :))

[mahnmut.livejournal.com]

Policraticus. After the book by John of Salisbury.

And we cleared out the misunderstandings.

[abomvubuso.livejournal.com]

Did you?

[mahnmut.livejournal.com]

Not quite but I don't care.