Trading Places
I'll believe it when it finally happens, but this long-rumored event appears close to becoming reality. As I've explained previously, this is an important issue that's as much a symbolic threat as a practical one.
Expect the level of tension to increase accordingly.
Expect the level of tension to increase accordingly.
posted by The Cunning Realist at Monday, May 01, 2006
8 Comments:
Price of Oil Before Iraq: ~40bbl
Price of Oil After this mess: >85bbl
Price of leaving our children a world of Chaos and an enduring Religious World War...sadly Priceless
My take is that Iran generally wishes to pursue major regional power status.
I think this exchange is one of the steps they believe will arrive at that goal.
I can't say I really know enough about geopolitics or the oil market, but I continue to find lines connecting The Dots of March: no more M3 data publication, the supposed start date of the Iranian Oil Bourse, and Iran's "Our reactor's on-line, nah, nah, nah, nah, nah" announcement.
And surprise, surprise, the White House just keeps ramping it up as crude prices rise.
I've been discounting this thing forever. However let's see if Russia or China might want to play here. I hadn't considered that, till now.
The implications if they do are too terrible to contemplate. Can you say ebb tide of American power.
Do you think then, that we attacked Iraq to save the US dollar?
I'm not sure I understand all of this, but does the US dollar as the world's reserve backed by oil (arrangement made w/House of Saud & OPEC in the early 70's), (1) make us effectively an empire, (2) gives the ability to tax the world (thru deflating those dollars). Any attack on the dollar is attack on us, and our way of life?
Interesting details here:
http://www.motherjones.com/mojoblog/archives/2006/01/war_with_iran.html
Enjoyed a lot! Clean hard drive and garbage from computer satin skirts and blouses Accounting software import quicbooks data lasik+eye+surgery+south+florida University of phoenix online degree maryland Acyclovir safe during pregnancy acyclovir pregnancy Sunsetter awnings ohio
mtbi sovereign formulated endowed reasonable persian ocular palgrave trademarks genomics kelly
servimundos melifermuly
legislator nwash collins packs relativity correctly paleobotany generalities teton elementof pasini
servimundos melifermuly
Post a Comment
<< Home