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Originally posted by NuTroll
this is probably just coincidence but i was on a board where i read something about this same subject, and a day later i cant log on to it because it has billing problems?
Originally posted by drunk
Do u think Britian should go witrh the Euro?
Originally posted by THENEO
Well now doesn't it get complicated the further it goes on?
I mean where does Europe start and where does it end?
They call it the Euro don't they?
How in the hell can it become a world currency or am I missing something?
Originally posted by EastCoastKid
Originally posted by THENEO
Well now doesn't it get complicated the further it goes on?
I mean where does Europe start and where does it end?
They call it the Euro don't they?
How in the hell can it become a world currency or am I missing something?
The world's oil is traded in dollars. (petro dollars). The money the U.S. earns off the trading pays the interest on our national debt, basically. For some time now the euro has been rising in value vs. the dollar, which has been steadily dropping in value. OPEC has been eyeing a move to the euro for its trade currency. This would be disasterous for the U.S. economy.
Originally posted by EastCoastKid
I believe there were two reasons for the invasion of Iraq. The main U.S. reason was to put the boot squarely on the neck of OPEC nations in the region. If they saw us take over Iraq, and we are in control of Iraq's oil, then surely they would do the same to Iran, for example.
Unfortunately, things are not working out so well for us in Iraq. And the world is not playing along.
The U.S. has managed to piss off not only the entire Arab world in this process, but seems to be pushing even our staunchest allies away from us with our arrogance and brute force. Bad shyte's comin'. As powerful as the U.S. is, it cannot hope to take on the entire world. All it will take to collapse the U.S. economy is a shift in the oil currency. The fact that the U.S. media is completely silent on this issue should be a huge red flag. Economic warfare is just as deadly as war.
Originally posted by Cyrus
Originally posted by EastCoastKid
I believe there were two reasons for the invasion of Iraq. The main U.S. reason was to put the boot squarely on the neck of OPEC nations in the region. If they saw us take over Iraq, and we are in control of Iraq's oil, then surely they would do the same to Iran, for example.
Unfortunately, things are not working out so well for us in Iraq. And the world is not playing along.
The U.S. has managed to piss off not only the entire Arab world in this process, but seems to be pushing even our staunchest allies away from us with our arrogance and brute force. Bad shyte's comin'. As powerful as the U.S. is, it cannot hope to take on the entire world. All it will take to collapse the U.S. economy is a shift in the oil currency. The fact that the U.S. media is completely silent on this issue should be a huge red flag. Economic warfare is just as deadly as war.
or economic warfare is already the beginning....which scares the # outta me to think that, has the war already begun??
the media is silent on these matters, their work depends on profit...not truth.
ok, errrm...*thinks this out thoroghly*, yes it has begun, the war with iraq was the starting point, it's all downhill from now.
the U.S's eonomy is likely to crumble, europe has been all too silent on this matter, the U.S has officially dropped flat on it's face, no one bought the "bush saving the iraqi people" theorem...
wow, good thinking/good post!!
u have officially stated the too obvious *takes hat off*
wish i'd gone down that train of thought, only i was too focused on the event in it's concentrated values'
a.k.a:i'm still too narrowminded to foresee events in full scale
:bnghd:
Originally posted by Seekerof
Here ya go, lets throw a 'monkey' wrench into all this discussion.
"Oil cartel and Russia on
the verge of a cold war"
Link:
www.manilatimes.net...
Very good read and quite informative on OPEC and Russia......
Also of note is that under the table, US oil giants are shifting their attention to Nigeria's 50% unproducing oil.......and Nigeria is slowly drifting out of OPEC.
None the less, the US needs to continue to seek alternative fuels are commence drilling Anwar...or pursue a more agressive approach/trade with Mexico's oil.
regards
seekerof