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Originally posted by Where2Hide2006
If the Nations of the World have an alternitive to the US Dollar then they won't be forced to hold US Dollar Reserves...which means they won't be forced to purchase our Treasury Debt...which will lead to Serious Liquidity Problems for the American Govt, and it would also lead to Hyper Inflation here at home as they sell their dollars for other currencies, all our those dollars will be sent back to america.
Recently China made a Huge Deal To Aquire Oil from Venezuala, the reason for this is because they know Americas plan to invade, and they have approved it, afterall they hold the largest amount of American Dollars...and anything that would hurt the dollar would also hurt China by decreasing the value of the American Debt that they own.
Originally posted by Rockpuck
Edsinger.. the first huge problem with your debate is that Iranian, while the majority really do support America and western ideology.. would rather have a dictator tell them how to act then a foreign state come in and declare how to act.
Originally posted by Rockpuck
We will never have the support of the general public, Iraq was more likely to conform and they did NOT.. because we are a foreign nation.
Originally posted by Rockpuck
As far as Kurdistan, as much as I would LOVE to see a Kurdistan take form... it cannot happen, we can "screw" turkey all we want, they will not have it.. and their armed forces is far more stable then Iran's.
Originally posted by Rockpuck
As far as petrol dollar, your right on brother.. because Iran is turning to the Euro they undoubtedly secured their own grave..
Originally posted by Rockpuck
As for the pie chart, how can the citizens of the their own country own their own debt, like wise how can the government own its own debt? .. likewise how can a bank loan its self money and declare its self in debt? Makes no sense to me.. please explain..
Originally posted by Rockpuck
how can the citizens of the their own country own their own debt, like wise how can the government own its own debt? .. likewise how can a bank loan its self money and declare its self in debt? Makes no sense to me.. please explain..
but it is my opinion as to WHY we not only WILL but HAVE to in order for Bush to salvage the entire fiasco in the Middle East.. he will have to go to war with Iran
Iranian Revolutionary Guards (Not typically associated with the government, they operate on their own terms... like the PKK and the Kurdish Assembly if you will) are the number one killer of American troops..
Well, because most of the attacks come from Iran.. and because Iran is now the regional super power.... destroy Iran... and join the two countries.. Sounds .. I don't know.. out there?
Originally posted by Where2Hide2006Edsinger i am very dissapointed in you. I have seen you around this website for years and i have always had a great deal of respect for you, but at this point, i think you may be too wrapped up in false information for you to make sound judgements.
Originally posted by Where2Hide2006First of all, your chart is from ... "the skeptical optimist" I wonder if even searched for a more trusted source, or just used the one that best suited your argument?
Originally posted by Where2Hide2006Secondly, I didn't mention the National Debt that China Owns ... I said they have the largest amount of dollars (and by that i meant of foreign nations...but that was my mistake). China Has Over $800,000,000,000 Thats 800 Billion US Dollars in their Foreign Currency Reserve...your chart only shows 300 billion in debt that they are owed...so the total aggregate amount of US Dollars they have claim to is OVER A TRILLION!
Originally posted by Where2Hide2006
If I haven't explained this to your satisfaction, or if you have any other questions concerning economics, I would happy to assist you to the best of my ability.
Originally posted by Where2Hide2006
Where in the past the US Dollar was the ONLY Currency used to purchase oil, these countries had no choice but to buy American Debts... THOSE DAYS ARE OVER!
Originally posted by Don Wahn
With the 3rd carrier being deployed to the gulf, it seems like the US has something in mind, or maybe they are going to try and orchestrate an attack which will act as a provocation for war.
The coming months will definitely be interesting.
Originally posted by Where2Hide2006
The REAL Reason for the War with Iran is the same reason that we went to war with IRAQ!
To Save The American Dollar!!!
Originally posted by etotheitheta
I wouldn't stress the war with Iraq saved the US dollar, and would more on par say it preserved the US dollar. Vietnam was fun and games, but the strategy has to be oil, money and power. Money and power are fine if you've got them, but tanks jets and bombs need oil.
EDIT: and to mention why the US won't attack IRan: France and Russia may have something to say. Maybe just Russia. Maybe they will slip in the backdoor and become the #1 exporter.
[edit on 10-4-2007 by etotheitheta]