re: u.s. preparing military strike on petroeuro Here's a map of the current Nuclear Reactor layout world wide, I would think there are a few other worries other than Iran:
http://www.insc.anl.gov/pwrmaps/map/world_map.php
Here's the reason why petroeuro's are the real reason (and maybe the Natual Gas, but I would doubt oil at this early stage as Iraq is supposed to have tonnes of the stuff... apparently).
Heres a link:
http://www.georgetown.edu/faculty/oweissi/petrod/allocate.htm
Seems to me big US banks stand to loose a lot in lending, also, the US looses it's leverage with third world countries through the mechanisms of the World Bank and IMF if there is less petrodollars around.
Here's some other resources:
(have not read this and probably won't)
http://www.amazon.com/gp/product/080142884X/103-5332213-7435818?v=glance&n=283155
Next Story:
Published on 3 Aug 2005 by Media Monitors Network. Archived on 9 Aug 2005.
Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse
by William Clark
“This notion that the United States is getting ready to attack Iran is simply ridiculous...Having said that, all options are on the table.”
– President George W. Bush, February 2005
In essence, Iran is about to commit a far greater “offense” than Saddam Hussein's conversion to the euro for Iraq’s oil exports in the fall of 2000. Beginning in March 2006, the Tehran government has plans to begin competing with New York's NYMEX and London's IPE with respect to international oil trades – using a euro-based international oil-trading mechanism.[7]
The proposed Iranian oil bourse signifies that without some sort of US intervention, the euro is going to establish a firm foothold in the international oil trade. Given U.S. debt levels and the stated neoconservative project of U.S. global domination, Tehran’s objective constitutes an obvious encroachment on dollar supremacy in the crucial international oil market.
http://www.energybulletin.net/7707.html
Next Story:
Petrodollar or Petroeuro? A new source of global conflict
A move away from the dollar towards the euro could, on the other hand, have a disastrous effect on the US economy as the US would no longer be able to spend beyond its means. Worse still, the US would have to become a net currency importer as foreigners would probably seek to spend back in the US a large proportion of the estimated three trillion dollars which they currently own. In other words, the US would have to run a trade surplus, providing the rest of the world with more goods and services than it was receiving in return. A rapid and wholesale move to the euro might even lead to a dollar crash as everyone sought to get rid of some, or all, of their dollars at the same time. But that is an outcome that no-one, not even France or Germany, is seeking because of the huge effect it would have on the world economy. Europe would much prefer to see a gradual move to a euro-dollar world, or even a euro-dominated one.
http://www.feasta.org/documents/review2/nunan.htm
Next:
Published on 27 Oct 2004 by Global Research. Archived on 27 Oct 2004.
The Real Reasons Why Iran is the Next Target: The Emerging Euro-denominated International Oil Marker
by William Clark
http://www.energybulletin.net/2913.html
One more after this:
How the IMF Props Up the Bankrupt Dollar System
By F. William Engdahl, US/Germany
http://www.serendipity.li/hr/imf_and_dollar_system.htm
Here it is:
A New American Century?
Iraq and the hidden euro-dollar wars
http://www.currentconcerns.ch/archive/2003/04/20030409.php
All found searching here:
http://www.google.com.au/search?q=%22petrodollar+recycling%22&hl=en&hs=Bjz&lr=&safe=off&client=firefox-a&rls=org.mozilla:en-US:official&start=10&sa=N
Regards.
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