Friday, October 10, 2003

Oil, the Dollar, and US Prosperity - The Machiavellian perspective

politics > iraq > war > reasons
Brutal honesty is certainly less annoying than lame excuses. So this article, despite having not a few obvious flaws is very interesting:
...the one factor underpinning American prosperity is keeping the dollar the World Reserve Currency. This can only be done if the oil producing states keep oil priced in dollars, and all their currency reserves in dollar assets. If anything put the final nail in Saddam Hussein's coffin, it was his move to start selling oil for Euros.

The US is the sole super power and we control and dictate to the Middle East oil producers. America has the power to change rulers if they can't follow the "straight line" the US dictates. America's prosperity depends on this.

But what if Russia sooner or later makes this shift?

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