|
|  |
Not Oil, But Dollars vs. Euros
Spring - 14.04.2003 06:16
Why is George Bush so hell bent on war with Iraq? Why does his administration reject every positive Iraqi move? It all makes sense when you consider the economic implications for the USA of not going to war with Iraq. The war in Iraq is actually the US and Europe going head to head on economic leadership of the world
Whole article can be readed at the link because of copyright.
Essential passage:
"Iraq is a European Union beachhead in that confrontation. America had a monopoly on the oil trade, with the US dollar being the fiat currency, but Iraq broke ranks in 1999, started to trade oil in the EU's euros, and profited. If America invades Iraq and takes over, it will hurl the EU and its euro back into the sea and make America's position as the dominant economic power in the world all but impregnable."
So the choice of Euro will be changed by forcing the US dollar.
Would the European countries who now have the Euro as coin and who support this war know this? And the ones who would like to join the war? What is Great Britain's gain in this effort? They don't have the Euro as coin. Would right-wings in The Netherlands who support this war know this?
Too many questions, too less answers.
 Website: http://www.globalpolicy.org/nations/sovereign/dollar/2003/03oil.htm
|
| Read more about: militarisme | | supplements | | | Read this, too | labrat - 14.04.2003 13:24
This was examined earlier on Indymedia.org by W. Clark. His article, titled The Real Reasons for the Upcoming War With Iraq: A Macroeconomic and Geostrategic Analysis of the Unspoken Truth can be found via the following link:
 http://www.ratical.org/ratville/CAH/RRiraqWar.html
| |
| supplements | |
