This is why Bush wants war with Iran

[sapho]

Iran does not pose a threat to the United State because of its nuclear projects, its WMD or its support to "terrorists organizations" as the American administration is claiming, but rather in its attempt to re-shape the global economic system by converting it from a petrodollar to a petroeuro system. Such conversion is looked upon as a flagrant declaration of economic war against the US that would flatten the revenues of the American corporations and eventually might cause an economic collapse.

:ph34r:

[piet11111]

the petro dollar theory is based on the fact that many country's have to buy their oil from opec and that requires dollars.

because of this many country's have huge reserves of dollars to pay for their oil consumption.
but if country's suddenly change to the much stronger euro currency the dollars would be ditched by almost all nations causing the dollar value to crash triggering a hyper inflation.
then combined with the immense debt of the united states this would cause the entire economy to crash and effectively finish america as a powerfull nation.
how this will effect the global economy is not yet known but its likely it might be close to the great depression.

[Dreckt]

how this will effect the global economy is not yet known but its likely it might be close to the great depression.

But it could also lead to a global revolution, which is what we want.

[piet11111]

Originally posted by [email protected] 11 2006, 10:35 PM

how this will effect the global economy is not yet known but its likely it might be close to the great depression.

But it could also lead to a global revolution, which is what we want.
exactly and that is the major reason the usa must fail otherwise the american economy will remain going.

with a petro euro the american economy will be dead in the water and almost forever unable to pay of the debt (unless our foolish european governments decide to put the interest at 0% but thats not something we could expect from capitalists)

[dislatino]

i must ask since i would like to know more about this situation, who or whom are the countries talking and striving to establish a petro-euro system? and how long has this been in the process?

[piet11111]

Originally posted by [email protected] 12 2006, 05:11 PM
i must ask since i would like to know more about this situation, who or whom are the countries talking and striving to establish a petro-euro system? and how long has this been in the process?
http://www.tacomapjh.org/petrodollartheories.htm

iraq has switched to a petro-euro and iran is setting up a *gasp* entire oil bourse(spelling?) based on the euro as only currency.
to my understanding an oil bourse is like a stock exchange.

the other opec members are currently sticking with the dollar but its becoming increasingly hard as the euro is growing stronger and the dollar turning into a house of cards.
the process itself i cant tell how long its been taking place but definitly before the invasion of iraq.

[dislatino]

Thanks for supplying the link comrade. But Is it likely many countries will change over the next few years? this i imagine must be a very worrying subject for the americans controlling the econmoy and trying to stay on top will be let's be frank impossible if the dollar gets crushed.

[piet11111]

yes the middle east as you know has financial reasons (the dollar is dropping in value while the euro gets stronger) and they dont like america much so thats another reason.

currently the OPEC is having a lot of closed doors talk about what to do.
saudi arabia is heavily dependant on america (otherwise the monarchy would have been overthrown) but the rest is not nearly as much.
eventually the euro will take over especially if iran is not dealt with.

[Floyce White]

Not correct.

The Iranian National Oil Company is owned by the state. The families who own and control the big four Anglo-American oil companies want to own it. They already took over the nationalized oil company of Iraq. They are after Saudi Aramco and PDVSA too.

Owners own. That's what they do.

[piet11111]

Originally posted by Floyce [email protected] 13 2006, 11:17 PM
Not correct.

The Iranian National Oil Company is owned by the state. The families who own and control the big four Anglo-American oil companies want to own it. They already took over the nationalized oil company of Iraq. They are after Saudi Aramco and PDVSA too.

Owners own. That's what they do.
erm who are you correcting ?

what i was saying is that iran is going to charge in euro's instead of the dollar.

[redsoldier32]

i think the reall reason is to install a pro-american government to give america more oil, like they did with afghanistan, after invading the government installed there built a pipeline frome kazakstan to get the US more oil, its all thanks to arroagance and capitalism (the only real evil)

[bunk]

Hmm, the Oil bourse was scheduled for March but was delayed. There's no word on when it will happen. In fact, half the time the Iranian gov. denies there was ever such an idea :unsure:

[piet11111]

http://www.energybulletin.net/12125.html
perhaps an interesting link for some.

i have been looking for a date when the bourse must be activated but i cant find anything about it.
i will keep looking for information but i doubt i will be finding anything.

[вор в законе]

Check this map (http://i7.photobucket.com/albums/y255/RedBrigade/Capitalism%20Geopolitical/artoff9650.jpg)

[Cheung Mo]

That's one of the reasons: The other is that he and his handlers want the U.S. economy to collapse to the point that what little remains of the New Deal/Great Society welfare state will become unmaintainable and the U.S. will become even more of a banana republic of the neo-liberal corporate elite than it already is.

[Jormungand]

The Bretton Woods system is falling to shit.