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Re: Not to change the subject, however

By: faul in ALEA | Recommend this post (0)
Sun, 23 Sep 12 9:08 PM | 111 view(s)
Boardmark this board | The Trust Matrix 		Msg. 10274 of 54959
(This msg. is a reply to 10273 by Cactus Flower)
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Hi Alea.....

The Iranian regime is well aware of what happens
to countries that drop their Oil for dollars for alternative
currencies.....but they did it early this year anyway knowing
full well what happens after.........it is apparently written.

From The Telegraph....

“The dispute over Iran’s nuclear programme is nothing more than a convenient excuse for the US to use threats to protect the 'reserve currency’ status of the dollar,” the newspaper, which calls itself the voice of the Islamic Revolution, said.
“Recall that Saddam [Hussein] announced Iraq would no longer accept dollars for oil purchases in November 2000 and the US-Anglo invasion occurred in March 2003,” the Times continued. “Similarly, Iran opened its oil bourse in 2008, so it is a credit to Iranian negotiating ability that the 'crisis’ has not come to a head long before now.”
Iran has the third-largest oil reserves in the world and pricing oil in currencies other than dollars is a provocative move aimed at Washington. If Iran switches to the non-dollar terms for its oil payments, there could be a new oil price that would be denominated in euro, yen or even the yuan or rupee.
India is already in talks with Iran over how it can pay for its oil in rupees.


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The above is a reply to the following message:
Re: Not to change the subject, however
By: Cactus Flower in ALEA
Sun, 23 Sep 12 8:15 PM 		Msg. 10273 of 54959

Hi doma,

Well. you sure produce an alternative narrative.

I remember GWB explained his war against Iraq as (in sequence) - links with al Qaeda; atomic development; weapons of mass destruction.

And then the underlying reasons: oil; neoconservative grand ambitions; Bush family business.

Now you have introduced the notion that the invasion of Iraq occurred because they paid for oil in euros.

Phew. That's a lot of reasons.

Now with Libya, you have a second and third narrative. The first one was to do with women's literacy. The second one was paying for oil in gold dinars. The third one is their oil and their gold reserves.

Whoever said foreign policy isn't complicated was asleep.

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