Bye bye US dollar.
"In the most profound financial change in recent Middle East history, Gulf Arabs are planning - along with China, Russia, Japan and France - to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
.........
Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq."
.........
Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq."
The Demise of the Dollar, Robert Fisk, January 26, 2012
--
Here is an honest report on what The U.S.A did to Iraq.
The author is a well known Norwegian specialist of Iraq.
“Ending States that Sponsor Terrorism”: Dismantling the Iraqi State, Destroying an Entire Country
Destroying Iraqi culture, erasing collective memory
Destroying Iraqi culture, erasing collective memory
No comments:
Post a Comment