Wanna know the real reason for chickenhawk warlust and designs on regime change in Iran? Turn off Fox News and read the business news.
Its about $$$, and geopolitical power.
George W. Chimp can't sell the nuclear threat anymore. When that excuse started falling apart, he tried to make the case that Iran was engaged in massive proxy warfare against us in Iraq. Still no sale, George. Time to flail around for another reason.
Regime change in iran is about thwarting the interests of the chinese and other powers in the region. And maintaining US dominance in the oil markets and world economy, and its geopolitical positioning in the persian gulf.
The short, readers's digest version is this: once "petrodollars" stops becoming the currency of choice for the middle eastern oil giants, the U.S. is automatically on track to eventually becoming a second rate power, in the ultimate face of chinese ascendency. Petrodollars is the keystone that props up our debt, our global economic hegemony, and our economy.
Game over, when petrodollars goes the way of the dinosuar.
Its about $$$, and geopolitical power.
George W. Chimp can't sell the nuclear threat anymore. When that excuse started falling apart, he tried to make the case that Iran was engaged in massive proxy warfare against us in Iraq. Still no sale, George. Time to flail around for another reason.
Regime change in iran is about thwarting the interests of the chinese and other powers in the region. And maintaining US dominance in the oil markets and world economy, and its geopolitical positioning in the persian gulf.
The short, readers's digest version is this: once "petrodollars" stops becoming the currency of choice for the middle eastern oil giants, the U.S. is automatically on track to eventually becoming a second rate power, in the ultimate face of chinese ascendency. Petrodollars is the keystone that props up our debt, our global economic hegemony, and our economy.
Game over, when petrodollars goes the way of the dinosuar.
Iran drops dollar from oil deals
TEHRAN (AFP) — Major crude producer Iran has completely stopped carrying out its oil transactions in dollars, Oil Minister Gholam Hossein Nozari said on Saturday, labelling the greenback an "unreliable" currency.
"At the moment, selling oil in dollars has been completely halted, in line with the policy of selling crude in non-dollar currencies," Nozari was quoted as saying by the ISNA news agency.
"The dollar is an unreliable currency, considering its devaluation and the oil exporters' losses," he added.
The world's fourth largest oil exporter, Iran has massively reduced its dependence on the dollar over the past year in the face of US pressures on its financial system and the fall in the dollar.
Nozari did not specify in which currencies Iran was now being paid. In the past, officials have said most oil income was in euros, with a significant percentage in yen.
http://afp.google.com/article/ALeqM5jGC7KSKjsKYUTGAF1oR04-yOpBgg