March 27, 2003

Dollars Vs. Euros the Winner Gets the Oil

The Real Reasons for the Upcoming War in Iraq: A Macroeconomic and Geostrategic Analysis of the Unspoken Truth, by W. Clark
is a fascinating document. No idea how much of it is true, but it sounds like its potentially on point. And if it is its scary.

Key underlying idea is that oil is currently bought and sold using dollars exclusively. Iraq recently switched to a Euro standard and OPEC is thinking about it as well. If that switch happens it will result in a huge drop and destabilization of the dollar, fscking up the US economy majorly. Need to investigate more, anyone know how true this might be?

+++ Update +++
Paul Krugman has rebuted this rumor pretty strongly. I'm inclined to believe him.

Posted by William Blaze at March 27, 2003 03:44 AM | TrackBack
Comments

Enlarge Penis Size Increase Penis Size Naturally Erection Pill For Man Male Enhancement Review

Posted by: Penis Enlargement Pills on February 3, 2005 10:58 PM

Enlarge Penis Size Increase Penis Size Naturally Erection Pill For Man Male Enhancement Review

Posted by: male enhancement pill on February 6, 2005 12:03 AM
Post a comment








note: comments take some time to process. Click once and be patient, the comments will get through. Html is not supported. Textile formatting is supported. A word with an "*" on either end (like *this*) will render as bold. A word encased in "_" (like _so_) will render as italic. I've turned off the field to list your website to prevent comment spam, but please leave your site url in the text if you wish.





blaze fist