Iran and venezuela have tried to get world oil exchanges performed in Euros not dollars. If accomplished, this would dump ten trillion dollars into circulation and further collapse the dollars value.
Since Bush's policies of borrow and spend have already dangerously weakened the dollar (for the 1st time ever the Canadian dollar is worth more that the US dollar) this could be disasterous to the economy.
But we can't be asked to pay the consequences of our own actions, can we? Let's just start another war and keep everyone in line.
The real problem is ALL countries are beginning to dislike the weak dollar. They are slowing in supporting our debt and others are looking at the oil transfer as the Euro is more stable.
Bush could have set us up for big trouble. Let's hope not.
2007-12-05 23:07:23
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answer #1
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answered by Anonymous
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No, it's more likely that Bush is following the advice of Israel and the neocons to take an aggressive posture against Iran even if they are in compliance with treaties and inspections. He thinks all he has to do is say they are not, and then bomb the country in the next few months. Israel and the neo-cons want to send a message to the other states in the region that this is what will happen to them if they try to upset the balance of power by acquiring nukes.
2007-12-05 23:18:40
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answer #2
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answered by Anonymous
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It's been always about economical power.... Iran can have all the weapons they want as other countries do. But pretending with their allies to block the dollar no way! that means war... and more innocent people die.
2007-12-05 23:36:22
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answer #3
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answered by Anonymous
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Sadam Hussein stopped using the US dollar for his oil...
4 weeks later, his country got invaded and some weeks later, Iraq´s oil was again sold in US$
2007-12-05 23:02:50
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answer #4
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answered by NLBNLB 6
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It's about the nuclear bombs. Doesn't it give you any hints since this is such a big issue with the Europeans? Do you honestly think we control all of Europe? And the to person up above that said we attacked 4 weeks later is cracked. We went in 4 years later. That currency issues happened on Clinton's watch. Get your time lines correct.
2007-12-05 23:07:42
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answer #5
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answered by Anonymous
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They have the technology of the bombs from Pakistan they have the bombs from the Soviet union the reality is the Americans preparing the stage to face Chines
2007-12-05 23:04:26
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answer #6
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answered by awgaa 3
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Probably . . . it's a legitimate concern. The entire world holds reserve currency in U.S. dollars. It would be an economic blow to everyone.
2007-12-05 23:01:09
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answer #7
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answered by CHARITY G 7
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