The Proposed Iranian Oil Bourse

Zebo

Elite Member
Jul 29, 2001
39,398
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Interesting. Ive read similar pieces many places and all say the same thing - oil must be traded in dollars for us to enjoy our standard of living. e.g. massive trade imbalances on goods and services we consume.
 

5150Joker

Diamond Member
Feb 6, 2002
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www.techinferno.com
Originally posted by: Jmman
This has been debunked several times already as way overhyped....
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Interesting read, seems it all boils down to using military power to intimidate countries into using the dollar as the de-facto currency for trading. No wonder Rumsfeld was so concerned about China increasing it's military spending and not disclosing all the details to the West.
 

conjur

No Lifer
Jun 7, 2001
58,686
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I think Ritter's recent words pretty much summarize the reason for wanting to attack/invade Iran: regime change


Everything else is window dressing/distraction.