Hi Hakan,
Can you explain how the dollar debt is effected negatively by higher oil prices? If the value of the dollar is pegged to the price of oil doesn´t a doubling in the price of oil halve the effective dollar debt? I imagine that the treasury is working overtime to print up all those hundred dollar bills so the rest of the world can buy oil.
I also imagine that you can cordone off Iran´s southern oil fields with a long term radioactive kill zone. I wonder what Iran´s air strength is?
Tom
From: Hakan Falk [mailto:[EMAIL PROTECTED]
To: Biofuel@sustainablelists.org
Sent: Sun, 12 Mar 2006 20:22:40 -0300
Subject: Re: [Biofuel] Logic out the window at the White House
Hi Tom,
The dollar debt is effected negatively by higher
oil prices. However, the only real support that
the dollar have today, is that it is the oil
trading currency. If oil would be traded in Euro,
the dollar would lose its base and US economy
would be in severe trouble. That is why an oil
bourse with oil traded in Euro, is worse than any physical attacks and war.
An attack on Iran is many times more dangerous
than the Iraq venture. Iran is far more capable
and motivated, than Iraq ever was. Iraq would be
the first situation to explode, when the Shiites
would directly attack. The US presence in Iraq
and a popular armed resistance, will not be
possible to "shock and awe" with terror bombings,
as was possible in the previous Iraq war. Iraq
will again be the battle field and US will face
both an uprising and troops from Iran. US will
again resort to terror bombing, both within Iraq
and in Iran. It will under no circumstances be a short war.
If US thought that they had some major incident
in other Arab countries. It will be nothing,
compared with the guerilla attacks that will
follow in all Arab countries. If you then
consider the lack of oil deliveries, that all
developed countries will suffer, it will be
difficult for US to wage a war. A very large part
of the military would be locked up in securing
deliveries of the scarce oil resources that they
could get their hands on, only to maintain the
war effort. The whole world will be hit by an
economic depression and US will never be able to recover its current standing.
I really hope that Bush is capable to some
logical reasoning and common sense, but I am not
overly optimistic. This time he cannot even hope
for a token support from the international
community, which probably will turn against him instead.
Hakan
At 23:20 12/03/2006, you wrote:
>Hi Keith and All,
>
>There is little doubt that the U.S. will hit
>Iran. That oil bourse is supposed to open in a
>week or two. The only open question is will the
>U.S. hit before or after it opens. I also think
>that the U.S. will use nukes albiet low yield
>ones. Their detonation underground will cause
>but a small nuclear signature and given the
>target is allegedly a nuclear facility I imagine
>and radioactive spillover will be blamed on the
>facility. I foresee cruise missiles raining on
>Iraq´s air force, followed by U.S. air attacks
>and no fly zones. We´ll steal the oil rich zone
>adjacent to Iraq for ¨security ¨reasons and give
>it to the Brits. The folks in Washington don´t
>care how high oil prices go. Remember that
>they´re all oil folks. Higher prices equate to
>greater profit for the companies. Also higher
>oil prices make dollar debt disappear.
>
>Tom
>
>
>
>
>
>----------
>From: Keith Addison [mailto:[EMAIL PROTECTED]]
>To: biofuel@sustainablelists.org
>Sent: Sun, 12 Mar 2006 07:42:58 -0300
>Subject: [Biofuel] Logic out the window at the White House
>
>"U.S. ambassador to the United Nations John Bolton was calmly
>proposing an illegal attack on a sovereign state, possibly involving
>nuclear weapons."
>
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