IRAN: Trump's war?
POSTED BY: SIGNYM
UPDATED: Sunday, September 6, 2026 16:14
VIEWED: 23215
PAGE 16 of 42
Quote:
Originally posted by 1kiki:
Trying to wrap my mind around the whole 'petrodollars' thing, because there seem to be several separate points of instability.Quote:
https://www.investopedia.com/articles/forex/072915/how-petrodollars-af
fect-us-dollar.asp
After the collapse of the Bretton Woods gold standard in the early 1970s, the United States struck a deal with Saudi Arabia to standardize oil prices in dollar terms. Through this deal, the petrodollar system was born, along with a paradigm shift away from pegged exchanged rates and gold-backed currencies to non-backed, floating rate regimes.
Through this framework of economic cooperation and, more importantly, petrodollar recycling, the U.S. managed to influence Saudi Arabia to persuade the other members of Organization of the Petroleum Exporting Countries (OPEC) to standardize the sale of oil in dollars. In return for invoicing oil in dollar denominations, Saudi Arabia and other Arab states secured U.S. influence in the Israeli-Palestinian conflict along with U.S. military assistance during an increasingly worrisome political climate that saw the Soviet invasion of Afghanistan, the fall of the Iranian Shah and the Iran-Iraq War. Out of this mutually beneficial agreement, the petrodollar system was born.
The petrodollar system elevated the U.S. dollar to the world's reserve currency and, through this status, the United States enjoys persistent trade deficits and is a global economic hegemony. The petrodollar system also provides the United States’ financial markets with a source of liquidity and foreign capital inflows through petrodollar "recycling." However, an explanation of the effects of petrodollars on the U.S. dollar requires a brief synopsis of the history of the petrodollar.
Well, as I puzzle through this - the US needs the petrodollar to keep its dollar value afloat. As long as other countries need US dollars to buy global oil, they will willingly buy US bonds and accept US dollars in exchange for goods. That keeps the dollar at high value
I think the agreement between the US and SA (with SA bringing OPEC along) all held together as long as SA was a top, cheap producer. SA could use its ability to capture market share, to bludgeon the others into accepting and keeping the petrodollar. The threat of being punished by the SA oil juggernaut kept other OPEC countries from defecting.
"It's a great life if you don't weaken." But the end was foretold in the initial conditions. SA has weakened. Its fields are played out and expensive to extract. Others with newer, more pristine fields can be poised to write their own rules.
So the US has to enforce the petrodollar with its military, by destroying other oil producers' capacity.
That makes sense.
Now, how to write the City of London into this.
if you want to truly better understand the petro dollar's value and manipulation, you can start the dig by looking into the window know as the Gore family.. Al Gore Sr. when you see how they played games with our nation through young VP AlGore..you can see how some folks have managed to rape the world, lie to Americans..etc... I first took notice back when he was in the VP chair and had made a podium microphone promise that he was going to go over to the Cartel and pressure them to lower prices..yep..what he didn't mention was that it had been just a short while earlier that, under his momma's direction, there had been quiet price increases..which in part were related to the need for Russia to be able to start repaying some of it's debt to us...and at prices below, I think back then it was $60/bbl, the Russians could not make the profits needed to repay loans that we were on the hook for..and of course our loans mean that we are in debt to other nations like China where our interest rates are cranking hourly....the entire relationship and wealth portfolio, easily spotted by looking at Gore family investments in Occidental, can give you a window glimpse into
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Quote:
Originally posted by AURaptor:
I don't buy for a second that there'll be any exchange of ordinance w/ Iran.
It's a Kabuki show , on a global sized stage.
Maybe still a show .... events happening inside Iraq borders? Getiing closer to the real thing now
a bunch of Popular Mobilization Forces members killed, the big shot guy killed today Years of service with Iranians ongoing from years 1979–2020
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Quote:
Originally posted by AURaptor:
I don't buy for a second that there'll be any exchange of ordinance w/ Iran.
It's a Kabuki show , on a global sized stage.
While we're fretting over this big nothing, look for other events to take place. And get totally unnoticed.
Thanks for supporting my thread on distracting us from his quid pro quo emails.
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The situation in Iraq is very complex. There is a Shiite faction that is very pro-Iran, and a Shiite faction that is anti-Iran, but the one thing they have in common is they both want the USA out. This strike in Iraq is only going to accelerate that push to drive the USA out.
Trump has been diligently building up troop strength in the area. This has been planned for a long time and reflects his long-term grotch against Iran. I was hoping that Trump would make it through his first term without starting any new conflicts but ... no, he just can't keep his fingers out of the Middle East.
Proxy war with Iran in Iraq?
Jeezus.
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Pity would be no more,
If we did not MAKE men poor - William Blake
Happy New Year, WISHY. I edited out your psychopathic screed!
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Trump - I mean Israel - has been jonesing for a conflict with Iran for a long time. Netan-yahoo is mired in electoral politics and corruption charges. Time to do Israel's bidding!
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Quote:
Round Two: US Drone Airstrikes Kill Six Pro-Iran Militia Commanders
Profile picture for user Tyler Durden
by Tyler Durden
Fri, 01/03/2020 - 18:49
Whether he is eating ice cream or not, Trump appears to be on a rampage to recreate the end of The Godfather.
Less than 24 hours after a US drone shockingly killed the top Iranian military leader, Qasem Soleimani, resulting in equity markets groaning around the globe in fear over Iranian reprisals (and potentially, World War III), the US has gone for round two with Reuters and various other social media sources reporting that US air strikes targeting Iraq’s Popular Mobilization Units umbrella grouping of Iran-backed Shi’ite militias near camp Taji north of Baghdad, have killed six people and critically wounded three, an Iraqi army source said late on Friday.
Iraqi official media has also confirm that two vehicles were targeted north of Baghdad, carrying commanders of the pro-Iran militias in the PMUs.
https://www.zerohedge.com/geopolitical/round-two-us-drone-airstrikes-k
ill-six-pro-iran-militia-commanders
Not only will Iran respond, so will Iraq. The only question is: how?
Is anyone aware (besides me) that Iran, China, and Russia just complete a joint naval exercise in the Gulf of Oman?
Now, I'm sure that Russia will respond in a measured fashion. They have, after all, allowed Israeli strikes on Iranian targets in Syria. They tend to parse their responses very carefully, making fine distinctions between their interests in Syria, the Assad government's interests in Syria, and Iran's interests in Syria, and have not been too keen on protecting Iranian forces outside of Iran. So while the have a commitment to protecting Iran from attack, they may not have a great interest in protecting Iran in other nations.
But still ... open assasination of foreign leaders in other nations?? Gee, we get to disrespect/piss off TWO nations at the same time when we do that! This does not benefit Trump one whit, not geopolitically and not electorally.
*****
I think KIKI is right. I think this is all about "Bibi" Netan-yahoo trying to get elected in March (Israel's third attempt to form a government in one year, and B
"Bibi's" best hope for staying out of jail.) Netan-yahoo is more than willing to fight to the last American, and Trump is just stupid enuf to let him do it.
Fuckin' a.
*****
And now we get to watch dems squirm over whether they support these assasinations because they're warhawks, or whether they're against it because ... yanno... Trump. And we get to watch Repubs squirm over whether they're for this because ... yanno ... Trump ... or whether they're against it because they're non-interventionist.
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Pity would be no more,
If we did not MAKE men poor - William Blake
Happy New Year, WISHY. I edited out your psychopathic screed!
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Today wasn't any different for me than yesterday was.
Tomorrow won't be either.
Going to file this under don't give a shit.
Do Right, Be Right. :)
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Quote:
Originally posted by 6IXSTRINGJACK:
Going to file this under don't give a shit.
Can't give a shit about things you know nothing about...Is THAT why you don't give a shit about anything?
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Quote:I think dims will be against it because ... Trump, and republicans will be for it because ... Trump. As far as they're both concerned, they probably couldn't even locate the country on a map.
Originally posted by SIGNYM:
And now we get to watch dems squirm over whether they support these assassinations because they're warhawks, or whether they're against it because ... yanno... Trump. And we get to watch Repubs squirm over whether they're for this because ... yanno ... Trump ... or whether they're against it because they're non-interventionist.
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Pity would be no more,
If we did not MAKE men poor - William Blake
Happy New Year, WISHY. I edited out your psychopathic screed!
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Quote:Well, you don't ive a shit about war. Or the Mideast. Or South/Central America. Or ... well, anyplace outside of your own small life, your own small experience, and your own small imagination. You don't give a shit about anything other than your own hurt feelings. Does that mean you don't KNOW about anything other than that?
SIX: Going to file this under don't give a shit.
WISHY: Can't give a shit about things you know nothing about..
Given your displays of massive igorance here, the Magic Eight Ball says As I see it yes.
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Pity would be no more,
If we did not MAKE men poor - William Blake
Happy New Year, WISHY. I edited out your psychopathic screed!
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