So exactly who are these military personnel that
Hmm this problem in
I read an interesting document today and it really made interesting reading; I had a shock when I read it knowing it could well be the truth and I am not a financier either just an elderly bloke retired for years now.
In the so called Petro dollar wars I reckon stage one was
Both countries I fear made a blue there it put the American dollar at risk it being a fiat currency; the heart of the American economy in fact; big business was not happy about this turn of events.
A fiat currency in
Holders of this fiat money are really not assured of their return whereas in Euros they would be.
Of course the American government can churn out millions of these notes maybe that’s why they are called bills in the
So when Iraq President Saddam Hussein said in 2000 that Iraq would begin
selling Iraqi oil using the Euro instead of the American dollar he instantly became a marked man amongst a few other reasons as well, but all connected with the black stuff that gushes out of the ground after being drilled for It is vital to the solvency of U.S. fiat currency
that there are many foreign holders of the American dollar in order to keep it afloat or solvent.
This is particularly important in the oil markets where
trade must be conducted using the USD that the
To cut to the chase anyone who attempts to block strategic places such as the straits of Hormuz to the
There are articles in the bulletin regarding all this by the way.
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