I have read an article from one of the French chief economist stating how US been drawing world wealth to US ... here is the highlight of the article.
1- 1971 France asked for Gold exchange to the dollars they had.
2- US told France that they do not have it and that they will go bankrupt if every country do the same as France asked for.
3- US went to Saudi and to OPEC and demanded that Oil will only be sold in US dollar.
4- The same day ... France was buying US dollar, the same way as the rest the world.
5- US economy became stronger and stronger over the years as the world is buying their US dollar with real currency (Gold) and US continued to print Dollar paper as fast as they can ... Imaging the world giving US Gold every morning and US giving them paper dollar !! for 40 years ..... till now ....
6- The article then asks how much did the US pay for its Oil? nothing as they can buy it with any price as it is only paper (dollar paper !) ... so for the last 40 years US paid nothing for the Oil ... till now.
the game is on because you can only buy Oil with Dollars .... okek
1- Sadaam Hussain started selling Oil in Euro .. He was gone.
2- Shaveez of Fanzwella followed .. 3 attempts on his life
3- Ahmad Najadi followed ... You know what will happen next ...
the game is dangerous as you cannot attempt to bankrupt the only superpower ...
what will happen when superpower bankrup? third world war .. this was the conclusion of the article.
What do you think?
Wednesday 10 December 2008
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