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Wednesday, May 10, 2006

The Real Reason for the Impending Attack on Iran

In this article, Mike Whitney writes that the real reason for the impending US attack on Iran has to do with the "oil bourse". It has nothing to do with Iran's nukes. (Is this one of the reasons for the recent plummeting of the US dollar?)


If one day the world's largest oil producers demanded euros for their barrels, "it would be the financial equivalent of a nuclear strike.” Bill O'Grady, A.G. Edwards commodities analyst.

“Everybody knows the real reason for American belligerence is not the Iranian nuclear program, but the decision to launch an oil bourse where oil will be traded in euros instead of US dollars….The oil market will break the dominance of the dollar and lead to a decline of global American hegemony.” Igor Panarin, Russian political scientist.

....
Read full article here.

I had read somewhere that this was also one of the real reasons for invading Iraq.

1 comment(s):

This is very interesting site...
»

By Anonymous Anonymous, at 3:51 PM  

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