Not sure how the petrodollar was at any threat though given it is the global norm.
The only reason Iran didn't was because of US sanctions.
Also the trade deficit is inevitable because the the US dollar is the reserve currency. Triffin's dilemma.
War with Iran
- Thread starter Butler1000
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The only reason Iran didn't was because of US sanctions.
Also the trade deficit is inevitable because the the US dollar is the reserve currency. Triffin's dilemma.
Not questioning whether adversaries are profiting from the war,
but that pales in comparison to the long term benefits to the U.S. if it achieves its objectives.
trump is both whining that nobody will help him and bragging that he totally destroyed all of Iran at once.
Which is it?
Do you need help or is Iran finished?
Which is it?
Do you need help or is Iran finished?
Whether the deficit is entirely a result of U.S.$ reserve currency or that in combination with U.S. policy to force the U.S.$ as reserve because
of their declining industrial capacity doesn't really matter, the point being that current U.S. economic power relies on maintaining that status quo.
The Petro$ is not the global norm as it was and slipping fast.
Iran's motivation to go off the U.S.$ may have been the result of the sanctions, but the switch to yuan or other trading units was already underway
because of China's emerging power and consequentially, leverage on the global financial system. And growing fast.
This is not strictly about Iran, it's about Iran as a key step to enforcing $ dominance on a greater level.
Iran exposed the elephant in the room saying only countries trading in yuan would be let through.
I agree, maybe if the U.S. was fairer in practice from the onset, this wouldn't be happening at this moment.
The China project's impact on the financial system is undeniable and inevitable.
It's just the nature of power, if China ever reaches the same dominance as U.S. once had, just wait and see what happens.
They never stated their objectives.
nukes - they could have just resigned the JCPOA or accepted the terms Iran offered the day before the war started
regime change - Iran now has a younger, more hardline leader and the entire country hates america
oil - was never going to happen
Netanyahu's 40 year dream - That was achieved and now he's dead.
Now the war's end is in Iran's hands and they have no reason to stop until Israel and america can never do this again.
Lost in the mass of other details is what Hormuz does to helium shipping along with what energy costs in america will do to AI farms.
AI is a bubble that could pop with increased costs since it can't make money yet and that's the only growth in the states.
They don't have to state their objectives, would you believe them if they did?
Israel said the war on Gaza was to eliminate Hamas, did you believe that?
It's about doing the math and connecting the dots, and of course, this is only my opinion.
In the famous words of Gordon Gekko:
Wall Street 1987 (quote 2) — It’s all about bucks
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Personally, I think it was Netanyahu's 40 year dream of Greater Israel.
Too bad he couldn't live to see it.
Well if dollar dominance was their goal, then this war seems to have backfired on it, and exposed the need for de-dollarization even more.
I mean, who wants to be reliant on the dollar and get bullied?
Nobody, that's why U.S. is at war, so they can bully, its the only way.
What's the point of having that kind of military unless your willing to use it to get your way?
Obviously I'm not condoning it, I'm just trying to understand it beyond the rhetoric.
Isn't it the eventual downfall of all autocrats and despots?
They fire everyone who isn't a yes man and then there is nobody to tell its stupid to attack Greenland, Venezuela, Cuba or Iran.
HIs dementia only makes it worse.
If Kushner was telling him it would turn him into a war hero like Bush with Iraq, that's another thing. Before he was elected trump posted a few times about how stupid war with Iran would be. I would be surprised if it was his idea at this point.
Now on top of losing Hormuz and every base in the Gulf they get this.
I remember when Israel first invaded Gaza and for a long time afterwards, respected political theorists and analysts saying that Israel had gotten intself
into a mess, that they couldn't defeat Hamas, that the world was turning on them, they couldn't achieve their objectives.
Look where it is now, even worse, the West Bank following suit.
I only know what I would like to see, but nobody knows the whole truth of why, how it's really playing out, how its going to escalate and to what extent.
I don't get optimistic about any of this based on daily, weekly reporting, expert opinions, etc.
I don't buy that the U.S. got sucked in, they have no plan, etc., this is way too serious for any of that.
The level of propaganda, deceit, covert activity, social mind control manipulation is beyond our imaginations.
I hope for the best but prepare myself for the most gruesome possibilities.
There really is nothing to be optimistic about right now.
There will be way more needless and stupid death in Gaza, Palestine, Lebanon, Israel, Iran and the gulf.
Its way too high a price to pay for even the end of Israeli and american empires.
If true...well slap the King of Kings around and call him Susan.
Brookfield uber alles.
Brookfield uber alles.
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Well, their plan is clear.
Destroy, destabilize and turn Iran into a failed state.
I still think Israel and the US have different strategic goals.
However, the end result is to destroy and weaken Iran, which I think is clear enough at this point.
What else could be the point of an illegal war?
Joe Kent, Trump's Top Counterterrorism Appointment Resigns In Protest.
The killer sentence in the resignation letter:
“Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby.’’
This reaction from the parents of dead Americans will sink Trump
