First of all I must say for all the suckers that might post useless comments: I am not an american hater, this my objective opinion and it's about politics, not about american people. So don't bother to post 3 words comments or post shitty replies without a solid argumentation
The USD is the refference currency on the global market since '50s. The USD is printed in a single place: Federal Reserve USA, represented by a PRIVATE JEWISH BANKS CONSORTIUM!!!!.
So if France, Germany or any other country wants to buy $50 millions they have to "work" for them , if USA wants $50 millions they have to print them (ain't it easier? ). That's what USA has done in the past 50 years, printing USD without backing them in gold whenever they wanted.
That's why the commercial balance has a HUGE deficit nowadays, about 2.5 thousand billions USD and there are anticipations it will raise to 3.5 thousands of billions in the next 3 years - that means 50% of GDP.
As long as the USD is the worlds's global currency all is OK, they can always print USD and pay their debts.
IRAQ's problem: they're the first OPEC country which started to sell oil in EURO (since 6 november 2000, when 1 USD was 0.8 EURO so imagine the lost, it was an act of courage. Meanwhile the EURO passed the USD and it compensated this.
At least 2 countires from OPEC (Iran and Syria) want to sell oil on EURO and lastly that's all OPEC countries intention. Plus Venesuela which has 7% of global oil passed in a EURO-USD combination.
Russia's Central Bank ans China's have done exactly the same thing, so here's the explanation for the global USD surplus and EURO demand -> the USD depreciation
That's a BIG hit for the american economy,because Alan Greenspan (Federal Reserve's boss) estimated a $13 trillions loss (thousands of billions) only on the first phase: if EURO will become world's fav currency - the USD will fall dramatically, all countries will change USD to EURO so they can buy oil from OPEC, big investors will move to Europe and the "living on debt" tehnique will fall.
Nowadays the USD is artificially maintained by political arrangements beetween USA, China, South Corea, Taiwan and Japonia. These countries are producing almost everything USA os cunsumming. USA lend them USd so they can produce, then they sell the goods on the american market and they pay their debts back to USA.
Bankers and economists warned that if Asia doesn't support the USD through such unfundamentated economical tehniques it will fall dramatically. And Asia begins to pass on EURO too, because they need oil and OPEC will sell oil in EURO soon.
So Bush made an "Axis Of Evil" - all countries which sell USD on EURO or those who convert their national reserves on EURO. They'll attack these countires (Irak, Iran, Syria, Venesuela etc) and they'll have fake governments there which will sell oil for USd, as it was before.
This is the reason why Great Britain didn't agreed the EURO because if they did they were on the opposite side now. Britanics will be sly as always: is USA does a good job they'll stay with the liras, if EU the war they'll go for EURO ( they postponed this too much time, despite the moment losings (https://www.nytimes.com/financialtim...510816173.html).
So this war will decide if USA will still be the world's superpower.
This is also why USA sent so many troops: Irak is only the beginning, the first battle.
Regardless who's the winner the war will be way, way longer...
The USD is the refference currency on the global market since '50s. The USD is printed in a single place: Federal Reserve USA, represented by a PRIVATE JEWISH BANKS CONSORTIUM!!!!.
So if France, Germany or any other country wants to buy $50 millions they have to "work" for them , if USA wants $50 millions they have to print them (ain't it easier? ). That's what USA has done in the past 50 years, printing USD without backing them in gold whenever they wanted.
That's why the commercial balance has a HUGE deficit nowadays, about 2.5 thousand billions USD and there are anticipations it will raise to 3.5 thousands of billions in the next 3 years - that means 50% of GDP.
As long as the USD is the worlds's global currency all is OK, they can always print USD and pay their debts.
IRAQ's problem: they're the first OPEC country which started to sell oil in EURO (since 6 november 2000, when 1 USD was 0.8 EURO so imagine the lost, it was an act of courage. Meanwhile the EURO passed the USD and it compensated this.
At least 2 countires from OPEC (Iran and Syria) want to sell oil on EURO and lastly that's all OPEC countries intention. Plus Venesuela which has 7% of global oil passed in a EURO-USD combination.
Russia's Central Bank ans China's have done exactly the same thing, so here's the explanation for the global USD surplus and EURO demand -> the USD depreciation
That's a BIG hit for the american economy,because Alan Greenspan (Federal Reserve's boss) estimated a $13 trillions loss (thousands of billions) only on the first phase: if EURO will become world's fav currency - the USD will fall dramatically, all countries will change USD to EURO so they can buy oil from OPEC, big investors will move to Europe and the "living on debt" tehnique will fall.
Nowadays the USD is artificially maintained by political arrangements beetween USA, China, South Corea, Taiwan and Japonia. These countries are producing almost everything USA os cunsumming. USA lend them USd so they can produce, then they sell the goods on the american market and they pay their debts back to USA.
Bankers and economists warned that if Asia doesn't support the USD through such unfundamentated economical tehniques it will fall dramatically. And Asia begins to pass on EURO too, because they need oil and OPEC will sell oil in EURO soon.
So Bush made an "Axis Of Evil" - all countries which sell USD on EURO or those who convert their national reserves on EURO. They'll attack these countires (Irak, Iran, Syria, Venesuela etc) and they'll have fake governments there which will sell oil for USd, as it was before.
This is the reason why Great Britain didn't agreed the EURO because if they did they were on the opposite side now. Britanics will be sly as always: is USA does a good job they'll stay with the liras, if EU the war they'll go for EURO ( they postponed this too much time, despite the moment losings (https://www.nytimes.com/financialtim...510816173.html).
So this war will decide if USA will still be the world's superpower.
This is also why USA sent so many troops: Irak is only the beginning, the first battle.
Regardless who's the winner the war will be way, way longer...
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