The truth about the war
 

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 (http://www.nytimes.com/financialtime...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...

10% fact - 90% fiction

:glugglug

All things considered in today's totally insane and chaotic world with 6 Billion unique people having a zillion different opinions on how things should be its amazing this planet and all the systems, power structures, economies, etc. that keep it running even function at all.

I'm happy now just waking up and seeing the sun still is there to greet me each morning.

I'm telling ya straight up, this world is getting too opinionated and too complex.

Thank God we have computers to do all the mental processing now, human brains are too whacked.

10%truth / 90% fiction is an USA lifestyle man.Its CNN and USATODAY who built your prosperity and freedom paradise.
What you read above are facts man , you just don't have a balls to face the truth

Facts? You're an idiot. From the article, it's just pure speculation on if the U.S. is going to war because of the "EURO". There's an underground nuclear race going on in the world right now. (North Korea, IRAN is just the beginning). A single nuclear bomb in a major U.S. city will cause economic HAVOC across the globe regardless of what stupid currency a Country has. Who in the whole entire world has the balls and is going to step up to stem the tide of nuclear ambitions by rogue states? Do you honestly think North Korea will go through international channels to discuss if they can lob a bomb into another Country it's pissed off at? The actions of North Korea now shows that dictatorships cannot be trusted.

The IRAQ war will send a message to everyone that their actions will not go unchecked by the United States. In the past, wars were only fought when a country was attacked first. It's different now. If we were to wait for the one day when a terrorist with a nuclear bomb sits in New York's main street with his finger on the trigger, then it would be too late.

or a message that unless you can pull off what north korea has done, you'll end up getting your ass handed to you like iraq is now.

Yeah. If the world were to leave it solely up to the U.N., then by year 2010 every country, big or small, in the world would have a nuclear arsenal. Imagine how safe the world would be then. The psychological effects of having such a powerful weapon in their possession will cause them to make decisions that they wouldn't have made otherwise.

nice post!!!!

eye opener

but still most of this guys will continue to shout about freedom and all their patriotic bullhshit

ha ha

freedom and patriotism are bullshit eh Stanton? I don't see you moving to Iraqistan.


Knob.

:thumbsup

don't call me idiot anymore or I lay to rest your family 5 generations back my darling
I am already pissed off this situation enough so I don't want to discusse with you

What a fictional conspiracy theory.

Real economy is what matters, printing money is irrelevant. This was known already since 1800's or early 1900's

You're an idiot. :)

yeah.. "real" economy based on fake money..

The US Federal banking system understands that you just can't print more money whenever you need it. You don't need a basket of dollars to buy a loaf of bread the way countries that "just printed up more money when they needed it" did.

Blaming "the Jews" is a quick way to have intelligent people tune you out!

And, what do you mean by "Jews" anyway? It seems to me there are only two possibilities:

1) All Jews. This is patently absurd. For example, I have a good Jewish friend, and she doesn't go to temple or follow the laws of Kosher in her diet. The only thing Jewish about her is that in her past, there were Jews, so she has Jewish blood in her veins. She has nothing to do with the banking system.

2) Powerful business people who happen to be Jewish. But, don't we hold people to task for their personal actions? Do we BLAME blacks and hispanics as ethnic groups for street crime? No, we hold individuals responsible and hold their ethnicity as irrelevant.

So, why do you even bring up this "Jew" thing? It's so old and tired and almost nobody wants to hear about it for good reason.

Haha, facts, sure. I'll let you know when we're reasy to invade Venezuela :1orglaugh

SpaceAce

So... now the war is about the Euro and currency? What happened to oil?

Flashfreak, I have seen your portfolio and realize you are a hard worker. Your work is very nice, and you seem to know what you are doing. BUT- You come to basically an American board. (i'd say this board is 75% American if not more, 20% Canadian, and the final 5% other) I would also say that most of your business is from Americans, but I could be wrong. I understand your feelings, and how you feel, but to come here and basically tell us your opinion that America Sucks etc...is not a good idea. Our nation is at war, and support for our nation has never been stronger. For you to come here can not benefit your business. I know if I ever need work, reading your posts and how you feel about America, you would never get my business.

But then again, what do i know, this is only my first post
~AA2003~

I've read an essay on this subject before the war actually started. Could be true, but the fact that you say that iraq is only the first country to have "regime" change is crazy. Why else would we need to take Iran or any of the other countries listed if Iraq itself has the 2nd largest oil reserves? If we control Iraq the Euro will be hurt

unseenworld: I have nothing against jews or any other race in this world. I capitalized those words so you know who's leading your country, in case you didn't know...

True. Oups, thinking of the USA ....

When USSR was there with there nukes, there was a balance....Never would the US done this at that time...

Is life really so boring that people have to spend time making up these retarded conspiracy theories? Take off your tinfoil hat and go for a drive or something, the only people who see world actions in terms of Jews and backroom deals are narrow-minded idiots, the same breed of person they proport to hate.

Yeah, right. As if the USSR would have put up with Iraq developing biological, chemical and nuclear weapons before they collapsed. The only thing different is that AFTER the collapse they sold their technology to middle-easterm countries which is part of the current problem.

Just like there is no danger of retaliation from China, today, there was no danger from Russia in the past. No country is going to assure their own destruction and destruction of much of our planet in order to defend some middle-eastern tin pot nutcase.

SpaceAce

go to the library ....

Why dont you just say trillion?


GDP is at 10 trillion a year.

I didn't say America suck. Honestly, they're very smart by doing this. Maybe you're wondering why I posted this: so all people who watch CNN and still think this is a legit war will know the REAL reasons.

Evidently you missed the cia backed coup in venezuela a while back. The bush administration praised the new regime so quickly that they virtually had to have known about it in advance. Problem was that the coup failed.

Nice try. You think I am wrong? Prove it. Quote som independent sources here. You can't make a point with a lame comment like that, it just shows you have nothing to say.

SpaceAce

Bush at it's best

A covert operation for the purpose of eliminating or installing a government is a far cry from open warfare. It's pure speculation, anyway, because we all know that whatever the CIA was up to, you and I don't get the full story so all you can do is say "well, they went down and there and they did some stuff" which is not clear proof of that ridiculous conspiracy theory.

SpaceAce

But the funny thing is, there seems to be more proof/evidence of some of these conspiracy theories than bush and co can produce about saddam having wmds, being tied to osama, or being any kind of real threat to us.
When bush says "trust me" you buy it 100%. But when someone proposes reasons that for a lot of people seem to make more sense you say "cant prove it"!

A MUST READ!!!

Good post, Flash Freak. It makes some sense. Another element that the article left out which is key is the notion of signorage... this is a 2 to 3% discount off inflation when a currency is used OUTSIDE of the country that issues it. Since the USD is the currency of choice for oil [although Euro is gaining], other countries use the USD as the currency for savings or as a more stable replacement for the local currency. All over the world, many countries buy and save dollars cuz they trust it more than their local currency. This has a minimizing effect on AMERICAN INFLATION since not all the cash printed is NOT circulating here or in active exchange but being saved up overseas. This signorage effect will be greatly reduced and cause inflation and economic turbulence in the US if overseas people cleared out their stores of USDs and replaced it with Euros.

yeh, a must read from a source of radicals.....

man this boards gone downhill

shut the fuck up!

That shit is not needed....have an opinion but dont be a dickhead...that shit is not called for.

really!

In reply to the topic. Bull shit.

that is the 100% fact you fuckers.

in reply to your reply: stop acting like an emu!!!

I think with 10% banking reserve policy they in fact are destroying the currency.

I put $1000 in the bank. Then Joe can borrow $900 on a shiny new car and the dealer puts $900 in the bank. Then Jane can borrow $810 on a shiny new car and the dealer puts $810 in the bank. Then Mary can borrow $729 on a shiny new car and the dealer puts $729 in the bank....

So many thousands of dollars are created out of nothing. They are simply credits calculated in the Federal Reserve bank. The problem starts when I withdraw my money. Now the banks are forced to call loans to meet their reserve requirement and cars are repossessed, dealers are stocked with cars they can't sell and the whole engine stops.

We had such situation in Russia when for every rouble there were 2000 accounting roubles. In a week those roubles were called and the currency imploded.

Two weeks ago the Central Bank for the first time ever traded more euros than dollars. For an economy that was completely dollarized it is an ominous sign. Russia is the largest holder of U.S. cash outside the states. As these greenbacks drift out of mattresses and back into the U.S. the reserve will need to tighten credit or accept the resulting inflation.

For people who say it's fantasy please explain why the 25% $ devaluation is just a ripple.