Iran's Really Big Weapon

[Number Six]

Iran's Really Big Weapon

Iran Sanctions Could Drive Oil Past $100 a Barrel

 

[starguard]

You mean its not there already?

 

[TJHairball]

Most of the financial world is currently awaiting another, similar devaluation of the dollar, in response to the monstrous scale of current deficit on the U.S. current account. Writing in the Financial Times last week, Harvard Professor Marty Feldstein suggested that on the basis of the 1985-87 Louvre and Plaza devaluations, the dollar could fall as much as 40 percent or even more.

Well, if the US gets screwed over... everybody knows who is to blame for the massive deficits leading to this strategic economic vulnerability.

And now, of course, we see the real reason for a near-future invasion of Iran. Correct? Still about controlling the global energy market.

 

[MessengerX]

I thought it was all Israel's fault? :wtf?:

 

[TJHairball]

I thought it was all Israel's fault? :wtf?:

Well, that's according to the Iranians. But really, are you going to buy it when Bush says "The Israelis made me increase the deficit!"?