Code ORANGE......feels different this time?.....military in LA,....flights cancelled.......Libia throwing up hands?...
It all fits in just perfectly.
So which is the next country to be involved in a war with the USA?
My best guess....Pakistan, or some semi-developed nuclear country, in indo-asia-middle east area.
Some country with trade demands, and an independent currency. The Rupee.
Well now that I have you here, I have made a few topics, and replied to others similar topics here at ATS, in a subject that, well, draws little
interest, and has little flash or pop with the public. This in my opinions and generalizations, are the underlying roots and reasons of the public and
IE- A magician uses slight of hand and distractions to mechanically do the obvious or mundane, yet with his skills he can effectively demonstrate this
effort, completely in front of, yet entirely oblivious to, the paying audience. And yet also receive a hearty applause in conclusion, for blatently
deceiving the public, and in appreciation. The Show.
What the heck am I talking about?!......
OK OK,....more to the topic.......yes dammit I am talking about the USD ! Dinaro! $
Yes my other posts seem to deplict a less than desirable result, and were in extreme possibly. But they also brought forth information, when
considered in similar context, displayed a trend and motivation.
The USA needs the petro bill to be USD. This is how the Treasury brings in income. Thru the sales of notes, to Dollarized countries.
OPEC in 2002.....The Choice of Currency for the Denomination of the Oil
The discuss the Euro being at least a bi-oil-bill currency. This would imply a large Dollarization of the Euro, into non-member countries.
First of all, let me take the opportunity to congratulate the European Union for its successful transition to the euro, from its twelve different
currencies. Everyone was pleasantly surprised at how smooth and swift the switchover took place, considering it involved the largest currency swap
undertaken in history. The question that comes to mind is whether the euro will establish itself in world financial markets, thus challenging the
supremacy of the US dollar, and consequently trigger a change in the dollar’s dominance in oil markets. As we all know, the mighty dollar has reigned
supreme since 1945, and in the last few years has even gained more ground with the economic dominance of the United States, a situation that may not
change in the near future. By the late 90s, more than four-fifths of all foreign exchange transactions, and half of all world exports, were
denominated in dollars. In addition, the US currency accounts for about two thirds of all official exchange reserves. The world’s dependency on US
dollars to pay for trade has seen countries bound to dollar reserves, which are disproportionally higher than America’s share in global output. The
share of the dollar in the denomination of world trade is also much higher than the share of the US in world trade.
Having said that, it is worthwhile to note that in the long run the euro is not at such a disadvantage versus the dollar when one compares the
relative sizes of the economies involved, especially given the EU enlargement plans. Moreover, the Euro-zone has a bigger share of global trade than
the US and while the US has a huge current account deficit, the euro area has a more, or balanced, external accounts position. One of the more
compelling arguments for keeping oil pricing and payments in dollars has been that the US remains a large importer of oil, despite being a substantial
crude producer itself. However, looking at the statistics of crude oil exports, one notes that the Euro-zone is an even larger importer of oil and
petroleum products than the US.
It must also be recalled that the links between crude oil and the dollar are deeply embedded in economics, politics and trading traditions.
Naturally, the trading of oil in dollars has served the interests of the US, giving it an immediate advantage over other countries because it carries
no currency exchange risk. For most other oil consumers around the world, the pricing and payment of crude in dollars increases the risk for these
countries because of currency fluctuations. When the dollar rises against other currencies, the price of oil is more expensive for the rest of the
world, thus potentially increasing inflation in these countries.
So why Pakistan.?
Lets see. Iraq, the first non Euro oil producer, selling entirely oil for Euros. Now being flooded with the Dollarization of the USD, and probubly
locked in with some new debts to World Banks. (Still alot of arguement of if Saddam had anything to do with Bin Laden or had WMD)
If my thoughts are in line with this, then the next effort will be toward the next currency,....in a non-EU state, and close to the middle east. A
country industrialized, possibly nuclear, and with some border enemies.
WTC attack made us fear the 'terrorists' and the Anthrax made us fear our home security. Allowing for changes in our governments and country, and
acceptability of an overseas intervention by the public.
A new code ORANGE, and the level of demonstrated concerns over this being more accurate of a warning, may be a prelude to a series of events that lead
us to war with another country, after all, nothing but mop-up left now in Iraq, with the capture of Saddam.
The US has to know that if the Euro becomes a viable oil bill, this will mean much liquidation of foreign-held dollars (meaning less treasury notes
purchased by other countries that finance the US government) as countries re-dollarize to "hedge" themselves against all oil-bill currencies.
If you were to be in the US position, you would need to also know that the dollars will have to be replaced somewhere, or a big reduction in
government size, or inflation spiral to re-populate the 'outstanding(circulated) ' dollars.
You would also know that you were slowing coming into a position where you had much more currency exchange risk in your oil transactions, unlike
before where you were the currency exchange risk, and experienced none upon yourself.
What do you think?
Does this have anything to do with anything?
Or is the whole world scenario, as is shown on the surface?