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Originally posted by patriot jim
reply to post by Bluess
But MM ( Main Media) will fail to report this to the American people. Therefore most of Americans won't know squat above the Iranian oil bourse
Originally posted by Lucky One
This is scary stuff. This is about survival now. I dont want to end up homeless because our economy collapses.
For the first time I now wish we would have invaded them and dodged this bullet. We may all go down hard because of this, our economy just cant take anymore.
China, Iran Sign $2 Billion Oil Production Agreement
Dec. 10 (Bloomberg) -- China Petrochemical Corp. signed a $2 billion agreement to develop Iran's Yadavaran oil field, advancing prospects for a contract on the sale of liquefied natural gas to the world's fastest-growing major economy.
The field will produce 85,000 barrels a day in four years and a further 100,000 barrels a day three years after that, China's official Xinhua news agency cited Iranian Oil Minister Gholam Hossein Nozari as saying yesterday. Under an initial agreement in 2004, China would pay Iran as much as $100 billion over 25 years for LNG and oil and 51 percent stake in Yadavaran.
BUENOS AIRES (AFP) — Six South American presidents on Sunday launched the Bank of the South, the region's answer to the World Bank and the International Monetary Fund as a source for development funds.
Presidents Nestor Kirchner of Argentina, Luiz Inacio Lula da Silva of Brazil, Nicanor Duarte of Paraguay, Rafael Correa of Ecuador, Evo Morales of Bolivia and Hugo Chavez of Venezuela -- all political on the left or left of center -- signed the bank into being.
"Motherland yes, colony no!" chanted a group of activists, most belonging to Kirchner's leftist Peronist party, who stood behind the presidents at the signing ceremony at the president's office.
Originally posted by Hallberg Rassy
The lynchpin in this is Russia. They are the worlds largest exporter of petroleum and if they move to settle in Eurodollars, then look out.
Originally posted by pstrron
It looks like to me that with Iran dropping the dollar that Venezuela will most likely follow suit since they are buddy buddies. However, I can only surmise that this can only bolster the demise of the dollar and set the stage for the Amero.
Let oil prices escalate, devalue the dollar, let the sub-prime fall flat on its arse, tell the American people that their only hope to save the economy and their homes is the NAU and the Amero and they will beg for it. Now blame it all on Iran and you have your scapegoat and the NAU as your savior.
Can't say I didn't see this one coming...wonder how much Bush and co are making off the deal.
I KNOW what it's going to do - it's going to do what it was designed to do : crash.
The planned collapse of America
The government has known for decades that America is on a countdown to self-destruction. Among the elite it is common knowledge that our "global economy" must one day collapse from its own dead weight. In 1974 an intensive research project was undertaken by the Stanford Research Institute and the Charles F. Kettering Foundation for the Dept. of Education.
Bush's appointed task is to bully America through this turbulent period of upheaval, with as little disruption of corporate activity as possible. Government has taken the words of this study to heart, preparing a manipulative transformation, to divert or preempt the coming collapse of our nation with a massive war today. This is also one of the primary reasons for the coming world war, to serve as a prelude to American martial law. Instead of calling out the troops after the insurrection has begun, they plan to call out the troops first. If the American military is to forcefully control the homeland, including their own relatives, then the troops must first be convinced that the nation's survival depends upon their patriotic actions. This is why the world war against Iran has not started yet, because our National Guard must first be convinced that its duty is to put down the American rebellion which will surely accompany the bombing of Iran. The timing for their great takeover is crucial, if they want to move America past (through) the social unrest as quickly as possible.