Monday, September 19, 2005

The Petrodollar Revisited

Some of you may have read my previous post entitled "Understanding why we are at war: the Petrodollar." I highly reccommend this article, written in Jan 2003 by William Clark, who is far more educated than I, and basically says the same thing I was saying in my essay. You'll notice the article is almost 3 years old and therefore much of recent history would make it irrelevant, you might think. Read it... It predicts exactly how the Iraq War II started. The article linked above includes a "post-war" commentary written in Jan of 2004.

This Article, entitled Oil Currency Geopolitics, was penned by William Clark much more recently and is an equally vital read.

Iran is now putting into effect it's own oil bourse (trade exchange) which will accept Euros for oil. NOW is the time to learn about the 3rd major cause for war--currency (ideology and religion being numbers one and two). You may not agree with my or William Clark's conclusions, and that is your right. But you owe it to yourself to learn about the Petrodollar, Petrodollar Recycling, and how the upcoming shift in the world's major reserve currency will affect you.


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