Around World, Mixed Reactions To U.S.-Led Airstrikes In Syria -- Washington Post
The start of U.S.-led airstrikes in Syria drew mixed reactions across the Middle East and around the world Tuesday, ranging from staunch support by Britain to harsh condemnation by Russia.
In the Middle East, the fight against Islamic State militants is shifting regional dynamics, winning support from Arab nations that opposed previous U.S. military inventions in the region. At least on the first day of bombing, there was little public backlash, with virtually no outcry beyond a pro-Islamic State protest in Istanbul.
Egypt, the most populous Arab country, is prepared to back the war against the militants, a Foreign Ministry spokesman said, noting the Egyptian government’s fight against terrorists and political Islam.
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My Comment: The feedback that I am getting from my friends around the world is typically the following .... another U.S. bombing campaign?
Just to ask war news, have you heared about petrodollar warfare? If yes, what is your opinion about it or do you think it's a conspiracy?
ReplyDeleteRhaegar .... I have heard about it, but I do not know the details. I will investigate.
ReplyDeleteI read about it, basically the Us economy is supported by the petro dollar, and this is because all the oil of the world is sell in us dollars, the compiracy about petro dollar warfare goes that the Us destabilize any nation that try to change this like Libia did trying to sell on a new currency backed by gold, Sadam was trying to sell in euros in Iraq.
ReplyDeleteRight, I am a but unsure if this is true but it could explain why the US can sustain so much debt and still have 1 trillion dollars to use on nuclear weapons. I to don't know the details, I think there is some propaganda and some truth to petro dollar warfare. I think its a factor to consider when thinking about the crisis where the US is involved like the middle east.
ReplyDeleteA few years ago I called the office of my local U.S. representative about foreign policy, the dollar, etc..
ReplyDeleteAfter they got my name number etc they essentially pawned me off.
The talked about they knew all about economic warfare and dethroning the petrodollar. They felt as if I was wasting their time.
Maybe I was. But there is the little fact that Congress, the president or the leadership political parties never seem to address it. They deficit spend, balanced budgets are derided and they have money for everything except the basics.
Rhaegar,
ReplyDeleteAmerica is supported by the petrodollar. My understanding (could be erroneous) is that it makes oil imports cheaper for one. this makes it easier for Americans to live. This keeps them off the backs of the politicians, because they can make ends meet.
The Arab Spring was sparked in 2010/2011, when grain prices rose among other things. It got real hard for people to feed their families, to make ends meet. The Tunisian street vendor, who set himself on fire in protest of the cost of living, was salt of the earth. He was working to feed his family unlike some people. He reached the end of his rope.
A few years' back Foreign Affairs (published by CFR) had an article about replacing the dollar as the reserve currency with a basket of currencies. Of course, I was against it. Who would decide which currencies went into the basket and how much? Soros supported it. I have a very low opinion of Soros.
However not having the dollar as the reserve currency would have an important benefit. It might prevent politicians from deficit spending to buy votes. A country that deficit spends year after year usually has to print money. this leads to inflation. That is unless they are the reserve currency. So there is an upside to the petrodollar going away.
http://www.zerohedge.com/news/2014-01-29/nothing-lasts-forever-world-bank-chief-economist-calls-end-dollar-reserve-currency
http://www.zerohedge.com/category/tags/reserve-currency
Aizino Smith, thank you for your opinion and sources :) Nice to get a american view on the petrodollar.
ReplyDelete