Quote:
Originally posted by Blu Solutions
You definitelly right, man.
And it is pleasant, that you (american) understand that.
There are several major reasons for the war:
1) Euro vs Dollar. The OPEC countries are going to switch to EURO - that is true.
And there is a huge reason for it - American DOLLAR is a great SOAP BUBBLE. It is supported by gold equivalent by only 1/25 part !!
The total sum of the people of United Europe soon will reach 500 000 000 people - it is much more than US citizens - so there is no more reasons to sell the oil for green papers, which are not supported by ANYTHING. Euro in this case is much more stable.
So, your government afraid of it, because they understand - if OPEC will switch to EURO - american economy will collapce. YOu heard about the Marshall's plan in 1960-es ?
2) Oil.
American economy is very dependable on the oil costs. It cannot be developped effectively when oil cost are more than $15 per barrel. For now it is $30 per barrel.
As you do know, american national debt is 6.5 trillions of dollars. American import-export deficit is about 400 billions of dollars per year.
If America don't wont to get an economy collapce- it should get 2 billions of investments from outside PER DAY.
But investors don't want to invest the money to USA because of high costs of production (great part of the production costs is ENERGY - and the oil is the most important factor).
Oil in Iraq costs $0.5 per barrel - so that's why America wants to get it and go against the whole world to reach it's target.
Saddam is just an occasion.
And "chemical and biological weapons" is a fucking fake.
|
This is the worst argument I've ever heard.
US debt is irrelevant. Yes, it's large - but as a function of GDP it's below most.
US debt/GDP = 57%
French debt/GDP = 67%
Canadain debt/GDP = 100.2%
British debt/GDP = 54%
Japanese debt/GDP = 136%
Spanish debt/GDP = 70%
etc.
U.S. GDP per capita is about 40% greater than the any other country in the western/asian world. God knows how much higher it is compared to any third world countries. If there's one stat that tells the world the U.S. economy is set to be the world leader for the foreseeable future - that's the one.
You also assert in consecutive 'points' that the a falling US dollar (cause OPEC's gonna switch baseline currency when selling oil, and this would supposedly matter... LOL) is going to hurt the econonmy, then point out the U.S. trade deficit as further evidence of doom.
Apparently you fail to recognize trade deficits are a function of currency strenth - and they work inversely. Countries with a strong currency do not export items well. Other countries can't afford their items. Likewise countries with a strong currency tend to import items as imports are cheap. The quickest way for the U.S. to reduce it's trade deficit would be for the value of the dollar to fall. There are many, many in this country (notably organized labor) that want the dollar to fall and argue such a scenario would greatly benefit the U.S. economy.
You have absolutely zero understanding of economic principles and I'd recommend you avoid using economic 'analysis' in your arguments.