Category Archives: petrodollar

Debt Fearmongery

Financial Times takes a look at sovereign debt and concludes: The US does look vulnerable, but given that it has a reserve currency, it can use this to manage its funding problems. Its external debt is largely dollar denominated (and … Continue reading

Posted in deficit spending, petrodollar | Leave a comment

Weekly World: Global Currency?

Hey, I’ve managed to do this two weeks in a row, which means it’s turning into a (gasp!) regular feature! We’ll start off the global news with China, a country that’s getting tired of financing the United States public debt: … Continue reading

Posted in China, global currency, international crime, Israel, Kim Jong Il, Mexico, petrodollar, terrorism, trade protectionism, Zionists in the IDF | Leave a comment

Selling Iran, Part 3

‘Iran is a crazy country, run by a new Hitler, who is building nuclear weapons to destroy the United States and Israel.’ That is the essence of the White House marketing campaign to bomb Iran, and it’s baloney.I despise the … Continue reading

Posted in Bush, China, deficit spending, Iran, Iran's 1979 Revolution, Iran's economy, Iran's electric program, Iran's nuclear program, March to War with Iran, petrodollar, petroeuro | 1 Comment