Why Iran?

[zengrifter]

No. really. why Iran? zg

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Iran is The Next Battle Field

By: Dr. Elias Akleh
Amin.org | March 5, 2006

Iran is the next in line target in the cross hair of the American administration. Iran is making the same “fatal mistake” Iraq did that led to the American/British invasion. Iran is opening its own Iran Oil Bourse, scheduled to open on March 20th, competing against the two leading oil exchanges; the New York Mercantile Exchange (NYMEX) and London’s International Petroleum Exchange (IPE), using Euro as trading currency. Such a move will threaten the global hegemony of the American Dollar, and could cause the total collapse of the American economy. Although its troops are spread thin the American administration has no choice but to attack Iran using the threat of WMD (Iran’s nuclear program) again as an excuse for the war. The American propaganda machine has been set in motion to brainwash nations (mainly Europeans) against Iran in preparation for the attack expected to happen between late March and mid April.

To maintain the purchasing power of any currency its value must be backed by gold. The American Dollar is the exception to this rule. The Dollar is a fiat currency backed only by oil trade that uses only Dollar as its currency. Every country in the world must hold American Dollars to be able to purchase oil. The more demand for oil the more demand for the Dollar. This demand supports the value of the Dollar, and in turn supports the American economy. Switching oil trade from Dollar to Euro or to any other currency would reduce the demand for the Dollar, cause the reduction of its purchasing power and the inevitable collapse of the American economy.

Understanding the risk Iran is trying to win as much partners as it could on its side. Iran gave the Asian Capital Partners and the Future Bank of Bahrain permissions to invest 100 million Euros each in its stock market. Three other Lebanese big investors were also given permission to invest up to 50 million Euros in Iran’s stock market. Iran is now closing a deal with China that would make Iran the leading oil supplier to china. This long-term deal is valued at $100 billion. China’s demand for oil is expected to soar exponentially in the next few years. Iran is also negotiating with European gas companies such as Total, Shell and Repsol in an attempt to give them rights to produce liquefied natural gas (LNG) in Iran.

...continued here -http://www.amin.org/eng/uncat/2006/mar/mar5-0.html