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Iran Watch...
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johnhemming2



Joined: 30 Jun 2015
Posts: 2163

PostPosted: Wed May 09, 2018 9:48 pm    Post subject: Reply with quote

I think Trump is an idiot. However, I have not changed my mind on this since the first time I came to a view.

This is a good example.
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adam2
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Joined: 02 Jul 2007
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PostPosted: Wed May 09, 2018 9:50 pm    Post subject: Reply with quote

AutomaticEarth wrote:
US blows out on Iran nuclear deal. No noise on this forum.

[tumbleweed blowing through this forum]

LOL


IMHO, this was so widely forecast that it was no that newsworthy when actually announced.
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Little John



Joined: 08 Mar 2008
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PostPosted: Wed May 09, 2018 10:10 pm    Post subject: Reply with quote

Iraq dropped the dollar. Libya dropped the dollar. Syria dropped the dollar. Iran has just dropped the dollar.

Want to guess what happens next?

This is a petro-dollar global war. It always has been. Trump is just the messenger boy for a Yank deep state intent on maintaining its dollar hegemony in the world. And, if it cannot, then it will take the rest of us all down to hell with it on the basis of the maxim "if we lose, everyone loses".
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vtsnowedin



Joined: 07 Jan 2011
Posts: 4687
Location: New England ,Chelsea Vermont

PostPosted: Thu May 10, 2018 1:39 am    Post subject: Reply with quote

Little John wrote:
Iraq dropped the dollar. Libya dropped the dollar. Syria dropped the dollar. Iran has just dropped the dollar.

Want to guess what happens next?

This is a petro-dollar global war. It always has been. Trump is just the messenger boy for a Yank deep state intent on maintaining its dollar hegemony in the world. And, if it cannot, then it will take the rest of us all down to hell with it on the basis of the maxim "if we lose, everyone loses".
And just how has the dollar fared in recent days in the face of all this turmoil?
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emordnilap



Joined: 05 Sep 2007
Posts: 14114
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PostPosted: Thu May 10, 2018 2:45 am    Post subject: Reply with quote

Little John wrote:
Iraq dropped the dollar. Libya dropped the dollar. Syria dropped the dollar. Iran has just dropped the dollar.


Wee-hee. I wish someone over here had that gumption.
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woodburner



Joined: 06 Apr 2009
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PostPosted: Thu May 10, 2018 8:29 am    Post subject: Reply with quote

vtsnowedin wrote:
Little John wrote:
Iraq dropped the dollar. Libya dropped the dollar. Syria dropped the dollar. Iran has just dropped the dollar.

Want to guess what happens next?

This is a petro-dollar global war. It always has been. Trump is just the messenger boy for a Yank deep state intent on maintaining its dollar hegemony in the world. And, if it cannot, then it will take the rest of us all down to hell with it on the basis of the maxim "if we lose, everyone loses".
And just how has the dollar fared in recent days in the face of all this turmoil?


Not really relevant. The price is determined by opportunistic gamblers (and possibly a significant Neocon influence). They have their own agenda, real world doesn’t matter.
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kenneal - lagger
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Joined: 20 Sep 2006
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PostPosted: Thu May 10, 2018 9:37 am    Post subject: Reply with quote

vtsnowedin wrote:
And just how has the dollar fared in recent days in the face of all this turmoil?


It would fare a lot less well if there was a run away from the dollar as " the oil currency".
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Mr. Fox



Joined: 24 Nov 2005
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Location: In the Dark - looking for my socks

PostPosted: Tue May 15, 2018 10:17 am    Post subject: Reply with quote

Orlov: The US pulled out of Iran Nuclear Deal because it’s too broke

Quote:
Here’s a perspective on Trump’s decision to pull out of JCPOA, a.k.a. the Iran Nuclear Deal, that definitely doesn’t get enough airtime. It’s all about money. Following the Iranian revolution of 1978-79, Jimmy Carter froze Iran’s assets in the US. Ever since then, the US has been holding on to between $100 and $120 billion in Iranian assets, which have been accruing rent and interest. After the JCPOA, which stipulated the lifting of sanctions on Iran, Washington has been doing its best to drag its feet on releasing these assets, but they would have had to be returned to Iran sooner or later… unless the US pulled out of the deal, which it just did.

It is very important to note that these frozen Iranian assets are US dollar-denominated. And what would be the first thing that the Iranians would do upon regaining control of them? Why, of course, they would convert them out of US dollars. This is a requirement written into Iranian law: no US dollars allowed, and nobody in Iran has the power to change that even if they wanted to...

[more]
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emordnilap



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PostPosted: Tue May 15, 2018 10:48 am    Post subject: Reply with quote

Mr. Fox wrote:
Orlov: The US pulled out of Iran Nuclear Deal because it’s too broke

Quote:
nobody in Iran has the power to change that

[more]


Nobody? Humans make the law; humans can change it.

Yes, they might not want to - but this kind of statement is nonsense and on a par with Trump's 'facts'.
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Mr. Fox



Joined: 24 Nov 2005
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PostPosted: Tue May 15, 2018 10:54 pm    Post subject: Reply with quote

I can't claim to know the specifics, em, but I'd imagine the reasoning goes something like:

God makes the laws > including a law prohibiting usury > hence no US Dollars.

Their Constitution (pdf) is worth a browse one rainy afternoon (if only for the 'cor, I wish we had that' aspects).

Article 3.5 regarding 'the complete rejection of colonialism and the prevention of foreign influence', or 3.6, on 'the eradication of all kinds of tyranny, autocracy, and monopolization of power' might also be what Orlov is alluding to - there's more than a few to choose from.

Chapter 14 does detail mechanisms for revising the constitution, but I'm don't know of any* for revising the Qu'ran.

(*takfiri head-choppers excepted, of course).
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vtsnowedin



Joined: 07 Jan 2011
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Location: New England ,Chelsea Vermont

PostPosted: Wed May 16, 2018 2:15 am    Post subject: Reply with quote

kenneal - lagger wrote:
vtsnowedin wrote:
And just how has the dollar fared in recent days in the face of all this turmoil?


It would fare a lot less well if there was a run away from the dollar as " the oil currency".
Do you think that anyone trading a shipment of oil for Rubles or any other currency doesn't know exactly how much they could sell the same shipment somewhere else for dollars? People that buy and sell oil for a living are aware of the exchange rates by the hour and are not going to take a loss from an exchange rate.
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emordnilap



Joined: 05 Sep 2007
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Location: Houǝsʇlʎ' ᴉʇ,s ɹǝɐllʎ uoʇ ʍoɹʇɥ ʇɥǝ ǝɟɟoɹʇ' pou,ʇ ǝʌǝu qoʇɥǝɹ˙

PostPosted: Wed May 16, 2018 9:20 am    Post subject: Reply with quote

Mr. Fox wrote:
I can't claim to know the specifics, em, but I'd imagine the reasoning goes something like:

God makes the laws > including a law prohibiting usury > hence no US Dollars.

Their Constitution (pdf) is worth a browse one rainy afternoon (if only for the 'cor, I wish we had that' aspects).

Article 3.5 regarding 'the complete rejection of colonialism and the prevention of foreign influence', or 3.6, on 'the eradication of all kinds of tyranny, autocracy, and monopolization of power' might also be what Orlov is alluding to - there's more than a few to choose from.

Chapter 14 does detail mechanisms for revising the constitution, but I'm don't know of any* for revising the Qu'ran.

(*takfiri head-choppers excepted, of course).


*Wry grin*

Of course, you need tyranny, autocracy and monopolisation of power to eliminate such things...
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Little John



Joined: 08 Mar 2008
Posts: 5967
Location: UK

PostPosted: Wed May 16, 2018 4:17 pm    Post subject: Reply with quote

vtsnowedin wrote:
kenneal - lagger wrote:
vtsnowedin wrote:
And just how has the dollar fared in recent days in the face of all this turmoil?


It would fare a lot less well if there was a run away from the dollar as " the oil currency".
Do you think that anyone trading a shipment of oil for Rubles or any other currency doesn't know exactly how much they could sell the same shipment somewhere else for dollars? People that buy and sell oil for a living are aware of the exchange rates by the hour and are not going to take a loss from an exchange rate.
It's far more complex than that

https://www.equities.com/news/how-important-is-the-petrodollar-to-us-economic-stability
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