JUGGERNAUT Posted February 4, 2006 Share Posted February 4, 2006 You lost me at ... Iran is supposed to open the first oil market in the world where the currency is NOT dependant on oil. WTF does that mean? Are you aware that there are spots of oil reserves present in just about every industrialized nation in the world today? This guys a crackpot. The only oil supply sold for American $'s is that which comes from us & other nations that DESIRE American $'s. Why do they DESIRE American $'s? Because it still represents the safest currency investment on the planet. The socialism in Europe still makes the Euro a riskier currency than the US $. Beyond that it's also the most convertible currency on the planet & Iran's oil supply represents no more than a pencil dot on a pc of white paper has having any impact on that. Is WW3 inevitable? It depends. WW3 has been pushed aside for now because of eldest nations in the G8 have choosen to give up buying power in exchange for greater economic cohesion & harmony. But eventually old farts in the G8 like ourselves will reach a point we can't give any more. Then it will be up to China (the new top dog) to start giving it up. If they refuse WW3 is inevitable. Link to comment Share on other sites More sharing options...
knightni Posted February 6, 2006 Share Posted February 6, 2006 (edited) I don't know if Iran would have the missle capability to reach the US mainland. I mean, North Korea has had a lot more time to develop nuclear weapons and they are a lot closer to the US than Iran is. From what I've heard; they can just barely reach the California coast with the range of their missles. Edited February 6, 2006 by knightni Link to comment Share on other sites More sharing options...
kapkomet Posted February 6, 2006 Author Share Posted February 6, 2006 QUOTE(JUGGERNAUT @ Feb 4, 2006 -> 12:44 AM) You lost me at ... Iran is supposed to open the first oil market in the world where the currency is NOT dependant on oil. Iran is opening the first oil market in the world where you can buy it WITHOUT the USD$. In case you hadn't noticed, that's huge. Link to comment Share on other sites More sharing options...
NUKE_CLEVELAND Posted February 6, 2006 Share Posted February 6, 2006 QUOTE(knightni @ Feb 6, 2006 -> 04:04 AM) I don't know if Iran would have the missle capability to reach the US mainland. I mean, North Korea has had a lot more time to develop nuclear weapons and they are a lot closer to the US than Iran is. From what I've heard; they can just barely reach the California coast with the range of their missles. Iran cant hit the US mainland but they can fire upon US troop concentrations in Iraq and Kuwait. I doubt they could do any serious damage though with missile defenses already firmly in place over there however. Link to comment Share on other sites More sharing options...
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