View Single Post
Aurel Aurel is offline
Free minder
 
Aurel's Avatar
 
Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,422
Garage
Tabs, I liked your analysis a lot. Made sense to me. To push it a little further, I would say that the present situation is so dangerous economically that war was the best solution envisioned by this administration to keep things afloat. In particular, you mention that one of the stabilizing factors to the dollar is the fact that it is being used in all oil transactions. I beleive that the main reason of the war with Iraq was to keep this in effect: By controlling the world oil reserves, the USA would ensure the stability of the dollar. The problem is that the war is extremly costly, and seems now to have worsened the problem instead of solving it.

Aurel
__________________
1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/
2014 Cayenne platinum edition
2008 Benz C300 (wife’s)
2010 Honda Civic LX (daughter’s)
Old 05-16-2004, 07:09 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #25 (permalink)