Bob's Links and Rants

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Tuesday, February 21, 2006

Is it the BOMB or the BOURSE the BUSHIES are afraid of?

Cyndy links to this article from Newropeans magazine which suggests that the various crises in the world will come to a head at the end of next month, triggered by two important but (intentionally?) obscure events: The opening of the first oil bourse priced in Euros on March 20th, 2006 in Teheran and the decision of the Federal Reserve to stop publishing M3 figures (the most reliable indicator on the amount of dollars circulating in the world) from March 23, 2006 onward. The article describes how the opening of the oil bourse will have a significant negative effect on the value of the dollar, while not publishing the M3 numbers will be an attempt to disguise the dollar's fall.

The article appears to be poorly translated from French, and I don't know the credibility of the source (they claim to have correctly predicted several recent events). But they present plenty of reasons why things may soon come to a head. The article suggests to me that aWol and Condi's fanning of the war flames against Iran probably has much more to do with preventing Iran from getting the bourse than from them getting the bomb.