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|    soc.culture.afghanistan    |    Discussion of the Afghan society    |    13,576 messages    |
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|    Message 11,585 of 13,576    |
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|    WORLD DOLLAR DUMPING WOULD THREATEN USA     |
|    21 Dec 12 19:57:38    |
      66444a15       XPost: talk.politics.mideast, soc.culture.usa, soc.culture.iranian       XPost: soc.culture.iraq       From: dudaraster@gmail.com              WORLD DOLLAR DUMPING WOULD THREATEN USA ECONOMY       By Aviroce              Although it makes us feel good that our currency is honored in many       places, there seems to be a downside. I remember when One Dollar was       traded for Three Lebanese Pounds. Now One Dollar trades for 1507.5       Lebanese Pounds. One hundred dollars would trade for 150,750       pounds!! Lebanese no longer would need the pound. They need at least       100 pounds for their unit currency. Is the United States going along       that line? Analysis of dollar reserves by the many countries is very       high. Should USA economy go down, these countries would dump the       dollar on the world market and its value will be reduced       tremendously. The war USA engaged in Iraq is due to that fact. Iraq       wanted to dump the dollar as a denomination for its trade and use the       Euros or the Chinese currency. USA found that to be a threat in the       Middle East. USA liquidated Iraq, held its oil fields and opened its       markets to USA. USA likes to do that to Iran.              Aviroce              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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