By Darius Shahtahmasebi
via The Anti-Media
A theory advanced in William R. Clark’s book Petrodollar Warfare –
and largely ignored by the mainstream media – essentially asserts that
Washington-led interventions in the Middle East and beyond are fueled by
the direct effect on the U.S. dollar that can result if oil-exporting
countries opt to sell oil in alternative currencies. For example, in
2000, Iraq announced it would no longer use U.S. dollars to sell oil on the global market. It adopted the euro, instead.
By February 2003, the Guardian reported that
Iraq had netted a “handsome profit” after making this policy change.
Despite this, the U.S. invaded not long after and immediately switched
the sale of oil back to the U.S. dollar.
In Libya, Muammar Gaddafi was punished for a similar proposal to create a unified African currency backed
by gold, which would be used to buy and sell African oil. Though it
sounds like a ludicrous reason to overthrow a sovereign government and
plunge the country into a humanitarian crisis, Hillary Clinton’s leaked
emails confirmed this
was the main reason Gaddafi was overthrown. The French were especially
concerned by Gaddafi’s proposal and, unsurprisingly, became one of the
war’s main contributors. (It was a French Rafaele jet that struck Gaddafi’s motorcade, ultimately leading to his death).
Iran has been using alternative currencies like the yuan for some time now and shares a lucrative gas field with Qatar, which may ultimately be days away from doing the same. Both countries have been vilified on the international stage, particularly under the Trump administration.
Nuclear giants China and Russia have been slowly but surely abandoning the U.S. dollar, as well, and the U.S. establishment has a long history of painting these two countries as hostile adversaries.
Now Venezuela may ultimately join the bandwagon, all the while cozying up
to Russia, as well (unsurprisingly, Venezuela and Iran were identified
in William R. Clark’s book as attracting particular geostrategic
tensions with the United States). The CIA’s admission that it intends to interfere inside Venezuela to exact a change of government — combined with Trump’s recent threat of military intervention in Venezuela and Vice President Mike Pence’s warning that
the U.S. will not “stand by” and watch Venezuela deteriorate — all
start to make a lot more sense when viewed through this geopolitical
What initially sounded like a conspiracy theory seems to be a more
plausible reality as countries that begin dropping the U.S. dollar and
opting for alternative currencies continuously — and without exception —
end up targeted for regime change.
If the U.S. steps up its involvement in Venezuela, the reasons why should be clear to those who have been paying attention.
Posted by ΛΕΟΝΙΔΑΣ