Wednesday, March 07, 2007

Hysteria Over Iran and a New Cold War with Russia: Peak Oil, Petrocurrencies and the Emerging Multi-Polar World by William Clark

The link above directs one to an excellent article on the impending crises facing the US dollar. These challenges include the creation of oil/commodity exchanges in Russia, China and Iran that are not dollar backed, blowback from continued imperialistic misuse of the military, a possible sell off of US Treasuries by China, as well as numerous other challenges.

William Clark provides and excellent and easily readable account about complex international issues looming over the US. A great read enjoy.

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