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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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Condensed:
The Dollar is the current dominant world currency.
The people enforcing dominance of the dollar depend upon maintaining control of the world Oil Market.
Without Oil the dollar will not dominate.
That is fact.
Read the link.
Enforcers of Oil/Dollar/Military Dominance cannot maintain dominance much longer.
Note: Dominance is also called Hegemony. Dominance and hegemony depend upon monopoly control of a necessity.
Example: If I owned the Sun and if I had a switch to turn it on and off, then, I could monopolize a necessity. I could charge people, make them pay me, to turn the sun on. If they do not pay me, then, I turn it off.
A stale mate can occur. Who needs the Sun more; me or you?
What is very bad for the Hegemony is competition and knowledge. If another person has a switch to the sun, then, he can charge less to turn it on.
If everyone has a switch for the sun, everyone “knows” how to turn on the sun, then, no one needs to pay anyone for turning on the sun.
The above is economics 101; my version.
Read the link. I can offer anyone interested a more detailed analysis of that current viewpoint of current events – News.
There is good news mixed in with the bad - very good news.
Last edited on Fri Apr 7th, 2006 09:02 am by Joe Kelley