Tom Ganks
Guest
These threads are sorta fun, but let's keep it mature here. No racism or religion wars please. Pure speculation.
This is my take on it.
This is my take on it.
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Gonna tag [MENTION=13421]Allybeboba[/MENTION] for the fun of it
Gonna tag [MENTION=13421]Allybeboba[/MENTION] for the fun of it
To keep the military industrial complex running, of course. Case in point: in 2014, America's defense spending roughly equaled that of China, Saudi Arabia, Russia, the UK, France, Japan, India, Germany, and South Korea put together. All those companies need to get paid somehow!
The US does not need to "fight for oil". The US is the world's number one oil producer, by far. If you take away Saudi Arabia, the rest of the Middle Eastern countries combined are just a fraction of US oil production. They barely even combine to equal Russia's oil production. Even Canada produces more oil than Middle Eastern countries. Brazil and Mexico produce more than most. And even little ol' Norway produces more than some!
Since the oil is forced to be traded internationally in US$, artificial demand for US$ is generated and USA is able to issue/export its paper currency as reserve currency held by all countries relegating gold to second place. With the export of its currency as global reserve currency, USA has been able to achieve faster economic development on huge borrowed capital though its trade deficit has been consistently high.
why not?
-murica
The whole clusterfuck in the middle east is thanks to the United States trying to keep the US Dollar as a reserve currency.
Allahu Snackbar
The US doesn't fight for oil, the US fights to keep the US Dollar the default currency for petrol. This essentially means that the US Dollar is backed up by Petrol, so the US Dollar becomes a reserve currency (like gold).
https://en.wikipedia.org/wiki/Petrodollar
Iraq wanted to get rid of the petrodollar system in the year 2000, then they switched to petroeuro in 2002. They were invaded in 2003. The whole clusterfuck in the middle east is thanks to the United States trying to keep the US Dollar as a reserve currency.