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    Re: Iran Archived Message

    Posted by Dave - March Org on 20/7/2019, 12:56 am, in reply to "Re: Iran"

    The issue is not the size of the debt, but the value and importance of the currency itself.

    The US $ is the World's reserve currency, and it has been propped up by 'Petrodollar' agreements with the major Oil producing nations in exchange for military support/training and weapon sales.

    If the world stops trading oil in dollars, the dollar collapses, and with it America's economy and international standing.

    There's plenty of information out there, most of incredibly complex and boring, but google "Iranian Oil Bourse"
    if you want a boiled down lighter way watch this clip from 3:50 to 10:40

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