Month: December 2015

Dollarization of the World

Oil & the Destruction of Iraq Iraq emerged from 8 years of fruitless war with Iran which had accomplished little more than provide arms companies a massive income stream. Iraq ended the war with an enormous foreign debt burden of $65 billion. This was in stark contrast at the beginning of the war when Iraq […]

How the Petro-Dollar Disintegrated the World Economy

 Our series on the world of finance continues. In this article, we will describe policies- both geopolitical and financial- that detail the increasing power of the two families, and a corresponding decrease in national sovereignty of the majority of nations in the world. If you can understand this fascinating story, then you will be able […]

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