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When was the last time the US invaded a country in false pretenses for trading corn in another currency? The US claimed to invade Iraq because they were holdin

by lowkey 4y ago

When was the last time the US invaded a country in false pretenses for trading corn in another currency? The US claimed to invade Iraq because they were holding WMD. US led NATO forces claimed to liberate Libya because, checks notes, they were mistreating rebels in a “civil war” orchestrated by the CIA. Yet both Iraq and Libya had the nerve to try and trade their oil in currencies other than USD. Coincidence?

landemva 4y ago
I don't recall Vietnam or Laos trading much of anything before USA invaded. How about militarydollar or imperialismdollar or neocondollar.
- lowkey 4y ago
  Check you timelines. Per Investopedia the petrodollar system was established in the mid-1970’s [0] Per Wikipedia, the Vietnam war lasted from 1951-1975 and Laos from 1959-1975 [1] In any case the argument wasn’t that the US only invades countries that try to sell oil in currencies other than USD. It was that anytime a country tries to sell oil in a currency other than USD they automatically become enemies of the US and get invaded. > How about militarydollar or imperialismdollar or neocondollar. I think all those labels are also appropriate now that the Petrodollar system seems to be collapsing with Saudi Arabia, China, Russia and India all exploring the possibility of trading oil outside the dollar. [0] https://www.investopedia.com/terms/p/petrodollars.asp https://www.investopedia.com/terms/p/petrodollars.asp [1] https://en.m.wikipedia.org/wiki/Vietnam_War https://en.m.wikipedia.org/wiki/Vietnam_War
  - landemva 4y ago
    > anytime a country tries to sell oil in a currency other than USD they automatically become enemies of the US and get invaded. I agree. It's not a good look for self-proclaimed democracy heroes. Saddam was our friend, until he wasn't. Current batch of neocons are splitting the world for endless cold war spending.

by lowkey 4y ago

landemva 4y ago

I don't recall Vietnam or Laos trading much of anything before USA invaded. How about militarydollar or imperialismdollar or neocondollar.

lowkey 4y ago
Check you timelines. Per Investopedia the petrodollar system was established in the mid-1970’s [0] Per Wikipedia, the Vietnam war lasted from 1951-1975 and Laos from 1959-1975 [1] In any case the argument wasn’t that the US only invades countries that try to sell oil in currencies other than USD. It was that anytime a country tries to sell oil in a currency other than USD they automatically become enemies of the US and get invaded. > How about militarydollar or imperialismdollar or neocondollar. I think all those labels are also appropriate now that the Petrodollar system seems to be collapsing with Saudi Arabia, China, Russia and India all exploring the possibility of trading oil outside the dollar. [0] https://www.investopedia.com/terms/p/petrodollars.asp https://www.investopedia.com/terms/p/petrodollars.asp [1] https://en.m.wikipedia.org/wiki/Vietnam_War https://en.m.wikipedia.org/wiki/Vietnam_War
- landemva 4y ago
  > anytime a country tries to sell oil in a currency other than USD they automatically become enemies of the US and get invaded. I agree. It's not a good look for self-proclaimed democracy heroes. Saddam was our friend, until he wasn't. Current batch of neocons are splitting the world for endless cold war spending.