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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 La
by 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.