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Thursday, March 3, 2011

Middle East revolutions and the fate of the petrodollar http://usa.mediamonitors.net/content/view/full/83805

"The practice of dangling democracy before the Arab world as both a reprimand and a fantasy yanked out of reach by US-funded dictators has paid back a somber coin. The revolutions came at the worst possible time for empire, when a diversifying energy landscape is threatening the US’s role as prime energy controller and by extension, the very financial system guaranteeing the Almighty Dollar. And then the bill for its $14.13 trillion dollar deficit will finally be stamped and addressed to a US that is already taking stock of its derelict house."

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