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"Such a crash would result in soaring interest rates, hyperinflation, skyrocketing energy costs, massive unemployment and, perhaps, depression. This is the troubling scenario if an Iran bourse gets established and knocks the dollar from its lofty perch. And this is what makes the prospect of war, even nuclear war, so very likely."
Okay, so our co-stater, Mike Whitney, says Iran CAN break the dollar. It is interesting, as he notes, that the NYTimes, et al. do not have ANY articles on the Iran bourse problem. I searched both the NYT and Seattle PI and Times. Nada. Zip. You've got to wonder what they're hiding.
SIRATYST (Stuff I Read and Thought You Should Too) “Either the triumph of imperialism and the destruction of all culture, and, as in ancient Rome, depopulation, desolation, degeneration, a vast cemetery; OR, the VICTORY OF SOCIALISM, that is, the conscious struggle of the international proletariat against imperialism.” Rosa Luxemburg
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