- Dec 27, 2009
- Reaction score
- Los Angeles, California
Since it's the US military driving the instability in the Middle East, maybe we need a new way to prop up the US dollar?If that middle east oil gets endangered we will know about it pretty quickly. Perhaps eve go back there for another round of wars.
The Hard Fist of American Imperialism | Michael Hudson
"Most of these countries in Asia get dollars from US military spending.
"They say, 'What are we going to do with the dollars?'
"They buy US Treasury bonds, which finance the military spending on the military bases that encircle them.
"So they’re financing their own military encirclement!"