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Monday, August 09, 2010

CURRENCY: PERSIA’S OVERKILL WEAPON VERSUS NEW ROME (EU-USA)

Erle Frayne D. Argonza


Observers may be wondering about what revived Persia (Shiite empire) possesses that serves as its leverage in a Manichean ‘clash of civilizations’ with revived Rome (EU-USA). Nukes and petrol (Iran cuts down oil pumping levels) are the most easily identifiable at the moment, and those with Jurassic linear thinking are inclined to forecast these possible leverages.

New Rome (EU-USA) itself has been projecting a rather alarmist tone that had overstressed those leverages as the weapons of its revived ancient enemy. In my analysis, this projection is just a cover-up or ‘decoy’ propaganda by new Rome whose technocratic-military-oligarchic elites know too well the real leverage that Iran possesses.

My contention is that currency will be new Persia’s most powerful weapon versus its ancient adversary. Iran’s ayatollahs and partisan ideologues aren’t dumb, they’ve been preparing for this weaponry a long time ago yet (since after Islam’s take-over of Teheran in the early 80s), and they will use this weapon with determined zeal.

The U.S. intelligence community had actually created dollar-manufacturing machines outside the USA to churn out humungous volumes of the currency that will escape the inquisitive eyes of Congress. The dollars are used for covert operations overseas—to buy weaponry, drugs, gold, and stash assets elsewhere beyond Congress’ prying eyes.

Sadly for the USA and New Rome, one such machine—located inside Iran during the regime of the Shah—fell into the hands of Islamic revolutionaries after the overthrow of the Shah. It would be overstretching naïve posturing if one thinks that Shiite Islam won’t use the machine for its purpose: to produce dollars by the mighty lot.

The Western oligarchy had shown its competence at destroying economies via currency attacks. Recall the devastation of the Asian economies when Soros & cronies waged an organized campaign of currency attacks beginning in June 1997. The offshoot was the Asian ‘financial meltdown’ as we called it then.

It isn’t difficult to recognize that Persia will use the same currency attack to take down the economies of its adversaries. New Rome is already teetering on the edge of a deeper economic collapse that could send it down to 3rd world infamy in the short run, a fact that Persia’s experts and strategists are watching so closely with glee.

Persia may decide to rain dollars on the world’s coffers as a pre-emptive attack versus its ancient enemy. Let’s better take this scenario very seriously.

The moment that dollars will flood the global coffers, by which the dollar will become a mere over-the-counter commodity, both the Euro and Yen will go down in value as well. All those financial, monetary, and merchandise commodities that are dependent on the said currencies will come crashing down from economic roofs as well.

Bellicosity towards Persia will prove to be New Rome’s folly, as we will see later. It may prove more worthy for Rome to cajole its ancient enemy via carrots (diplomacy and merchandise leverages) rather than sticks that can only lead to the eventual destruction of the West in a hot war versus Iran (see previous article).

Even East Asia, which is the global growth driver today, will be severely affected by a crash of the dollar via a Persian currency attack. With gargantuan stocks of dollars stashed in their vaults, a badly devalued dollar will suddenly de-stabilize their domestic economy and external trade as well.

It is futile for the Anglo-European-American oligarchy to decide on nuking Iran in order to destroy its dollar-making capabilities. Vaults upon vaults full of the currency are most likely stocked up all over the planet via the agents and friends of Shiite (that includes mafia operators, corrupt state officials, and dirty bankers) from where the currency can be released like relentless rocket attack weapons.

The Manichean ‘war of the worlds’ betwixt ancient enemies Rome and Parthia will prove to be the most catastrophic of all wars. No one power will win this war at all, although Persia will end up having the last laugh as the West gets fragmented and destroyed.

[Philippines, 24 July 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

1 comment:

Miguel Leyno said...

Very controversial piece. But there's no harm trying to piece it up together in what the analyst foresees things shaping up.