John Kerry: Iran deal tied to petro dollar ....

[Benton]

(08-12-2015, 06:15 PM)Devils Advocate Wrote: Link to make you Think ( Reuters report )


Here's one link to an article backing my claim. However it doesn't take a large leap in logic to understand that without the petro, the dollar collapses. Putting your fingers in your ears and closing your eyes makes no difference.

Backing sanctions is generally pretty unilateral. If I remember right, even Russia was backing economic sanctions against them. Even if I'm remembering wrong, economic sanctions take more than just the US anyway. Look at Cuba. We sanctioned them decades ago. Did it hurt? Sure. Did it end the Cuban way of life? No. Why? Because it was us beating our chests.