Re: [nukkad] Is US Economy already in Recession?

["Dr.M.C. Gupta" <>]

For starters, here is a link to a research study that shows that the real
reason for Iraq war was, and the proposed Iran war, was the desire to save
Dollar. [My view--Blair acted against European interests in clandestinely as
well as openly supporting the Iraq war. A strong Euro would have meant
strong Europe].

***

The Proposed Iranian Oil Bourse
by Krassimir Petrov, Ph.D.
Austrian Macro Economist/Investment Strategist
Commissioned by: J. Douglas Bowey and Associates

January 20, 2006

Reprinted with permission. Originally published on www.lemetropolecafe.com

Abstract
The American Empire depends on the U.S. dollar. The proposed Iranian Oil
Bourse
will accelerate the fall of the U.S. dollar and hence the fall of the
American Empire.

I will look into my archives for links to world war references.

M C Gupta

=======================================


On 1/22/08, Indian Rediff  wrote:
>
> I would appreciate the links to 'experts' that state, explicitly, that
> WWI, WWII were started primarily because of a recession in the US.
> Frankly, this is the first time I am hearing of such a correlation.
>
> Secondly, if such a correlation exists for WWI and WWII, I'd like a
> similar aggression tactic being used by the US to drag itself out of a
> recession for the dates as detailed in the following document:
>
> http://www.nber.org/cycles.html
>
> Even if you can give me wars initiated for the following periods -
> those within our memories - it would be great:
>
> March 2001 thru November 2001 (which is when the last recession in the
> US ended) - note - Afghan war began *after* the recession had ended.
> Iraw war began well after that - and there was no recession ongoing at
> the time or for a couple of years before the invasion began.
>
> July 1990 thru March 1991
>
> July 1981 thru November 1982
>
> January 1980 thru July 1980
>
> Thanks,
>
> Sai
>
> On Jan 22, 2008 10:34 AM, Dr.M.C. Gupta  wrote:
> > This is serious, though not unexpected. It might as well be the
> harbinger of
> > a new war by US. History is witness that whenever recession has hit US
> > economy in the past, it has found an effective antidote in war. The
> first
> > and the second world wars had their genesis in US recession. And, so did
> the
> > Iraq war. the present itch in the US to invade Iran and Syria is
> probably
> > symptomatic of the inevitable consequence of the US recession.
> >
> > NB: The above is not MY thinking. I am neither a historian nor an
> economist.
> > These are views expressed by US experts to which I can give reference if
> > anybody is doubtful.
>
>
> ----------------------------------------------------------------------------
> A bit of fragrance always clings to the hand that gives the rose.
> -Chinese proverb
>
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-- 
Prof. M C Gupta
MD (Medicine), MPH,  LL.M.,

Advocate & Health and Medico-legal Consultant

mcgupta44@gmail.com
www.writing.com/authors/mcgupta44
http://mcgupta44.blogspot.com/


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