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[03.05.2008] International Investments and Oil Supplies
are in Danger |
American policy is extremely dangerous to both America and
the world. It is a policy of bringing down the
temple on everyone’s head, including its own. Enacting American
laws with the purpose of harming others will
harm America as well. It is a double-edged sword
for obscure American courts to hand down
sentences in absentia. Those sentences, passed
in the presence of corrupt lawyers, aim only at
confiscating the money of others. The lawyers
are accomplices whose goal is to share the
spoils. This sword could turn against America.
International investments have become extremely weary. It is
a known fact that “capital is cautious”.
Investments will shrink. Liquidity will dry up.
The use of the US dollar will be avoided to
reduce risks of rate of exchange fluctuations.
Oil supplies that could be impounded due to
those sentences passed by American courts might
grind to a halt. In order to avert the danger of
America’s expropriation of their money, states
will not allow their assets to leave their
jurisdiction. Otherwise, they might be in danger
of having those court sentences applied to them.
A practical example of this is what Libya did during the
Lockerbie problem. It withdrew its money from
the markets of America and its allies. It
brought that money back for fear it might be
expropriated. The American oil companies
withdrew after sustaining losses. If the new
American law is applied or those court sentences
were enforced, it might do so once again. Iran,
Venezuela and other countries may do the same
thing and withdraw their investments from
foreign banks and other enterprises. They might
decide to stop oil supplies and stop using the
US dollar. America, the proponent of this
policy, will be the loser. American oil
companies might be nationalized, expelled or
have their assets expropriated. They could be
replaced by Chinese companies. In this case also
America will be the loser. This is more likely
to happen if this misguided policy continues to
surge forward and to be used as a pretext to
seize investments outside America. This will
only lead countries with foreign investments to
bring back their investments to their local
markets. In that way they will be able to keep
them as assets unless America reconsiders its
destructive policy.
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The Green Book



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