Serb's the DL of the Iraqui information minister!
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Originally posted by DanS
Are you kidding? That's Exhibit A. We stole their oil and we're still going to pay them market prices for it.
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take their oil and give them what? Green paper with portrets of your presidents.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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Originally posted by DanS
Who do you think was the biggest purchaser of Iraqi oil before the invasion? The US. How did we pay for it? Green paper.
It's a highway robbery.
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Originally posted by BeBro
What does this mean?I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio
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It means they spent 11 cents or so to print a bank-note of 100 dollars value. Then they change this bank-note aprox. for two barrels of oil and vuala- they bought a barrel of oil for 5,5 cents.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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Your annual import/export deficit is how much? 400 million $ a year? So every year you change something of value (an oil for example) for a sum of 400 million of your green paper and sell nothing in return. Basically every year you just pumping up world with your green paper and still wondering why your dollar drops.Last edited by Serb; November 12, 2004, 17:41.
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The trade deficit is more like $500 billion -- i.e., quite a bit bigger than the entire Russian economy.
But hey, don't blame us. The stuff we get for that green paper is equally useless ****! Trinkets and black water!I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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