America’s Landlord (It’s Not Who You Think)
According to one theory, oil is the international currency. Might as well be.
Now, putting aside all feelgood rhetoric and wishful thinking, let’s ask the unspeakable question — how much is America worth? According to this calculation, the United States of America is worth 400 billion barrels of oil.
And it just so happens that the combined oil reserves of Saudi Arabia and Iran are approximately — 400 billion barrels of oil. SOLD!
“For Sale: One used country. Fixer upper. Needs a lot — a LOT — of repair work after years of abuse and neglect. No guarantees. As Is.”
And you were worried about China being our landlord??? You wish!
The author of this article, Scott Burns, says: “When we asked ‘How much is that in dollars,’ we usually liked the answer. But it may be time to ask another question: ‘How much is that in barrels of oil?’ Trust me, others are doing exactly that. That’s when the world starts to look very different. It also looks more than a little scary to the U.S.”
How do you say “Project For A New American Century” in Arabic?
cross-posted at Bring It On!
Labels: America worth 400 billion barrels of oil, Iran Saudi Arabia 400 billion barrels of oil, oil currency, Scott Burns