Weapons of Mass Financial Destruction

As you recall, I discussed the first shot fired against Iran back in January. It was not a conventional blast. It was a weapon of mass financial destruction. It occurred when Swiss banks notified Iran that they would no longer do business with Iran. Even though it did not make a great deal of noise, it was powerful just the same. It forces Iran to take action. Action that could result in a conventional attack against Iran or Syria or both in the near future. 

Now in the last week we read of more WOMFD going off around the world. These attacks however were fired against the US. In the last month China and Russia have diversified their reserves by purchasing Euros. Last week Venezuela and Cuba diversified their reserves into Euros. Last week Iran and Syria totally converted their reserves to Euros. For these two countries, this was not a diversification, but a total conversion to Euros.

This is exactly the same thing that Iraq did just before the US bombed Iraq. Now you may say that Iran and Syria would be stupid to do such a thing, but the reality is, they were forced into it by the previous bomb dropped by the Swiss, with Bush's blessing I'm sure. Don't think for a moment that Bush does not understand the ramifications of his actions. He knows full well what is happening.

This is a high-stakes, politically charged game we are playing now. It has the potential to draw many countries into the conflict. It also has the potential for devastating our fragile economy. Stay tuned, the year is just getting started.