Trade with EU? Can you tell me what does EU have to trade? Most of EU money is derived from arms sales, oil and gas companies like BP, Total etc and shipping companies to ship oil & gas which depend on Arab oil money. So, Turkey is just getting a share of the oil money in an interdependent manner by intertwining its economy with EU. But, they source is still Arabs.
Again, this is not correct. Erdogan could never have been so successful without backing from some rich country. The only ones who would do that are Arabs. It is a known fact that Qatar is the biggest sponsor of Erdogan. Turkish defence programs are also funded by Qatar. Without any financial backing, Turkey is a bankrupt country with no resources and low technology base. USA and EU would have sanctioned Turkey to sabotage its defence programme just like Iran or north Korea was sanctioned. The only reason why Turkey is able to withstand this is due to backing by Arabs.
EU has internal oil enough for 2 years of consumption. Only 2 countries have oil - UK and Norway. The total oil amounts to 12 billion barrels.
These trucks, cars, medicines etc use oil. Without oil, there will be none of them in the first place. So, where will EU get these things for its own people if Muslims cut oil?
The dollar is a result of Petrodollar. Without petrodollar, the currency of western countries would be worth nothing. Most of the FDI are simply money that went out of the country and hence won't be coming back. Muslims on the other hand have oil reserve under their feet which is used to supply oil to the world daily. The FDI is just a thing if the past and not something useful in the future.
New Recruit
That was 2015 when pkk launched urban war in SE Turkey plus there were lots of isis bombing of course the tourism suffered but some people who aren’t educated much think that russian joke economic measures were the most important for erdogan’s letter to putin the gulen issue was key event too
You talk so much trash that I am really surprised that you even know to read history books! What rubbish are you talking in the first place?
Turkey was conquered by UK in WW1 and henceforth Turkey remained under UK-USA rule. The very reason Turkey is part of NATO is because Turkey was a puppet state of UK-USA and useful due to its ability to block Bosphorous straits. If Turkey was not a puppet state, it would not be NATO country in the first place. Turkey is a bankrupt country who is funded and sponsored by USA-UK with Arab Petrodollar.
Turkey was a vassal state with leaders imposed by USA-UK and hence was considered moderate. Ataturk was an agent of the west and not a real leader on his own. The real leaders were eliminated by coups every now and then and hence Turkey was considered as NATO ally.
House of Sauds didn't even have food supply to challenge Ottomans. They were tribals living in poverty. Oil was discovered only after WW2. So, it has got nothing to do with Arab-Ottoman rivalry. There was no real rivalry between Arabs and Ottoman at all. Ottomans lost WW1 and hwnce Arabs decided to split instead of being conquered as vassals by UK-USA.
No, UK oil reserve is in 5 billion barrels which is extractable. Rest are just resources. Only about 45-50% of oil is extractable. UK has been extracting since 1980 and hence lot of used up oil field with unextractable resources remains. I am only talking of extractable oil, not total resources.
USA oil is not enough. USA itself is a net importer of oil, though most of it is Canadian oil. So, Muslim oil is the only hedge against Russia. EU doesn't have oil reserves more than for 2 years. Only countries like Norway and UK can survive on their own oil for sometime if they don't share it with other EU states. Other countries will collapse in that case.
Nonsense. Where do you learn these garbage information? USA was forced to go on energy independence as Arab countries were arm twisting USA. USA oil reserves is not much and will run out by 2030 at this rate of production but is compelled to produce due to Arab arm twisting. The 2014 oil price crash was not due to USA shale oil but due to newly elected government in India who changed the global power equation..
Saddam was never the boss as he didn't have support from KSA, UAE, Kuwait, Qatar etc. These countries produce most of the oil and they suddenly raised oil production by 60-70% in 1985 to compensate for any losses from Iraq, Russia and Iran and also arm twist Iran and Iraq as they were engaged in a war at that time. This combined with Iraq invading Kuwait, created weakness of Iraq. If Saddam hadn't invaded Kuwait or engaged in war with Iran, Saddam could have been much more powerful.
Again arbitrary statements without any basis. It is true that none is forcing dollar on Arabs but the reason behind Petrodollar is an alliance against atheist USSR, not stability of US dollars. USA dollar was in no way stable. It is stabilised due to Petrodollar and consequent globalisation of dollar. FDI stats make no sense. None is speaking of stability of countries but of might and self sufficiency. For that matter, Cuba is a very stable country but is it mighty or self sufficient?
Tax laws make it tax haven, not rich. You can call tax havens as rich as it is not their money but someone's money being channeled via them.
Again, talking shit. USA dollar is the currency of all those countries who have adopted it at the request of USA. Arabs have adopted dollar at the request of USA and hence it is Arab's currency too. USA has to accept Arabs' terms while printing dollars.
What nonsense! Why do Arabs need interest from USA? USA interests are just based on deficit which is useless. Unless it is pegged to something usable like rice, gold etc, Arabs don't need interest. Arabs have near Monopoly in oil exports. There is no need for being competitive.
The point here is that USA dollar is pegged to Arabs currencies rather than other way around. USA needs Arab oil more than Arabs needing USA goods. So, it is USA who have to obey the terms of Arabs for the dollar. Arabs didn't beg USA to peg their currency to dollars but it was USA who became desperate after oil sanctions in 1973 and hence begged for pegging of oil to dollars
