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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject1/13/2003 7:05:58 PM
From: Frank Pembleton  Read Replies (3) of 36161
 
The US Dollar Al Queda's Target of Choice?
Author: James Sinclair
tanrange.com

EXCERPT - A MUST READ!

This interview was sent to Abel Bari Atwan, chief editor of Al Quds, an Arabic-language newspaper published in London, but was never printed, due to its highly revealing [inflammatory?] contents. A copy of the interview came to Foz-do-Iguaçu, and was translated into Portuguese by a university professor in the city's Arab community. This is probably the only existing version of this interview not in Arabic.

Quote:
Al-Jazeera: Does the Al Queda network have the military capacity to make war on the United States?
Al-Asuquf: If we analyze history, we will see that all great wars, before they were started, were based on previously established concepts of war. But if we observe well, we will see that these concepts and strategies came to nothing, since a new type of war was ultimately waged. An example is the construction of the Maginot line by the French before the First World War, which, in reality, proved to be completely useless against the invading forces. Aircraft carriers, nuclear submarines, and spy satellites will be useless in the next war.

Al-Jazeera: How does Al Queda intend to destroy the most powerful nation in history?

Al-Asuquf: It's a question of logistics. Using its own poison, that is, attacking the heart of what they consider the most important thing in the world: money.

Al-Jazeera: How so?

Al-Asuquf: The American economy is an economy of false appearances. There is no real economic ballast to the American economy. The American GDP of is something around $10 trillion, of which just 1 percent represents agriculture, and just 24 percent represents industry. Therefore, 75 percent of the American GDP is service and most of this is financial speculation. For those who understand economics and it appears that the American Secretary of the Treasury, Paul O'Neil, doesn't or doesn't see it, it's enough to say that the USA acts like a huge "dot-com", and dollars, strictly speaking, are its shares.

Al-Jazeera: Can you explain that?

Al-Asuquf: The value of a company's shares is directly proportional to the profitability of the enterprise. When a business is just a service provider and doesn't produce any durable goods, the value of its shares depends on its credibility. Which is to say that if the credibility of the USA were shaken, its shares (the dollar) would fall with incredible rapidity and the entire American economy would begin to collapse.

Al-Jazeera: How can you be so sure of this?

Al-Asuquf: On a smaller scale, it's exactly what large financial groups do to the countries of the third world to reap profits in one month that Swiss banks couldn't get in four or five years.
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