Unintended Consequences of Iranian SanctionsSubmitted by JFTDDS on Fri, 02/10/2012 - 12:19
Most of us are familiar with the term, "blowback." It seems the isolationist sanctions we've placed on Iran may finally lead to the decoupling of the petro-dollar advantage we've enjoyed for decades. (Currently, nations can only buy their oil using the U.S. Dollar).
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