Saturday, April 16, 2016

Zero Hedge — Saudi Arabia Threatens To Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks


Blackmail. Hybrid warfare uses many weapons.

From the MMT POV, the threat is nonsense, but US government officials probably don't know that.

The ZH post is interesting, even though out of paradigm with MMT. There's much more going on in the snake pit than just munnie.

5 comments:

Michael Rivero said...

Saudi Arabia knows that the US links 9-11 to every nation it wants to invade. First it was Afghanistan, then Iraq (after which George W. Bush admitted on TV Iraq had nothing to do with 9-11).

Saudi Arabia now finds themselves in the croshairs of the US war machine!

To find out if you are being lied to, look for what should be there and isn't, and what isn't there is a motive for Saudi Arabia to attack the United States on 9-11. Saudi Arabia has grown very rich off of the United States with the petrodollar deal. And they have invested much of that money in the United States. Why would Saudi Arabia do anything that would risk having the United States confiscate that money or end the lucrative petrodollar arrangement? Especially without some compelling reason? And as the Saudi threat confirms, if Saudi Arabia really did want to harm the United States they would not need to crash airplanes into buildings, all they need do is take their investment funds back and the US economy would implode. The resulting economic devastation would make the loss of the World Trade Towers seem like a minor inconvenience in comparison! And it would be perfectly legal for Saudi Arabia to do so.

And let us be honest, it wasn't Saudis who were arrested for cheering and clapping while the towers came crashing down, it was Mossad agents. Israeli owned companies like Odigo received advance warning of the attack. Saudi companies did not.

Fool me once, shame on you. Fool me twice (or thrice) shame on me!

Dan Lynch said...

MofA claims that the Obama administration is threatening to release the "28 pages" implicating Saudi Arabia in 9/11 in order to blackmail the Sauds into toeing the U.S. line against Isis in Syria and Iraq.

Both threats are probably just bluffs.

The Saudi's real power is of course the price of oil, though it's no longer clear that the Sauds have the power to jack up oil prices like they did in the 70's. They could stop the flow of oil and create a temporary price spike but eventually fracking and Iran would take up the slack.

Tom Hickey said...

There is growing concern that KSA's promotion of Wahhabism internationally is becoming a greater threat than terrorism is in hybrid warfare. This may be a warning to the Saudis to cool it or …...

Tom Hickey said...

Should be "than terrorism is useful in hybrid warfare"

Matt Franko said...

I'll bid 10 on all the 30-yrs they have....