Article

2006-01-20 Syria-Lebanon-Iran

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Anonymoose 2006-01-20 08:53|| || Front Page|| [11130 views since 2007-05-07] Top

#1 It would help to know how large Iran's foreign investmnts were. and debt. roughly. 500 billion?

Yes, Iran has started withdrawing money from European banks and transferring it to other banks abroad

good luck lol

Posted by RD 2006-01-20 10:43|| 2006-01-20 10:43|| Front Page Top

#2 Iran's foreign currency reserves are about $50 billion. Don't know how much of it is in European banks.

Posted by ed 2006-01-20 11:00|| 2006-01-20 11:00|| Front Page Top

#3 It makes sense if the balloon goes up and Teheran expects one or more Euro cities to be whacked with nukes. As the old saying goes "follow the money".

Taken together in context with M. Chirac's statement on retaliation it appears possible that there is some knowledge/suspicion that the Mullahs may have more in their war chest than we publicly expect.

Time to extend our territorial waters to 1k Miles and board or sink any unidentified ships within that zone.

Posted by DanNY 2006-01-20 11:26|| 2006-01-20 11:26|| Front Page Top

#4 Kimmie's Toy Bank got shut down for passing funny money. So that's out.

Posted by mojo">mojo 2006-01-20 15:43|| 2006-01-20 15:43|| Front Page Top

#5 ...nobody in Asia, except maybe Kimmie, will hold it for them against the wishes of the US. I'm sure several will volunteer, at astronomical interest rates, but when push came to shove will halt transactions until the moon left orbit, keeping the "float" in the meantime.

Off the top of my head, here's some possibilities:

Brunei
Macao
Malaysia
Myanmar (not ideal, but if there's government-to-government relations, there could be a deal, like an Iranian bank opening a branch there)
Lastly, there's China.

Posted by Pappy 2006-01-20 19:23|| 2006-01-20 19:23|| Front Page Top

#6 China will be happy to bank the money.

Posted by Sock Puppet OÂ´ Doom 2006-01-20 20:41|| 2006-01-20 20:41|| Front Page Top

#7 That's an interesting point, where is the money being banked?

Posted by Redneck Jim 2006-01-20 20:48|| 2006-01-20 20:48|| Front Page Top

#8 "Yes, Iran has started withdrawing money from European banks and transferring it to other banks abroad,"

Remember the premise of Goldfinger? Make Fort Knox radioactive and Goldfinger's assets (gold) increase in value?

Why not nuke the banks where the Iran-a-nuts hoard their cash, and everyone else's values rise!

Hmmm.... Am I missing something?

Posted by Bobby 2006-01-20 22:03|| 2006-01-20 22:03|| Front Page Top

17:43 CaziFarkus
23:55 ex-lib
23:54 Salman Rushdie
23:30 Bomb-a-rama
23:29 DMFD
23:25 JosephMendiola
23:20 gromgoru
23:15 Sock Puppet OÂ´ Doom
23:12 ed
23:09 gromgoru
23:07 JosephMendiola
23:05 gromgoru
23:01 Frank G
23:00 gromgoru
22:58 JosephMendiola
22:42 Claiger Ulenter9779
22:40 Frank G
22:36 JosephMendiola
22:29 Sock Puppet OÂ´ Doom
22:12 Al Aska Paul
22:12 Bobby
22:11 Bobby
22:09 Bobby
22:06 Bobby