boatingaccident on Nostr: Were there massive thefts as a result of the US regime’s wars in the Middle ...
Were there massive thefts as a result of the US regime’s wars in the Middle East?Absolutely.
However I seriously question these numbers. The entire market cap of gold is around $16 trillion. Let’s be exceedingly generous and say that 1/4 of that was stolen.
That would still leave $46 trillion left of the claimed number that was stolen in Iraq. The worldwide annual production of oil is ~$2 trillion. Again let’s be exceedingly generous and say 1/4 of that was stolen too. At that rate of theft, you’d still need 96 years to completely close the remaining gap to get to those claimed numbers. Given that the US invaded Iraq in 2003 then they’ve just passed 20% of the way there.
Even assuming the entire $16T market cap of gold was stolen and the entire $2T worldwide annual production of crude oil was stolen, that would still take 17 years to add up to $50 trillion. It would’ve taken from 2003 to 2020 where there was absolutely zero gold anywhere and absolutely zero gasoline and other petroleum products. We would have noticed that one.
This is besides the fact that if Iraq had $50 trillion dollars in wealth in 2003 they’d have certainly been able to fund a military that would’ve been a far more serious threat in the conventional sense to the invading US forces. This also clearly did not happen.
Yes you should question the regime and its horrific policies. Yes you should assume that those operating the regime are acting out of bad faith and for personal gain. However when you throw out claims that are so out of line with anything that is even close to plausible reality you end up hurting your case far more than you help, as you seem like a crackpot to anyone with the patience to spend 5 minutes using a search engine.
Source for gold market cap: https://companiesmarketcap.com/gold/marketcap/
Source for crude oil annual production value: https://www.visualcapitalist.com/how-big-is-market-for-crude-oil/
However I seriously question these numbers. The entire market cap of gold is around $16 trillion. Let’s be exceedingly generous and say that 1/4 of that was stolen.
That would still leave $46 trillion left of the claimed number that was stolen in Iraq. The worldwide annual production of oil is ~$2 trillion. Again let’s be exceedingly generous and say 1/4 of that was stolen too. At that rate of theft, you’d still need 96 years to completely close the remaining gap to get to those claimed numbers. Given that the US invaded Iraq in 2003 then they’ve just passed 20% of the way there.
Even assuming the entire $16T market cap of gold was stolen and the entire $2T worldwide annual production of crude oil was stolen, that would still take 17 years to add up to $50 trillion. It would’ve taken from 2003 to 2020 where there was absolutely zero gold anywhere and absolutely zero gasoline and other petroleum products. We would have noticed that one.
This is besides the fact that if Iraq had $50 trillion dollars in wealth in 2003 they’d have certainly been able to fund a military that would’ve been a far more serious threat in the conventional sense to the invading US forces. This also clearly did not happen.
Yes you should question the regime and its horrific policies. Yes you should assume that those operating the regime are acting out of bad faith and for personal gain. However when you throw out claims that are so out of line with anything that is even close to plausible reality you end up hurting your case far more than you help, as you seem like a crackpot to anyone with the patience to spend 5 minutes using a search engine.
Source for gold market cap: https://companiesmarketcap.com/gold/marketcap/
Source for crude oil annual production value: https://www.visualcapitalist.com/how-big-is-market-for-crude-oil/