Thursday, July 2, 2015

Are Sanctions An Excuse For Stealing A Nation's Money ???

The US and the EU are no strangers to looting from others. When financial sanctions were imposed on Libya by the US and the EU, Libyan funds and the interest it accumulated were appropriated and even illegally used by these actors. In this regard there are important questions about why the US is trying to keep the sanctions or end them in phases.

Are Iranian financial assets and funds really frozen or are they also being utilized as loans or collateral? In other words, have Iran’s frozen funds been channeled elsewhere by the US and the EU to make up for their own economic problems and the economic war against Russia? Do the financial liabilities of those holding Iranian funds exceed their financial assets? More simply asked: can the countries that froze Iran’s money pay Tehran its money back or are they stalling, because they cannot return all the money that was frozen under sanctions?


The position of the US and France are excuses to avoid lifting the sanctions on Iran and to avoid returning Iranian funds. Their goal is to neutralize the Iranian nuclear energy program while keeping the sanctions and appropriating Iranian funds. This is why the frame of time for Washington’s promises to remove the sanctions have no guarantees. The US is trying to impose legal obligations on Iran without any guarantees on the removal of sanctions. Washington’s promises to remove the sanctions also gradually become longer, changing from six months to a year to over a year, and have had additionally conditions placed on them.


Aside from the strategic considerations and dimensions of the nuclear negotiations, it should come as no surprise if Washington is stonewalling a final agreement to help the US and the EU continue siphoning Iran’s earnings. After all the US is in the midst of an economic war and fighting to keep the US dollar’s position as the top currency of the world while the EU is experiencing economic decline. The EU, however, is in a predicament; even if it wanted to keep Iranian funds and continue the sanctions, it still needs to start large-scale trade with Iran to mitigate its economic decline and negative effects from the EU sanctions against Russia.


You can read the rest @

http://www.globalresearch.ca/is-a-nuclear-deal-with-iran-being-stalled-because-the-west-cant-pay-tehrans-money-back/5459994

This makes perfect sense. The US will do just about anything to stay afloat, including stealing from Iraq, Libya, and Iran.


This would also explain why the US cannot immediately return the gold of the nations (and US states) who have asked for it to be returned. The gold has been stolen, sold, or rehypothecated.


The US financial system is rotten to the core. Its fall is going to be VERY ugly.

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