Chapter 110 Air Defense System

On 1 February, the United States suddenly declared its right to carry out military strikes against Iraq without warning.

Luo Tiancheng was shocked when he heard the news, what happened to Saddam Hussein, how often he provoked the United States, and from this news, he knew that Saddam Hussein was not an ordinary provocation, and now in the current situation, it seems that there is no good fruit to eat if he offends the United States.

"Juggernaut, Saddam Hussein is here!" When Luo Tiancheng knew this news, he had already determined that Saddam Hussein would definitely come, after all, except for the Xingyue Organization, no country or organization dared to help himself like the Xingyue mercenaries during the Gulf War, and although there was secret support, it was only a drop in the bucket, although Saddam Hussein was dictatorial, he was not a blind man.

After all these years, from the oil fields controlled by the Xingyue Organization, a steady stream of funds have been gathered, which has restored Saddam's confidence, and during the Gulf War, those who were bullied by the modern war had no ability to resist, of course, it cannot be said that there was no resistance, after all, nearly 700 planes were killed, and 90% of the elite troops were preserved, of course, with the help of the Xingyue Organization.

In the past six years, Saddam Hussein has placed a lot of orders for weapons and equipment from Luo Tiancheng, and Luo Tiancheng has not refused to come, especially after the disintegration of the polar bear in the past, Saddam Hussein, who has no source of weapons, has a closer relationship with the Xingyue Organization.

"President, how are you in the mood to come here today? It seems that the United States is keeping an eye on you now. Luo Tiancheng jokingly said, with the relationship between Luo Tiancheng and Saddam Hussein over the years, it is naturally okay to make some small jokes.

"It's not the first time for Mei Lao! I'm used to it. This time the United States mainly thinks that my settlement of oil in euros has affected their Franklin hegemony. Saddam Hussein understood in his heart why the United States was so angry.

Luo Tiancheng knows that this is the oil Franklin system that the United States has been pursuing:

In July 1944, on the eve of the end of World War II, delegations of 44 Allied countries negotiated at Bretton Woods, New Hampshire, USA, and reached a series of agreements aimed at establishing a post-war international monetary and financial system. The international monetary and financial system provided for in this series of agreements came to be known as the "Bretton Woods system".

At its core, Franklin is pegged to gold, and other currencies are pegged to Franklin. The World Bank and the International Monetary Fund were also established during the negotiations. The Kuomintang government at that time also sent a Chinese delegation to participate in the multilateral negotiations.

In the 1970s, the Bretton Woods system was no longer sustainable. As a result of the Triffin dilemma, trade and fiscal deficits made it impossible for the United States to guarantee a fixed price relationship between Franklin and gold. On August 15, 1971, U.S. President Richard Nixon announced that the U.S. government would end its obligation to exchange gold for gold at the rate of 35 Franklin an ounce.

The decoupling of Franklin from gold became the most important event in the international monetary and financial system after the end of World War II, and inevitably had a negative impact on Franklin's credibility. In order to save Franklin, and at the same time to ensure the energy and financial security of the United States, the U.S. government began to use international oil trade as a breakthrough to find a solution.

In the case of Henry, then US Secretary of State? Kissinger's diplomatic team began with a series of negotiations with the Saudi Arabian royal family, culminating in an agreement in 1974. The main contents of the agreement are: on the one hand, the United States will sell military weapons to Saudi Arabia, and at the same time guarantee the security of Saudi Arabia's homeland from being violated by Israel; On the other hand, in return, all of Saudi Arabia's oil exports must be denominated and settled entirely in Franklin.

In other words, when Saudi Arabia exports oil to foreign countries, it only accepts Franklin. At the same time, Saudi Arabia used the Franklin surplus from oil exports to buy U.S. government bonds. The agreement between the United States and Saudi Arabia laid the initial institutional groundwork for the formation of the "oil-Franklin cycle".

Because Saudi Arabia is the largest oil exporter and has a wide appeal among Arab countries in the Middle East, by 1975, almost all OPEC members began to follow Saudi Arabia's example and became part of the "oil-Franklin cycle": selling oil at Franklin-denominated and settled prices; On the other hand, Franklin's proceeds were used to buy U.S. Treasury bonds.

From "Gold Franklin" to "Oil Franklin"

Because the establishment of the oil Franklin system not only increased the international demand for Franklin, but also rebuilt Franklin's credibility and its position in the international monetary and financial system after the collapse of the Bretton Woods system. In this sense, the "oil Franklin system" can be regarded as a successor to the Bretton Woods system, and a substitute or supplement to the "golden Franklin system".

When Franklin was no longer pegged to gold, oil replaced gold to some extent as Franklin's credit endorsement, helping to continue to ensure Franklin's centrality in the international monetary system.

More importantly, the oil Franklin agreement between the United States and the Middle East oil exporters was not only relevant to both parties, but also affected the evolution of the entire international monetary and financial order after that. A simple example is that if other countries such as Japan and China want to buy oil from the international market in the future, they need to first accumulate Franklin or borrow Franklin from the financial market.

As a result, more exporters of goods other than oil will choose to settle in Franklin rather than other currencies in international trade in commodities other than oil. Therefore, the "oil-Franklin" system has a guiding effect on the formation of the "commodity-Franklin" cycle in the future.

For the United States, the oil Franklin system is clearly more popular than the gold Franklin system. Because under the oil Franklin system, the issuance of Franklin does not need to be supported by a fixed proportion of gold, and the United States does not need to bear the obligation to exchange gold according to a fixed comparison.

In addition, as part of the oil-Franklin system, the United States has an "obligation" to provide military protection and weapons support to Middle Eastern oil-producing countries. In order to fulfill this obligation, the United States has taken the opportunity to expand its military capabilities in the Persian Gulf region, including the construction of military bases, regular patrols, and additional military garrisons.

Saddam's use of the euro to settle oil naturally affects the hegemony of the US currency, and the euro is also a thorn in the side of the United States, and Saddam's move has touched the core interests of the United States, and the United States certainly wants to get rid of it as soon as possible.

"I'm here this time, not why, I want to buy more anti-aircraft missiles and equipment from you, we have used your weapons, and we know the performance of your weapons." For the sake of his own country's security, Saddam naturally thought in this regard.

"Of course, it can." Luo Tiancheng didn't want this president, who had a good relationship with his organization, to be killed by someone else one day, if it was another person, maybe he would not allow his armed forces to be in Iraq, but now Iraq occupies an important strategic position in Luo Tiancheng's mind.

"Also, I would like to ask if you can help me build a network of air defense systems in Iraq!" This is Saddam's purpose, the former polar bear has done a set in Iraq before, but the final effect is not high, but Saddam believes that the Star and Moon Organization can complete it, and in the past 6 years of contact, he naturally knows the strength of the other party.

Luo Tiancheng was silent for a while, the air defense system network can indeed guarantee Iraq's status, and in later generations, the United States and the United Kingdom, which is following the United States, have a high probability of attacking Iraqi cities. Luo Tiancheng has changed the direction of the whole world, and he is not sure whether what will happen in the future, so he can only say that it is possible.

"Yes!" Luo Tiancheng agreed.

"Thank you very much, my friend, this is what we paid! All you have to do is sign it. Saddam handed over the documents that had been prepared to Luo Tiancheng, Luo Tiancheng saw it, his face changed greatly, he really didn't expect Saddam to be willing to spend such a big amount of money this time, Luo Tiancheng looked at Saddam Hussein curiously.

"Haha, I know that our current life is the same as the living standard of your Star and Moon Organization after it settles in, we both belong to the Arabs, and Iraq can only be truly called an independent country with your help, and it is not limited to people!" Saddam Hussein may have thought of the United States, laughing and at the same time full of resentment towards the United States, because he only wanted to realize the reunification of Middle East countries, and the United States repeatedly intervened in Middle East affairs for its own interests.

Luo Tiancheng felt that Saddam Hussein seemed to be explaining the aftermath, and it was estimated that the Gulf War had exhausted the ambitions in Saddam's heart, knowing that now was not what it used to be, and that the big powers above wanted to intervene as long as there was chaos in the Middle East because of the oil in the Middle East. Moreover, European and American countries do not allow the reunification of Middle Eastern countries.