Iran Asks Japan to Pay Yen for Oil, Start Immediately

This article relates to the geographic themes of Movement of Goods/Oil and Human-Environmental Interactions/dependence. We in the U.S. are dependant on overseas oil for our economic well being and prosperity. We also gain a benefit not seen in other countries by having oil priced in dollars; that is we have only price volatility, whereas other countries have that plus currency volatility. The author warns us that the era of dollar supremacy is ending, in an orgy of inflation and incredibly bad foreign policy decisions. The culture of Iran has remained constant in spite of the hostility of the U.S., and the rule of gangsters who call themselves clerics. We see that the span of the world is small in an era of cheap energy and we see that our leaders lack wisdom. Yet, due to the intransigence of cultural archetypes, and the distance of space, a student of geography can observe the ultimate futility of the foregoing policies.

Yamanaka, M. (2007 July). Iran Asks Japan to Pay Yen for Oil, Start Immediately. Bloomberg.com. Retrieved July 15th, 2007 from
http://www.bloomberg.com/apps/news?pid=20670001&refer=home&sid=aONF.HEKx.xU

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