Hysteria Over Iran and a New Cold War with Russia: Peak Oil, Petrocurrencies and the Emerging Multi-Polar World
By William Clark
Global Research, January 06, 2007
6 January 2007
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The 21st century will likely be defined by three overarching forces: climate change, Peak Oil, and macroeconomics.

The twin issues of climate change and Peak Oil are intertwined variables, and each represent extremely important phenomena that have slowly gained some public awareness. However, the third issue, macroeconomics in its geopolitical context, and more specifically the global trends regarding petrocurrencies, remains essentially unreported by the five US corporate media conglomerates.

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