Still pushing the Iran fear-mongering I see. Even though though you are aware of the over-whelming evidence to the contrary. That Iran is a puppet state to Russia & China & completely dependent on them for the nuclear & military capability.http://www.washingtontimes.com/news/2011/jul/5/irans-nuclear-program-helped-by-china-russia/http://meria.idc.ac.il/journal/2004/issue1/jv8n1a7.htmlhttp://www.wisconsinproject.org/countries/iran/nuke-miles.htmhttp://archive.frontpagemag.com/readArticle.aspx?ARTID=29604
As you already know any real negotiations or efforts to do anything about a nuclear problem in Iran has to be addressed with China & Russia. They are Iran's nuclear industry. If & when Iran ever gets the 'bomb' it's because Russia & China give it to them. Plus China & Russia has gone on record stating an attack on Iran is an attack on them.http://www.zerohedge.com/news/china-will-not-hesitate-protect-iran-even-third-world-warhttp://blog.heritage.org/2011/11/02/is-russia-becoming-irans-diplomatic-godfather/http://www.reuters.com/article/2012/01/13/iran-russia-nato-idUSL6E8CD2XU20120113
So unless US is ready to start WW3 it's all sabre rattling as you well know. Sabre rattling for cover of the economic alliances being built behind the scenes. Which you already know about.
China is working behind the scenes to establish its currency at the reserve currency by taking direct action against the US dollar current status.
Back in October China announced a new bank that would trade in the Yuan with an invitation towards South Korea & more importantly Japan. http://www.reuters.com/article/2011/10/27/us-china-asean-financial-idUSTRE79Q2F520111027
On December 25 China & Japan announced direct trading with the Yen & the Yuan no longer trading with the US Dollar. Remember Japan is the 2cnd largest consumer of Iranian oil, now they can just buy Iranian oil from China instead of Iran.http://www.bloomberg.com/news/2011-12-25/china-japan-to-promote-direct-trading-of-currencies-to-cut-company-costs.html
December 25 Japan also announced it would be investing in Chinese Government Bonds as well.http://www.reuters.com/article/2011/12/25/us-japan-china-bonds-idUSTRE7BO06G20111225
December 28 Japan loans India 15 Billion to shore up Rupee against Western/European currency crisis pulling the 3rd largest Asian economy into dependency on the Japan/China alliance and way from the US.http://www.bloomberg.com/news/2011-12-28/japan-india-seal-15-billion-currency-swap-arrangement-to-shore-up-rupee.htmlhttp://www.bullionstreet.com/news/indias-gold-for-oil-deal-with-iran-to-boost-the-bullion/898https://rt.com/news/iran-india-gold-oil-543/http://www.forexcrunch.com/gold-for-oil-india-and-iran-ditch-dollar-report/
"According to a new and yet unconfirmed report, India bought oil from Iran using gold. India certainly has the gold resources to fund the oil,"
"The step joins Russia and Iran’s announcement to begin trading in their own domestic currencies rather than use the US dollar"
These are major steps in China's growing global alliance, especially the moves that are consolidating partnerships with historical US allies such as Japan, South Korea, & India.
It was just two years ago in December that Russia & China agreed on direct trade of currency as well.http://www.nytimes.com/2010/12/15/business/global/15iht-ruble15.html
These are huge stories with major & lasting impacts you are not hearing discussed on corporate media opinion news.
On December 7 Chinese President Hu Jintao told the Chinese military to "prepare for war"? http://www.bbc.co.uk/news/world-asia-china-16063607
One Jan 5, 2012 The US announce a new military re-organization plan - Chairman of the Joint Chiefs of Staff, General Martin Dempsey said -“All of the trends, demographic trends, geopolitical trends, economic trends and military trends are shifting toward the Pacific. So our strategic challenges in the future will largely emanate out of the Pacific region"http://articles.boston.com/2012-01-06/news/30598597_1_asia-pacific-defense-secretary-leon-panetta-defense-strategy
Two days later, China just warned us about our newly announced military strategyhttp://www.nytimes.com/2012/01/07/world/asia/chinese-news-agency-xinhua-warns-us-against-militarism.html?_r=1&ref=china
In summation - What the China led economic coalition is doing to the US is the exact same policy the US is doing to Iran through economics.
These are all the by products of the on going major power shift from the West to the East.
This is the current Japanese view & assessment on the power shifthttp://nippon.com/en/currents/d00006/
Currencies and the International Order During a Global Power Shift
It's not like it was not anticipated this article from the CFR's Foreign Affairs magazine, is eight years old.http://www.foreignaffairs.com/articles/59910/james-f-hoge-jr/a-global-power-shift-in-the-making
A Global Power Shift in the Making
So why do you insist on continuing down the fear-mongering road when you & all in the know understands the whole truth of the situation?