Tag: American Century

NOVANEWS By F. William Engdahl Global Research The American Century, so triumphantly proclaimed in a 1941 Life magazine editorial by US establishment insider Henry Luce, was built on the control of oil and on an endless succession of wars for that control of global oil. Now, ironically, with the illegal and unilateral cancellation of the Iranian nuclear agreement by the US President, oil may be set to play a key, if unintended, role in the downfall of the global hegemony of that same American Century. Each element of various countries’ recent and increasing steps to get away from dollar dependency, in and of itself is insufficient to end the domination of the US dollar through Washington’s ability to force other countries to buy or sell their oil only in dollars. Yet each unila...