Running the World Economy in Reverse
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Figure 4 Memo of January 8, 1973, from U.S. Bilderberg official Robert D. Murphy, containing the United States’ proposed list of May 1973 participants, including Henry Kissinger. The memo is amongst Murphy’s papers at the Hoover Institute.
for the balance of payments of consuming countries. Serious problems would be caused by unprecedented foreign exchange accumulations of countries such as Saudi Arabia and Abu Dhabi.’ The speaker added, ‘A complete change was underway in the political, strategic and power relationships between the oil producing, importing and home countries of international oil companies and national oil companies of producing and importing countries.’ He then projected an OPEC Middle East oil revenue rise, which would translate into just over 400 per cent, the same level Kissinger was soon to demand of the Shah.
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