Undersea Cable Cut Circumstances Examined

I Don't Believe in Imaginary Property writes "Wired has a good review of all the recent undersea cable cuts and why it's suspicious, but unlikely to be a conspiracy. So far, there are only four cut cables (the 'fifth' was weeks ago) in two different locations. Of course, a cable is damaged once every three days, on average, and there are 25 ships that do nothing but repair them. While the timing and locations are a little odd, Iran has been online the whole time, even if some of their routers weren't, and none of the conspiracy theories really add up. In a recent interview, TeleGeography Analyst Eric Schoonover said, 'I think that this is more along the lines of coincidence.'"

Comments

If a conspiracy, here is the likely motive

[spun]

Disruption of the planned opening of the Iranian Oil Bourse this week. Suspicious, the Iranians were about to start trading oil in Euros on the 11th. That would send the dollar into a tailspin and all but destroy the US's already shaky credit rating in the rest of the world.

It wouldn't take much to disrupt trading. This also explains why the cuts were reported so widely. It's a message to would be Euro oil traders: the US is simply not going to allow this to happen. We will do anything it takes to disrupt non-dollar trade in oil. The dollar must remain the world's reserve currency if our economic house of cards is to remain standing. The Iranian Oil Bourse is potentially more damaging to the US than an Iranian nuke.