Libya was run by a long-governing, popular revolutionary leader -- Muammar Gaddafi -- who in the last decade of his rule, had begun to re-approach Western Powers, and was implementing a gradual (too gradual!) succession, transferring power to his well-educated and articulate elder son, Saif-al-Islam.
Gaddafi even organized meetings and summits with EU partners, in one of which -- an Arab League Summit in his home-town Sirte in September 2010 -- Italian PM Silvio Berlusconi even kissed Gaddafi's hand.
But all of that came too late. The Gaddafis made the worst mistake any sovereign country can make nowadays: they trusted the Western Powers. Huge lesson there!
Contrary to Bahrain, which houses US Naval forces; or Egypt, which is aligned to Israeli geopolitical interests; or Saudi Arabia, Kuwait, Qatar and UAE, which are playing fields for Western oil companies, Gaddafi's Libya kept its oil revenues for the Libyan people. They ran a central bank totally independent of the US Fed, Goldman Sachs, European Central Bank, JP Morgan Chase, HSBC...
They even planned to introduce a gold currency -- the Gold Dinar with real intrinsic value -- to trade North African oil, which would have swept aside the US Dollar and Euro funny-money paper currencies that have been hugely eroded by the bail-out of the Mega-Bankers running the US, UK and EU, as the Chinese understand so well... In other words, Libya was a sovereign country.
Gaddafi even organized meetings and summits with EU partners, in one of which -- an Arab League Summit in his home-town Sirte in September 2010 -- Italian PM Silvio Berlusconi even kissed Gaddafi's hand.
But all of that came too late. The Gaddafis made the worst mistake any sovereign country can make nowadays: they trusted the Western Powers. Huge lesson there!
Contrary to Bahrain, which houses US Naval forces; or Egypt, which is aligned to Israeli geopolitical interests; or Saudi Arabia, Kuwait, Qatar and UAE, which are playing fields for Western oil companies, Gaddafi's Libya kept its oil revenues for the Libyan people. They ran a central bank totally independent of the US Fed, Goldman Sachs, European Central Bank, JP Morgan Chase, HSBC...
They even planned to introduce a gold currency -- the Gold Dinar with real intrinsic value -- to trade North African oil, which would have swept aside the US Dollar and Euro funny-money paper currencies that have been hugely eroded by the bail-out of the Mega-Bankers running the US, UK and EU, as the Chinese understand so well... In other words, Libya was a sovereign country.
