Libya Continues to Go Back and Forth, USD Hurting

Unlike Iraq or Afghanistan US involvement in Libya has been kept as minimal as possible and despite the financial expenditure the operation has been fairly effective. Libyan forces still remain powerful but the Rebels have been able to push back and resist the attacks of government forces. If US involvement continues and this conflict escalates the USD will be falling against other majors on the online forex exchange, stay on top of what is occurring and be sure to look for other indicators as well. Libya’s future remains very much unclear and Gaddafi aims to repel all foreign “aggressors” at any cost.

The fact that Gaddafi also has the support of a large number of Libya’s citizens is not a good sign for the Rebels. This means that in all likelihood Libya will experience a civil war that will rock it to its foundation, the likelihood of genocide is incredibly high since Gaddafi has pledged to go “from house to house” killing anyone who has opposed him. Already there have been sniper attacks against civilians and military personnel alike as Gaddafi struggles to quell this revolution and regain control of Libya. If the crimes against humanity continue Gaddafi will likely see a dramatic increase in US involvement to the point of a possible ground war.

The United States has repeatedly insisted that they have no intention of invading Libya, the same goes for other members of the UN, however the continued condemnation of Libyan conduct continues. This condemnation could eventually result in further intervention by UN forces if need be, the murder of people for their political beliefs is a crime which is not tolerated in the international community. China and Russia continue to abstain from any interference and say that the United States and other members of the UN have over stepped their authority.