[STD]

I hope they do this, because then we don't have to pretend we like them anymore

[Echo Talon]

I wonder if they are going to start charging us billions of dollars a year to use their ports for our Navy.

[philman_36]

...moving one-tenth of its dollar reserves to the euro...
Yeah, supposedly the way to effectively destroy America is by making the Euro king instead of the dollar.
I guess we'll all find out how this affects things if it happens.

[Spruce]

We need to develop technology where we can just drill serious-deep and suck that sweet crude out from underneath these cavemen.

[wildcatf4f3]

bttt

[Jaysun]

This would lower the dollar on world currency markets and place inflationary pressure on our economy.

[Reagan Man]

Aljazeera.com ?

From their jihad mouth, to Allah`s ears.

[paul51]

Is it okay for US companies to buy everywhere but it is not okay for other companies to buy the US?”

You might have a point ahab if US citizens were flying planes into your buildings or blowing themselves up in your cities.

[exit82]

With so called allies like this, who needs enemies?

Fairweather friends, at most.They don't care which infidel they do business with.

[TheLion]

When the EURO goes in the tank, we will be laughing our a**es off!

[LibFreeOrDie]

Are George Soros and Warren Buffett betting against the dollar again? Maybe they've asked a few friends to help...

[lesser_satan]

bump for later (MUST...DISPELL...STUPIDITY)

[dennisw]

The game here is for UAE and Saudi to keep your reserves in dollars and we'll protect you. Same as Japan has huge dollar holdings due to cumulative trade deficits but will never dump them or go to the Euro as a reserve currency. So long as it knows we will back them up against China. Taiwan is the same and so is Korea

China is running huge trade surpluses with us and does not want our protection. They're aim is to destroy our dollar protection racket. I have no problem with our dollar diplomacy

[gotribe]

This inching to war with the Bush and Clinton buddies in the house of sawed is driving me crazy. Let's just get at it. I hope the next president is a wild man.

[starbase]

This constant currency threat has 2 important characteristics:

1. It's of our own making. It might only have the affect that is sometimes projected because we don't handle our money well. Even if it's painful, it will be much better for us to handle our money well.

2. This can only be used once. After a painful, even traumatic correction occurs, then the situation will be, well, corrected.

So I say bring it on. Hit our currency as hard as you can because we deserve it for being irresponsible, and because the pain will permanently remove this threat in the future.

Of course there's a big if as to whether the effect even takes place.

[AmeriBrit]

"The head of the United Arab Emirates central bank, Sultan Nasser Al Suweidi, said the bank was considering converting 10 per cent of its reserves from dollars to euros."

---

Considering the slap in the face they got from the lying left and the two-faced RINO's I'm surprised it isn't more than 10%. We can only hope and pray they don't retaliate more and evict our military and stop us using their facilities.

What our so called leaders did over the ports deal is going to effect us all for a long time, and the worst is yet to come.........Thankyou Chuckie and Hitlary!

[afnamvet]

Odd that this speculation piece is from Forex. Any other sources that don't have an axe to grind?

[bboop]

They'll love euros, too. When the EU totally votes itself out of existence, in another few years.

[boycottliberalhollywood.com]

“They are contravening their own principles,” said Al Suweidi. “Investors are going to take this into consideration (and) will look at investment opportunities through new binoculars.”

Hopefully, Americans take a look at this through ”new binoculars“ and see that neither Saudi Arabia nor the UAE are our friends. Allies perhaps, but friends? Nope. Their game plan? Sell us oil at extravagantly inflated prices, then purchase our land right out from under us. Hold our economy hostage and threaten to move their money over to the Euro. Friends? Riiiiiiiight.

[Dallas59]

So Europe is basically a stable collection of countries with a stable currency and has a future without major conflicts? Maybe the Arabs see a different future Europe? One without any development in alternative energy? Maybe the US has something on the energy horizon that will drastically reduce oil consumption and the Arabs know this? Maybe they trust the Europeans to protect/negotiate them from China when China's hunger for oil grows?

[The Lion Roars]

the sooner we stop financing these dacoits the better. alternate sources now!!