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Arab States launch secret move to stop using dollar for oil trading
Drudge ^

Posted on 10/05/2009 3:12:43 PM PDT by benjibrowder

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To: Palin Republic
"These plans will change the face of international financial transactions," one Chinese banker said. "America and Britain must be very worried. You will know how worried by the thunder of denials this news will generate."
61 posted on 10/05/2009 5:43:23 PM PDT by optiguy (Government does not solve problems; it subsidizes them.----- Ronald Reagan)
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To: benjibrowder

Do not worry my little grasshoppers> To those who would dump the US dollar....

....it will not have its intended effect.

It will only liberate US.


62 posted on 10/05/2009 8:09:12 PM PDT by Rufus92407
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To: stevem

Actually bafoons have been wrecking this economy for a lot longer than the last 13 months. Obummer has made things worse with his hate America foreign and UN policy, spending and bailouts and bankster total power.


63 posted on 10/05/2009 8:14:27 PM PDT by SaraJohnson
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To: autumnraine

Politicians have been bought by agribuiness big time.


64 posted on 10/05/2009 8:25:19 PM PDT by SaraJohnson
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To: SaraJohnson
Actually bafoons have been wrecking this economy for a lot longer than the last 13 months

Indeed they have. The liberals have been trying to bankrupt us since 1965, at least, and it is pretty amazing to have a president that sincerely hates his country.

65 posted on 10/05/2009 9:22:16 PM PDT by stevem
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To: autumnraine; All

Thanks for the link showing that the dollar has fallen over 15% in the last 6 months (good article).

There is no rational way out of this mess. Even if there were a rational way out, then we would need to replace about 2000 key leaders in Washington in order to execute on the plan at the proficiency required.

It is more probable that there will be a chaotic unwiding ... like when you break a large spring under excessive tension. That type of chaos is best predicted by history ... and those comparables are not pleasant.

Just a short time ago we laughed at the bread lines and martial law in Russia ...


66 posted on 10/06/2009 7:16:41 AM PDT by Nobel_1 (bring on the Patriots!)
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