As long as oil is denominated in dollars, we can print dollars(or "create" them electronically) and buy all the oil we
need. Guess what happens when dollars are no longer the currency accepted for oil?
Judge
As long as oil is denominated in dollars, we can print dollars(or "create" them electronically) and buy all the oil we
need. Guess what happens when dollars are no longer the currency accepted for oil?
Pastor Guest
Free E- Book!
"Steps Toward the Mark of the Beast"
The Christian's Guide to the How and Why of
the Coming Cashless/RFID Economic System
Congressman
In other news, Doc Fungcool has bugged out. Okey dokey
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"It was believed afterward that the man was a lunatic, because there was no sense in what he said."
Mark Twain
Congressman
http://www.bbc.co.uk/news/business-17471095
Meanwhile, China is making deals to become the worlds reserve currency.
China has been trying to promote the yuan as an alternative global reserve currency to the US dollar.
It has signed currency deals with many of its trading partners, including Hong Kong and Japan.
That has seen a rise in the amount of Chinese trade being settled in yuan instead of US dollars.
Senator
China has already hooked up with Brazil and Russia. Then, Japan and South Korea, although I don't know if those are completed. Just recently, Australia. And China is doing a lot of investing in various African countries.
China is taking a page from Japan's book: Japan achieved by trade after WW II everything she'd gone to war to get. The US is doing a lot of war but is losing out in the world markets. Seems to be a lesson there.
You're from BATFE? Come right in! I use all your fine products!
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