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You've already concluded with "good luck..." and I did likewise. Just incase: Good luck and it was a pleasure debating with you!
haha - that's what I thought. Perhaps you should step back off the conspiracy edge until you have corroborating evidence for your claims regarding motivation and intent. (I'll concede the polio... )
haha - that's what I thought. Perhaps you should step back off the conspiracy edge until you have corroborating evidence for your claims regarding motivation and intent. (I'll concede the polio... )
Yes, I agree with you. Thanks for setting me straight.
The world's oil producers, as well as China, Japan and France, are in secret talks to end the use of the U.S. dollar to buy and sell crude oil, a British newspaper reported on Tuesday, sending the American currency lower in overseas trading.
"Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars," said the report in The Independent, which cited unidentified sources in the Gulf and Hong Kong. It added that France had also been involved in the talks.
Is that what is happening under Obama.....America going to be from one of the most powerful countries to the laughing stock of the world. OMG, this can't be happening.
Obviously you haven't a clue.
Many of the world central banks have been transferring part of the reserves away from the dollar and in to the EURO and other, more viable and more solid currencies, since mid 2004.
The USPS has a conversion table, to convert from the US dollar to IMF (SDR) .625 to the dollar.
scroll down for the table:
It looks like the SDR has been in planning for a long time, it just takes a crisis to change
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,752,651 times
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Quote:
Originally Posted by jojajn
Seems to have been a major change during the "Bush Era".
Thank you for posting that. No more need be said. The Republicans might not ever accept that it was their hero, GW Bush that wrecked the country and its economy but the graph speaks for itself. Then they all want to blame Obama. All the sudden "deficits are bad" after they sat in total and complete silence while their President raped the dollar and drove the economy into the toilet. Sheesh!
China, Russia and France, the same countries who violated UN Sanctions with the oil-for-food scandal. This cabal is old.
Saudis and China have huge reserves of dollars, it is not in their best interests to make moves to devalue it.
Our GNP is something like $15T, x3 the amount of the next highest GNP $5T (Japan). That's about twice as much as the next hightest GNP of $3T (UK, France or Germany - one of them). Our economy is still the global power house.
China has just recently re-pegged the Juan to the dollar. This keeps the currency artificially low. I'm not sure how an artificially deflated currency would work in a basket of currencies to trade oil for - it doesnt seem best for free market world trade to use a currency a gov't actively interferes with.
That's why Russia spoke publicity this month that they're investing in Euro or CDN$ So are other's following. Good with hat so called "powehouse"
The world's oil producers, as well as China, Japan and France, are in secret talks to end the use of the U.S. dollar to buy and sell crude oil
Is that what is happening under Obama.....America going to be from one of the most powerful countries to the laughing stock of the world. OMG, this can't be happening.
lmao, this is nothing new people have been talking about and doing this under bush but people like you thought it was a joke made stupid threads about it call them socialist commies etc. the devalue of the dollar went down long before 1-20-09...even before Nov 08 COUNTRIES speculating overated Dollar..
The OP has an extreme shortage of memory or attention, i guess his brain says hey lets wait til the next guy comes in and ignore the guy before yeaaaaaah.
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This is nothing new...
