Four Gulf Arab states, alongside Russia,…
Four Gulf Arab states, alongside Russia, China, Japan and France, plan to ‘stop using the US currency for oil trading’.
(Also, if the report is out, and the US knows about these plans too, the meetings between these nations are no longer ‘secret’. So let’s stop calling them ‘secret’.)
thabet, 
abunoor, and 
Naila are discussing.
Naila 9:31 am on October 6, 2009 Permalink |
This is pretty serious news.
My heart goes out to our President. Obviously, he will get blamed for this.
On the other hand, what can you expect from a Kenyan who doesn’t even have the guts to practice his Islamic faith openly.
Seriously, though, I want give the man a hug.
abunoor 9:46 am on October 6, 2009 Permalink |
I don’t claim to understand all this but from what I understand a move like this would hurt the U.S. but benefit everyone else. If so, I am for it. What is the justification for why these other nations should be forced to use dollars if it is not to their benefit? As an exchange for U.S. military alliance?
thabet 6:51 am on October 7, 2009 Permalink |
Here’s another view suggest this might benefit the US.