http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html
For some time now I've been alarmed about the fact that the world buys oil with dollars, not yen or shekels or euros. The people who sell the oil are the people who bombed the World Trade Center. Not literally as they were incinerated, but the oil rich people of the Middle East also contain some religious people who objected to our military stomping around their holy sands and cities, oogling their women and occasionally raping one. Point is a lot of "those people" want us out of the Middle East. Now, with the rising lowering of esteem as it relates to the Great Satan, a lot of oil people want to sell oil in anything but dollars. It isn't that they hate us. They hate a lot of people. They recognize that the big balloon the Founders sent up in 1776 is foundering in a sea of red ink. The meatballs in charge of the treasury spent money like it was their own and Daddy would bail them out. Well he can't, Daddy's broke.
You might ask what's the big deal, we'll just convert our pseudo-billions we borrowed from China into yen and buy our oil. Yikes, the dollar is falling in relation to the yen... and every other currency. We don't control world currency and so oil might become... is almost certain to become.... much more expensive for Americans. In fact impossibly expensive. Think heroin dealer dealing with a junkie in serious withdrawal: how much sympathy can we expect to see? Don't forget, the dealer is a new capitalist and hates us for raping, murdering, burning, bombing etc and we are rude.
We are about to slip into tenth place if we are lucky and certainly among the rest of the third world nations. I didn't do it, I just report it.
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