Posted on 03/16/2015 2:44:13 AM PDT by lbryce
We've all heard this before. If the petrodollar is not the currency in which the world trades in oil. the US will collapse economically.
There's nothing new except for the fact that according to the video the US overthrew Qaddafi and Saddam because they threatened to stop trading oil in dollars.
Not that it is the definitive cause for the invasion of Iraq or even the truth of why we invaded,it does give me some rationale however fictitious it may be for why we did in fact overthrow Saddam.
Full title:Demise of the Petrodollar and the End of American Power
Or, someone is selling gold futures.
And getting desperate.
Isn’t everybody threatening to toss the petrodollar?
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