I know many here would argue otherwise but... perhaps having multiple currencies to be used in addition to the Petro-Dollar might be a good thing.
I believe that the Dollar and the ‘presses’ that print them are way overheated and desperately need a cooling down period.
The only thing this guy is leaving out of the equation is that the US is online to become the largest exporter of Oil in the world. Well if we ever get rid of Obooboo.
Rollover/21214...Think about the ramifications of this future incident. If this incident were to take place, what would be the implications on the domestic energy producers?
While on this topic, better watch this brand new video of an interview with Jim Sinclair:
http://usawatchdog.com/jim-sinclair-50000-gold-us-dollar-collapse-hyperinflation-and-more/
He addresses the ramifications of loss of the petrodollar, among many other things. Its not pretty. But I think its just what the US needs, as a final punch in the mouth of the statists and socialists.
Too late to read ping