ROFLOL. Guess our leaders in Washington have been diabolically clever throughout the 20th century (forever after to be known as the golden age of oil). A lot smarter than we've given them credit for anyway. Man what a fiendish plot for the American Empire to take over the entire world. And here all this time I though it could be chalked up to "shit happens." Who could've guessed that WW1, the Great Depression, the introduction of the automobile to the masses, the great rise of mechanized industry, WWII, the rise and fall of world communism, etc, etc, was really all a secret plot to expand the American Empire and rob the world of its gold? But I guess the evil Butcher of Baghdad, Saddam Hussein was even smarter than our guys, eh? LOL. Even though his mighty empire was toppled in mere days and he was trapped like a rat in a filthy hole in the ground, "President Bush sends you his regards." And now the dagger wielding 7th century Islamofascist oil pumpers are holding the world hostage, right? And even with all of our wealth and military might we can do absolutely nothing about it? Can't wait for the last act of this play to be published. The suspense is killing me.
Bush's fault!
we don't have any gold anymore. thats the point. the only thing backing the dollar is evry country's need for dollars to buy oil. when that need is gone, the dollar's "value" decreases. big supply, low demand.
LOL.
Can't have a bourse... if they no longer have an infrastructure.
How will they run the computers without electricity?
Maybe they could light tires on fire to signal a trade - yeah, that might work. ;)