The Arab states have launched secret moves together with China,
Russia and France to stop using the US currency for oil trading
The end of dollar dealings for oil with moves to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, currency planned for the nations in the Gulf Co-operation Council is being planned.
The dollar will need CPR soon as a result of America's greedy and gluttonous lifestyle. The congress spends money as if it were toilet paper - and soon it will be worth as much.
If the dollar keeps losing value it will soon be uneconomical for Americans to buy foriegn oil. This doesn't really worry people so much beause they think with all the refineries in the US, it won't be a problem to get gas for my car.
Think again!
This blog has evolved from a compilation of my comments in continuing discourses elsewhere
- if you are serious about philosophy and its current affect on you and society at large, check it out.
filosofi@shea.org
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And perhaps more importantly: How do they live - with each other?
不知彼,不知己,每戰必殆 (孫子)
(If you don't know yourself and if you don't know your enemy,
then you are in for a world of hurt!)
γνῶθι σεαυτόν (Δελφοί)
Hell is so big and dark and heaven is so small." HJM
and a little more manifest destiny over there..."
How About a Bill of Responsibilities Rather Than A Bill of Rights
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