The U.S dollar is serious under attack.

2008-0805-oil-chrisIn some major news that has come to light over the past week Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.

O OH!!!

That mighty dollar wont be useful for much except to tip the doorman in Vegas and fine management of continuing to ruin the US dollar

Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.

After all the help the U.S have given the Arab states over the past few years, its a bit of a kick in the balls, so its either going to be war or Alaska better get ready to be tapped.

Another thank you to our fine Gongress for continuing to piss off the world

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Published in: on October 6, 2009 at 7:39 am  Leave a Comment  
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