Saudi Arabia, China in talks to dump United States dollars for Oil
The beginning of the end has begun and Even The Federal reserve chairman has said that there has been two world reserve currencies before in History. The veil has been removed and the dollar is becoming very weak ,ugly and long in the tooth.
It's ashamed how the politicians have squander our blood and tears for nothing but worthless acts of deeds on the America people but enriching themselves for their own selfish greed. They build more internal security systems to watch we the people knowing that we have we have been hoodwinked by the money changers with their worthless leadership!
serf
Saudi officials had said they were taken aback by the abrupt pullout of the United States from Afghanistan last year.
If successful, the deal will further strengthen economic ties between China and the Saudis as Beijing purchases more than a quarter of Saudi Arabia’s oil exports. If priced in yuan, the sales would raise the value of China’s currency.
Reports indicate that the Saudis are also thinking of incorporating yuan-denominated futures contracts, known as the petroyuan, into the pricing model of Saudi Arabian Oil Co., known as Aramco.
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my wife said something about that she had heard ? read ? India, China, Russia, Iran and a few more country's were teaming up /talking about dumping the US dollar as the base currency
good old joe he sure knows how to flush a country down the crapper
Thomas Crapper - Wikipedia
At least the 'flushing' wont stink. Thanks to 0ld Tomas
Those Middle Easterners had best be more cautious--all we have to do is tell Israel to 'go get 'em' and we'll have $1 a gallon gas again.
Dont like to espouse doom & gloom but many have seen this train wreck coming for years. Reasons are many and can be attributed to progressives policies of government: From debt, destruction of culture, loss of manufacturing, service economy, and the welfare state.
What will follow could very likely be end of the dollar as world currency followed by exodus of the big banks.
I saw it for years too.Too bad The U.S.Congress did not and it's a failing democracy now which leads to a NWO takeover with the money changes and a cashless society for all.
serf
@serf majority of Congress is for the NWO, they THINK they will retain lots of power. Idiots aren't smart enough to know that they will be simple peons just like us in the NWO, EXCEPT I may be able to locate all my guns from that huge boating accident. They will be defenseless because guns are the devil and they won't be able to afford their ARMED security details anymore.