Wednesday, 19 September 2012

Dollar No Longer Primary Oil Currency as China Begins to Trade Oil with Yuan



This is very important !! The Petrodollar has helped service US debt - now it looks like the slide is really on .... we might see some sort of war or other nefarious action against the oil rich states to 'defend' the status quo.

If the US dollar gets dumped we will likely see hyperinflation in the US.

[Posted at the SpookyWeather blog, September 19th, 2012.]

No comments: