Sunday, December 21, 2014
Will Economic Collapse ? Jim Rogers Economic Outlook
Here is how this works. The U.S. made agreements with the Saudi royal family and OPEC to only accept dollars to buy oil on the world market. Anyone who tries to sell oil on the world market for anything but dollars gets blown up Libya tried it in the 80s and Iraq in the 90s and 2000s. The U.S. government will do anything necessary to preserve this system and the major oil companies like it as well. As long as oil business is conducted in dollars the dollar is safe. Anyone who tries to change it dies period. The dollar is safe for a while yet people.
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