Russain Oil is tradeable in Euro

[AKIron]

Originally posted by miko2d


Russia is another matter.  

Most importantly, they cannot be bombed or invaded


One country that could bring dollar down overnight by itself is China.  They certainly cannot be invaded or bombed.

You have great confidence in a country that has by so many opinions displayed here shown itself to be an irresponsible war monger. I guess nothing is certain, except the fact that we do have at least the capability to completely annihilate the two countries you seem certain cannot be.

I know you meant we couldn't if we were rational.

[AKIron]

Originally posted by GScholz
I don't think the rationale of the US government has been questioned so much as it's intents and motives.

Before conspiring to destroy the US' economy perhaps you should consider that major wars have been fought over such actions.

[AKIron]

Originally posted by GScholz
Am I conspiring to destroy the US economy???

Let's hope no one does. The US may look like a trained tiger but keep in mind what happened to Roy Horn.

[muckmaw]

Originally posted by GScholz
Are you going to say that the tiger only tried to protect us too?

Yes, and we're easily spooked by chicks with big hair.

[Ripsnort]

Worse comes to worse, we'll just nuke everyone on our fall down.  If we die, you're all gonna die too.

I see it as having positive results for the US.  First, we have a foothold in the part of the world that has the worlds largest oil reserves...someone starts messing with our economy, we take control of all of it.  Second, we may start looking at tapping our large oil reserves that the Greenies won't let us touch, and Third, what Kieren said about alternative energies.

[AKIron]

That tiger paid their bills and certainly kept the hyenas away. Still, not wise to get too comfortable around 'em or slap 'em upside the head.

[Nilsen]

Now... where is GRUNHERTZ ??

Hope he is ok, anyone seen him? Not like him to let so many posts go by..


GRUNHERTZ !!!

[Kieran]

Understand (if it is not already obvious) I am not an economist, but... seems to me as much as the world despises us they need us to consume their goods. IF at some time that consumption can be replaced by other countries, we might have something to worry about. China would be a chief example of a country that could make this happen. As it is, I don't see any European or Middle-Eastern country that can come close to our consumption. Bottom line: if our economy tanks, so does theirs.

[crabofix]

Kieran.

If you dont produce anything, how could you consume without imports?

[Stringer]

Crab,
Who says we don't produce anything?

[GRUNHERZ]

Originally posted by crabofix
Kieran.

If you dont produce anything, how could you consume without imports?

So now you have taken it to the point that this will cause  America to cease production of all goods and services?  

Hillarious! Its amazing what prejudiced ignorance and hatred will do to a person's thinking..  

[Nilsen]

Ahh, there you are Grun. Was getting worried there for a while.

Glad to see you are ok bro

[Toad]

1. "don't" produce anything isn't the same as "can't" produce anything.

2. If economic changes make Chinese flip-flops too expensive to import, perhaps we'll call our own old flip-flop makers out of retirement. Same for TV's and Saabs and Volvos. Oh, wait, Saab and Volvo are US companies.

3. "If the US catches a cold, the rest of the world gets the flu." Yes, indeed. Things will be rosy all around the world the day the US economy totally collapses. Everyone else will do just fine though.

Please continue. This is almost as good as the "perk 'em all" threads.

[crabofix]

Originally posted by Toad
1. "don't" produce anything isn't the same as "can't" produce anything.

2. If economic changes make Chinese flip-flops too expensive to import, perhaps we'll call our own old flip-flop makers out of retirement. Same for TV's and Saabs and Volvos. Oh, wait, Saab and Volvo are US companies.

3. "If the US catches a cold, the rest of the world gets the flu." Yes, indeed. Things will be rosy all around the world the day the US economy totally collapses. Everyone else will do just fine though.

Please continue. This is almost as good as the "perk 'em all" threads.

Good thing. This will create a lot of new jobs and more taxed money, less wellfare and a stabile Economy of the US.

But I doubt that it will happend.

60 cents in Brazil is 60 cents, double it, it becomes 1,20$
still a whole lot less then 5,25 $

[miko2d]

AKIron: You have great confidence in a country that has by so many opinions displayed here shown itself to be an irresponsible war monger....
 I know you meant we couldn't if we were rational.

 What I ment was we cannot bomb and/or invade Russia and China in order to stop them from accepting other currencies in lieu of dollar and thus prevent dollar's downfall - like we did to Iraq.

 If we start throwing nukes around, the value of the dollar will be the least of our concerns.


AKIron: Before conspiring to destroy the US' economy perhaps you should consider that major wars have been fought over such actions.

 Our economy is being destroyed by ourselves. What they can do is suddenly - or gradually - withdraw the shoulder on which we were leaning.


Kieran: ...they need us to consume their goods...

 I appologise, but this statement is really as stuid as it sounds. They could always buy those goods with dollars they already have in their reserves, buy out those dollars with money they print, like they do now and put the dollars back into reserves. Nobody inside will notice the difference.
 Or better yet, they can stop producing goods that are sent to us in exchange for paper that is taken out of circulation and start producing what they actually need.
 During New Deal we had worthless wastefull make-work projects to keep people employed. Now we are the world's make-work project.

 A working man who gives some money/food to the panhhandler  is not going to suffer if the panhandler disappears.

 miko