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Originally posted by theODC
from my knowledge india, china etc. already want to get away form the dollar, though again from my knowledge it is likely going to be a slow process to avoid completely crashing the US economy due to the fact that one: economies as a whole do not respond well to sudden change, and two: for as bad as the US economy is right now it still represents a major part of the economies of most the other major world economies, crashing it would substantially hurt the export based economies of china, india etc. therefore why would they kill the albeit dying goose if it still is laying golden eggs, especially if you dont have a replacement at the immediate ready
Originally posted by AuranVector
Originally posted by alchemist2012
India to pay for Iranian crude oil in rupee
(visit the link for the full news article)
After having explored various options to make payments and having run out of them, India is understood to have decided to pay Iran for the crude oil supplied by it in rupee terms.
After discussions between the Finance Ministry and the Petroleum and Natural Gas Ministry, it has been decided that the Ministry will seek the note of the Union Cabinet to switch over to the rupee payment system for the Iranian crude, officials in the Petroleum Ministry said
This is important news, but I don't think this thread will get the attention it deserves. How many Americans care about India & the Rupee? I'm not sure that the average American understands that the US Dollar has been the standard currency for petroleum purchases. And this is an important sign of how the US Dollar is dying.
A few years ago, there was a msg that OPEC was sure to drop the US Dollar for petro trades within ten years -- now more like seven years. This means the US Dollar will be dropped as Reserve Currency and the US Dollar will be considered finished.
Another thing that most Americans are unaware of is that the 2008 economic collapse was orchestrated, along with the intentional collapse of the US Dollar. Why? (Be patient while I explain.) Because:
The Global Elite (those who own the most powerful banks & corporations in the world) want the US to unite with Canada -- under the pretense of increased security & prosperity. This is NOT a conspiracy theory, and has been confirmed by a message from the Ottawa Embassy (Wikileaks). Read the info on following link:
2011-04-28 Wikileak: 2005 Canadian Gov Cable Addressing NAU (NAI)
Once the US & Canada agree to unite, they will discover that they no longer have sovereignty -- that means neither the US or Canada can act unilaterally -- they must have permission from the North American Union Council.
They will along with the "Integration" -- introduce the Amero as a replacement for both the USD & Canadian Dollar. They had to collapse the USD before they could get Americans to agree a new currency.
The NAU will then announce that they must include Mexico (which is what they always planned to do) despite all their denials
The US will then have an "Open Border" with Mexico with millions of desperately poor Mexicans flooding into the US & Canada. Quality of life for both Americans & Canadians will plummet -- they will now work for next to nothing just to survive.
But the Elites will have gotten all that they wanted:
1.) free access to exploit Canada's natural resources.
2.) ALL the cheap labor they want.
3.) a new currency -- the mega debt to China is in the old worthless US Dollars, not the Amero.
As an added bonus to the Global Elite, they have created a new Super Power Enemy (China to replace the Soviet Union) to fight endlessly. The brown people who own oil was a nice interim & continuing enemy, until they could get the real enemy (Red China) up to speed .
"Oceania has always been at war with Eurasia." from "1984" by George Orwell
edit on 3-5-2011 by AuranVector because: (no reason given)edit on 3-5-2011 by AuranVector because: (no reason given)edit on 3-5-2011 by AuranVector because: (no reason given)
Originally posted by mayabong
Looks like its time to invade india. Waiting for the Hindu terrorist propaganda to start. lol. Not sure what the Hindu equivalent to Sharia Law is but I'm sure we'll find out soon.edit on 3-5-2011 by mayabong because: (no reason given)