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REPORT ABUSIVE REPLY
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Message Subject
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Saudi Arabia Threatens To Drop Dollar For Oil Trades
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Poster Handle
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Anonymous Coward |
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Post Content
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Saudi Arabia has threatened the United States to stop using dollars for its oil trades in an attempt to discourage legislators from passing a bill dubbed NOPEC aimed at holding OPEC liable for cartel practices under U.S. law. [ link to finance.yahoo.com (secure)] The US petro $ not looking so good. Maybe the Fed should you stop quantitative easing. Just maybe. Quoting: Remedial_Rebel The Fed stopped QE years ago maybe? Basically they're threatening to stop using the dollar because we stopped going to war for them. Get with the program bud.
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