Saudi Arabia Threatens To Drop Dollar For Oil Trades | |
Anonymous Coward User ID: 72552909 United States 04/05/2019 09:40 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Remedial_Rebel [link to finance.yahoo.com (secure)] The US petro $ not looking so good. Maybe the Fed should you stop quantitative easing. Just maybe. Saudi Arabia how about we just level all of your palaces and take your fucking oil! There's not a single country that would give a fuck. |
CK Dexter Haven User ID: 77047820 Netherlands 04/05/2019 09:45 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 44691981 United States 04/05/2019 09:45 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Remedial_Rebel [link to finance.yahoo.com (secure)] The US petro $ not looking so good. Maybe the Fed should you stop quantitative easing. Just maybe. You people are naive. Please name all the countries who tried to sell oil in something other than dollars and then name which one of their leaders are still in power.....exactly |
Anonymous Coward User ID: 74457708 United States 04/05/2019 09:54 PM Report Abusive Post Report Copyright Violation | |
doglikeRoRuctions User ID: 76976109 United States 04/05/2019 10:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76115175 United States 04/05/2019 10:16 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Remedial_Rebel [link to finance.yahoo.com (secure)] The US petro $ not looking so good. Maybe the Fed should you stop quantitative easing. Just maybe. 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. |
Anonymous Coward User ID: 77525481 United States 04/05/2019 10:18 PM Report Abusive Post Report Copyright Violation | Saddam did the same thing before the second Gulf War. The reality is, Saudi Arabia was the main nation behind 9/11 attacks, in conspiracy with other nations and powers. All they would have to do is show the genuine evidence, then show some pictures of American's being mistreated in Saudi Arabia, then other foreigners being enslaved in Saudi Arabia, bam, instant public support to glass them. Not only that, all their assets in America would be seized/frozen. That alone would bankrupt them. |
Anonymous Coward User ID: 77506636 Australia 04/05/2019 10:20 PM Report Abusive Post Report Copyright Violation | |
The Gullible Skeptic User ID: 76497926 United States 04/05/2019 10:22 PM Report Abusive Post Report Copyright Violation | Do you have a source for that? If SA drops the us dollar that would tremendously hurt us economy INTP/8w9 Ennegram "You can't teach anyone anything but they can choose to learn" -Me- "To exist is to destroy"-Me- "Specialization is for insects" -Robert Heinlein- Nine Noble Virtues: ODINISM: Truth,Courage,Honor,Fidelity,Discipline,Hospitality,Self Reliance, Industriousness, Perseverance |
Anonymous Coward User ID: 77525481 United States 04/05/2019 10:23 PM Report Abusive Post Report Copyright Violation | A member of the Saudi Royal family should have a drug overdose as a warning to the House of Saud. After all the blood America spilled for them,they are permanently America's bitch. Infact, for even showing their teeth, they need to be swiftly punished to bring them in line. Maybe a rogue cruise missile or something when a Saudi minister is visiting some area where things might accidentally happen. Saudi Arabia, is the only country in the Middle East, the US should be bombing. |
Anonymous Coward User ID: 77525481 United States 04/05/2019 10:24 PM Report Abusive Post Report Copyright Violation | Do you have a source for that? If SA drops the us dollar that would tremendously hurt us economy [link to en.wikipedia.org (secure)] 1) America 2) Russia 3) Saudi Arabia |
DeplorableDoomsdayGuy User ID: 77361703 United States 04/05/2019 10:26 PM Report Abusive Post Report Copyright Violation | Much of the dollar's value is based on being the world's #1 reserve currency. Even if oil trade with SA continues to drop, SA trade with other nations will continue. If SA followed through on their threat, other OPEC countries would follow SA's lead. I'm sure they'll be quickly taking Yuan. Come on and take a free ride. |
Truth Reaper User ID: 75955494 United States 04/05/2019 10:31 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 64985415 United States 04/05/2019 11:09 PM Report Abusive Post Report Copyright Violation | Much of the dollar's value is based on being the world's #1 reserve currency. Even if oil trade with SA continues to drop, SA trade with other nations will continue. If SA followed through on their threat, other OPEC countries would follow SA's lead. No they wont, we will invade before we lose power. You really have no clue. USA will NEVER relinquish power. We have military bases all over the world for a reason, and its not to play baseball. Like they invaded in the 1973 (so called) Oil Crisis? Try reading a little history. I suggest you try reading a little history of US invasions and overthrows since 1990. |
Anonymous Coward User ID: 64985415 United States 04/05/2019 11:11 PM Report Abusive Post Report Copyright Violation | Saddam did the same thing before the second Gulf War. The reality is, Saudi Arabia was the main nation behind 9/11 attacks, in conspiracy with other nations and powers. Quoting: Anonymous Coward 77525481 All they would have to do is show the genuine evidence, then show some pictures of American's being mistreated in Saudi Arabia, then other foreigners being enslaved in Saudi Arabia, bam, instant public support to glass them. Not only that, all their assets in America would be seized/frozen. That alone would bankrupt them. The OP doesnt think its possible because he’s a retard. |
Festus Hoggbottom User ID: 75622643 United States 04/05/2019 11:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77010383 United States 04/05/2019 11:33 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Remedial_Rebel [link to finance.yahoo.com (secure)] The US petro $ not looking so good. Maybe the Fed should you stop quantitative easing. Just maybe. Time for Gulf War 3. |
Jungleboogie User ID: 76648271 Canada 04/05/2019 11:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75430122 United States 04/05/2019 11:44 PM Report Abusive Post Report Copyright Violation | This is how SA gets the US to do its bidding. Now of course there are limits to their power over the US. You'll know those limits have been breached when you start seeing a lot of negative press about SA. Then you'll know that the US has decided to make another failed state. So SA will use their power without overplaying their hand. The petrodollar will remain their trade currency and the US will be Saudi's pit bull. |
Anonymous Coward User ID: 75430122 United States 04/05/2019 11:52 PM Report Abusive Post Report Copyright Violation | Our oil is tied to the dollar and we have more now. Let them use pesos or rupies and see how that works out for them. Yuan maybe? Dollar is king. They know that. Quoting: Festus Hoggbottom The US doesn't want dollars flowing in. That doesn't make a reserve currency work well. The US wants a lot more dollars going out than coming in. And much of US oil is consumed domestically. |
1guynAz User ID: 77374766 United States 04/06/2019 12:06 AM Report Abusive Post Report Copyright Violation | We need to get these idiots out of government that are hurting our country period. This is got to be done in order to compete and stop this FED take over and ruination of our country. Well, this is what I think anyways... ______ Last Edited by 1guynAz on 04/06/2019 12:07 AM Living has taught me one thing; nothing is certain...except salvation through Jesus Christ! |
Anonymous Coward User ID: 77513825 United States 04/06/2019 12:50 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76809044 United States 04/06/2019 12:53 AM Report Abusive Post Report Copyright Violation | |
Coward of Anonymous User ID: 75920543 United States 04/06/2019 01:03 AM Report Abusive Post Report Copyright Violation | ok, so I'm surprised I haven't seen anybody discuss this yet, so I'll throw it out there. I don't know the figures, but i do know that a ridiculous amount of "money" is tied up in the oil trade, because that is the currency in which oil is traded in. If they switch, it would send likely billions (maybe trillions...not sure) of fiat paper money back into circulation. Well, what happens to the demand of something when a supply instantly surges? It tanks, right? If this is true, the value of our currency around the world will sink. As a result, our stock market will plummet. Well...who owns the stocks in the stock market? Is it the average joe? Or is it a very select few at the top of the food chain. They are the ones that will torpedo it when they feel they need to, buy pulling their money out at the same time. Well, if the see this, what are they likely to do? The will likely all take their funds out, which should cause the market to plunge further. At that point in time, the feds can pounce and seize assets for Crimes Against Humanity ( [link to www.whitehouse.gov (secure)] What happens to all of that money? It is destroyed, and a new, gold backed dollar is inserted in it's place. I think there will be an exchange process where all "old" dollars will be exchanged for new, but since they now have a tangible value backing it, the value of the new dollar will soar. And with that, the inventory of fiat currency will be destroyed, and the gold standard will be re-inserted. |
Anonymous Coward User ID: 76432271 United States 04/06/2019 01:08 AM Report Abusive Post Report Copyright Violation | This could be an idle threat, but with exports to the US declining, it may not. The dollar is step by step losing it's place as the world's reserve currency. Again, it's value is highly leveraged against that. Things aren’t looking so great. We’ll see if Mr. “Art of the Deal” President Trump (whom I support) can get ‘er done. |
Anonymous Coward User ID: 76432271 United States 04/06/2019 01:11 AM Report Abusive Post Report Copyright Violation | |
Sodbuster User ID: 68702751 United States 04/06/2019 01:19 AM Report Abusive Post Report Copyright Violation | |
Kungfart1 User ID: 30198618 United States 04/06/2019 01:23 AM Report Abusive Post Report Copyright Violation | |
MissCleo User ID: 77082640 United States 04/06/2019 01:55 AM Report Abusive Post Report Copyright Violation | A member of the Saudi Royal family should have a drug overdose as a warning to the House of Saud. After all the blood America spilled for them,they are permanently America's bitch. Quoting: Anonymous Coward 77525481 Infact, for even showing their teeth, they need to be swiftly punished to bring them in line. Maybe a rogue cruise missile or something when a Saudi minister is visiting some area where things might accidentally happen. Saudi Arabia, is the only country in the Middle East, the US should be bombing. Not that easy just to bomb or assassinate. But the international scandal brewing over exposed emails on Hil's computer (Assange) might back them against a wall. |
Anonymous Coward User ID: 42533365 Canada 04/06/2019 02:08 AM Report Abusive Post Report Copyright Violation | |