http://www.triplepundit.com/2007/11/an-end-to-the-petrodollar/ Business, Better. Since 2005 Fri, 10 Feb 2012 04:15:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.triplepundit.com/2007/11/an-end-to-the-petrodollar/comment-page-1/#comment-12106 Anonymous Tue, 13 Nov 2007 19:48:13 +0000 http://www.triplepundit.com/wordpress/2007/11/an-end-to-the-petrodollar/#comment-12106 Thanks for the post. I've been arguing for a couple of years now that this is one of the reasons for all of the anti Iran talk. This has been more of a threat than the supposed nuclear program. I read that in March, China started to buy oil from Iran in Euros, while Japan started to buy oil in yen this past September. Truthfully, we will need to either deal with the economic consequences of our governments choices and deal with a downturn in the economy as well as the continued devaluation of the dollar, or increase our imperial policies and create more wars. I think we can handle a downturn and the devaluation of the dollar. P.S. Here is great article about it: http://energybulletin.net/12125.html Thanks for the post. I’ve been arguing for a couple of years now that this is one of the reasons for all of the anti Iran talk. This has been more of a threat than the supposed nuclear program. I read that in March, China started to buy oil from Iran in Euros, while Japan started to buy oil in yen this past September. Truthfully, we will need to either deal with the economic consequences of our governments choices and deal with a downturn in the economy as well as the continued devaluation of the dollar, or increase our imperial policies and create more wars. I think we can handle a downturn and the devaluation of the dollar.
P.S. Here is great article about it: http://energybulletin.net/12125.html

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