Originally posted by faye
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It appears you need an educational lesson as you either are being willfully ignorant of certain truths most all know or you are simply unaware. Enlighten yourself!
The West is getting aid from the Eastern world (Middle East, Central Asia) which is rich in resources, specifically OIL.
The petrodollar means OIL is traded in dollars. This was a deal made years ago between the West and fat Arab sheikhs who imposed illegal governments upon the region (Saudi kings, Qatar, Saddam, Gaddafi, Assad). Without trade in dollars for OIL, Western money is toilet paper...
OIL is directly and indirectly tied to all forms of energy- the electricity, the heating for homes, etc.
This OIL is also what keeps the decaying Western economies working. The reason the Western economies are decaying now is because many nations are moving away from the petrodollar standard, and are trading oil for other currencies and even GOLD.
Now, you know that the West gets an unjustified economic lifeline from the Eastern world with this OIL. Without this lifeline of OIL, Western currencies are worthless, and you wouldnt be able to use your laptop or even use airconditioning in Australia.
nations are starting to move away from this imposed economic practice (petrodollar) as Russia, China, and Iran already trade OIL in currencies other than the dollar..this is central to why the Western economies are collapsing.


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