Quote:
Originally Posted by GreyWolf
OPEC will not change from petro dollars - at least not in one hit sigurman. That causes severe damage and nobody is playing that game.
It may be they will elect to quit sole reliance in the dollar at some point and spread the risk, but that will not happen overnight. If the dollar improves, doubt OPEC have any motivation for change, but if it continues to be unstable - it raises the chance of change.
The usual US bs over "invasions" is just that - and pointless. The idea OPEC "hates" the US is too absurd - there are far bigger issues at stake.
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Yep. And they might earn huge $, when new president will be elected and things would go better, no more HUGE deficit for spreading democracy ;D SO money they have accumulated with high barrel/dollar will have more value then.