Quote:
Originally Posted by borked
While the majority of oil still trades in the US$, the $ will be supreme.
But still, never underestimate the power of the underdog(s) - these emerging economies (India and China particularly) will soon be a force to be reckoned with on any market.
|
Yes it does but if you notice more and more China and Russia are sticking two fingers up at us...
"BRICS: Not bound by ?unilateral? sanctions on Iran"
http://rt.com/news/brics-iran-us-sanctions-684/
I think China and Russia are kinda fed up with us now lol and just maybe they will pull this off over the comming the years