Remember when I wrote that other article called the United States of China, thinking apparently erroneously that China controlled the American economy because it has given out so many loans and uses the dollar as its currency by keeping the Chinese currency lower the US currency? Well, it looks like I was wrong, apparently the whole world, or better yet America's allies are holding up America. Saudi Arabia, as well as China, UK, Russia and others, could irrevocably tear apart the American economy by switching to the Euro overnight. The economy is driven by oil and if all oil producing nations were to switch to using the Euro, this poor (literally) country will be in a lot of trouble. This is what BushCo. has brought upon the nation, an inability to even provide for it citizens by making their goods more expensive because we are using currency that is basically worthless. It would be different if the average American could get his hands on some Euros are exchange their American money for Euros, then go shopping. Since the Euro is only used in Europe and on the international markets, it is not as yet not available to us. But it will be. Choice is as American as Apple Pie and by golly, I too want to shop in a currency that, pound for pound, is worth every penny.According to this article:
"If Saudi Arabia were to call for oil to be traded in euros, "that announcement would be the end of the U.S. dollar," said Ashraf Laidi, chief currency analyst at CMC Markets. But he said that would never happen as long as the United States and Saudi Arabia are allies, and the U.S. continues to negotiate arms and other deals with the world's largest oil producer."
Really something to think about...

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