You obviously do not have a grasp of the situation, or an understanding of what the major oil producers are doing.
There are a number of major oil producers, Venezuala and Iran for instance who are major players in the oil producing world.
Who have decided that they no longer accept payment in US dollars as it is more or less worthless, and are demanding to be paid in Euros, which is becoming the major player in the world economy.
People throughout the world are ditching the dollar and demanding payment in Euros, even employees in Wall Street.
Interesting times, looking forward to seeing what Israel does when the shekel breaks the $3.40 barrier again. Which appears to be the figure the Israeli government has decided is where the Israeli economy begins to suffer. |
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