De-Dollarization Spikes - Venezuela Stops Accepting Dollars For Oil Payments

CampeadorCampeador Bronze ✭✭✭Posts: 221 Bronze ✭✭✭
Does anybody understand what is going on? For the ones that cannot connect the dots. The Petrodollar is sinking like a a lead balloon. Taking one of the largest producer producer of oil from the Dollar is going to hurt. Those extra pieces of confetti will come back to the USA. That will decrease the purchasing power of the Dollar. Also, will open another front for the USA. I bet somewhere in the news a piece, will come out saying that Maduro has WMD or some other nonsense to send troops. If you think for a minute, the US has too many fronts, is going to spread itself way too thin....


Venezuela has officially stopped accepting US Dollars as payment for its crude oil exports.

http://www.zerohedge.com/news/2017-09-13/de-dollarization-spikes-venezuela-stops-accepting-dollars-oil-payments

Comments

  • ReallylikecryptoReallylikecrypto Copper ✭✭ Posts: 51 Copper ✭✭
    Just wait...... he will be "killing his own people," next.
  • CampeadorCampeador Bronze ✭✭✭ Posts: 221 Bronze ✭✭✭
    edited September 2017
    > @Reallylikecrypto said:
    > Just wait...... he will be "killing his own people," next.

    And that is the excuse to go in, like Hussein and Gaddafi. What they had in common? Dumping the Petrodollar. Assad sin was... He did no wanted to play ball and allow the Pipeline from Iraq go through his backyard.

    These 3 cats got in common? Oil and Gas.

    Maduro is next; if the USA can spread that thin.
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