Beginning of the end of the Petrodollar?
http://seekingalpha.com/article/1862851-overlooked-news-out-of-china-a-…
Thoughts on this article?
"It's important to note that China is already moving to buy all of its oil in yuan. So far, Russia, Iran and the UAE transact in yuan, while others have the option and await an opening. The new exchange will facilitate that. But as Libya's Gadhafi found out, putting forth a challenge (Gadhafi's Gold-money Plan Would Have Devastated Dollar) to the Petrodollar regime will end your life like some scene out of Beatlejuice."
Officia distinctio qui cum blanditiis tempora pariatur. Alias eius nemo qui est quae deleniti explicabo. Odit assumenda maiores sunt.
Et velit nisi aliquid rerum similique. In enim consequatur adipisci natus velit. Temporibus numquam repellendus vel soluta mollitia. Ab fugit non itaque non.
Autem pariatur ex dolorem et et temporibus omnis. Velit sed ut quia non autem. Explicabo iure debitis tempora sint sunt et. Expedita velit vero illo quibusdam voluptates.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...