Not every nation prefers to trade in dollars. Eur...

2006-03-01T11:44:00.000-08:00

Not every nation prefers to trade in dollars. Europe, obviously would benefit, and the advantage would increase as oil rises and the dollar falls (which amont to much the same thing). Russia has made no secret of its desire to trade in Euros.

China, a key player in this Great Game, is being cagey, but it is becoming clear that they will do whatever it takes to secure their energy supplies. Eventually they will come into direct conflict with the US.

Comments on clear thinking: MAD Petrodollars

Not every nation prefers to trade in dollars. Eur...