Pavulon
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Sat Dec-08-07 08:48 AM
Response to Original message |
| 8. Irrelevant. Oil is VALUED in $ |
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The oil market is dollar based. SO the refined gas Iran has to buy because it is short supplied, is purchased in the dollar.
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| -Iran completely stops selling oil in U.S. dollars |
Robbien |
Dec-08-07 07:59 AM |
#0 |
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Another stirring foreign policy "success" for the Neocons. nt |
bemildred |
Dec-08-07 08:02 AM |
#1 |
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The Euro is strong compared with the dollar. nt |
Sarah Ibarruri |
Dec-08-07 06:23 PM |
#75 |
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Lot's of currencies are "strong" compared to the dollar. nt |
bemildred |
Dec-09-07 08:48 AM |
#98 |
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Yep. This country is being slowly destroyed by corporate a-holes |
Sarah Ibarruri |
Dec-09-07 10:48 AM |
#102 |
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Euros, Yuan, and Yen |
ixion |
Dec-08-07 08:03 AM |
#2 |
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how inconvenient for bush |
Betty |
Dec-08-07 08:09 AM |
#3 |
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Worst President in history? |
screembloodymurder |
Dec-08-07 08:16 AM |
#4 |
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I was just pondering the other day ... |
krkaufman |
Dec-08-07 05:35 PM |
#70 |
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Does this have dire consequences for the dollar? |
End Of The Road |
Dec-08-07 08:17 AM |
#5 |
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Iran has been steadily dropping the dollar all year |
Robbien |
Dec-08-07 08:26 AM |
#7 |
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Considering *ss's diplomacy policies we are damn lucky that |
jwirr |
Dec-08-07 10:42 AM |
#36 |
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Its Also Partly Why Bush Was Hellbent on War with Iran, IMO |
Demeter |
Dec-08-07 06:32 PM |
#76 |
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the us might want to start thinking about trading in the euro or yuan. |
bullimiami |
Dec-08-07 08:25 AM |
#6 |
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Not Quite |
Pavulon |
Dec-08-07 08:50 AM |
#9 |
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And what exactly are we making here and selling overseas? |
fasttense |
Dec-08-07 09:18 AM |
#20 |
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Why DEBT of course! |
Paulie |
Dec-08-07 12:01 PM |
#51 |
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The same stuff the EU |
Pavulon |
Dec-08-07 12:12 PM |
#54 |
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Not so fast.... |
liberation |
Dec-08-07 07:46 PM |
#79 |
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You optimist, you! |
davekriss |
Dec-09-07 09:39 AM |
#101 |
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stillmadeinusa.com |
spag68 |
Dec-08-07 05:39 PM |
#71 |
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US is #2 exporting economy |
dmallind |
Dec-08-07 08:57 PM |
#85 |
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The US is the world's largest industrial economy |
Psephos |
Dec-08-07 11:28 PM |
#91 |
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Not in China and not necessarily ... |
BearSquirrel2 |
Dec-08-07 09:47 AM |
#31 |
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The US still has plenty of tariffs... |
liberation |
Dec-08-07 07:58 PM |
#80 |
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Tariffs that used to be 20% and are now like 1 or 2%. |
FogerRox |
Dec-08-07 11:12 PM |
#89 |
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Another strategy for surplus dollar holders is to spend them |
mbperrin |
Dec-08-07 10:54 AM |
#39 |
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China is complex |
Pavulon |
Dec-08-07 11:34 AM |
#50 |
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Nothing too complicated about it. |
mbperrin |
Dec-08-07 12:11 PM |
#53 |
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Remember when all the morons were smashing Japanese cars |
Pavulon |
Dec-08-07 12:21 PM |
#55 |
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Long Beach, yes, take a look. |
mbperrin |
Dec-08-07 12:26 PM |
#57 |
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Now you are in the weeds |
Pavulon |
Dec-08-07 12:38 PM |
#59 |
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Honda uses PRISON LABOR in the U.S. |
ingac70 |
Dec-08-07 04:59 PM |
#67 |
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Make a damn reliable car |
Pavulon |
Dec-08-07 11:55 PM |
#93 |
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Prison labor... |
ingac70 |
Dec-09-07 12:28 AM |
#97 |
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Forced Slave Labor? |
Pavulon |
Dec-09-07 11:07 AM |
#105 |
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Bullshit--as long asthe work is in prisons, getting out means losing your job |
eridani |
Dec-09-07 01:22 PM |
#120 |
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Those guys... |
ingac70 |
Dec-09-07 03:22 PM |
#124 |
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national debt |
spag68 |
Dec-08-07 05:43 PM |
#72 |
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That's nice but our manufacturing base is being eliminated.. |
rexcat |
Dec-08-07 08:10 PM |
#83 |
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I wish I could be paid in euros. The dollar has no future. |
tom_paine |
Dec-08-07 09:17 AM |
#18 |
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Irrelevant. Oil is VALUED in $ |
Pavulon |
Dec-08-07 08:48 AM |
#8 |
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and the dollar is very weak, so their Euros will go farther n/t |
AZDemDist6 |
Dec-08-07 08:52 AM |
#10 |
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No, The WSJ had a great piece on this |
Pavulon |
Dec-08-07 09:09 AM |
#14 |
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I probably wouldn't trust the WSJ on this. |
aquart |
Dec-08-07 09:20 AM |
#22 |
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You don't see this a the first logical steps to changing oil valuation entirely? |
tom_paine |
Dec-08-07 09:26 AM |
#26 |
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Elegant but wrong.. |
Pavulon |
Dec-08-07 09:50 AM |
#33 |
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The CEOs of Exxon and Shell and the Saudi Princes aren't aristocrats? |
tom_paine |
Dec-08-07 10:10 AM |
#35 |
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Question for you Pavulon |
ooglymoogly |
Dec-08-07 09:01 PM |
#86 |
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Question for you ooglymoogly |
Psephos |
Dec-08-07 11:49 PM |
#92 |
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A democrat and Democrat |
Pavulon |
Dec-09-07 09:36 AM |
#100 |
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So what you are saying is |
ooglymoogly |
Dec-09-07 01:31 PM |
#121 |
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Iran and Venezuela bit players!?!?....there needs to be a laugh track |
ooglymoogly |
Dec-08-07 10:16 PM |
#87 |
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Pissants |
Pavulon |
Dec-08-07 11:57 PM |
#94 |
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dream on |
ooglymoogly |
Dec-09-07 11:40 PM |
#127 |
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This would be Rupert Murdoch's WSJ? |
KnaveRupe |
Dec-08-07 05:35 PM |
#69 |
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I never ceases to amaze the capacity of some people to not use common sense... |
liberation |
Dec-08-07 08:08 PM |
#81 |
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Not quite |
Pavulon |
Dec-09-07 12:01 AM |
#95 |
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MATH is also "Commom Sense"... sometimes! |
jordi_fanclub |
Dec-09-07 09:25 PM |
#125 |
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........ Hmmmm |
0007 |
Dec-08-07 09:02 AM |
#13 |
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It may be valued in dollars |
Tempest |
Dec-08-07 11:03 AM |
#41 |
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Not really |
Pavulon |
Dec-08-07 11:27 AM |
#47 |
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Another reason to give him the moniker "Amadingynutjob". |
HypnoToad |
Dec-08-07 12:03 PM |
#52 |
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Not for long, it isn't |
Hydra |
Dec-08-07 03:04 PM |
#64 |
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For now it is. nt |
SarahBelle |
Dec-08-07 05:56 PM |
#73 |
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This is not a topic permitted to be addressed on Amerikan TV Infoganda |
tom_paine |
Dec-08-07 08:53 AM |
#11 |
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USA Today crowd |
Pavulon |
Dec-08-07 09:11 AM |
#15 |
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Missing my point. Whatever the mechanism, greater than 90% of Amerikan Subjects |
tom_paine |
Dec-08-07 09:15 AM |
#17 |
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I refuse to support the "death" of a nation meme |
Pavulon |
Dec-08-07 09:45 AM |
#30 |
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I won't say China. And if you think what is going on in this coutnry is the result of one bad |
tom_paine |
Dec-08-07 10:00 AM |
#34 |
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Regret it? |
PassingFair |
Dec-09-07 11:27 AM |
#108 |
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The US EMpire is in decline, while China and India are on the upswing. |
FogerRox |
Dec-08-07 11:15 PM |
#90 |
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Venezuela is next |
Toots |
Dec-08-07 08:54 AM |
#12 |
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You have it Inverted |
Pavulon |
Dec-08-07 09:14 AM |
#16 |
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How long until China can refine? |
End Of The Road |
Dec-08-07 09:17 AM |
#19 |
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How long to build a pipeline to get it there |
Pavulon |
Dec-08-07 09:40 AM |
#27 |
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That pipeline was agreed on with China in 2004 |
Viva_La_Revolution |
Dec-08-07 11:03 AM |
#42 |
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A pipe from South America to China? |
Pavulon |
Dec-08-07 11:25 AM |
#46 |
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You're missing the point. |
edwardlindy |
Dec-08-07 01:36 PM |
#62 |
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In fact, he's doing more than that. |
dantyrant |
Dec-08-07 04:52 PM |
#66 |
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Must be interesting living in a fantasyland. |
Toots |
Dec-08-07 09:19 AM |
#21 |
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See WSJ and the FT |
Pavulon |
Dec-08-07 09:40 AM |
#28 |
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Venezuela has huge aluminum reserves, and tremendous agricultural capacity |
1932 |
Dec-08-07 09:21 AM |
#24 |
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If I were leading Venezuela I would put my money in my own |
jwirr |
Dec-08-07 10:51 AM |
#37 |
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Instead, they're diversifying the economy, and building up 'value adding' industries |
1932 |
Dec-08-07 11:16 AM |
#43 |
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Or Build sectors that do not rely on rotten |
Pavulon |
Dec-08-07 11:28 AM |
#48 |
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Do you get that international deals in the past few years bypass us? |
aquart |
Dec-08-07 09:24 AM |
#25 |
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Really, What happened in the UK during the subprime |
Pavulon |
Dec-08-07 09:42 AM |
#29 |
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Within 2 years, Venezuela will no longer need to sell to us if they don't want to. |
Viva_La_Revolution |
Dec-08-07 10:53 AM |
#38 |
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Wouldn't it be a hoot |
End Of The Road |
Dec-08-07 11:01 AM |
#40 |
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Any oil they sell to markets |
Pavulon |
Dec-08-07 11:20 AM |
#44 |
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Not according to the Council on Foreign Relations. |
mbperrin |
Dec-08-07 12:21 PM |
#56 |
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Micro and Macro |
Pavulon |
Dec-08-07 12:33 PM |
#58 |
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Now we have something to talk about. |
mbperrin |
Dec-08-07 12:48 PM |
#60 |
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The Bush/Cheney screw up, oil traded in Petro-Euros not Petro-dollars |
whistle |
Dec-08-07 09:21 AM |
#23 |
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And now, to quote the inimitable Ronald Reagan, |
NCevilDUer |
Dec-08-07 09:47 AM |
#32 |
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Perhaps this was their scheme all along - destruction of US economy |
Venus Dog |
Dec-08-07 11:24 AM |
#45 |
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Their main concern is protection of their own society, not destruction of the US/Israel |
Robbien |
Dec-08-07 11:29 AM |
#49 |
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Different 'they'. |
NCevilDUer |
Dec-08-07 05:03 PM |
#68 |
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Clueless American media ignoring story |
featherman |
Dec-08-07 12:49 PM |
#61 |
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I think you're misunderstanding the media's role |
dantyrant |
Dec-08-07 06:10 PM |
#74 |
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Deleted message |
Name removed |
Dec-08-07 10:17 PM |
#88 |
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No we do not! |
LeftishBrit |
Dec-09-07 11:39 AM |
#116 |
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Deleted message |
Name removed |
Dec-09-07 01:03 PM |
#119 |
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And the same article (which I have now looked at, so I will need a shower) |
LeftishBrit |
Dec-09-07 01:47 PM |
#122 |
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I hope not! |
Lurking Dem |
Dec-09-07 01:51 PM |
#123 |
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I'm just wondering......... |
TriMetFan |
Dec-08-07 02:16 PM |
#63 |
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Jeez, I wonder why? |
libodem |
Dec-08-07 04:13 PM |
#65 |
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Uh huh. That was their "nuke". |
reprehensor |
Dec-08-07 07:19 PM |
#77 |
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Economically this act is the kiss of death for the U.S. because |
whistle |
Dec-08-07 07:39 PM |
#78 |
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Sky falling, run little chickens |
Pavulon |
Dec-09-07 12:06 AM |
#96 |
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Do You Support Milton Friedman's Economics? (nt) |
fascisthunter |
Dec-09-07 10:53 AM |
#103 |
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Friedman was a brilliant economist.. |
Pavulon |
Dec-09-07 11:27 AM |
#109 |
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His "Brilliancy" Has Turned to Mud |
fascisthunter |
Dec-09-07 11:32 AM |
#110 |
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You mean in China? |
Pavulon |
Dec-09-07 11:36 AM |
#113 |
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Dodge?! I'm shocked!!!!!!!!!1111 Buh Bye (nt) |
fascisthunter |
Dec-09-07 11:39 AM |
#114 |
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Good Luck, Take macro and micro at 10am |
Pavulon |
Dec-09-07 11:42 AM |
#117 |
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Thatcher was a great fan of Friedman... |
LeftishBrit |
Dec-09-07 12:13 PM |
#118 |
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I doubt George Soros would agree with anything you have written and I would bet his |
Toots |
Dec-09-07 11:07 AM |
#104 |
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I tend not to destroy Asian markets by hedge |
Pavulon |
Dec-09-07 11:17 AM |
#106 |
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Well, today US $100 buys 68.22 Euros and 45.25 British Pounds |
whistle |
Dec-09-07 11:22 AM |
#107 |
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And 100 Euros |
Pavulon |
Dec-09-07 11:33 AM |
#111 |
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Hehehe... |
jordi_fanclub |
Dec-09-07 09:40 PM |
#126 |
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I Caught That Too |
fascisthunter |
Dec-09-07 11:34 AM |
#112 |
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If that is all you catch |
Pavulon |
Dec-09-07 11:39 AM |
#115 |
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WSJ award |
0007 |
Dec-08-07 08:09 PM |
#82 |
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Well, I guess the war with Iran over their supposed "nuclear ambitions" |
tavalon |
Dec-08-07 08:14 PM |
#84 |
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the REAL reason for the rush to war |
HuffleClaw |
Dec-09-07 09:10 AM |
#99 |