Quote from: echo_ on August 10, 2012, 12:35 amQuote from: LouisCyphre on August 09, 2012, 06:01 amNot gonna happen. Oil is traded almost entirely in US dollars. for any nation to purchase oil they must purchase the greenback first. This has and will continue to prop up the US economy for a while.Interesting facts:1) Saddam Hussein declared he would accept other currencies (like the Euro) not long before the 2003 war began.2) Hugo Chavez declared Venezuela would accept other currencies not long before the coup that booted him out of power. He's back in power now as the result of the counter-coup. The first coup appeared to follow the standard CIA playbook for that sort of thing. Funny that.Don't forget Qadaffi. Same exact pattern.But it's not only about the US. China has spent $75 billion on oil acquisitions in the past five years. It had $20 billion in infrastructure and oil development projects in Libya too, before the war. They're snatching up prospects throughout Africa, and with the US failing to build their oil pipeline through Canada, China is jumping in on that too, making Canadian oil deals. Iran is a major seller to China as well.Throwin' some information out thereYep. Once you know what the CIA standard playbook is certain aspects of world politics get so much more entertaining to watch. The must've been pissed when Chavez pulled off that successful counter-coup.