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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIran Just Officially Ditched the Dollar in Major Blow to US: Here's Why It Matters
Suggestion, just mute the obnoxious music in the video. The information is the key here.
Instability with Iran has begun.
http://educateinspirechange.org/alternative-news/iran-just-officially-ditched-dollar-major-blow-us-heres-matters/
HoneyBadger
(2,297 posts)Isn't that why Obama airlifted pallets of non US cash when repaying Iran?
Response to HoneyBadger (Reply #1)
randome This message was self-deleted by its author.
randome
(34,845 posts)Muslim ban = failed.
Yemen raid = failed.
Approval ratings = failed.
Mexican wall = failed.
Economic utopia = failed.
[hr][font color="blue"][center]Don't underestimate the long-term effects of a good night's sleep.[/center][/font][hr]
DetlefK
(16,423 posts)If their main export is oil, and one of their main clients is China, why would they do business in dollar?????????
If another important export is oriental food, and one of their main clients is Europe, why would they do business in dollar??????
And Iran and Saudi-Arabia hate each other. Iran doesn't give so much as half a fuck about what Saudi-Arabia wants.
Iran is already running an oil-stock where all prices are denominated in their currency Rial. And they have been planning to switch from the US-Dollar to Euro for years. Iran can switch away from the US-Dollar any time they want, they just have to found a new market-place and to find clients willing to buy their iranian oil from that market-place in that currency.
Equinox Moon
(6,344 posts)Mostly, I wanted to get the word out on DU about and learn from the comments. Thanks!
Trust Buster
(7,299 posts)Xolodno
(6,401 posts)...for some reason I though they already had made the change.
But this does put another nail into the coffin of the American Empire.