Hi Muzz,
This has been on the cards for some time, however I didn't realize how many countries were invlolved.
Although I feel that there are so many countries involved in this the US can do nothing to hold them all back, the last paragraph of the article was interesting:
"Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq."
I don't know if it's just me, but I seem to feel a sort of 'pay back time' beginning between the press and the US. It's just a feeling at the moment.
Best regards,
Steve
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Originally Posted by Muzz
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