Re: Oil…Oil!
come on arshad…
anyway, we are not debating your logic…it is econ 101…yes US is befitting from its dollar currency but it is what it is…what do you want to do? saudi stops selling oil in the market to hurt USA? kuwait starts demanding dinar instead of US dollar? it is what it is and one needs to accept ground realities and make best use of it until circumstances become more favorable
and speaking of military might, russia definitely matches usa might…nuke for nuke, bomb for bomb, submarine for submarine, solider for solider
and china is no baby either…do you really think china and russia cannot trade oil and gas in yuan?