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David Himmelsbach
Jake Tran
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Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Why we’re always at war (Documentary)" video.
By far your worst up-load. The US actually does not care if oil is priced or sold in Euros, per se. (The industry will actually pay little heed.) Oil trades are OFTEN settled in Euros, Yen, or Pounds. The Big Talk was all about where the named oil exporting nations were willing to park their assets. Saddam made his Euro pitch AFTER it was clear that the UK and US were on to his Food-for-Oil corruption engine. (He had to keep his stash away from New York and London.) With payoffs to Canada, Russia and France, Saddam was neutralizing the UNSC and its edicts. The last time such an event happened, Japan walked out of the League of Nations. Then WWII started in Asia. The LoN proved toothless. Oil is priced at the convenience of the marketplace. Trades are settled in many, many currencies. All currencies trade versus each other by crossing against the dollar. So your thesis is critically flawed. It does sell well with those ignorant of trading realties... I'll give you that.
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