Much like our federal government the crown has created dependency and that is such a destructive thing all around. That is the money you are speaking of.
If Scotland could break away from the EU and create a good environment for business. They could get a lot of industry and capital investment.
Umm... yeah. This is why you shouldn't get your news from Fox News or anyone else primarily funded by denture cream and gold hawkers. The dollar ain't going anywhere.
Can you source that claim? As far as I know, oil is traded ONLY in dollars, EXCEPT for purchases from Iran. I don't mind being educated if I am wrong.
That's an utterly ridiculous comment and shows why you and some of your countrymen should actually take the time to look beyond your own borders once in a while.
What's more is that dollars and generally treated as the unofficial world currency anyway. Funny you should mention Iran as to give an example of this, many Iranians and other nationalities I know from non-western countries who travel a lot internationally, if based in their home nation, will usually operate offshore dollar accounts, and sometimes sterling accounts, because such currencies are easier to travel internationally with. The dollar isn't solely dependent on oil, it's dependent on the strength of the American economy.
Since the embargo against Russia, they are trading for oil in Rubles. China is now buying oil in Yuan from some countries.
Those may be facts and they may not be, but I asked if you could source these claims. Can you do that?
China buying oil using the Yuan: http://m.bbc.com/news/business-17988142 Russia trading oil in Rubles: http://news.investors.com/investing...82814-715189-russia-trades-oil-for-rubles.htm I had also read that Russia was going to work with China to bypass currency issues in overall trading. I hope the BBC and other source are acceptable. Back to studying.
Those articles don't say what you think they say. Countries that have an option for using dollars prefer to do so. Economically ostracized countries like Iran and Russia have fewer options.
See, I told you that you didn't understand the articles. China has plenty of dollars, it is Iran that can't use them.
You do know that Scotland would want into the EU as quickly as possible while England will probably decide to leave in 2017, don't you. Of course not.
Iran can use dollars if it can get them. They just can buy things from the nations that are embargoing them. They typically find there terror groups with dollars, for example.
Digging deeper, I see. They find ways to use them when they have to do so, but it's costly and inconvenient. The fact that you point to terror groups using the dollar should, if anything, demonstrate to you that the dollar is king.
Yet. There is a definite interest in shifting away from reliance on it being the main reserve currency, which, if it comes to pass, would probably be a rapid drop off. In terms of being a globally accepted currency, it is going to take something major to change that.
I'm not saying the dollar isn't king. Go back to my original post and quote me. Then tell me the difference between what I said, and "the dollar isn't king" is.
And you're talking out of you're pompous euro- backside. The UK won't devolve from the EU in 2017, and if you think it will you're a politically illeducated fool.
The fact is that the US dollar will be the worlds dominant currency for a long time to come simply because of how big the country is.
Why would they want replace one yoke around their neck with another? The EU is a stiffling thing and limits peoples ability to dream, to build, to work hard for what they want, to build a business.
