3 ms·
It doesn't really + it's not like it's child slave money or something, this is money from oil paid for by almost every country in the world, you know since ever
by soheil 6y ago
It doesn't really + it's not like it's child slave money or something, this is money from oil paid for by almost every country in the world, you know since everyone needs oil. I can't believe the hypocrisy if you really have an issue with that money, go after the countries that are purchasing their oil from them. Let me make it easy for you, here are the top three counties:
1 Japan
2 China
3 South Korea
- lasagnaphil 6y agoYeah, the article neglects the fact that one of the main reasons for the US dollar being a world reserve currency is because of the petrodollar system (basically the US made a deal with oil-rich Middle East countries to only sell their oil in dollars, and get extensive military protection in return). Since everyone needs to use oil in order to produce anything, the demand for dollars rises globalwide, and there is nothing you can do about it unless that relationship is terminated, or oil becomes fully replaced with other renewable energy sources (although keep in mind that oil isn’t just used for power). Saudi’s non-problem(?) after this lucrative deal is that they are now flooded in a surplus US dollars, and after realizing that they can’t outspend this with only luxury cars and hotels (!), they have invested that surplus heavily into US corporations, like which the article is describing.