Petrodollar Under Attack

The U.S. dollar is slowly being eroded piece by piece and ounce by ounce — and that as these adversarial countries make these developments in unison, there appears to be little the U.S. can do without risking an all-out world war.

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2 Comments on Petrodollar Under Attack

  1. there appears to be little the U.S. can do

    1. Stop importing so much from China ($347,037,900,000 2016 deficit)
    2. Stop importing so much from Japan ($68,937,600,000 2016 deficit)
    3. Stop importing so much from Germany ($64,865,400,000 2016 deficit)
    4. Stop importing so much from Mexico ($63,191,900,000 2016 deficit)
    5. Stop importing so much. Period. ($734,316,300,000 2016 merchandise trade deficit)

    Even Ireland shows a $35.948 billion merchandise trade deficit.

    https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States

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