The Demise of the Dollar

In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading
via independent.co.uk

This looks like the first step towards a pan-asian economic bloc, much like the eurozone. This new denomination would be a formidable competitor for the Euro and the Dollar.

Filed under  //   economy  

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I work on compilers for a major corporation, specialized in computer languages and the parsing and optimization thereof. In my spare cycles I hack on Haskell, Ruby, and Objective C. Outside of programming, I am an outdoorsman, a skilled photographer, a student of typography and design, and a patient, better driver. buzz.

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