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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: paul61 who wrote (89909)	9/20/2007 10:04:19 AM
From: Metacomet	Respond to of 306849

Probably not. That would irritate their customers who will have to pay in depreciated dollars until the reserve currency status of the USD is finished...(soon) The US gets a relatively small amount of their oil from the Saudis <15%, I believe. They will of course start to demand payment in some medium that is not hyperinflating, which will rule out the USD though... The writing is on the wall for the dollar with the Congress redefining a modest house as costing 3/4 of a million dollars....