Europe Ditching The Dollar When Paying For Oil?

in #money6 years ago


Source

Countries in Europe are considering ditching the dollar for their Euros when paying Iran for its crude oil! Since Mr. Trump decided to pull the US out of the Iran Nuclear Deal, European Nations that were also part of the deal have been trying to work with Iran to prevent a collapse. A diplomatic source reported:

"I’m privy to the information that the EU is going to shift from dollar to euro to pay for crude from Iran,”

Source

If this happens it could harm the dollar, and it doesn't take much to make the US angry. Damaging the dollar could be taken as an act of war as the US has a history of starting fights with countries that have threatened their power or their money. Do you think this could trigger a chain of events leading to a war? Please post your comments in the replies section below.

Have a very nice day!


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That can't be good, although it's starting to look like only a few countries are really hungry for war. Iran and Israel being two of them.

I would just say switch to GODcoin instead of Euros.

The world is leaving America behind!

Anytime a country has ditched the Dollar it has been a declaration of War.

This may very well hurt the overall economy, it's best to invest in something more stable like GODcoin!

This will not end well for America!

Other countries are spreading the notion of paying through cryptocurrencies. It wouldn't surprise me if Europe begins to shift that way as well.

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