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Originally Posted by HotHotHeat
Interesting point. Still the most ingenious economic strategy the US has ever pulled off...decoupling their currency from gold and latching it to oil.
It'll be a long time (if ever) before the US is long our main oil trading partner, but with the way their dollar is going, we'd better be looking at other markets - ie. China.
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Apparently Obama is opening up off-shore oil reserves to be tapped, which means the US will become more dependent on their own oil.
We should be looking at China/India for the future. Especially if they're the emerging economies.