Australia's largest stock trading and investment forum Australia's #1 stock forum

That certainly makes sense as at least part of the reason...

First 49 Last

Share
Profile

Follow
goodbrad

2,294 Posts.

01/09/14

15:55

Post #: 13906190
Share

Originally posted by Catgut ↑

"....... it would be a simple matter of leaning on the arabs to stop the money flow."

Goodbrad,

IMO, the west doesn't want to "lean" on the Saudis and Qatar because they supply so much of the world's oil, which is traded in USD and therefore supports the petrodollar as the default global reserve currency. If the USD loses that status QE wouldn't work, ie they couldn't print their way out of their debt problems.

If anyone has another explanation I'm all ears.

Expand

That certainly makes sense as at least part of the reason Catgut. Thanks
1 Upvote

Reply

There are more pages in this discussion • 14 more messages in this thread...

First 49 Last