OPEC is NOW trading all oil in the US dollar. ALL countries including Japan, Chine, the EU, use the US dollar to trade oil.if it had been today it would have change to EURO but this was deceided uppon decades ago when the US had the strongest economy around
They paid off all DUES to the UN becasue they knew the UN was corruptactually the US have heavy debt toward UN they commited themself with financial aid toward the UN when UN was created, other countries pay why shouldnt US. The fact that UN may be corrupt aint that just as bad for all the UN membering countries?
LOL on the salaries of Finland, Sweden, Norway, Germany, Japan.The U.S. has the highest productivity per worker in the world. But how Americans spend that productivity is another matter entirely. Working with slightly less, the other rich nations of the world have built clearly better societies: better health and vital statistics, universal health coverage, smaller health costs, less violent crime, less pollution, higher home ownership, more democratic participation, greater social programs, less government corruption, fewer teenage pregnancies, fewer abortions, larger middle classes, less poverty, less child poverty, greater savings, greater investment, less debt
Originally posted by finti
The U.S. has the highest productivity per worker in the world. But how Americans spend that productivity is another matter entirely. Working with slightly less, the other rich nations of the world have built clearly better societies: better health and vital statistics, universal health coverage, smaller health costs, less violent crime, less pollution, higher home ownership, more democratic participation, greater social programs, less government corruption, fewer teenage pregnancies, fewer abortions, larger middle classes, less poverty, less child poverty, greater savings, greater investment, less debt
Go finti clap
Originally posted by Bigbangtheory
OPEC is NOW trading all oil in the US dollar. ALL countries including Japan, Chine, the EU, use the US dollar to trade oil. Countries have trillions of US dollars in the bank for reserve. Oil is strongy needed for ANY economy nowadays.... If they put oil sales in the EURO your talking about Trillions of US being bought for the EURO. That would hurt the US dollar drastically.
No mather what you want to say to us...It is sad to see that one of the Iraq invasion was accomplished. To keep the dollar as the monetary unity of oil 🙁
Your all uneducated about world affairs, You learn from the news which is horrible.. you all need to travel and see the faces of this earthI have travelled the world , I have also a degree in economics, marketing and global economics and social studies.
Maybe you should pick up on your own advice bigbangtheory.
The US dont pay their annual fee to the UN, other countries do. Still the US have veto right in the UN, if they dont pay their fee revoke theuir veto right
the numbers I have for the other countries rather than I have mentioned is a couple of years old so they wont show the right picture. But Sweden and Finland have a bnp around $ 30.000 Germany is around $ 27 000 , Japan is very similare to Germany, but all of these countries except Japan had very hig economic growth the last year so they are closing the gap on the US rapidly. Just as fast as Norway. Under the Bush administration the US economy has taken a dive, and big corporate companies have gone bankrupt ruining a lot of pension savings for a lot of Americans.
The latest of events is that the interest rates in Europe is very low indeed, this simulates investments and increases the economical growth.
Have top be a bit causios thoug cause a crack on the stock market might send them all over the edge
Did you know that Norway is the world's third largest oil exporter.
Did you know that Norway's non-oil economy slipped into recession in
the second quarter of this year even though Bush hasn't been anywhere
near Norway? Did you know that the Norwegian government forecasts
rising unemployment and only modest total GDP growth from now through
the end of 2004. Can you add 2 + 2 and realize that even these
not-especially-cheerful forecasts depend for their fulfillment on
world oil prices remaining at current levels.