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Iran announces it will sell it's oil for Euros not Dollars
#4
Gaddafi in Libya also announced that he was going to sell Libyan oil for the gold dinar not dollars. Liked Saddam he got dead really quickly.

What strikes me about Iran going ahead with the Euro is that they must know how the US will respond to it, but went ahead anyway. It looks to me as if the time is fast approaching when the whole edifice of dollar hegemony is going to fracture.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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Iran announces it will sell it's oil for Euros not Dollars - by David Guyatt - 09-02-2016, 02:19 PM

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