(05-17-2016, 12:34 PM)Cynic Hero Wrote: As I mentioned before an unspoken reason for trump's policies is our entire economy's dependence on petrodollars. Because of this, the saudis, the russians or the chinese can simply cut of our oil (in the case of the saudis) or shift the world's reserve currency to something other than the dollar (in the case of China and Russia). If That occurs the US economy would immediately crumble and we would be reduced to a pre-industrial subsistence economy practically overnight. Zerohedge has published many articles explaining how this process would come about.
Since Mike has already DESTORYED your concern for US oil imports, let's focus on your other concern for the dollar's status as the "world's reserve currency."
I realize that Zero Hedge and other clueless websites have got your knees knocking over this coming 'catastrophe' (since the Mayan Calendar thingee didn't work out) and maybe they even given you some scenarios about how it would come about (the reality is simply that the currency of the nation most other nations sale most to will become the "world reserve currency").
However, I'm so confused; can you tell us exactly what will happen when the US dollar is no longer the "world's reserve currency" that will make that such a catastrophe? Mass suicides? Dogs mating with cats? Justin Beaver getting US citizenship? Trump going bald?