India abandons US dollar to purchase Iranian oil
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Uploaded by RTAmerica on Jan 24, 2012
Every year India spends $12 billion on purchasing oil from Iran, but now it is using gold instead of dollars. India might not be alone; China has suggested it would jump on board with India. New Delhi and Beijing account for 40 percent of the Iranian oil exports. Priya Sridhar gives us her report.
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Obama administration can go to hell.
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@ThisNamesNowTaken Go ahead, do something stupid like that and your companies that rely on Indian services will go into MASSIVE losses, some will even shut down and the rest will have to increase their prices 10 fold to even survive. LOL, you leave India, 10 more countries will come to us. YOU need India , India doesn't need a debt ridden country like yours, Fuck off.
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AS A PAKISTANI NATIVE INDIA I SALUTE YOU...YOU SUPPORT THE MUSLIM COUNTRY OF IRAN MORE THEN THEIR RELIGIOUS BRETHREN (SAUDI, PAKISTAN, ETC)...
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this what happen when you let a bunch of Jews own tha federal banks
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Tick... Tick...Tick...Tick... You hear it? it's the countdown to the demise of the petrol/US dollar as we know it!
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@seanhamson sounds a bit familiar
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their buying in gold lol USA just screwed themselves. The fall of the USA dollar is time...
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Lol
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US is slowly getting into height of frustration...
1. India gave a big defense deal to France and ignoring US f-16 and 18;
2. Iran is continuing its nuclear plan
3. Resolution for attack on Syria vetoed off by Russia and China
4. India, China and few more countries are dealing with Iran even after US request
5. US itself in deep economic mess.
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Duh. Of course many nations are going to dump American dollars and start using gold or other forms of currency. What does that show? It shows they know the US dollar will soon be worthless. It is an easy economic indicator. USA is going to die economically with the collapse of the dollar. It's all been planned.
FaceOfGod2 2 weeks ago 24
America will use military force if they don't get their way. That's all they know. Pathetic.
raibanos 2 weeks ago 21