Submitted by Green Monkey

The presentation summarizes a major factor (not broached by mainstream media) underlying much of the tensions in the Middle East. It’s also covered in this book by author William Clark: Petrodollar Warfare – watch video of the author explaining it all. In a nutshell, the value of the US dollar is propped up in very major way by being the default currency for trading in oil. If the world starts using other currencies for oil trades in a big way (as Saddam Hussein had started to do in Iraq pre-invasion), the US dollar will plummet in value big time and likely lead to a complete, economic collapse in the USA.