Greetings, joG. :2wave:
The new Saudi leader is not happy with us at the moment, as BHO apparently discovered when he was not met with a lot of fanfare when he landed in Saudi Arabia, and was not met and greeted. From what I've read, they feel betrayed by BHO's recent deal with Iran, their sworn enemy practically since time began. Kissinger's deal with the Saudi King years ago gave us "favored nation status" on the dollar being used by every country in the world in world trade, which has greatly benefitted us, and they have now stated that they have kept their end of the deal all these years - and are questioning their decision to be an ally of ours - for what if our word is no good!
I will be watching what the group of 57 nations, which includes Great Britain and other of our former allies, with more nations joining all the time, decide to do about "dethroning" America and going instead with a basket of currencies. Our standard of living will change for the worse, I fear, if this happens. With our debt of $19 Trillion dollars and climbing by the minute, we will face a future we will not enjoy, IMO! :thumbdown: I pray I am wrong.....