24 Nov '12, 7pm

#peakoil Goodbye Petrodollar, Hello Agri-Dollar?: When it comes to firmly established, currency-for-commodity, s...

#peakoil Goodbye Petrodollar, Hello Agri-Dollar?: When it comes to firmly established, currency-for-commodity, s...

When it comes to firmly established, currency-for-commodity, self reinforcing systems in the past century of human history, nothing comes close to the petrodollar: it is safe to say that few things have shaped the face of the modern world and defined the reserve currency as much as the $2.3 trillion/year energy exports denominated exclusively in US dollars (although recent confirmations of previously inconceivable exclusions such as Turkey’s oil-for-gold trade with Iran are increasingly putting the petrodollar status quo under the microscope). But that is the past, and with rapid changes in modern technology and extraction efficiency, leading to such offshoots are renewable and shale, the days of the petrodollar “as defined” may be over. So what new trade regime may be the dominant one for the next several decades? According to some, for now mostly overheard whispering in ...

Full article: http://peakoil.com/business/goodbye-petrodollar-hello-agr...

Tweets

Say My Name: Hello December!

Say My Name: Hello December!

jolenezhou.blogspot.com 30 Nov '12, 7pm

A date with Sean on Tuesday during his off day. So I took time off work for hi-tea with him @Antoinette recommended by Den...

Blogged.

Blogged.

nicolekiss.blogspot.com 28 Nov '12, 1am

Can't believe it's been three weeks into my trip in Eastern Europe. Since arriving in Istanbul, I have not had the chance ...

#peakoil The peak oil crisis: descent into chaos

energybulletin.net 25 Nov '12, 5pm

There is a growing disconnect between forecasts of prodigious amounts of oil coming out of the Middle East in coming decad...

Pilates & yoga lovers say goodbye to bare feet ...

sfluxe.com 14 Nov '12, 4pm

Pilates and yoga enthusiasts can rejoice and say adios to clunky tennis shoes and unattractive socks thanks to Nike, Inc ....

Blogged about the cute but horrible Hello Kitty cafe in Taipei

Blogged about the cute but horrible Hello Kitty...

cheeserland.com 24 Nov '12, 7am

I feel quite meh about Taipei since i have been there 5 times already wtf, and i told he rest of them there are only 3 pla...