Comment Re:The contract with America (Score 1) 249
The thing is no single 3rd world government or voter or faction or voting block can really be said to be responsible for the petro dollar. If your tractor won't run because your country's refineries can't get their hands on US dollars to buy oil because your government's central bank is out of dollars because your exports can't be sold in the US anymore, there is not much you can do about it, but you still can't grow the food.
The fact of the matter is that the US, our country, and our voters and our government, through 70 years of deliberate trade policy, leaning on the IMF, and plenty of bloody wars, put ourselves at the center of a very interconnected web of trade that yes, greatly benefited US and created a tribute system, but that flawed unfair system still feeds and awful lot of people. Just like you can't responsibly dismantle a feudal system by dropping a tactical nuke on the king's castle and expect everything to just go on functioning, you can't just blow a US-sized hole in the economy without doing major damage.
We strong-armed the current system into existence, we owe it to the world to disengage responsibly if we are tired of being the market of last resort.