It’s has been in the news a lot lately, and the prospects of a global currency have Max Keiser, Huffington Post blogger and host of BBC World’s “The Oracle,” giving dire warnings of the consequences if China or other countries were to make a push for it.
Keiser appeared on Aljazeera English’s March 27 “Inside Story” to discuss the possibilities of a global currency. Host Darren Jordon asked Keiser about the pitfalls of converting to a global currency and Keiser used it as an opportunity to launch into an anti-American diatribe.
“Well, the pitfalls are for the
Keiser insisted it was the
The Huffington Post blogger pointed to the invasion of
“Look what happen to Saddam Hussein when he tried to start to trade oil in Euros,” Keiser said. “He was bombed and then assassinated by the U.S. Look what happened in
So in Keiser’s view, the Chinese won’t jump onboard the global currency bandwagon out of fear of the
“So any country looks at those examples and they say, ‘You know if we get out of the U.S. dollar, does this mean that U.S. Marines are going to show up in our backdoor and start to cause mischief?’” Keiser said. “That’s a legitimate concern these countries have.”
But even the Aljazeera host was skeptical the
“OK, well, I’m not so sure the American Marines would turn up on the streets of
This is type of insight that might normally be expected from Aljazeera, the Huffington Post or even the BBC. However, the editor-in-chief of the Huffington Post Arianna Huffington is slated to appear as a guest host on the more mainstream CNBC “Squawk Box” on March 31.