What i would like to know is why Oil traded in USD and not in other currecies, why is USD superior becasue we always see our exchange rate with US dollar. If US markets fell down why Indian markets go down. What is the sentiment of US with other countries.|||Kissinger made an agreement with some of the oil producers to price oil in USD. We agreed to only buy our oil from them, and to give them money to build oil wells to get the oil out. They agreed. The USD is not superior, the value of the dollar is far lower than the British pound, the Euro, etc. What do you mean what is the sentiment of US with other countries? Do you mean how do they feel about us or how do we feel about them? Which ones? Your question is too vague, sorry.If India invests a lot of money in US stock, then your money value will go down if ours does.|||The answer to this question is not small... US businesses are strategic... The US businesses opens a manufacturing plant in Malaysia or Indonesia, since it is cheaper to produce the good there... The US business hires call centers from india since that is cheaper in India... The US businesses builds the Oil wells in Middle East because that way they can make it available to their businesses in cheaper cost... For doing all this US business obviously needs a healthy cash flow... That comes from the innovation and marketing... Generating new ideas and establishing them across the globe...
US international politics is also driven by economical reasons rather than sentiments...
As a whole the country is example of pure capitalism which positions it at very high end of spectrum on economical scale...
Since the US has so much strategic investments across the globe, when US economy slows down the amout which US businesses spends also goes down resulting in global impact...
US dollar is yet another issue, post World War II, US helped IMF to stabilize by providing funding when european union was struggling with wounds of World War II... This gave USD early advantage over other currencies...
About sentiments of US about other countries... There are no sentiments if there is no economy involved... If the country and its long term policies, if going to affect US economy or lifestyle of US citizen in adverse way, US system definitly triggers the aggression... If the country is neutral, US is not bothered... If the country is favorable, US is friendly with that country... If you see in depth, US as country does not have any sentiments, it is purely objective towards its own betterment...|||the pas and today, it is, but not the future. I would like to give some words:
economic strategy. as long as you mention strategy, then that is the battle field type activities. the US never stopped to take advantage the economic strategy.
Economic game. the US economy does not have to be that good, I mean, as the labour input, it doesn't deserves that prosperity. the rules for the economic game are invented by them, not indian or china. you are in the position of participants. if you wanna win the game, then learn how to lose first. Now you are still paying the entry fees.
world trade centre. the US is the centre of global finance. You can buy all the commodity in Wall street. of course they use USD not other currency. a quite percentage of world trade are happened in the wall street before they actually do a concrete deal. the US got the voice power and trading power in terms of world financial market
economic linkage.......
however, the pattern is going to change soon. as long as the us can't provide the world economy with a growth, then it is the time for other economies to reconsider their links with the US. the trends is coming ...the disconnection is a disaster to the US, not india.|||dear you have asked such a big question ...
for short...
the u.s tries to capture every country...
this country is so proudy...
they always try to make every country thier creditor...
ex. in nuclear deal in india...
they has a agrrement that....from the 100% production of electricity..they will take 50 to 60%...
this u.s is worst country dear...
|||US is the biggest economy in this world. US has 1/4th of the world's GDP and purchasing power of US is also high on purchasing power. Obviously, business and trade revolves around the US. Hence the effect/affect.|||tradingsolution.org to sites on the
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