The Global Redlining of America
Bush Pushes U.S. into Rapid Decline

The previously unthinkable is now on the table. Russia, the world’s second largest oil exporter, is giving serious consideration to trading its black gold in euros, a switch that would surely set dominos in motion among other oil producing nations and, ultimately, knock the dollar off its global throne. Americans can thank George Bush and his Pirates for accelerating a process that might have taken decades to evolve, but which now looms as a “catastrophe” on the horizon. “There are already a number of countries within OPEC that would prefer to trade in euros," said oil analyst and U.S. Council on Foreign Relations member Youssef Ibrahim, in an interview with the Moscow Times, October 10. "Putin's putting a big card on the table."

A switch to the euro “is really possible,” according to Russian economist and Putin advisor Yevgeny Gavrilenkov. "Why not? More than half of Russia's oil trade is with Europe. But there will be great opposition to this from the United States."
[...]

On April 3, before the taking of Baghdad, we wrote of the predictable consequences of the Iraq invasion:

In self-defense, the world will be forced to reorganize itself, to create new mechanisms of trade and security in place of the institutions that the Bush men are deliberately savaging. The Americans will be left out of these arrangements….

A kind of international redlining will increasingly make itself felt, but not seen. The Bush men believe they are willing into existence a New American Century, while in reality they are creating an America-phobic planet in which the U.S. has earned an invisible but powerfully consequential non-favored nation status. Having invented the concept of globalism, the United States will be consigned to pariah status - and shrink, until it learns to live by human norms and scales.

Think of an oil-producer switch to the euro as the redlining of America.
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  thanks to Badattitudes Journal