Considering the recent turmoil in the U.S. banking system, the trajectory of the global power of the U.S. dollar comes under scrutiny, as too, the economy of our entire country (13 min read).
I think all of this is not mere happenstance. It all accelerated when Biden was appointed, he was their man bought and paid for, and by hook or crook they were going to get a return on their investment by having him and the Uniparty destroy America. At the bare minimum, weaken it so China would become top dog. Look what is happening and look who is benefitting, always follow the money. The WEF has touted the China model as the one preferred. Great article very thought provoking.
Thanks Excellent post. Good to see someone using the Petrodollar term.
The need to "protect" the Petrodollar has been behind a series of catastrophic wars in recent times.
Gulf War. Sadam Hussein was accepting Euro payments for oil & gas from France. US told SH to stop using the euro & return to the dollar payments. France was supplying nuclear plants to Iraq. This after USA refused to supply nuclear plants to Iraq. French multinationals constructed the pharmaceutical plants in Iraq. These pharama plants gave rise to the now known to be spurious claims of being chemical & biological weapon producing plants. That in turn gave traction to the Weapons of Mass Destruction big lie. SH defied US demands to use the dollar. His reasoning that US refusal of nuclear plants was reason enough to defy USA.
Libya. Destroyed because Gadaffi was setting up the African oil & gas producing countries in opposition to OPEC. The African oil & gas currency would have been base around the Libyan currency.
Syria. The taliban, US founded & funded. Morphed into Al Quaida, then into ISIL, then just IS. Captured huge swathes of Syria. Threatening the northern & north eastern oil & gas producing areas. Turkey invaded northern Syria too under the pretext of protecting the oil & gas export pipelines running from Syria, through Turkey to Russia. Turkey's concealed agenda aside from pipeline protection. Was Turkey's ongoing & continual Genocide of the Kurdish people.
Closer in time. Ukraine conflict. Russia annexed the Crimea. Ukraine's major onshore oil & gas fields were in Crimea. Offshore Crimea oil & gas production had commenced. Massive reserves there in the Black Sea. The oil & gas fields extended into the Donbas region of Ukraine. Where the huge coal fields are too. The Russian claim for invading Donbas was to protect the ethnic Russian speaking folk there.
Right or wrong. But must be factored into these military actions. The USA's Military Industrial complex was kept buoyant.
All of these "actions" were sponsored by UN resolutions.
USA supported by it's ally NATO in all of the above too.
So much uncertainty, so many catastrophes and fear constantly circulating in the last several years… I can’t help but think it’s by design rather then an unfortunate coincidence… and our gov’t not looking out for our best interests. So “We the people” must be smarter and take action for ourselves, but not to operate out of fear, no, that is what they want. I’m so done with fear..
So because of JB's idiotic moves to put a hurt on Putin, this resulted in a cementing of economic & product interests b/w Russia/China, so much so that it strengthened their currencies, assured energy flows, & enhanced mutual self-interests b/w the two countries.
*
I reckon the Financial/Economic Systems need a major overhaul that hopefully will result in a degree of simplicity & transparency.
I have difficulty understanding all the details of these systems but Your Pierce helped clarify many points.
Thank You.
---
Buuttt...
"...gas set to flow [b/w Russia/China] through a new pipeline in the next few years."
Shhhhhh...
Otherwise, Deep State Players are gonna blow it up !
Phew. Your pieces are exhausting, and I mean that in a good way: Well researched, in-depth, strongly written. Good stuff. Many worthy points brought up. China, failing banks; all a concern.
Excellent essay. China has just bought a ship full if liquid natural gas from Dubai with THEIR OWN CURRENCY, the yaun, not the dollar! China and Brazil are doing a deal also not in dollars.
OUR 2A Was Not Meant for hunting animals to eat,,,it was created for rogue corrupt governmental politicians and all the employess subsidiaries of governmentally ill corrupt / treasonous and GOD Did not make birds to poison people. . A GODS COMMANDMENT SAYS THOU SHALT NOT KILL MEANS THOU SHALT NOT KILL / MURDER FOR NO REASON AT ALL . If Someone is trying to kill you you have the right for self defense thus 2A🇺🇸 🙏 🎯 💪
I think all of this is not mere happenstance. It all accelerated when Biden was appointed, he was their man bought and paid for, and by hook or crook they were going to get a return on their investment by having him and the Uniparty destroy America. At the bare minimum, weaken it so China would become top dog. Look what is happening and look who is benefitting, always follow the money. The WEF has touted the China model as the one preferred. Great article very thought provoking.
Talk about the "Unseen Hand" of Adam Smith...or more rightly Donald J Trump. Lol. #Trump2024
Thanks Excellent post. Good to see someone using the Petrodollar term.
The need to "protect" the Petrodollar has been behind a series of catastrophic wars in recent times.
Gulf War. Sadam Hussein was accepting Euro payments for oil & gas from France. US told SH to stop using the euro & return to the dollar payments. France was supplying nuclear plants to Iraq. This after USA refused to supply nuclear plants to Iraq. French multinationals constructed the pharmaceutical plants in Iraq. These pharama plants gave rise to the now known to be spurious claims of being chemical & biological weapon producing plants. That in turn gave traction to the Weapons of Mass Destruction big lie. SH defied US demands to use the dollar. His reasoning that US refusal of nuclear plants was reason enough to defy USA.
Libya. Destroyed because Gadaffi was setting up the African oil & gas producing countries in opposition to OPEC. The African oil & gas currency would have been base around the Libyan currency.
Syria. The taliban, US founded & funded. Morphed into Al Quaida, then into ISIL, then just IS. Captured huge swathes of Syria. Threatening the northern & north eastern oil & gas producing areas. Turkey invaded northern Syria too under the pretext of protecting the oil & gas export pipelines running from Syria, through Turkey to Russia. Turkey's concealed agenda aside from pipeline protection. Was Turkey's ongoing & continual Genocide of the Kurdish people.
Closer in time. Ukraine conflict. Russia annexed the Crimea. Ukraine's major onshore oil & gas fields were in Crimea. Offshore Crimea oil & gas production had commenced. Massive reserves there in the Black Sea. The oil & gas fields extended into the Donbas region of Ukraine. Where the huge coal fields are too. The Russian claim for invading Donbas was to protect the ethnic Russian speaking folk there.
Right or wrong. But must be factored into these military actions. The USA's Military Industrial complex was kept buoyant.
All of these "actions" were sponsored by UN resolutions.
USA supported by it's ally NATO in all of the above too.
So much uncertainty, so many catastrophes and fear constantly circulating in the last several years… I can’t help but think it’s by design rather then an unfortunate coincidence… and our gov’t not looking out for our best interests. So “We the people” must be smarter and take action for ourselves, but not to operate out of fear, no, that is what they want. I’m so done with fear..
Have linked quite a few articles about this lately, will be linking yours today @https://nothingnewunderthesun2016.com/
Cameron,
So because of JB's idiotic moves to put a hurt on Putin, this resulted in a cementing of economic & product interests b/w Russia/China, so much so that it strengthened their currencies, assured energy flows, & enhanced mutual self-interests b/w the two countries.
*
I reckon the Financial/Economic Systems need a major overhaul that hopefully will result in a degree of simplicity & transparency.
I have difficulty understanding all the details of these systems but Your Pierce helped clarify many points.
Thank You.
---
Buuttt...
"...gas set to flow [b/w Russia/China] through a new pipeline in the next few years."
Shhhhhh...
Otherwise, Deep State Players are gonna blow it up !
HAHA !
Have A Great Day.
Phew. Your pieces are exhausting, and I mean that in a good way: Well researched, in-depth, strongly written. Good stuff. Many worthy points brought up. China, failing banks; all a concern.
Michael Mohr
‘Sincere American Writing’
https://michaelmohr.substack.com/
Excellent essay. China has just bought a ship full if liquid natural gas from Dubai with THEIR OWN CURRENCY, the yaun, not the dollar! China and Brazil are doing a deal also not in dollars.
Excellent history lesson! Bravo.
"They" have a plan and are working their plan. Quite efficient are "they" not?
OUR 2A Was Not Meant for hunting animals to eat,,,it was created for rogue corrupt governmental politicians and all the employess subsidiaries of governmentally ill corrupt / treasonous and GOD Did not make birds to poison people. . A GODS COMMANDMENT SAYS THOU SHALT NOT KILL MEANS THOU SHALT NOT KILL / MURDER FOR NO REASON AT ALL . If Someone is trying to kill you you have the right for self defense thus 2A🇺🇸 🙏 🎯 💪