By Matthew Piepenburg As we warned throughout 2022, the Fed’s overly rapid and overly steep rate hikes would only “work” until things began breaking, and, well…things have clearly begun to break, including the petrodollar. Even prior to the recent headlines regarding US …
by Martin Armstrong Another oil deal has been initiated without the use of the dollar. The India Ministry of External Affairs (MEA) announced that their latest trade deal with Malaysia would be settled in Indian rupees. “This initiative by the …
Authored by Ryan McMaken via The Mises Institute, On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how …
by: JD Heyes (Natural News) The United States’ empire is quickly fading, thanks to wanton greed and corruption among our ruling class, but there will be some nation — probably China — stepping in to fill the vacuum, without question. …
Source:https://t.co/i0mlLYEOna pic.twitter.com/oyhvuwGxZL — Wall Street Mav (@WallStreetMav) January 27, 2023
This war; however, is much more than what is being propagated in the MSM. It would seem those pesky trees are doing their jobs in preventing clarity on the matter. It would seem that many of those trees were planted …
On this episode of Going Underground, we speak to Prof. Huang Jing, the Director of the Institute of US and Pacific Studies at the Shanghai International Studies University. He discusses the significance of Xi Jinping going to the Middle East …
Via International Man The US government reaps an unfathomable amount of power from its racket of printing fake money out of thin air and forcing it on the world. The petrodollar system is a big reason it has gotten away …
https://youtu.be/mOLP8kPdpg8 https://www.naturalnews.com/2022-03-17-countdown-to-collapse-of-the-petrodollar.html#
by Michael Snyder The economic sanctions that have been imposed upon Russia have caused immense damage, but a loss of the petrodollar would be absolutely devastating for the U.S. economy. Since making an agreement with the Nixon administration in 1974, …
Yup https://t.co/pbQlTUHlBG — sghosh (@ghosh121) March 3, 2022
by Martin Armstrong The two major myths that I get asked about all the time are the Rothschilds and whether pricing oil in yuan or euro will cause the dollar to collapse. I think I know something about the Rothschilds. …
Do you believe that this new alternative system will be built?
by John Rubino Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of oil. But the US dollar (aka the petrodollar) is also up, which compounds the problem …
The decline of the Petrodollar increasingly seems to be an inevitability, but you can bet TPTB aren’t going to let it go without a fight. Recent events seem to indicate that this inevitable decline will result in a paradigm shift …
Ron Paul discusses petrodollar being motive for US military involvement in Iraq & Libya
It finally launched! They said it wouldn’t happen but it did. After many delays and much skepticism, the Yuan based oil futures market has launched. Will this be a DEATH BLOW to the PETRODOLLAR? Is this the end for the …
News Articles here: 1. Russia, Venezuela Sign Deal on $3.15 Billion Restructuring https://www.bloomberg.com/news/articles/2017-11-15/russia-venezuela-sign-deal-on-3-15-billion-debt-restructuring?utm_content=markets&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-markets 2. US dollar will lose its ‘kingpin’ status – economist Jim O’Neill https://www.rt.com/business/409904-us… 3. How the Developments in Saudi Arabia May Foretell Collapse of Petrodollar https://sputniknews.com/analysis/2017… 4. …
By Michael Snyder Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t even know what the petrodollar is, but for those of …
by Daniel Carter Ever since the British Empire relinquished its empire status to the US in the early 20th century, the US dollar has thrived as the Global Reserve Currency. This means that the US dollar is currently the most commonly …
by Ian Shilling The PetroDollar Economy The petrodollar system was set up by Kissinger in circa 1975 to drive up the demand for U.S. dollars. In 1971 the U.S. went bankrupt from the costs of the Vietnam War and the …
