Petrodollar Endgame Moves Even Closer
“The US Government has done more to destroy this country in the previous few years than any external enemy could have ever done.”
https://www.zerohedge.com/markets/petrodollar-endgame-moves-even-closer
https://www.zerohedge.com/markets/petrodollar-endgame-moves-even-closer
https://twitter.com/MikeCristo8/status/1733642364252782611
pedro says … I don’t buy all of it
but he’s looking at the right pieces (and events)
“Powell will never be able to stop raising rates now”
Luongo and others, summarizing those events
@TFL1728
@NakedHedgie
&
@efenigson
Alex Krainer
https://twitter.com/CryptoRichYT/status/1733029350587367475 44 sec vid (short version)
https://twitter.com/efenigson/status/1733115009612276093 FULL VID 90 MIN
00:00 Introduction
03:05 The Presence of the Russian Central Bank Head’s in the Middle East
04:02 Speculations on a New Financial Architecture
05:29 The UAE’s Rejection of Dollars for Oil Trade
06:28 Possible Redrawing of Borders in Israel and Palestine and Historical Context of the Yom Kippur War
09:18 Russia’s Strategy in the Middle East
12:10 The Role of Donald Trump in Shifting Power Dynamics
14:28 The Split Between Europe and the Anglosphere
19:17 Russia’s Extrication from the Dollar
20:16 Potential Break of the Saudi Rial Peg to the Dollar
36:31 The Israel-Gaza Conflict in the Global Macro Picture
50:20 The Murky Nature of American Politics and the Emergence of a Radical Center
52:35 European Politics and the Euro
53:10 The Role of Wall Street in Politics and Trump’s Tariffs as a Stumbling Block
56:08 The Possibility of Trump’s Nomination
58:28 The Battle for Control and Corruption and The Impact of Monetary Policy and the Financial Markets
01:02:15 The State of Europe, the EU and Green Energy Plans
01:16:49 The Influence of Retired Major Generals in Israel
01:19:33 Qatar’s Role in Funding Terrorism
01:25:08 The Influence of Elon Musk’s Visit to Israel
01:28:05 The Year of Collateral and Importance of Oil
The FED only needs to keep raising rates if they are stupid enough to believe the current fiat system can be salvaged. They already know, it can’t be. They know they have to go back to the only thing that works. Gold and silver as money. The only question is when do they throw in the towel and implement it?
Sounds great but how would that work ?
I think the world financial system is way way beyond a Gold standard at this point
Agreed. Digital currency is the future whether you like it or not.
(And I don’t!!)
Why? If it was in place for hundreds of years what is different now? Fiat collapses, all debt is wiped out. Massive losses and destruction. What is so hard about governments issuing silver coins as currency? It won’t save or be connected to the present system. It will be starting from scratch all over again. However, I agree that many govts. possibly including the US(depending on who wins the 2024 election) would prefer to go digital CBDC for the control it gives them. That is why if the Dems win(steal the election again) it is the end of the US as far as what previously existed since 1776.