sunnuntai 6. marraskuuta 2016

petrodollar system allows the U.S. to buy oil with a currency it can print at will ..Hillary Preparing to Lose, Cancels Election Night Fireworks … #Trump #MAGA #DrainTheSwamp U.S. Dollar would be pegged at a fixed rate to gold. This made the U.S. dollar completely convertible into gold at a fixed rate of $35 per ounce within the global economic community. United States would offer military protection for Saudi Arabia’s oil fields. The U.S. also agreed to provide the Saudis with weapons, and perhaps most importantly, guaranteed protection from Israel. is there any solid evidence that America's foreign policy measures, and actions in the Middle East have been guided by anything but upholding and protecting the petrodollar system? I would strongly suggest that the answer is no.

1 kommentti:

dudivie kirjoitti...

While the Arab countries floated themselves on oceans of petro-dollars forty years ago, they have little need for them now. So we must now turn our attention to China, which is well positioned to act as white knight to Saudi Arabia. China’s SAFE sovereign wealth fund could easily swallow the Aramco stake, and there are good strategic reasons why it should. A quick deal would help stabilise a desperate financial and political situation on the edges of China’s rapidly growing Asian interests, and keep Saudi Arabia onside as an energy supplier. China has dollars to dispose, and a mutual arrangement would herald a new era of tangible cooperation. The U.S. can only stand and stare as China teases Saudi Arabia away from America’s sphere of influence.

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