Socio-Economics History Blog

Socio-Economics & History Commentary

Russia Rejects US Warnings Over Oil Deal with Iran!

  • All these US ‘warnings and threats’ are about the petrodollar. It is about the western Illuminati’s global currency (economic and financial) hegemony! It is NOT about Iran having nuclear bombs or a nuclear weapons program. Iran does not have a nuclear weapons program nor nuclear bombs. Kerry and Obama are pathological LIARs serving the western Illuminati! Remarks mine:
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  • Russia rejects US warnings over oil deal with Iran! 
    by AP, via http://news.yahoo.com/
    MOSCOW (AP) — A senior Russian diplomat on Wednesday angrily rejected U.S. warnings against striking an oil-for-goods contract with Iran, saying that Moscow wouldn’t be intimidated by threats.
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    Deputy Foreign Minister Sergey Ryabkov said in remarks carried by the state RIA Novosti news agency that an increase in Russian-Iranian trade is a “natural process that doesn’t involve any elements of political or economic challenge to anyone.”
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    Russian business daily Kommersant has reported that Moscow plans to buy 500,000 barrels of Iranian oil a day, a deal that would shatter an export limit defined by an interim nuclear agreement world powers and Iran reached last year.
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    Iran has agreed to temporarily limit its atomic work, which the West fears could be a cover for developing nuclear weapons (this statement is propaganda!), in return for some sanctions relief. Six world powers, including Russia, and Iran are working on a fuller deal that would place long-term restrictions on Iran’s nuclear program in exchange for an end to all economic sanctions.
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    The six-month interim agreement, which went into effect in January and expires in July, allows Iran to continue exporting a total of 1 million barrels a day of oil to six countries: China, India, Japan, South Korea, Taiwan and Turkey. The promise didn’t apply to Russia, which wasn’t an existing customer of Iran’s petroleum industry.
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    If Russia reaches the oil-for-goods contract with Iran, it would challenge Western efforts to secure a comprehensive agreement (propaganda). U.S. Secretary of State John Kerry said Tuesday that Washington could impose sanctions if Russia and Iran move forward with the oil contract.
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    Ryabkov said he was unaware of any specific agreements, adding that a “normal exchange of opinions with Iranian colleagues has been going on to determine which sectors of economy are best suited for further development of ties.”
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    He insisted that Russia wants to develop its ties with Iran and rejected the U.S. threat to impose sanctions. “We don’t think that any unilateral U.S. sanctions, no matter whom they target, are legitimate, and we reject such a stance,” he said.
http://www.theguardian.com/world/2014/jan/15/truth-israels-secret-nuclear-arsenal

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http://www.foreignpolicy.com/articles/2013/11/25/the_real_nuclear_option_israel_iran?page=full

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http://www.nytimes.com/2013/09/19/opinion/global/lets-be-honest-about-israels-nukes.html

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http://socioecohistory.wordpress.com/2013/02/05/panetta-says-iran-has-not-made-the-decision-to-build-a-nuclear-weapon/

Click on image to goto article!

http://www.haaretz.com/news/diplomacy-defense/mossad-cia-agree-iran-has-yet-to-decide-to-build-nuclear-weapon-1.419300

Why is genocidal madman Netanyahu screaming for war with Iran? It is all about the global petrodollar hegemony all about the coming Luciferian New World Order!

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April 11, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

US Foreign Policy is Based on a Series of Lies: Fetzer!

Obama_bin_Laden_Invade_Algeria_to_Attack_AlCIAda

  • US foreign policy is based on a series of lies: Fetzer! 
    by http://www.presstv.com/ 
    US foreign policy is based on a series of lies like Washington’s fabricated claim that Iran is after developing nuclear weapons, says James H. Fetzer, an editor at Veterans Today.
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    On Wednesday, Russian Deputy Foreign Minister Sergei Ryabkov rebuffed US warnings against Russia’s planned oil deal with Iran, saying Moscow will not be intimidated by such threats.
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    Ryabkov’s remarks were made in response to US Secretary of State John Kerry’s threats on Tuesday that Washington could impose sanctions if Russia and Iran move forward with an oil deal, yet to be finalized, under which Russia will buy 500,000 barrels of Iranian oil per day in return for selling goods to Iran.
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    “This is a fascinating and important development,” said Fetzer in a phone interview with Press TV on Thursday, adding that “with Iran and the oil program,” Russian President Vladimir Putin “is no longer going to play ball with the West.”
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    “American foreign policy is based on a series of lies, deceits, and deceptions,” noted Fetzer as he said that Washington and its Western allies have “fabricated this claim that Iran is developing nuclear weapons” in order to impose illegal sanctions against the country.
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    Fetzer also said that the US and its allies should get used to the fact that their “cheating and bullying” around the world “are no longer going to be accepted passively.”

Obama_Bombing_Syria_WW3_UltraMan

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April 11, 2014 Posted by | GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

Petrodollar Update: U.S. Issues Threats Over Pending Russia-Iran Oil Deal !

Preserve_Petrodollar_Nuclear_War

  • Petrodollar Update: U.S. Issues Threats Over Pending Russia-Iran Oil Deal! 
    by Jerry Robinson http://ftmdaily.com/ , 9 April 2014
    FTMDaily.com – Russia and Iran are forging ahead with a controversial oil-for-goods deal that is being criticized by Washington as a violation of Iran’s interim nuclear agreement.
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    Under an interim agreement reached with world powers last year, Iran is permitted to continue exporting no more than 1 million barrels a day of oil to six countries: China, India, Japan, South Korea, Taiwan and Turkey.
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    Now, Russia is offering to buy 500,000 barrels of Iranian oil per day, which Washington says will violate the terms of the interim agreement.
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    U.S. Secretary of State John Kerry has already begun threatening more ‘sanctions.’ Iran’s response: The country refuses to ‘wait for America’s permission’ to increase its oil exports.
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    On the surface, Washington is pointing to Iran’s “violation” of the interim agreement. But, when you follow the money, you find something much different. Not only will a Russian-Iranian oil deal inject a massive amount of fresh revenue into Tehran while emboldening Russia, but the proposed oil deal will completely sidestep the U.S. dollar.
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    The conflicts that the West has in much of the Mideast, Africa, and Central Asia are all about lines on a map. But these lines are not territorial lines. Instead, they are pipelines. The energy flows running in the lands between the Far East China and Europe have become a hotbed of controversy. The struggle is over who can control those who control the flow of oil and gas in this region.
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    For the U.S., much is at stake in this great game of pipeline politics, namely, the petrodollar system, which has single-handedly enabled the Fed to continue its grand Ponzi scheme of printing trillions of U.S. dollars since the 2008 economic crisis.
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    No one knows how long Washington can keep its proverbial “finger in the dyke.” But rest assured, the petrodollar system will eventually come to an end. Unless Washington’s monetary “wizards” have a trick up their sleeve, the end is nigh for the U.S. dollar’s pre-eminent role in the global economy.

petrodollar-system-101

petrodollar-explained

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April 11, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Iran, Russia Working to Seal $20 Billion Oil-for-Goods Deal ! The End of the PetroDollar!

PetroDollar_Scam_Breaking_Down

  • Iran, Russia working to seal $20 billion oil-for-goods deal! 
    by Jonathan Saul and Parisa Hafezi 
    (Reuters) – Iran and Russia have made progress towards an oil-for-goods deal sources said would be worth up to $20 billion, which would enable Tehran to boost vital energy exports in defiance of Western sanctions, people familiar with the negotiations told Reuters.
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    In January Reuters reported Moscow and Tehran were discussing a barter deal that would see Moscow buy up to 500,000 barrels a day of Iranian oil in exchange for Russian equipment and goods.
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    The White House has said such a deal would raise “serious concerns” and would be inconsistent with the nuclear talks between world powers and Iran. A Russian source said Moscow had “prepared all documents from its side”, adding that completion of a deal was awaiting agreement on what oil price to lock in.
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    The source said the two sides were looking at a barter arrangement that would see Iranian oil being exchanged for industrial goods including metals and food, but said there was no military equipment involved. The source added that the deal was expected to reach $15 to $20 billion in total and would be done in stages with an initial $6 billion to $8 billion tranche.
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    The Iranian and Russian governments declined to comment. Two separate Iranian officials also said the deal was valued at $20 billion. One of the Iranian officials said it would involve exports of around 500,000 barrels a day for two to three years.
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    “Iran can swap around 300,000 barrels per day via the Caspian Sea and the rest from the (Middle East) Gulf, possibly Bandar Abbas port,” one of the Iranian officials said, referring to one of Iran’s top oil terminals.
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    “The price (under negotiation) is lower than the international oil price, but not much, and there are few options. But in general, a few dollars lower than the market price.”
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    read more!

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April 11, 2014 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: US Dollar Funeral At Hand !

Storm Hurricane_Sandy_threatening_NewYork_Oct2012- storm

  • Jim Willie: US Dollar Funeral At Hand! 
    by http://www.silverdoctors.com/
    Summary
    A global clash of nations is underway in full gear.   The time is finally right. The urgency is acute.
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    The banking system insolvency is widespread. The illiquidity has reached the surface. The geopolitical chessboard has busy movements of many pieces, even with a delayed check in Ukraine after a devious capture of the Cyprus castle but not the Syrian knight. The Saudi support via OPEC for the Petro-Dollar has fallen out of view, dragging its pummeled chin on the desert sands. The Eastern superpowers are marching arm in arm, ready to challenge the West. It seems the Western leaders, in particular the robot sock puppets of the Untied States, see the end of the USDollar. They appear to wish to lay blame on Russia for the death of the dollar.
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    The global rejection began with the Iran sanction workarounds, where India bought Iran’s oil & gas, but paid with Turkish gold, delivered to Tehran banks. The global rejection will achieve escape velocity with the acceptance of Russian Rubles for its energy products. The global rejection will achieve additional escape velocity with the acceptance of Chinese Yuan payments for Saudi crude oil (then all OPEC oil).
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    Coming is the launch of both the gold-backed Russian Ruble and the gold-backed Chinese Yuan. The global rejection will be final, and the funeral will be announced. 
    =========================================
    By Jim WillieGoldenJackass.com
    A global clash of nations is underway in full gear. The storm is picking up speed, power, intensity, and damaging force. Many are the swirls of the current situation. A hodgepodge of topics have been caught and trapped, best to discharge on paper, the effect like a wondrous enema. The banker lies grow thicker, as they are unable to so easily deceive anymore. The potential currency fix appears more imminent, as the solution seen as an assault on American interests (military angle).
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    Any nation getting off the US Wagon Train is a rogue nation, the theme having become tired and ineffective. The fatal errors committed by the US economists and banker elite have finally resulted in clear signs of systemic failure. The psychological warfare is like a gigantic fog, as people’s defenses are being challenged, even those based in fantasy and convenience. The world is undergoing change, the nightmare continues, while the Paradigm Shift moves into the fast lane by expedience. Entire swaths of wealth are being waterlogged, tainted, and ruined.
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    The USDollar has been stuck in the corner for three years, finally pushed into the corner crack, sure to fall below the matt, where below lies a spittoon. The Hat Trick Letter informs and warns the public, converts the disheartened and confused among us, edifies clients, and provides forecasts like signposts to guide in the increasing fascist darkness. At the same time, it seems to drive families crazy, since when attempting to admonish and caution, the efforts are often seen as uncomfortable overturning of the temple tables (business and mental). So be it. Forewarned is forearmed, but many prefer their delusions and homes built upon false assumptions. The Jackass prefers reality accountable to the flow of events and verified facts, where actions can be taken in defense of livelihood and even life savings. The clash of worlds must be reported and properly understood.
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    CENTRAL BANKER LIARS
    Newly appointed USFed Chair Janet Yellen has wasted no time in her stream of lies. The crime syndicate headquarters talks of  tapering the bond monetization volume. As preface, be sure to know that unsterilized bond purchases, introduction of newly printed money without drainage in similar volume steps, has been considered the ultimate heretical practice for decades by the Economist Schools. It is called the greatest monetary sin, but now is blessed as a solution, perhaps no longer temporary. The Yellen Fed talks repeatedly about poor economic conditions, about weak bank structures, about punky labor markets, but also about improving something or other, while it speaks lies in great strokes. The financial circles applaud, while the business community languishes. They talk of reductions in the QE volumes, but they use back doors and proxies, hardly out of view. Yellen moved to the U6 jobless rate index, shoving the deceptive Clinton U3 jobless rate in the toilet. The USFed now has employed the Belgian bank as the new Caribbean offshore site. Its USTreasury Bond holdings are moving toward the $200 billion level. Recall this little turd on the economic table has no surplus and barely has an economy at all outside the finance sector. It operates as a parliament center and commission home office for pedafiles. The other deceptive tools used by the Yellen Fed are the same as those used by the Bernanke Fed, the powerful interest rate swap derivative. It produces leveraged phony demand without buyers, thus creates bond rallies out of thin air. Several banker murders were done to conceal the London Whale losses, estimated over $100 billion in the derivatives market. The story remains suppressed.
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    read more!

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April 10, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Charles Goyette: Ukraine May Accelerate PetroDollar’s Death!

April 10, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

Dr. Jim Willie: U.S. Economy on Brink of Systemic Failure!

  • Published on Apr 7, 2014
    IN THIS INTERVIEW:

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    - Japanese economic collapse ahead ►1:13
    - Former Bank of Japan Governor says Japan’s QE is ineffective at helping economy.** What about the Federal Reserve’s QE? ►4:40
    - Russia to stop trading in U.S. dollar; petrodollar system is ending ►8:44
    - How will the average American be affected by the collapse of the petrodollar system – possible hyperinflation in U.S. ►15:19
    - Is it too late to prepare? ►24:56
    Jim Willie online ►http://GoldenJackass.com 

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April 10, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , | Leave a comment

Collapse Of The United States & A New Economic World Order!

petrodollar_burning

  • Collapse Of The United States & A New Economic World Order! 
    by http://www.kingworldnews.com
    On the heels of continued uncertainty around the globe, today an acclaimed money manager told King World News that a “New Economic World Order” threatens to collapse U.S. supremacy and the dollar.  Stephen Leeb also spoke about how this will have a powerful impact on the gold market in this fascinating interview.
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    Leeb:
    “Eric, last week we spoke about the threat being posed by Russia, China, and the various BRIC nations, against the dominance of the U.S. dollar as the world’s reserve currency.  But if you look at the history of people who have challenged oil being priced in dollars, what happened is the U.S. has militarily wiped them off the face of the Earth….

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April 9, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

Russia’s Gazprom Plans to Sell Gas for Rubles!

http://en.itar-tass.com/economy/726785

Click on image to goto website!

  • Watch the war drums beat louder and louder! The western Illuminati will ratchet up their war propaganda against Russia and China. They will not allow anyone to threaten their global monetary hegemony, their world reserve currency: the dollar! They will attempt to start their Satanic World War 3!
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  • My understanding is that both Russia and China will not back down. They know war is coming, it is inevitable. The only way for them to cripple the war machine of the western Illuminati is to destroy the source of financing: the dollar. The western Illuminist banksters create trillions of dollars out of thin air to finance their wars of aggression, MIC, destabilization of nations, economic warfare, foment unrest/riots, manipulate prices, finance terrorism …. buy up the world.
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  • By selling gas in Ruble, Russia has effectively destroyed Wall Street’s ability to currency wage war against Russia. Because buyers will no longer need USD but need Ruble. Ie. demand for USD will decline and demand for Ruble will rise. There will not be any need for buyers (countries) to hold US Treasuries or USD to do business with Russia. Effectively, it is telling the western Illuminist banksters to piss off.
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  • It also implies that the Russians are prepared to dump the SWIFT system and use their own system (the long rumoured Gold Trade Settlement system by the China, Russia and the BRICS …. ).
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  • The end of the western Illuminati’s global monetary, economic and financial hegemony is near! So is World War 3!

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April 9, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Russian Lawmakers Call on Oil and Gas Producers to Ditch ‘Dirty, Bloody Dollar’!

http://rt.com/politics/russian-dollar-abandon-parliament-085/

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April 8, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

The Economic War Has Begun Which Will Lead To WWIII ?!

  • Published on Apr 4, 2014
    Get economic collapse news throughout the day visit http://x22report.com 

    More news visit http://thepeoplesnewz.com 
    Report date: 4.4.2014
    Cyprus unemployment is now at record highs in March and getting worse. The US unemployment number are manipulated and the real unemployment is around 30% and there are 91 million people not in the labor force. The NSA spying continues in the US and the majority of the people are protecting themselves. A US congressman believes they are underpaid and should get a raise. China and Russia are pushing the economic war forward which is a direct threat on the dollar. The Syrian opposition is using another chemical false flag event and blaming it on Assad.

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April 7, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

US COLLAPSE Critical Alert! Dollar Crash has Begun!

April 7, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

Moscow, Beijing Taking on the Dollar!

http://voiceofrussia.com/2013_07_26/Moscow-Beijing-taking-on-the-dollar-5431/

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April 7, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Timing the Collapse: Ron Paul Says Watch the Petrodollar!

PetroDollar_Scam_Breaking_Down

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  • As the dollar dies, the war drums will be beating louder and louder! Observe the news in the MSM. The western Illuminati will paint the west as victims reacting to the aggressive actions of their targeted enemies: Russia, China, Iran … etc.
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  • The western Illuminati will deceive their own sheeple into war against these nations for the purpose of preserving their global monetary, financial and economic hegemony! The sheeple are dumb as a door post. They are naïve, gullible, easily deceived useful idiots complicit in their own destruction and the destruction of others!
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  • Timing the Collapse: Ron Paul Says Watch the Petrodollar! 
    by Nick Giambruno, http://www.internationalman.com/
    “The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better.” (emphasis mine)
    ~ Ron Paul
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    What Ron Paul is referring to here is the petrodollar system. It’s one of the main pillars that’s been holding up the US dollar’s status as the world’s premier reserve currency since the breakdown of Bretton Woods.
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    Paul is essentially saying that, if we want to better understand the answer to the elusive question of “When will the fiat US dollar collapse?“, we have to watch the petrodollar system and the factors affecting it.
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    At the recent Casey Research Summit, I had the chance to speak extensively with Dr. Paul on this subject, and he told me that he stands by his assessment.
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    I believe this is critically important, because once the dollar loses this coveted status, the window of opportunity to take preventative action will definitively shut for Americans.
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    At that moment, I believe the US government will become sufficiently desperate and implement the destructive measures that governments throughout the world and throughout history have all taken (overt capital controls, wealth confiscations, people controls, price and wage controls, pension nationalizations, etc.)
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    But it’s not just the financial implications that need to be considered. The destruction of the dollar is going to wipe out the wealth of a lot people, and that will cause political and social consequences that will likely be worse than the financial consequences.
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    The three points to understand here are:
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    1.
    You absolutely must be internationalized before the US dollar loses its status as the premier reserve currency. Internationalization is your ultimate insurance policy.
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    2.
    The US dollar’s status as the premier reserve currency is tied to the petrodollar system.
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    3.
    The sustainability of the petrodollar system is linked to Middle East geopolitics. Having lived and worked in the Middle East for a number of years, this is a topic I know a thing or two about.
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    From Bretton Woods to the Petrodollar
    The dollar’s role as the world’s premier reserve currency was established in 1944 by the Allied powers in what was known as the Bretton Woods international monetary system.
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    Being victorious in WWII and possessing the overwhelmingly largest gold reserves in the world (around 20,000 tonnes) allowed the US to reconstruct the global monetary system with the dollar at its center.
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    read more!

ww3_countdown_begins_now

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April 7, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | 2 Comments

Welcome to the Currency War, Part 14: Russia, China, India Bypass the Petrodollar!

Death_of_dollar_RIP

  • Welcome to the Currency War, Part 14: Russia, China, India Bypass the Petrodollar! 
    by John Rubino, http://dollarcollapse.com/ 
    As it tries to punish Russia for the latter’s dismemberment of Ukraine, the West is discovering that the balance of power isn’t what it used to be. Russia is a huge supplier of oil and gas — traded in US dollars — which gives it both leverage over near-term energy flows and, far more ominous for the US, the ability to threaten the dollar’s reign as the world’s reserve currency. And it’s taking some big, active steps towards that goal. As Zero Hedge noted on Tuesday:
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    Russia Prepares Mega-Deal With India After Locking Up China With “Holy Grail” Gas Deal
    Last week we reported that while the West was busy alienating Russia in every diplomatic way possible, without of course exposing its crushing overreliance on Russian energy exports to keep European industries alive, Russia was just as busy cementing its ties with China, in this case courtesy of Europe’s most important company, Gazprom, which is preparing to announce the completion of a “holy grail” natural gas supply deal to Beijing. We also noted the following: “And as if pushing Russia into the warm embrace of the world’s most populous nation was not enough, there is also the second most populated country in the world, India.” Today we learn just how prescient this particular comment also was, when Reuters reported that Rosneft, the world’s top listed oil producer by output, may join forces with Indian state-run Oil and Natural Gas Corp to supply oil to India over the long term, the Russian state-controlled company said on Tuesday.
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    R
    osneft CEO Igor Sechin, an ally of President Vladimir Putin, travelled to India on Sunday, part of a wider Asian trip to shore up ties with eastern allies at a time when Moscow is being shunned by the West over its annexation of Crimea. Rosneft said it had also agreed with ONGC they may join forces in Rosneft’s yet-to-be built liquefied natural gas plant in the far east of Russia to the benefit of Indian consumers.
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    We just have one question: will payment for crude and LNG be made in Rubles or Rupees? Or in gold. Because it certainly won’t be in dollars.
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    read more!

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April 7, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

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