Karlysymon
Superstar
- Joined
- Mar 18, 2017
- Messages
- 6,820
While everyone's attention was arrested by the hurricanes and North Korea, Venezuela quietly unpegged.
"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 you that do understand what I am talking about, this should send a chill up your spine. The petrodollar is one of the key pillars of the global financial system, and it allows us to live a far higher standard of living than we actually deserve. The dominance of the petrodollar has been very
jealously guarded by our
government in the past,and that is why many are now concerned that this move by Venezuela could potentially lead us to war.... The government of this oil-rich but struggling country,looking for ways to circumvent U.S. sanctions, is telling oil traders that it will no longer receive or send payments in dollars, ....
fact that virtually everyone
around the world has to use our currency to buy oil is a massive advantage for us. Venezuela knows this, and so in response to new sanctions being imposed
upon them, they are hitting us where it hurts…
Venezuela Begins Publishing Oil Basket Price In Yuan
"Venezuela is going to implement a new system of international payments and will create a basket of currencies to free us from the dollar,” Yesterday Venezuela temporarily suspended the sale of U.S. dollars through its Dicom
auction system. This (and other moves) was in response to U.S. sanctions put in place by the Trump administration. Trump claims the sanctions are there to punish the country’s autocratic leaders. Maduro claims Washington’s move was
part of an “economic war”.
Suddenly, de-dollarization is a thing.
Talk about punishing autocratic leaders, Assad sat down with RT for an interview:
“Western propaganda has,
from the very beginning,
been about the cause of
the problem being the
president. Why? Because they want to portray the whole problem in Syria lies in one individual; and consequently the natural
reaction for many people is
that, if the problem lies in
one individual, that
individual should not be
more important than the entire homeland. So let
that individual go and
things will be alright. That’s how they
oversimplify things in the
West.”
...
“Notice what happened in
the Western media since
the coup in Ukraine. What
happened? President Putin was transformed from a
friend of the West to a foe and, yet again, he was
characterized as a tsar…
This is Western propaganda. They say that if the president went things will get better.”
"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 you that do understand what I am talking about, this should send a chill up your spine. The petrodollar is one of the key pillars of the global financial system, and it allows us to live a far higher standard of living than we actually deserve. The dominance of the petrodollar has been very
jealously guarded by our
government in the past,and that is why many are now concerned that this move by Venezuela could potentially lead us to war.... The government of this oil-rich but struggling country,looking for ways to circumvent U.S. sanctions, is telling oil traders that it will no longer receive or send payments in dollars, ....
fact that virtually everyone
around the world has to use our currency to buy oil is a massive advantage for us. Venezuela knows this, and so in response to new sanctions being imposed
upon them, they are hitting us where it hurts…
Venezuela Begins Publishing Oil Basket Price In Yuan
"Venezuela is going to implement a new system of international payments and will create a basket of currencies to free us from the dollar,” Yesterday Venezuela temporarily suspended the sale of U.S. dollars through its Dicom
auction system. This (and other moves) was in response to U.S. sanctions put in place by the Trump administration. Trump claims the sanctions are there to punish the country’s autocratic leaders. Maduro claims Washington’s move was
part of an “economic war”.
Suddenly, de-dollarization is a thing.
Talk about punishing autocratic leaders, Assad sat down with RT for an interview:
“Western propaganda has,
from the very beginning,
been about the cause of
the problem being the
president. Why? Because they want to portray the whole problem in Syria lies in one individual; and consequently the natural
reaction for many people is
that, if the problem lies in
one individual, that
individual should not be
more important than the entire homeland. So let
that individual go and
things will be alright. That’s how they
oversimplify things in the
West.”
...
“Notice what happened in
the Western media since
the coup in Ukraine. What
happened? President Putin was transformed from a
friend of the West to a foe and, yet again, he was
characterized as a tsar…
This is Western propaganda. They say that if the president went things will get better.”