If U.S. Dollar (USD) Reserve Currency Status, maintained by Gulf-Arab Petrodollar recycling, makes way for the Asian century’s Petro-yuan, the huge and growing U.S. Current Account deficit becomes unhinged and the entire edifice crumbles. Hence the pivot to Asia, underpinned by a pivot to Persia.
With this in mind, one may come to understand the seemingly “sudden” — rapprochement has actually been ongoing for more than 18 months — need for a nuclear deal.
I’m not at one with Marin Katusa’s ideology (video above) on shale, for instance (my world does not belong to finance men and their grey suits — not that they aren’t part of my world, they just don’t run my world), but he certainly has an understanding of the petrodollar. And so should you. Listen to the first 10 minutes.
When you see this happen, you’ll know it’s game over for the dollar…. I give it 2-3 years.
Ukraine as the US Dollar Waterloo
The desperation of the Anglo-American leadership, guided by the steady corrupt banker hands, has never been more acutely high, nor obvious in full view. The entire Ukraine situation is a travesty. It includes Langley agents killing police and street demonstrators from rooftops, the confirmation coming from the Estonian Embassy (translation of scripts). It includes thefts of official Ukrainian Govt funds, again sent to the Swiss hill sanctuary. It includes sanctions delivered by a US Paper Tiger, sure to cause horrific backlash. It involves the last gasp attempt to obstruct the Gazprom energy pipelines, which will inevitably corner the European market in monopoly. It involves subterfuge with the NATO card (aka Narcotics And Treachery Outlaws) with missiles placed on the Russian borders. Look for NATO members to find a back door to exit the spurious treaty. It involves playing with nitro-glycerine in the Petro-Dollar room. It involves putting tremendous risk for much more clear isolation of the United States.
What of the Shale Revolution which promises energy independence for America?