It was never about oil. It was always about money

GrindtooFilthy

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Shower thought it just hit me. This was never about oil. It was never about resources. It was always about the money specifically the petrodollar and the need to make sure that the petrodollar never falls to BRICS. The minute they unpegged the dollar from the gold standard and defaulted into fiat currency instead of letting the collapse happen in the 70s after the Cold War they snowballed into something else and we got the 2008 crash.

Venezuela announced it would "free itself from the dollar." They started accepting yuan, euros, rubles, anything BUT dollars for oil. They were petitioning to join BRICS. They were building direct payment channels with China that bypass SWIFT entirely. And they were sitting on enough oil to fund de-dollarization for decades.

the entire American financial system is built on one thing: The petrodollar. In 1974, Henry Kissinger made a deal with Saudi Arabia: All oil sold globally must be priced in US dollars. In exchange, America provides military protection. This single agreement created artificial demand for dollars worldwide. Every country on Earth needs dollars to buy oil. This lets America print unlimited money while other countries work for it. It funds the military. The welfare state. The deficit spending. The petrodollar is more important to US hegemony than aircraft carriers.

Gaddafi proposes a gold-backed African currency called the "gold dinar" for oil trade. To rid themselves of using the petrodollar. Next thing war hawk Hillary Clinton orchestrated the assassination. They couldn’t let that come to pass

The places bombs don’t adhere to the banking system in place and also makes sense why there’s an insane rise crypto the current monetarily values are failing and they need a new central banking system to enforce control.

Slowly, and surely I think everyone has now come to realize that what the US is doing is just unsustainable and I think China and Russia will call the Bluff to see how long they’re willing to go to make sure it’s enforced no doubt about it. It will crash.

The coming decades are about to be insane. At this point I predict a second stock market crash worse than 2008. Gold, silver, and certain cryptocurrencies might be the only thing useful. We might be done with paper money and be fully digital soon.

Of course I could be paranoid out my mind and rambling but at this point orange man has proved anything and everything is possible for him to do. We are seeing things being done overtly in real time that no generation has seen before.
 

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Sunset Park
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Shower thought it just hit me. This was never about oil. It was never about resources. It was always about the money specifically the petrodollar and the need to make sure that the petrodollar never falls to BRICS. The minute they unpegged the dollar from the gold standard and defaulted into fiat currency instead of letting the collapse happen in the 70s after the Cold War they snowballed into something else and we got the 2008 crash.

Venezuela announced it would "free itself from the dollar." They started accepting yuan, euros, rubles, anything BUT dollars for oil. They were petitioning to join BRICS. They were building direct payment channels with China that bypass SWIFT entirely. And they were sitting on enough oil to fund de-dollarization for decades.

the entire American financial system is built on one thing: The petrodollar. In 1974, Henry Kissinger made a deal with Saudi Arabia: All oil sold globally must be priced in US dollars. In exchange, America provides military protection. This single agreement created artificial demand for dollars worldwide. Every country on Earth needs dollars to buy oil. This lets America print unlimited money while other countries work for it. It funds the military. The welfare state. The deficit spending. The petrodollar is more important to US hegemony than aircraft carriers.

Gaddafi proposes a gold-backed African currency called the "gold dinar" for oil trade. To rid themselves of using the petrodollar. Next thing war hawk Hillary Clinton orchestrated the assassination. They couldn’t let that come to pass

The places bombs don’t adhere to the banking system in place and also makes sense why there’s an insane rise crypto the current monetarily values are failing and they need a new central banking system to enforce control.

Slowly, and surely I think everyone has now come to realize that what the US is doing is just unsustainable and I think China and Russia will call the Bluff to see how long they’re willing to go to make sure it’s enforced no doubt about it. It will crash.

The coming decades are about to be insane. At this point I predict a second stock market crash worse than 2008. Gold, silver, and certain cryptocurrencies might be the only thing useful. We might be done with paper money and be fully digital soon.

Of course I could be paranoid out my mind and rambling but at this point orange man has proved anything and everything is possible for him to do. We are seeing things being done overtly in real time that no generation has seen before.

1000%
 

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Sunset Park
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Shower thought it just hit me. This was never about oil. It was never about resources. It was always about the money specifically the petrodollar and the need to make sure that the petrodollar never falls to BRICS. The minute they unpegged the dollar from the gold standard and defaulted into fiat currency instead of letting the collapse happen in the 70s after the Cold War they snowballed into something else and we got the 2008 crash.

Venezuela announced it would "free itself from the dollar." They started accepting yuan, euros, rubles, anything BUT dollars for oil. They were petitioning to join BRICS. They were building direct payment channels with China that bypass SWIFT entirely. And they were sitting on enough oil to fund de-dollarization for decades.

the entire American financial system is built on one thing: The petrodollar. In 1974, Henry Kissinger made a deal with Saudi Arabia: All oil sold globally must be priced in US dollars. In exchange, America provides military protection. This single agreement created artificial demand for dollars worldwide. Every country on Earth needs dollars to buy oil. This lets America print unlimited money while other countries work for it. It funds the military. The welfare state. The deficit spending. The petrodollar is more important to US hegemony than aircraft carriers.

Gaddafi proposes a gold-backed African currency called the "gold dinar" for oil trade. To rid themselves of using the petrodollar. Next thing war hawk Hillary Clinton orchestrated the assassination. They couldn’t let that come to pass

The places bombs don’t adhere to the banking system in place and also makes sense why there’s an insane rise crypto the current monetarily values are failing and they need a new central banking system to enforce control.

Slowly, and surely I think everyone has now come to realize that what the US is doing is just unsustainable and I think China and Russia will call the Bluff to see how long they’re willing to go to make sure it’s enforced no doubt about it. It will crash.

The coming decades are about to be insane. At this point I predict a second stock market crash worse than 2008. Gold, silver, and certain cryptocurrencies might be the only thing useful. We might be done with paper money and be fully digital soon.

Of course I could be paranoid out my mind and rambling but at this point orange man has proved anything and everything is possible for him to do. We are seeing things being done overtly in real time that no generation has seen before.



Please watch this:
 

Hater Eraser

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That California Lifestyle ...
full


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:yeshrug:
 

Gloxina

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Shower thought it just hit me. This was never about oil. It was never about resources. It was always about the money specifically the petrodollar and the need to make sure that the petrodollar never falls to BRICS. The minute they unpegged the dollar from the gold standard and defaulted into fiat currency instead of letting the collapse happen in the 70s after the Cold War they snowballed into something else and we got the 2008 crash.

Venezuela announced it would "free itself from the dollar." They started accepting yuan, euros, rubles, anything BUT dollars for oil. They were petitioning to join BRICS. They were building direct payment channels with China that bypass SWIFT entirely. And they were sitting on enough oil to fund de-dollarization for decades.

the entire American financial system is built on one thing: The petrodollar. In 1974, Henry Kissinger made a deal with Saudi Arabia: All oil sold globally must be priced in US dollars. In exchange, America provides military protection. This single agreement created artificial demand for dollars worldwide. Every country on Earth needs dollars to buy oil. This lets America print unlimited money while other countries work for it. It funds the military. The welfare state. The deficit spending. The petrodollar is more important to US hegemony than aircraft carriers.

Gaddafi proposes a gold-backed African currency called the "gold dinar" for oil trade. To rid themselves of using the petrodollar. Next thing war hawk Hillary Clinton orchestrated the assassination. They couldn’t let that come to pass

The places bombs don’t adhere to the banking system in place and also makes sense why there’s an insane rise crypto the current monetarily values are failing and they need a new central banking system to enforce control.

Slowly, and surely I think everyone has now come to realize that what the US is doing is just unsustainable and I think China and Russia will call the Bluff to see how long they’re willing to go to make sure it’s enforced no doubt about it. It will crash.

The coming decades are about to be insane. At this point I predict a second stock market crash worse than 2008. Gold, silver, and certain cryptocurrencies might be the only thing useful. We might be done with paper money and be fully digital soon.

Of course I could be paranoid out my mind and rambling but at this point orange man has proved anything and everything is possible for him to do. We are seeing things being done overtly in real time that no generation has seen before.
Naw you’re exactly right.




And big on “CERTAIN cryptocurrencies”.



Folks better swing by the Coli crypto thread sooner rather than later :sas2:
 

GrindtooFilthy

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Control of the oil is key to the plan though. So your thesis is inherently flawed. It’s always about money but having access to large reserves of oil is the catalyst
This assuming that you think the petrodollar won’t collapse On itself. When that happens what good is oil if we can trade it outside of the dollar.
 

OneManGang

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This assuming that you think the petrodollar won’t collapse On itself. When that happens what good is oil if we can trade it outside of the dollar.
If the dollar collapses it will be from a variety of reasons. But with oil being a resource that is finite it’s hard to really think controlling large reserves won’t keep the dollar afloat for a bit longer. Im not disagreeing with you though the dollar is definitely on its sick bed
 

jadillac

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Shower thought it just hit me. This was never about oil. It was never about resources. It was always about the money specifically the petrodollar and the need to make sure that the petrodollar never falls to BRICS. The minute they unpegged the dollar from the gold standard and defaulted into fiat currency instead of letting the collapse happen in the 70s after the Cold War they snowballed into something else and we got the 2008 crash.

Venezuela announced it would "free itself from the dollar." They started accepting yuan, euros, rubles, anything BUT dollars for oil. They were petitioning to join BRICS. They were building direct payment channels with China that bypass SWIFT entirely. And they were sitting on enough oil to fund de-dollarization for decades.

the entire American financial system is built on one thing: The petrodollar. In 1974, Henry Kissinger made a deal with Saudi Arabia: All oil sold globally must be priced in US dollars. In exchange, America provides military protection. This single agreement created artificial demand for dollars worldwide. Every country on Earth needs dollars to buy oil. This lets America print unlimited money while other countries work for it. It funds the military. The welfare state. The deficit spending. The petrodollar is more important to US hegemony than aircraft carriers.

Gaddafi proposes a gold-backed African currency called the "gold dinar" for oil trade. To rid themselves of using the petrodollar. Next thing war hawk Hillary Clinton orchestrated the assassination. They couldn’t let that come to pass

The places bombs don’t adhere to the banking system in place and also makes sense why there’s an insane rise crypto the current monetarily values are failing and they need a new central banking system to enforce control.

Slowly, and surely I think everyone has now come to realize that what the US is doing is just unsustainable and I think China and Russia will call the Bluff to see how long they’re willing to go to make sure it’s enforced no doubt about it. It will crash.

The coming decades are about to be insane. At this point I predict a second stock market crash worse than 2008. Gold, silver, and certain cryptocurrencies might be the only thing useful. We might be done with paper money and be fully digital soon.

Of course I could be paranoid out my mind and rambling but at this point orange man has proved anything and everything is possible for him to do. We are seeing things being done overtly in real time that no generation has seen before.
Interesting.

But i think it's always about the oil foremost.

Now, why did it take so long to get it from Venezuela? That's my question.

Thry focused on middle east oil for decades
 

GrindtooFilthy

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Interesting.

But i think it's always about the oil foremost.

Now, why did it take so long to get it from Venezuela? That's my question.

Thry focused on middle east oil for decades
oil does not equal wealth.

Wealth comes from access, alliances, and integration into global finance.

Venezuela’s oil is:
• heavy crude (expensive to refine)
• restricted by sanctions/embargoes
• cut off from banking, insurance, and shipping
• politically isolated after nationalization

Saudi Arabia’s oil is:
• light & cheap to extract
• backed by Western alliances
• priced in USD
• flooded with foreign capital & tech

Same resource. Completely different geopolitical permission structure.
 

Claudex

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You are correct OP.
The US is NOT unaware of what a debt of $38,5 Trillion usd means, this debt "works" 'cause the dollar is a reserve currency. The pillar of that reserve currency is oil, priced and settled in dolars. They may not talk about it much, but every administration sees this.

Venezuela is a huge win for three reasons:
1. Petro dollar
2. Vast reserves
3. Counter balance to Saudi Arabia that dictates the price of the barrel unilaterally. This is the most underrated part of the strategy, Saudi Arabia runs a dictatorship where oil is concerned, it can flood or choke the oil supply by itself.

You see it OP: It’s about preventing a future where US debt must behave like normal debt.

As for China and Russia...

China: If the dollar collapses too fast, China’s balance sheet implodes with it (because of their huge dollar reserves). So their strategy is slow corrosion. Killing the petro dollar is stupid, it will just ignite a war with the US (smoke that China does not want to invite), they need to slowly but steadily build an alternative to the petrodollar even if it takes 20 years.

Russia is more fukked. The sanctions forced Russia to follow a path of forced decoupling. It ain't a choice for them no more...it's a matter of survival. As long as trade is tied to the US dollar, them sanctions bite hard. If other currencies or non-financial settlement mechanisms are used, Russia can kinda sidestep that pressure. That’s why Russia leans so heavy on China. They crossed a point of no return and are now operating in a system where financial sovereignty matters way fukking more than efficiency.

TL;DR: The US fights to preserve the system. China slowly builds an exit ramp. Russia scrambling trying to join China's plan/path, with the dollar demon chasing the hell out of them.
 
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