2 thoughts on “Jimmy Dore: Is the Petrodollar Collapse Here?”
Jimmy Dore may not have known how to pronounce “yuan” , but somehow he always seems to plow through the BS and” get it right.” The clip of Putin and MBS smiling together tells a lot more than words on the future of the petrodollar.
Not petrodollar collapse, but inclusion of Yuan zone as first class finance. Which would lead to rise of East Asian global banking.
These historical shifts have happened before, and a gradual transition would give time for international capital, to figure out status and pecking order. EU wealth must be looking like a juicy meal for a lot of global players right now, and they’re perhaps wondering if they can take China’s or if China will take theirs. On the less stressful side, a can’t-lose opportunity to line pockets via inflated energy and weapons sales.
Middle east can be the working point, as a nexus of big money, world trade, and lever over institutions representing US nationalist ambition – via Israel especially. Conveniently enough, Biden, Blinken, Nuland did something that would be most inexcusable if it came to light. Imagine the pantomime surprise if Congress or the US/Euro media were to ‘suddenly discover’ some of the unseemly fashion sense of our most recent allies? Unthinkable, of course.
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Analysis & Book Reviews on U.S. Foreign Policy and Russia
Jimmy Dore may not have known how to pronounce “yuan” , but somehow he always seems to plow through the BS and” get it right.” The clip of Putin and MBS smiling together tells a lot more than words on the future of the petrodollar.
Not petrodollar collapse, but inclusion of Yuan zone as first class finance. Which would lead to rise of East Asian global banking.
These historical shifts have happened before, and a gradual transition would give time for international capital, to figure out status and pecking order. EU wealth must be looking like a juicy meal for a lot of global players right now, and they’re perhaps wondering if they can take China’s or if China will take theirs. On the less stressful side, a can’t-lose opportunity to line pockets via inflated energy and weapons sales.
Middle east can be the working point, as a nexus of big money, world trade, and lever over institutions representing US nationalist ambition – via Israel especially. Conveniently enough, Biden, Blinken, Nuland did something that would be most inexcusable if it came to light. Imagine the pantomime surprise if Congress or the US/Euro media were to ‘suddenly discover’ some of the unseemly fashion sense of our most recent allies? Unthinkable, of course.