Some have queried how it could be that President Putin would co-operate with President Trump to have OPEC+ push oil prices higher – when those higher prices precisely would only help sustain U.S. oil production. In effect, President Putin was being asked to underwrite a subsidy to the U.S. economy – at the expense of Russia’s own oil and gas sales – since U.S. shale production simply is not economic at these prices. In other words, Russia seemed to be shooting itself in the foot.
Continue reading Revolutionary Times and Systemic CollapseTag Archives: dollar collapse
Iran's De-Dollarization Complete
Sanctions and threats of war were being thrown at Iran but it has dealt with them gracefully, and now it has completed its de-dollarization program to free itself from the worthless paper currency to only deal with asset backed payments with other countries.
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Dollar Collapsing
Just a few hours ago, China unleashed its so-called Stealth QE sending the dollar spiraling down sharply.