The US dollar’s dominance as the world’s reserve currency is under threat, and that’s why Washington wants Russia to invade Ukraine.
Continue reading US Wants War in Ukraine Ultimately for USD HegemonyTag Archives: petrodollar hegemony
Revolutionary Times and Systemic Collapse
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 Collapse