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originally posted by: BornAgainAlien
a reply to: dragonridr
I`m talking about the Petrodollar Recycling System, which is depended on the use of it.
Petrodollar Recycling
originally posted by: BornAgainAlien
a reply to: dragonridr
US has an unlimited debt card because the selling of oil is done in US Dollars and US debt is bought back after that, only China and Russia are not doing that anymore, and also other countries are starting to use their own currencies instead of Dollars to trade.
By doing so, and by stopping to buy US debt (the recycling part), the US its unlimited debt card disappears and US won`t be able to maintain it`s huge amount of army spending. To be able to have that much money on hand, it`s needed that most oil trades are being done in Dollars, or else the Dollar pool will shrink too much.
originally posted by: BornAgainAlien
a reply to: dragonridr
Stupid me, it was all about Russia bashing of course and how to maintain the fallacy of US being untouchable.
You have really no clue about what you are talking about, hence I will go back to not participating in economy discussions on this forum, it`s simply too difficult for most...I have in the past spend lots of times discussing it on an actual trader forum, and those people had the knowledge and understanding on how it works.
I will leave you with another explaining about it...
Preparing for the Collapse of the Petrodollar System
Have fun with it !
You must really brush up on your anti Amarican rants you might get fired.
Do you ever source any facts try things like Forbes good to get your feet wet in the financial market.
Yes, I have been trading on MSM economic news,
Robinson is frequently quoted by the mainstream media on the topic of money, geopolitics, and the economy. He has appeared on FoxNews, The Blaze, and has been quoted as an economic authority by the USA Today, TIME magazine and several other television and print media outlets. His writings have appeared regularly in numerous print and web publications, including WorldNetDaily, Townhall, FinancialSense, and Infowars.
I don't understand why you can't consider the possibility that Ukrainians themselves actually want the benefits of closer relations with the EU.
originally posted by: intrptr
You mean become saddled with enormous debt and endless war? The EU is a common currency disaster. The original settlers that left the Euro zone went to America to get away from all that. You think they set sail in leaky boats on a dangerous crossing and fought starvation, wild animals and Natives because they liked it where they were?
Anyway, I'm pretty sure you can see the reality of Ukrainian people wanting a better life and choosing to economically link up with the EU.
originally posted by: intrptr
a reply to: noeltrotsky
I don't understand why you can't consider the possibility that Ukrainians themselves actually want the benefits of closer relations with the EU.
You mean become saddled with enormous debt and endless war? The EU is a common currency disaster. The original settlers that left the Euro zone went to America to get away from all that. You think they set sail in leaky boats on a dangerous crossing and fought starvation, wild animals and Natives because they liked it where they were?
originally posted by: rebelv
a reply to: Xcathdra
I agree, it would appear that the proverbial ball is
in our court.
I feel this is a game.
We do something, The Russians Counter-move. It's insane.
Rebel 5
originally posted by: intrptr
a reply to: noeltrotsky
Anyway, I'm pretty sure you can see the reality of Ukrainian people wanting a better life and choosing to economically link up with the EU.
Thats subjective on your part. The reality I see is conflict among the Ukranians about that very issue.
heres what some of that apparently looks like…
originally posted by: dragonridr
originally posted by: rebelv
a reply to: Xcathdra
I agree, it would appear that the proverbial ball is
in our court.
I feel this is a game.
We do something, The Russians Counter-move. It's insane.
Rebel 5
US isn't really countering it's policy hasn't changed since the start. OBama is treating Russia like North Korea. Put on sanctions and not allow US money to flow into Russia. Sanctions have blown up the Russian exonomy. Was reading yesterday a Russian economist who said US actions guranteed 0 growth and high inflation for the next decade. And said it will take a miracle not to have a 10 year recession.
The US doesn't have to do anything here really despite some in congress. Russia doesn't have the money to increase military spending in fact they are already cutting it. Their brand new Tank the armada is done closing down the plant. Inflation means Russia won't be able to feed it's people. And if this isn't bad enough for them they are cutting salaries in Russia. Putin can yell and scream all he likes bottom line was he didn't realize how important foreign investment was to his recovery.
Now the US just sits back and watches Russia implode again like they did in the 90s. Only this time I doubt the west will bail them out. Though if Putin is gone maybe they will give them billions like last time to salvage the economy. But I think this time around that is less likely to happen. The hard part will be stopping the Rusian People from starving. The west will have to be very carfull that any humanitarian aid gets to the people sane as they do in North Korea.