Russia and China dumped the US - Petro dollar and Dow Drops

originally posted by: undo
and more food for thought (he does have a section in the video that is the same as the video i posted of him earlier, but this one is more complete and contains further data, such as what was happening during vietnam and ww2, not to mention the wars since then.

Thanks for posting the interview with Prof. Anthony Sutton. I just purchased one of his books. Seymour Hirsch and Noam Chomsky have published works illustrating how the US finances and gives material assistance to terrorists through its proxies. This would be in contrast to Sutton's research, which clearly showed how corporations left paper trails in their financing of national socialism (Hitler, Soviets, Vietnam) during the cold war.

In the context of this thread, we (US) have a conflict in the covert support of terrorism (terrorist states and groups) within the current status of two other heavy weights competing in global economics. While the United States benefits from the threat of terrorism in war profiteering and increased regional influences in the Middle East, Russia and China have decided to join hands in mitigating and even shrinking America's "corporate" monopoly in foreign policy, petroleum resources and military superiority. I think the crack appears in the sinking of the dollar as a global currency, which until then gives the US and its inhabitants a huge advantage in the end price of oil, and thus food and other products. Once that nut has been cracked (and it's coming) the US will pay its increase in fuel costs according to its trade value against Russian and/or Chinese currencies or with whatever currency replaces the dollar.

Sorry brah!!! They didnt dump the petro-dollar and the market hasnt crashed. Carry on with doom and gloom.

originally posted by: undo
a reply to: ElectricUniverse

well this video appears to support your premise, that wall street corporations funded the bolshevik revolution/ if you watch the whole thing, you learn all kinds of eyebrow raising things they never taught in school

Well, Prof. Sutton was right, except that these financers were international, not just from the U.S. Sutton's own research found out that these and other "red revolutions" were funded by international bankers. The money starter rolling from the U.S. taxpayers to fund these "red revolutions" thanks to the Federal Reserve and their owners/financiers.

a reply to: undo

“Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive that they had better not speak above their breath when they speak in condemnation of it.”


Woodrow Wilson


Read more quotes from Woodrow Wilson

www.goodreads.com...

Need more be said, or in this case written?...

originally posted by: Phage
a reply to: borntowatch

Gadaffi was bombed by western nations.

Yes, he was. By the US in 1986.

He was killed in 2011 by the rebel opposition which deposed him.

Neither of which had anything to do with currency.

Kaddafi was murdered on the orders of a laughing Hillary Clinton. Kaddafi was guaranteed normalized relations with the US after he dismantled his nuclear, chemical, and biological weapons programs. The "rebel opposition" were Al Qaida linked jihadists who were being helped by the US. The same strategy is being used in Syria. Do you really believe that Kaddafi's location wasn't provided by US intelligence? The murder of Kaddafi had everything to do with currency. Either you are ignorant and brainwashed, or you are purposely lying.

originally posted by: princeofpeace
Sorry brah!!! They didnt dump the petro-dollar and the market hasnt crashed. Carry on with doom and gloom.

Not only that, there's no such thing as a 'petro-dollar', unless you're a kleptocratic petrostate, in which it refers to the wealth the rulers have already for themselves for having the luck to be born in a certain location to a certain scrotum.

It's like thinking the dominance of the U.K. Pound in the 19th century was a result of the international tea trade being conducted in pounds. It's the other way around, tea was traded in pounds because U.K. was financially & politically dominant.

What does determine the dominance of a currency? Not the oil trade. The money trade. Quite literally: the debt markets (bonds + loans) are the central axis of finance.