https://www.thehindubusinessline.com/opinion/how-dollar-hegemony-is-gradually-receding/article65663386.ece
We had it made. The entire world was supporting US global domination by making all their oil trades in US Dollars. The demand all of that oil trade created for the USD on the global currency markets was so far and above that of any other currency, the USD had guarenteed global strength regardless of what happened within the US national economy. This dollar strength not only allowed for cheap imports of consumer goods and oil for the American people, it allowed the Federal Reserve to print USD with impunity. Other countries could not do that without devaluing their currency. The US had no such restrictions because the USD is valued by that huge international demand.
So WTF happened?
I'll tell you what happened. The fucking kikes is what happened. They have turned the world against the US and it was started in the late 1990s by the members of their Project for a New American Century. They were; Richard Perle, William Kristol, Robert Kagan, Devon Gaffney Cross, Bruce Jackson, John Bolton, Dick Cheney, Donald Rumsfeld, Paul Wolfowitz, Ellen Bork, Timothy Lehmann, Giselle Donnelly, Reuel Marc Gerecht, Gary Schmitt, Michael Goldfarb, Dov Zakheim, Daniel McKivergan, Christopher Maletz, Elliott Abrams, Gary Bauer, William J. Bennett, John Ellis, Jeb Bush, Eliot Cohen, Midge Decter, Paula Dobriansky, Steve Forbes, Aaron Friedberg, Francis Fukuyama, Frank Gaffney, Fred C. Ikle, Donald Kagan, Zalmay Khalilzad, Lewis Libby, Norman Podhoretz, Dan Quayle, Peter Rodman, Stephen Rosen, Henry Rowen[5]
Donald Rumsfeld, Vin Weber, George Weigel.
For the three decades prior to that, US foreign policy had been to protect diplomatic relations with the OPEC nations at all costs because US petro-dollar hegemony depended on OPEC co-operating by making their oil sales in US Dollars. This is why in 1992 Desert Storm was so important. Iraq and Kuwait were both petro-dollar nations. Both had been promised US "Protection" in return for them making their oil sales in USD. So when Iraq invaded Kuwait the US government was in a precarious situation. Their petro-dollar promises of protection were being tested in front of all the oil producing nations. This is why the US formed the Desert Storm coalition to protect Kuwait by driving Iraq's troops out but at the same time not violating Iraq's sovereignty by crossing into Iraq. The idea was that OPEC would see the US acting fairly and responsibly to end conflict and keep the peace which is exactly what OPEC wanted to see and love him or hate him, no one can deny, George Bush Snr handled it perfectly.
At the time, a lot of people who did not really understand what was at stake said the coalition should have overthrown Saddam's government in Iraq at the same time but had they done that, the rest of OPEC could have seen it as a US violation of their petro-dollar agreement promises to Iraq. That could have triggered doubts and mistrust within OPEC that could have threatened the entire petro-dollar apple cart.
So this kid gloves handling of the situation all changed when the members of the PNAC I listed above, decided the US should not have to pander diplomatically to the OPEC nations anymore if they overthrow their governments to install puppets that could be controlled by Washington. That would also remove the threat those countries posed to Israeli domination and territorial ambitions in the region (which of course was the real reason for actually doing it).
The result of those decisions was the year 2000 soft coup that used fraudulent election results to keep Al Gore out and to install those PNAC Kikes into the White House under the guise of the Bush Adminstration. They then carried out the 911 event that would be used to justify the invasion of the middle east by US troops to overthrow Saddam's government in Iraq. That was to be followed by typical CIA operations that trained terrorist paramilitaries to wage US backed civil wars in other key oil producing nations like Libya and Syria that were supposed to overthrow their governments too.
With hindsight we can see what a massive blunder all of that was. Their phoney 911 terrorist attack followed by their blatent disregard for the UN resolutions that instructed not to invade Iraq and then their phoney ISIS terrorist group with their hollwood scary black terrorist uniforms was not fooling anyone. The whole world's intelligence agencies had to have been in awe at how monumentally stupid all of that was and the extent it revealed to the world the level of criminality that is the US government and even after all that they still never managed to overthrow the rest of the OPEC governments.
So yeah. The PNAC kikes literally destroyed global confidence in the US and wrecked the entire system of diplomatic relations that had held the petro-dollar racket together for 3 decades and now thanks to them we will probably soon see a complete collapse of the US led western economy.
[–]Bigs 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)
[–]adultmanhwa 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)