Saudis and the Dying Petrodollar: “The Global Economic Reset Has Begun”

A very well written article. In taking this a step further, war with Saudi Arabia could be on the horizon. The last time Middle Eastern nations tried to do away with the Petrodollar, America’s Achilles heel, they were invaded and their leaders were removed.

A war over oil is a war over the dollar. A war over the dollar is a war over America’s survival.

 

Editor’s Comment: As Brandon Smith makes eloquent in this article, a global showdown is looming, and the long-standing alliance between the United States and Saudi Arabia is likely to be broken, as self-interest drives new alliances in the era of global SDR currencies, and the end of the dollar’s special status on the world market. 

Oil prices have been deliberately skewed to a level that would disrupt entire nations, and test markets while a flood of resources is pulling out the safety net and things grind to a halt. As these events unfold in the near future, much of the ample corrupt between the Saudis and the secret government wing of the U.S. government is likely to surface… and there is much evil and misdeeds to draw from.

It’s been about 15 years now since passenger airliners struck the World Trade Center towers on 9/11, and we are still suffering the consequences of that day, though perhaps not in the ways many Americans might believe. Continue reading

This Is EXACTLY What The Early Phases Of A Market Meltdown Look Like

There is so much confusion out there.  On the days when the Dow goes down by several hundred points, lots of people pat me on the back and tell me that I “nailed” my call for the second half of this year.  But on the days when the Dow goes up by several hundred points, I get lots of people contacting me and telling me that they are confused because they thought the stock market was supposed to go down.  Well, the truth is that if there is going to be a full-blown market meltdown, we would expect for there to be wildly dramatic swings in the market both up and down.  A perfect example of this is what we experienced during the financial crisis of 2008.  9 of the 20 largest single day declines in stock market history happened that year, but 9 of the 20 largest single day increases in stock market history also happened that year.  If we are moving into another great financial crisis, there should be massive ups and massive downs, and that is precisely what we are witnessing right now. Continue reading

IMF Now Ready To Slam The Door On The U.S. And The Dollar

As I predicted last month in “We Have Just Witnessed The Last Gasp Of The Global Economy,” severe volatility is now returning to global markets after the pre-game 10 percent drop in equities in October hinted at what was to come….

This is not to say that individual central banks and even currencies are not expendable in the grand scheme of things. In fact, the long-term goal of globalists has been to consolidate all currency systems and central banks under the outward control of the International Monetary Fund and the Bank Of International Settlements, as I outlined in “The Economic Endgame Explained.”

That particular article was only a summary of a dangerous trend I have been concerned about for years; namely the strategy by international financiers to create a dollar-collapse scenario that will be blamed on prepositioned scapegoats. I have no idea what form these scapegoats will take – there are simply too many possible triggers for fiscal calamity. What I do know, though, is the goal of the endgame: to remove the dollar’s world reserve status and to pressure the American people into conforming or even begging for centralized administration of our economy by the IMF. Continue reading