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7677
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4/1/2008
Location
Edwardsville, IL
US
Edited Date/Time
6/12/2024 6:06pm
The Saudis are no longer going to sell oil strictly in US dollars. They have been in agreement since the 70’s.
So what does this mean? Well, multiple things but it all boils down to one thing. The US dollar is going to get weaker and this is the first domino. Now that Saudis have broken away from the dollar others will follow.
Majority of countries base their own currencies off of the US dollar, and soon they will follow suite as the dollar weakens and another currency strengthens. To what end? Digital currency
what are they going to use instead, renminbi and yuan?
Isn't China about a blink away from a real estate crash that will make 2008 look like a hiccup?
Isn't oil kind of the new "currency" already?
it’s not the oil companies that jack up gasoline prices…RBOB is trading at 2.38 for the current months contract and depending in the region that you live in your government (state and national) add taxes to that amount and you also have to add transportation to that also….:you probably know that margins on gasoline are super thin so no oil companies are profiting from that refiners make money from crack spreads (breaking the hydrocarbons into different products).
So no, Oil is not the "currency"
I’ve been paying attention.
https://en.m.wikipedia.org/wiki/BRICS#Member_states
Yup, no worries though, Bidens got this covered
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I bet less than 1% of democrats know about the brics
Anybody, with half a brain, doesn’t trust any media source at this point. Intelligence gathering, I’ll go look at three, four, five sources, then try to form an opinion.
BRICS is the new Axis of Evil. They’re going to destroy the United States and never fire a shot in anger. Which economic genius is allowing this to transpire?
If the United States collapses, it’ll be over the failure of the dollar, inflation, and an over taxed infrastructure (read illegal immigrants here).
We are what, two or three generations removed from the Great Depression?
Pecos,Tx. Area has enough oil to power the world 10,000 yrs. A few engineers with ovr 40 yrs exp told me that. When I was there in Nov 2018 to March 19 We never needed there oil. The economy crashed Feb 2021 , 200 mi radius of the biggest trk and rail hub in America 48k trks mt & available for work on a what should b a busy Friday. And there’s 78 loads that’s covering 4 states also. A few months earlier it was 80k lds and no trks available. The day after biden fired missles at the taliban from seria . A punk move to prove he’s a strong leader & a war monger like all dems. The economy crashed. Chicago & northern Indiana must hv 800k trks for sale. They ran out of room in Chicago so they built 400 acre yards off of i65 & other places. 50k bankruptcies a week .
Like clockwork Saudi has joined Mbridge (central bank digital currency)
tik tok
Food, fuel, firearms.
If you aren’t starting each month with more of all of these things than you did the month before….you should be.
BRICS has been in planning for a long time. People here in the US are just now starting to hear about it, thanks to MSM. They don’t give us real news, they give us a story to condition us for whatever agenda the PTB want to push but that’s a whole another discussion…
Back to BRICS, They are doing what they are doing for trade and to work around the hegemony of the fiat US petro dollar. They are adjusting their currencies to being asset backed, based on the natural resources of each country, so they can have equitable trade with each other. Fiat currencies typically have a life cycle of 75-100 years and the US has been on the fiat system since a certain group of our banksters and politicians took a secretive train ride down to Jekyll Island in 1913 and created the Federal Reserve Bank (which is privately owned primarily by foreign bankers and there’s nothing “federal” about it). The banksters have squeezed all the juice they can out of this fiat cycle. Like it or not, the financial system we are all used to is coming to an end. Eventually, the US will also move to an asset backed currency. BRICS member countries already include around half of the world’s population and 40ish% of global GDP.
I am as patriotic as anyone and definitely anti-globalist but economically, the writing is on the wall. The times are changing fellas. Get ready, or as someone that used to have a lot to say in non moto used to say “stay tuned.’😎
Edit: Also, there will be some changes in the way you are used to doing your “banking”.
stop it. Biden has this entirely under control. And I'd like to note that this is another thread mostly dodged by our left-leaning members. wonder why?
The game that Yellen is playing AGAINST “The Fed” is sooooo lost on the minions.
You Can Not Make This Shit Up
People really need to be paying attention to all of this. Major major moves happening all detrimental to the US. But hey, let’s keep talking about sham trials because yeah. Orange man bad
The parallels between the Wilson and Biden administrations all the way down to their incapacitated presidents and the power hold of the wives is amazing.
You Can Not Make This Shit Up
The average zoned out, mainstream media consumer, has no idea…….
……….”these are not the drones you’re looking for”!
Motodrive non-moto , to its credit , was onto this stuff 20 yrs ago! And we were the ones being labeled as the crazies . Oh how the world turns as the world … turns.
Like Broon said, “Monkeys”.
Pit Row
Woodrow Wilson has had my vote as the worst President ever for what he let happen under his watch, followed by FDR for letting Pearl Harbor happen, leading us into WWII.
Obiden said “hold my beer” and is giving them both a serious run for the money…
All of this BS can be traced back to the banksters who make metric shit tonnes of money by feeding the military industrial complex while financing both sides of a war. As always, follow the money. That’s why we are where we are right now. The banksters are low on funds and the machine needs to be fed. They don’t care how many of us useless eaters die in order for them to accomplish their goals.
Wilson allowed so many awful things under his presidency. Including the current system of feeding the machine and I am tired of being the credit card
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