re: Latest Updates: Russia-Ukraine Conflict

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The petrodollar is key to world stability, and now that’s gone

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Buying oil in dollars is still going to be the norm. The dollar is still how yoh buy shite on the global market and will be till we lose a major global conflict.

I mean, if you hate all central bank meddling with the $, you're not going to enjoy what the chinese do with the Yuan. It cant really be a global currency when they dont let it float.

And since China is the only country without widely accepted currency ($, euros, yen, gbp, aussie $ sort of) that actually has the power in the global market to be, what else is to take the place of the western financial plumbing?

We should respond to bullshite by inviting the Pakistanis to Washington for a summit to discuss selling them billions dollars worth of advanced weapons and state of the art gps targeting systems for their nukes etc.
Business is war but so is war.

I am pretty sure they will get the message. I miss the days when we would just take out the leaders of countries that pissed us off, or do at least a few regime changes a year to keep everyone on their toes.

I used to think it was no unnecessary to be so feared, but maybe I was wrong

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If OPEC switches from dollars to rubles or yens to price oil, they are in direct “violation” of “the agreement” that we have been under for 50 years and we should damn near or actually take out a few them out.

It would cost everyone in America tons of money and likely end up
causing a long term world wide depression

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I'm glad someone else is also actually looking at it from a Macro/Worldwide view. England was a superpower for centuries before losing it in the first half of the 20th century. The people seem to be just fine. I use a VPN to watch newscasts all around the world. The US gets MAYBE 10 minutes a week in a country like Australia.

Until Russia and China take drastic steps to curb carbon emissions the rest of the world is just virtue signaling to each other hoping to win the heart of Greta. The last administration had us on a path to energy independence and a more isolationist country. The parts where this administration is failing is where the past administration was successful. Conversely, I think we would be on more of a neutral footing than playing defense and hiding in a closet...possibly saber rattling (which seemed to get Tubby Rocketman to settle the frick down.)

I've maintained a Pro-Ukraine stance but it's hard to not notice a few things. You have a situation where the 4 horsemen could be at work. You have a lovable President begging the rest of the world to get involved. Nostradamus supposedly predicted Napoleon and Hitler. The thought has come across my mind in recent days that Zelensky could be the wolf in lamb's clothing. I'm not saying he is but rather we should be really thinking that through as we view the situation and our role in it.

News from all sides is being spun and we should try not to get hysterical about shite like Russia selling a small amount of oil at Dollar Tree prices. Objectively formed opinion are easier to develop when you become aware of how the media narrative is manipulating you. The hot war over there is quite similar to the war which has been simmering for the past decade in both parties...right down to Joe Dirt being the innocent civilian caught up in it.

All true.

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So if you’re stupid don’t know what that means, it means the American era is over and this is a catastrophe that India, a country that understands China well, is allying with its greatest ally and giving us the finger. This is some serious shite.

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In fact that is not true at all.

Now instead of being alone and trying to be respected world reserve currencies they will combine and be 16 percent of worlds gdp combined.'

USA alone is 25
Euro is about 30
Japanese Yuan about 15
Also add on Canadian Dollar, UK Pound (remember, no longer part of Euro zone), New Zealand and Korea.

The adding of tiny Russia to mid size China (talking size of gdp not population) really does not in any way shape or form mark the end of the dollar. RELAX!

China alon is 15 and now comined the two are 17. Changes nothing.

WORLD GDP BY COUNTRY - See for yourself -
LINK

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India has bought oil from Russia in roubles and rupees: Twitter

So if you’re stupid don’t know what that means, it means the American era is over and this is a catastrophe that India, a country that understands China well, is allying with its greatest ally and giving us the finger. This is some serious shite.

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India is poor
India needs a lot of energy
Russia, whom India already trades with for various goods, offered a lot of oil at a discount to high market prices.
To my knowledge OPEC nor any of the other major producers have increased production beyond some of the insignificant strategic oil reserve releases.

It’s simple economics and that’s it.

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them. India loves to play both sides of the fence. End of the American Empire?

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Well if he is right it won’t be all bad. Practicing the kama sutra with Russian women sounds like a benefit.