Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label petrodollars. Show all posts
Showing posts with label petrodollars. Show all posts
15 September 2018

The Continuing Endgame For Bretton Woods II and the Role of Gold

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“Under this system [Bretton Woods II and the petrodollar], the U.S. is running massive current account deficits to be the source of expor...
08 October 2009

The Plan to De-dollarise the Oil Markets: Its Roots and Implications

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The breakdown of US dollar reserves being held overseas in the attached article of news is interesting, even though estimated. I am curious ...
05 October 2009

China May Lead Coalition of Nations to Topple the US Petrodollar

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It does make sense that this would happen, and many including ourselves have been forecasting this outcome as a viable trigger for a signifi...
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