I sincerely believe that Saddam's downfall was due to his attempt to have oil paid for in euros rather than dollars, and the European Union turned its back on him.
Gaddafi wanted something similar: he wanted to create an African currency backed by gold.
The most important thing for the United States is not oil but the petrodollar, that energy be paid for in dollars, maintaining the hegemony of the dollar, which allows it to finance its trade deficit by exporting inflation to the rest of the world.
Maduro sells oil for cryptocurrencies and other currencies other than the dollar.
Thread
Login to reply
Replies (5)
Green scabies β known as petrodollars β are far more important to the USA than oil from $COUNTRY for precisely the reason stated, otherwise the entire system would collapse.
π
View quoted note β
I couldn't agree more, which leads me to conclude that anyone that threatens the USD will be targeted, dictator or not. It's just that in recent history dictators have been the 1s that dared to do so
Saddams downfall was the jews and βgreater Israel.β
Not going to disagree, these are interesting interpretations of events.
Correct or not matters not.
These are insightful musings
