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Title: The True Economic Stakes Over Venezuela: Oil, Gold, Currency, Sovereignty
Published: 2019-02-12
Source: https://www.youtube.com/watch?v=eRBr94cnAEA
Title: The True Economic Stakes Over Venezuela: Oil, Gold, Currency, Sovereignty
Published: 2019-02-12
Source: https://www.youtube.com/watch?v=eRBr94cnAEA
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[Music] it's not enough to emphasize that the West wants regime change in Venezuela because of its oil that's a given what's not discussed is what the oil is wanted for what maduras Venezuela and its allies Russia China Turkey and others are doing is inventing new means for pricing trading and investing oil along with other valuable natural resources like gold and doing so away from the US2/7
dollar what that in turn could eventually do is unravel a global fiscal house of cards tied together by the strange bedfellows of reserve currency confidence and endless mounds of debt which could make the 2008 financial crisis look like merely failing to advance in a game of Dragon's Lair circa 1983 from the view of the US and its transatlantic allies the current global monetary system which is3/7
based on the US dollar as a reserve currency and energy pricing and trading standard cannot repeat cannot tolerate a shift away from dollar pricing and trading of oil without sustaining cataclysmic effects upon the US UK EU and Japanese economies the ability of the u.s. to perennial e borrow from itself to finance its deficits cannot sustain war oil somehow to be sustainably priced in non dollar terms4/7
as the dollars global reserve currency status would then effectively be called in a question especially considering the obscene levels of public and private debts plaguing the Western banking system nations such as Venezuela China Russia India Japan Germany Venezuela turkey Iran and others know this and are trying to plan around it and Caracas is one testing ground today hence the frantic haste in Washington for removing Maduro5/7
by any means necessary in this 39th episode of money and fear we will explore what the corporate media will not the tight links between economics and geopolitics when it comes to oil gold currencies the Washington Consensus and nations seeking increasingly to duck said consensus no world affairs cannot be reduced to simple good guy bad guy narratives which the mainstream press is otherwise tasked with feeding to6/7
you this edition will slip you another secret manila envelope in that darkened garage if you're not a news bud member yet please join and tell others for practically nothing the site gives you unrivaled information covering current global and economic news that you're literally not supposed to know about the site empowers you to stay ahead of the herd to think well like panicking deep state economic sanctions