JGeropoulas
The Living Force
U.S. VIOLATED NATO PROMISE TO NOT ENCROACH ON RUSSIA, NOW SAUDI ARABIA VIOLATES THEIR PROMISE TO ACCEPT ONLY U.S. DOLLARS FOR OIL PURCHASES.
Operation Sandman has now been activated, with Saudi Minister of Finance, Mohammed Al-Jadaan, telling Bloomberg TV (during a WEF Davos interview) that the Saudis will gladly accept all currencies for settling oil transactions.
The foundational pillar of US global currency dominance and its ability to export inflation to the world is based on the so-called Petrodollar status, in which the US agreed to protect the Saudi kingdom in exchange for the Saudis demanding US dollars for all oil transaction settlements.
This arrangement is now coming to an end. Very few people have any real idea about what happens next. It won't be pretty for the dollar or anyone left holding dollars.
www.naturalnews.com
Operation Sandman has now been activated, with Saudi Minister of Finance, Mohammed Al-Jadaan, telling Bloomberg TV (during a WEF Davos interview) that the Saudis will gladly accept all currencies for settling oil transactions.
The foundational pillar of US global currency dominance and its ability to export inflation to the world is based on the so-called Petrodollar status, in which the US agreed to protect the Saudi kingdom in exchange for the Saudis demanding US dollars for all oil transaction settlements.
This arrangement is now coming to an end. Very few people have any real idea about what happens next. It won't be pretty for the dollar or anyone left holding dollars.
OPERATION SANDMAN now activated - Saudi Arabia announces END of dollar dominance in global oil trade ... the dominoes begin to fall on the US empire
As we have consistently warned for more than a year, Operation Sandman has now been activated, with Saudi Minister of Finance, Mohammed Al-Jadaan, telling Bloomberg TV (during a WEF Davos interview) that the Saudis will gladly accept all currencies for settling oil transactions. (Reported by OilPric