petro-dollar
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Grand Geopolitical Project: Russia’s Gazprom signs Agreement to Abandon the Dollar By Umberto Pascali
Despite the pressures from Wall Street and its military, propaganda and political apparatus, 9 out of 10 consumers of Gazprom’s oil and gas agreed to pay in Euros. Of course, the big watershed was the Gazprom unprecedented 30-years $400Bl natural gas supply to China signed in Shanghai last May 21 in the presence of President… Continue reading
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Grand Geopolitical Project: Russia’s Gazprom signs Agreement to Abandon the Dollar By Umberto Pascali
Despite the pressures from Wall Street and its military, propaganda and political apparatus, 9 out of 10 consumers of Gazprom’s oil and gas agreed to pay in Euros. Of course, the big watershed was the Gazprom unprecedented 30-years $400Bl natural gas supply to China signed in Shanghai last May 21 in the presence of President… Continue reading
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The US-Iran ‘crisis’ – it’s the oil stupid By William Bowles
Anybody who doesn’t think control of energy sources is at the root of USUK actions in Iraq and elsewhere is suffering a serious (but hopefully treatable) delusional disease of denial. Even the most cursory exploration of the 20th century reveals the centrality of oil to pretty well every event of any significance, and in no… Continue reading
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Buddy can you spare $87 billion? By William Bowles
Economics is not something that the ‘average’ citizen wants to get involved in especially as it’s mostly mumbo-jumbo, based more on fancy than fact. Generally speaking, when there is no rational explanation to hand, it’s down to some ‘act of nature’ over which we have no control. Very convenient if you want to maintain the… Continue reading
The New Dark Age 