GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Wednesday, April 22, 2015

The Petrodollar Demise

Economic Lies and the Petrodollar Demise | Jerry Robinson

► State of the Economy: Not Good!
- No honest metrics to back it up
- 5.5% Unemployment rate is completely unrealistic vs. Labor Participation Rate
- Biblical call for a nation to use "Just Weights and Honest Measures" is not being followed
- Stock Market Pumped up by easy money policy
- 80% of people not participating in or benefiting from the inflated stock market
- Free info available on
- JP Morgan Chief says next crisis is going to be worse than the 2008 collapse
- How to Make money when the market turns down

► Strength of the US Dollar
- Concern in the overall global economy -- USD has been the biggest game in town
- Asian Infrastucture Investment Bank (AIIB) - Challenger to the World Bank (which is dominated by US), born from Bretton Woods 1944 - Invests in global infrastructure, Chinese - Power struggle between US domination and the rest of the world, led by China - China booming demand: Chinese urbanization ( = 1 Japan every 8 years!)

► Petrodollar
- Major power struggle over oil supply & price pressure
- Saudis against Russia, Iran, US Fracking & exporting Liq Nat Gas
- Russia, China & Iran trying to move away from US dollar
- WSJ: Iran-Pakistan-India pipeline to be funded by China, over US Objections & wars - US/Reagan had been cozying up to Taliban to get Unocal TAPI pipeline - Iraq war was in part to prevent TAPI pipeline - US threatened sanctions against India if they take part in pipeline
- Mainstream media lying about buildup of war against Iran - excuse: Iran is radical Islamic jihadists - but Saudi is painted as a good country (uses dollar) - both: suppress women, hate israel, hate US, terrible human rights violations - As soon as Saudi dumps USD, suddenly propaganda will flip Saudi from "good" to bad.

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