PowerSwitch Main Page
PowerSwitch
The UK's Peak Oil Discussion Forum & Community
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Petrodollar watch
Goto page Previous  1, 2, 3, 4
 
Post new topic   Reply to topic    PowerSwitch Forum Index -> News
View previous topic :: View next topic  
Author Message
woodburner



Joined: 06 Apr 2009
Posts: 3855

PostPosted: Sun Mar 25, 2018 2:03 am    Post subject: Reply with quote

Dairy products are hazardous to eat, especially cheese.
(I hope lots of people believe this and keep off the cheese Wink )
_________________
To become an extremist, hang around with people you agree with. Cass Sunstein
Back to top
View user's profile Send private message
vtsnowedin



Joined: 07 Jan 2011
Posts: 5158
Location: New England ,Chelsea Vermont

PostPosted: Sun Mar 25, 2018 11:09 am    Post subject: Reply with quote

woodburner wrote:
Dairy products are hazardous to eat, especially cheese.
(I hope lots of people believe this and keep off the cheese Wink )

Why yes growing up on raw Jersey milk and cream stunted my growth so much I graduated high school as a mere 6 ft. 3" 190 lb weakling. Smile
Back to top
View user's profile Send private message
woodburner



Joined: 06 Apr 2009
Posts: 3855

PostPosted: Sun Mar 25, 2018 12:10 pm    Post subject: Reply with quote

See? I was right. Everybody should keep away from the damaging CHEESE!!!!! Twisted Evil
_________________
To become an extremist, hang around with people you agree with. Cass Sunstein
Back to top
View user's profile Send private message
RenewableCandy



Joined: 12 Sep 2007
Posts: 12654
Location: York

PostPosted: Mon Mar 26, 2018 8:42 pm    Post subject: Reply with quote

<Checks clandestine stash of Wensleydale...>
_________________
Soyez réaliste. Demandez l'impossible.
Stories
The Price of Time
Back to top
View user's profile Send private message
emordnilap



Joined: 05 Sep 2007
Posts: 14498
Location: Houǝsʇlʎ' ᴉʇ,s ɹǝɐllʎ uoʇ ʍoɹʇɥ ʇɥǝ ǝɟɟoɹʇ' pou,ʇ ǝʌǝu qoʇɥǝɹ˙

PostPosted: Tue Sep 25, 2018 2:20 pm    Post subject: Reply with quote

Russia’s largest energy companies preparing to substitute petrodollar in settlements

Well, maybe.
_________________
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
Back to top
View user's profile Send private message
raspberry-blower



Joined: 14 Mar 2009
Posts: 1758

PostPosted: Fri Feb 01, 2019 6:13 pm    Post subject: Reply with quote

A lengthy but important essay from Michael Hudson on the twilight of US Dollar hegemony. He starts off by pulling no punches:

Michael Hudson wrote:
The end of America’s unchallenged global economic dominance has arrived sooner than expected, thanks to the very same Neocons who gave the world the Iraq, Syria and the dirty wars in Latin America. Just as the Vietnam War drove the United States off gold by 1971, its sponsorship and funding of violent regime change wars against Venezuela and Syria – and threatening other countries with sanctions if they do not join this crusade – is now driving European and other nations to create their alternative financial institutions.

This break has been building for quite some time, and was bound to occur. But who would have thought that Donald Trump would become the catalytic agent? No left-wing party, no socialist, anarchist or foreign nationalist leader anywhere in the world could have achieved what he is doing to break up the American Empire. The Deep State is reacting with shock at how this right-wing real estate grifter has been able to drive other countries to defend themselves by dismantling the U.S.-centered world order. To rub it in, he is using Bush and Reagan-era Neocon arsonists, John Bolton and now Elliott Abrams, to fan the flames in Venezuela. It is almost like a black political comedy. The world of international diplomacy is being turned inside-out. A world where there is no longer even a pretense that we might adhere to international norms, let alone laws or treaties.

The Neocons who Trump has appointed are accomplishing what seemed unthinkable not long ago: Driving China and Russia together – the great nightmare of Henry Kissinger and Zbigniew Brzezinski. They also are driving Germany and other European countries into the Eurasian orbit, the “Heartland” nightmare of Halford Mackinder a century ago.


On SWIFT and how sanctions are becoming increasingly ineffective:

Michael Hudson wrote:
Imperial threats are no longer military. No country (including Russia or China) can mount a military invasion of another major country. Since the Vietnam Era, the only kind of war a democratically elected country can wage is atomic, or at least heavy bombing such as the United States has inflicted on Iraq, Libya and Syria. But now, cyber warfare has become a way of pulling out the connections of any economy. And the major cyber connections are financial money-transfer ones, headed by SWIFT, the acronym for the Society for Worldwide Interbank Financial Telecommunication, which is centered in Belgium.

Russia and China have already moved to create a shadow bank-transfer system in case the United States unplugs them from SWIFT. But now, European countries have come to realize that threats by Bolton and Pompeo may lead to heavy fines and asset grabs if they seek to continue trading with Iran as called for in the treaties they have negotiated.

On January 31 the dam broke with the announcement that Europe had created its own bypass payments system for use with Iran and other countries targeted by U.S. diplomats. Germany, France and even the U.S. poodle Britain joined to create INSTEX — Instrument in Support of Trade Exchanges. The promise is that this will be used only for “humanitarian” aid to save Iran from a U.S.-sponsored Venezuela-type devastation. But in view of increasingly passionate U.S. opposition to the Nord Stream pipeline to carry Russian gas, this alternative bank clearing system will be ready and able to become operative if the United States tries to direct a sanctions attack on Europe.


Michael Hudson: Trump's brilliant strategy to dismember US Dollar hegemony
_________________
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools - Douglas Adams.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    PowerSwitch Forum Index -> News All times are GMT + 1 Hour
Goto page Previous  1, 2, 3, 4
Page 4 of 4

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group