Fontanelle, IA | w1891 - 11/17/2025 08:11
Clearly you don’t understand the size and scope of the oil trade nor the economic size of the counties in your two examples. It would be like you blaming a farms lack of profitability on changing tractor brands.
Your timeline is backwards. Any sales of oil in something besides dollars was driven by weakness not strength. They were looking for any outlets to raise capital to fund their regimes.
It’s a fun theory and it’s why the BRICS story is so entertaining to many, but yet nothing has come from it.
So, you’re saying that selling oil in a currency other than USD is actually done at a discount to a $USD price? So, it’s kind of like quasi counterfeit black market oil without the quasi counterfeit part of it?
Which, if the black market oil is cheaper, then it would “cheapen” the price of the posted oil and n $USD through the overt ability to substitute? Which would cause lots of powerful global corporations in these oil rich $usd denominated oil producing countries to lose lots of money? |
President Trumps real play with Venezuela
