PART I - The Petro$ Imperative
with Special Guest
F WILLIAM ENGDAHL
Author & Freelance Writer
& Gordon T Long & John Rubino
28 Minutes, 49 Slides
Oil has always been the global chess game of Geo-Political power. F. William Engdahl suggests this is still the case but with some major modern day twists such as:
- The Petro$$,
- The US$ Reserve Status,
- The REAL science of oil.
The source of global Geo-political tensions stem from the interplay of these three tenets.
Since the US energy crisis of the early 70's, oil has only be traded in US dollars. Those who have challenged this such as Iraq's Saddam Hussein and Libya's Muammar Gaddafi were quickly removed from power. Iran's recent opening of a bourse to trade oil in non US currencies is now under threat.
The issue in the middle east is not about capturing oil but rather the enforcement of trading oil in US dollars to sustain the US dollar as the Global Reserve currency. Any shift in this policy has profound implications to the US which has over $6B US dollars presently held as currency reserves abroad.
But what if oil was in fact a renewal resource and was found to be leaking from the core of the earth? What would that mean to the global balance of power and the wealth of those controlling real global power?
- What if the Strategic Defense Initiative (Star Wars) was not a defensive measure but in reality an offensive first strike preemptive nuclear weapon?
- Why are NATO weapons being placed in the former east bloc countries, which are now part of NATO, and pointed at Russia?
- Why is Obama's Asian Pivot actually aimed at China and now seen as a threat by them?
These and other questions are raised and answered in this fascinating dialogue between F William Engdahl, John Rubino and Gordon T Long.
When you follow the money as these three do, these questions can be answered! You may not like the answers, but you need to understand the Geo-Economic realities at play if you are going to protect your investments.
Geo-Political events can quickly move worried markets..... and they normally do!
Video: PART I - The Petro$ Imperative
28 Minutes, 49 Slides
