Saturday, August 17, 2024
THE "CRASH OF THE PETRODOLLAR" BY DINAR REVALUATION, 17 AUGUST
The term "Crash of the Petrodollar" typically refers to a potential or speculative scenario where the dominant role of the U.S. dollar in global oil trading faces a significant decline or disruption. Here’s a breakdown of what this might entail, particularly in the context of 2024:
Background: The "petrodollar" system emerged in the 1970s when oil-exporting countries agreed to price their oil in U.S. dollars. This arrangement bolstered the dollar’s status as the world’s primary reserve currency and facilitated significant demand for it globally.
Potential Causes of a Crash:
- Shift to Alternative Currencies: If major oil-exporting countries or large economies decide to trade oil in other currencies (e.g., the euro, yuan, or a basket of currencies), it could reduce demand for the dollar.
- Geopolitical Tensions: Increasing geopolitical tensions or trade wars might prompt countries to seek alternatives to the dollar.
- Technological Advancements: Innovations such as digital currencies or blockchain technology could create new mechanisms for trading and settle transactions in ways that bypass the dollar.
Implications of a Petrodollar Crash:
- Economic Impact: A decline in the petrodollar could lead to reduced demand for U.S. dollars, potentially weakening the dollar’s value. This might impact U.S. inflation rates, interest rates, and economic stability.
- Global Markets: Changes in global trading practices could disrupt financial markets and influence international trade dynamics.
- Political and Strategic Shifts: The shift away from the petrodollar might alter global political and economic alliances, affecting U.S. influence in global affairs.
Current Context (2024):
- Global Shifts: In recent years, there have been discussions about diversifying away from the dollar, with countries like China promoting the use of the yuan in international trade.
- Economic Trends: Monitoring trends in oil trading, currency reserves, and international trade agreements can provide insights into the potential for a significant change in the petrodollar system.
It’s worth noting that while discussions and speculation about the petrodollar’s future are ongoing, any significant shift would likely be gradual and involve complex economic and geopolitical factors.
2024 Countdown to the US explosion begin after Biden’s failed trip to the Middle East BY BEN FULFORD, 17 AUGUST
Fri. 16 Aug. 2024 Countdown to the US explosion begins after Biden’s failed trip to the Middle East, Ben Fulford
- Let’s now look at the real meaning of Biden’s visit to the Middle East. His inability to get permanent free oil in exchange for money printed out of nothing will have consequences far beyond the United States. This will mean the end of the BIS, the UN, the EU and perhaps even the papacy.
- To understand why this is the case, we need to look through some background material. First, the BIS, or central bank of central banks, was founded in 1930 using Asian gold. This gold was lent to the Germans to help them fulfill their obligations under the Treaty of Versailles, signed at the end of the First World War. In return, the Asians were promised that the United Nations would be created as a world parliament with ancient royal families. East and West (family of dragons), acting as background overseers.
- However, at the end of the Second World War, the victorious Allies broke their promise to spend the gold they were given on the development of the entire planet. Instead, their Marshall Plan developed only the countries they controlled (now known as the G7).
- In retaliation, the Asians cut off any further access to their gold. When the U.S. ran out of gold, we had the “Nixon shock” of 1971. It was then that the dollar was separated from gold. Instead, the countries of the world had to buy oil for dollars.
- It was a giant sugar high for the USA. The countries of the world had to have a trade surplus with the United States in order to buy oil. This has led to a strong dollar and free money for Americans. However, as a result, the US industry has lost its competitiveness, and more than 50 years of trade deficits have turned the US into the country with the largest debt in world history.
- Then, finally, in 2008, the rest of the world decided to stop lending to the US, which led to the “Lehman shock”.
RV UPDATE BY TNT TONY, 17 AUGUST
TNT TONY
- Fri. 16 Aug. 2024 TNT Tony
- “The system is live and working. People high up exchanged yesterday Thurs. 15 Aug. and today Fri. 16 Aug. The system is working. We are hours maybe a day away – tonight or tomorrow morning Sat. 17 Aug.emails could come out. Iraq has officially RV’d with a Rate of $3.19, Contract Rate $28.50. It would happen after Banks close tomorrow Sat. 17 Aug. Tier4b (us, the Internet Group) will be notified Mon. 19 Aug. with exchanges beginning Tues. 20 Aug.”
Fri. 2 Aug. 2024 TNT:
- On Wed. 31 July they were on High Alert. They are still on High Alert. Someone said between now and Sunday.
- The Wealth Managers say up to Tues., but they are scheduled to work this Sunday.
- All rates are on screen. Everyone is educated.
- The banks have been notified they will be working the weekend.
GOOD MORNING TNT TODAY IS FRIDAY AUGUST THE 2ND 20241:14 PM
A FABULOUS FRIDAY IT IS. YOU GUYS KNOW WHEN RAY SOUNDS EXCITED, IT MUST BE FABULOUS = WE ARE GOING TO GET INTO IT1:15 PM
YOU ARE LUCKY IF YOU HAVEN'T LOST SOMEONE OVER THE 15 YEARS1:16 PM
THE GOOD NEWS. - WEDNESDAY THEY WERE ON HIGH ALERT. THEY ARE STILL ON HIGH ALERT SOMEONE SAID BETWEEN NOW AND SUNDAY;
THE PEOPLE IN THE KNOW, PART OF THE PROCESS1:19 PM
ARE ALL SAYING BY THE TIME WE FINISH THIS CALL THEY ARE READY TO ROCK AND ROLL; AFTER 2 O'CLOCK TODAY, ANYTHING COULD HAPPEN.1:19 PM
THEY HAVE DOUBLE SHIFTS; PEOPLE THERE ARE STAYING AND MORE COMING IN1:19 PM
THEY ARE ALL SUPER, SUPER EXCITED.
THEY ALL WANT TO SEE IT GO. TO ALL BE APART OF HISTORY1:20 PM
THE WEALTH MANAGERS SAID UP TO TUESDAY.
BUT THEY ARE SCHEDULED TO WORK THIS SUNDAY1:20 PM
ALL THE RATES ARE THERE; EVERYBODY IS EDUCATED, THEY ARE READY. THERE ARE NO NEGATIVES1:20 PM
THEY ARE SAYING A HIGH PROBABILITY AFTER 2 PM1:21 PM
NOW THEY SAY BETWEEN MIDNIGHT AND 4 AM1:21 PM
TODAY THEY SAY WE COULD SEE IT REGARDLESS OF TIME. I BELIEVE THEY ARE TRYING TO GET IT DONE FOR A HOST OF REASONS1:22 PM
WE ARE IN A GOOD PLACE; EVERYONE IS CELEBRATING. EVERYONE IS HAPPY1:26 PM
ALL 3 LETTER AGENCIES ARE SITTING WATCHING THE CLOCK TICK. ALL OF THEIR PEOPLE ARE IN; SOME ARE DOUBLE-STAFFEDAug 2
THE BANKS HAVE BEEN NOTIFIED THEY WILL BE WORKING THE WEEKEND; THEY ARE ANTICIPATING IT...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/tnt-all-rates-are-there-from-ginger.html
The Iraqi Foreign Ministry announces the postponement of the announcement of the end of the military mission of the international coalition in Iraq due to recent developments, 17 AUGUST
Shafaq News / The Iraqi Foreign Ministry responded, on Thursday, to statements by the official spokesman of the US State Department, and while announcing the postponement of the announcement of the end of the military mission of the international coalition in Iraq due to recent developments, it confirmed the absence of US forces in Iraq except for advisers under the umbrella of the international coalition.
The ministry said in a statement received by Shafaq News, “These advisers are covered by the outputs of the work of the Supreme Military Committee, and the two parties are committed to the mechanisms followed and their outputs.”
She explained that “the work of the Supreme Military Committee has focused over the past months on assessing the threat of ISIS organization with the aim of reaching a deadline to end the military mission of Operation Inherent Resolve. On this basis, the presence of the international coalition advisers of all their nationalities on Iraqi soil will be terminated. These discussions included details that included the hierarchy of the withdrawal of advisers from the sites, leaving only agreement on the details and date of the announcement and some other logistical aspects. We were very close to the announcement of this agreement, but due to recent developments the announcement of the end of the military mission of the international coalition in Iraq has been postponed.”
The Iraqi Foreign Ministry pointed out that “the bilateral relationship with the United States in all fields, including the security relationship, is completely separate from the course of the relationship with the international coalition forces,” stressing that “this relationship exists before the coalition and will continue after it.”
She pointed out that “the Iraqi delegation discussed the future of the security relationship in the fields of training, armament, equipment and security cooperation, in light of what is allowed by the Iraqi Constitution and the framework of the strategic agreement between Iraq and the United States.”
On Wednesday, July 31, 2024, the military spokesman for the commander-in-chief of the Iraqi Armed Forces, Mohammed Shiaa al-Sudan, said on Wednesday that coalition forces had committed a “crime of hein and a flagrant assault” north of Babylon, pledging to take appropriate legal and diplomatic action to “preserve the rights.”
A US official said on Wednesday that his country’s forces targeted fighters in the Iraqi province of Babylon who tried to launch marches that threaten US forces and the international coalition, which killed four members of the Popular Mobilization.
The Baghdad and Washington negotiations resumed last February, with the adoption of a deliberate and gradual reduction, until the end of the task of the international coalition forces to combat ISIS, according to Iraqi official data, to be followed by two more rounds in March and April.
There are about 2,500 US military personnel in Iraq, within the international coalition led by Washington since September 2014, and the soldiers are distributed among three main positions in Iraq, namely the Ain al-Assad base in Anbar, the Harir base in Erbil, and the Victoria camp adjacent to Baghdad International Airport, in addition to the American forces, French, Australian and British forces, operating within the coalition forces, and others within NATO in Iraq.
🚨BOOM🚨 IRAQ Speeds Up New Electronic System - NO PARLIMENT VOTE NEEDED
Freedom Fighter©️
🚨New Podcast Alert
August 16, 2024
🟢9/16/24 New FOREX Rule Implementing Electronic Systems
🟢9/24/24 New Data collection Rule Implemented
🟢Digital Taxes being added
🔔IRAQ Implementing New Electronic Systems - WITHOUT PARLIAMENT VOTE❗️
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