This article was originally published by Brandon Smith at Alt-Market.com
For years now, I have been warning about the relationship of interdependency between the U.S. and Saudi Arabia and how this relationship, if ended, would mean disaster for the petrodollar system and by extension the dollar’s world reserve status. In my recent articles ‘Lies And Distractions Surrounding The Diminishing Petrodollar’ and ‘The Economic End Game Continues,’ I point out that the death of the dollar as the premier petrocurrency is actually a primary goal for establishment globalists. Why? Because in an effort to achieve what they sometimes call the “global economic reset,” or the “new world order,” a more publicly accepted centralized global economy and monetary framework is paramount. And, this means the eventual implementation of a single world currency and a single global economic and political authority above and beyond the dollar system.
But, it is not enough to simply initiate such socially and fiscally painful changes in a vacuum. The banking powers are not interested in taking any blame for the suffering that would be dealt to the masses during the inevitable upheaval (or blame for the suffering that has already been caused). Therefore, a believable narrative must be crafted. A narrative in which political intrigue and geopolitical crisis make the “new world order” a NECESSITY; one that the general public would accept or even demand as a solution to existing instability and disaster.
That is to say, the globalists must fashion a propaganda story to be used in the future, in which “selfish” nation-states abused their sovereignty and created conditions for calamity, and the only solution was to end that sovereignty and place all power into the hands of a select few “wise and benevolent men” for the greater good of the world.
I believe the next phase of the global economic reset will begin in part with the breaking of petrodollar dominance. An important element of my analysis on the strategic shift away from the petrodollar has been the symbiosis between the U.S. and Saudi Arabia. Saudi Arabia has been the single most important key to the dollar remaining as the petrocurrency from the very beginning.
The very first oil exploration and extraction deal in Saudi Arabia was sought by the vast international oil cartels of Royal Dutch Shell, Near East Development Company, Anglo-Persian, etc., but eventually fell into the hands of none other than the Rockefeller’s Standard Oil Company. The dark history of Standard Oil aside, this meant that Saudi business would be handled primarily by American interests. And the Western thirst for oil, especially after World War I, would etch our relationship with the reigning monarchy in stone.
A founding member of OPEC, Saudi Arabia was one of the few primary oil-producing nations that maintained an oil pipeline that expedited processing and bypassed the Suez Canal. (The pipeline was shut down, however, in 1983). This allowed Standard Oil and the United States to tiptoe around the internal instability of Egypt, which had experienced ongoing conflict which finally culminated in the civil war of 1952.
Considered puppets of the British Empire at the time, the ruling elites of Egypt were toppled by the Muslim Brotherhood, leading to the eventual demise of the British pound sterling as the top petro-currency and the world reserve. The British economy faltered and has never since returned to its former glory.
Perhaps we are seeing some parallels here?
Civil war may not be in the cards for Saudi Arabia; so far a quiet coup has been rather effective in completely changing the power base of the nation over the past few years. The primary beneficiary of that change in power has been crown prince Mohammed Bin Salman, who only answers to King Salman, an 81-year-old ruler barely involved in leadership.
To understand how drastic this coup has been, consider this — for decades Saudi Kings maintained political balance by doling out vital power positions to separate, carefully chosen successors. Positions such as Defense Minister, the Interior Ministry and the head of the National Guard. Today, Mohammed Bin Salman controls all three positions. Foreign policy, defense matters, oil and economic decisions and social changes are now all in the hands of one man.
But the real question is, who is behind that man?
Well, the recent political purge of various “neo-conservative” tied Saudis might lead some to believe that Prince Mohammed is seeking an end to globalist control of Saudi oil and politics. These people would be wrong for a number of reasons.
Prince Mohammed’s revolutionary “Vision for 2030” developed as he entered power was touted as a means to end Saudi reliance on oil revenues to support economic stability. However, I believe this plan is NOT about ending reliance on oil, but ending reliance on the U.S. dollar. In fact, the plan indicates a move away from the dollar as the world’s petrocurrency and a de-pegging of the Riyal from the dollar.
Prince Mohammed has also established much deeper ties to Russia and China, creating bilateral agreements which may end up removing the dollar as the mechanism for oil trade between the nations.
You would think that this kind of strategy would be highly damaging to the West and to American interests in particular and that the corporate establishment would be doing everything in their power to stop it. However, this is not at all the case. In reality, the globalist establishment is fully behind Mohammed Bin Sulman’s “Vision for 2030.”
Corporate behemoths such as the Carlyle Group (Bush family, etc), Goldman Sachs, Blackstone and Blackrock have ALL been backing the Vision for 2030 and Prince Mohammed through his Public Investment Fund (PIF), of which he is the chairman.
Trillions in capital are flowing through PIF, most of it from the coffers of globalist establishment companies. Once again I point out that the so-called “East versus West division” and the Eastern “opposition” to the globalists is complete nonsense; banking elites and globalists are the true influence behind the move away from the dollar, as the Saudi example and the Vision for 2030 shows. The end of the dollar as world reserve works in their favor — it is planned.
This does not end with the death of the dollar’s petro-status, though. These kinds of upsets in the power dynamic invariably lead to war. War acts as a kind of cleansing of the historical record; it tends to distract the public, for generations, from those that truly benefit from geopolitical and economic strife.
Prince Mohammed has already triggered conflicts with Yemen and Qatar, but this seems to have only been a precursor to greater kinetic displays of force. The next target appears to be Lebanon, and eventually Iran and Syria.
The first signal came with the resignation of Lebanon’s Prime Minister Saad Hariri on November 4, a resignation Hezbollah claims was forced by the Saudi government. Interestingly, Saad Hariri recorded the televised announcement in Saudi Arabia.
This shocking disruption to Lebanon’s political apparatus has been followed by an escalation in saber rattling by Saudi Arabia against Hezbollah (which is considered by many to be merely a puppet organization of the Iranian government). If official polls are to be believed, the Lebanese population is in extreme disagreement over Iran and Hezbollah, which could add to internal divisions and civil war if tensions continue to grow. Add to this the suspected (but officially denied) “secret visit” by Prince Mohammed to Israel in September, and the newfound “friendship” between the two nations in the months since, and we have quite a bit of momentum for a war in Lebanon.
The question is, will a war between Saudi Arabia and perhaps Israel against Hezbollah in Lebanon remain a proxy war, or will it gestate into a wider conflict drawing in Iran, Syria and perhaps even the U.S.?
First, keep in mind that Prince Mohammed has already frozen and/or confiscated approximately $800 billion in assets from his imprisoned political enemies. More than enough to fund a war campaign for several years, maybe even an expanded war against Iran.
Trump’s rhetoric against Iran and his re-institution of sanctions seems to coincide nicely with the increasing tension between the Saudis and Hezbollah. Israel attempted an invasion of Lebanon in 2006 and was soundly and embarrassingly defeated. But, the Israeli government does still showcase a willingness to enter into a ground war in the region, and with the combined forces of the Saudis and the Israelis, we might see a different outcome. Iran would be forced to intervene.
Syria under the Assad regime would also most likely be drawn in through its mutual defense pact with Iran.
I believe that major powers like the U.S. and Russia will probably not become involved in a wider sense, but continue to insert covert forces into the region and support opposing nations through funding and armaments. As with North Korea, I would not expect “world war” on the scale of a nuclear conflagration to develop in the Middle East.
What I do expect is something far more devastating — namely an accelerated disintegration of our already collapsing economic structure as war plays out abroad and the loss of the dollar’s world reserve and petro-status hits us hard at home. So far, in my view it appears that the insanity in Saudi Arabia, (along with the continued war drums against North Korea), is a perfect trigger point that provides a catalyst for mass distraction.
World economic war is the real name of the game here, as the globalists play puppeteers to East and West. It is a geopolitical crisis they will have created to engineer public support for a solution they predetermined.
If you would like to support the publishing of articles like the one you have just read, visit our donations page here. We greatly appreciate your patronage.
You can contact Brandon Smith at: [email protected]
After 8 long years of ultra-loose monetary policy from the Federal Reserve, it’s no secret that inflation is primed to soar. If your IRA or 401(k) is exposed to this threat, it’s critical to act now! That’s why thousands of Americans are moving their retirement into a Gold IRA. Learn how you can too with a free info kit on gold from Birch Gold Group. It reveals the little-known IRS Tax Law to move your IRA or 401(k) into gold. Click here to get your free Info Kit on Gold.
Just another puppet government supported by the USA. How many times are we going to do this. I was in Iran back in the 70s supporting the delivery of F14s and training them to maintain them. Left 2 weeks prior to the overthrow. We never seem to learn.
JAS,
Alot of the american people have “learned”, but we lost control of the U.S. government to the toadies and lackeys who carry water for the elites that make money off the never ending wars and military expansions. It’s useless to hope for change unless 99% of current U.S. leadership is removed from office.
Brandon’s militant anything-goes-as-long-as-his-ox-is-not-gored atheism aside, he often makes worthwhile observations.
In this piece, however, he does not discuss the destabilizing forces in Saudi Arabia. The Saudis are nearly bankrupt from the fall in oil prices and so are no longer able to buy-off their restive underclass with cradle-to-grave welfare that America’s FSA can only envy.
It is unlikely that all that $800B “bail-in” will go to war. To do otherwise risks a revolution from below, with results quite unlike bin Salman’s recent revolution from above.
Too, though both the Saud family and the other tribe worship money and themselves, sooner or later they will be at odds.
Yes, the “cloud people” have written their script, but we “dirt people” may re-write (((their))) script.
What the hell are you talking about, “Historian”? You start your comment off with some garbage accusation of Smith that makes no sense, then ignore the open war rhetoric by the Saudis against Iran and Hezbollah? What an idiot.
It is your lack of comprehension that “makes no sense.” Brandon has been quite clear that, in his own words, he would treat any Christian who opposes his “free market” as he would treat globalists. Let me spell it out s-l-o-w-l-y for you. Christians who believe Luke 6:32-36 forbids usury, price gouging, and unjust wages are Brandon’s mortal enemies.
He is a hypocrite who spouts liberty, but threatens those who disagree with his pet policies. As I said, he is happy to let anything go (economically) as long as he gets his way.
AND
His article was reasonably accurate, but did NOT address the destabilizing forces WITHIN Saudi Arabia.
Can you comprehend that?
Where did he make that claim? Links? Or are you just full of shit as I suspect you are? If your ideal is to use religious rule to control free markets, then you are no better than the Islamic extremists and I would fight you too.
And what “destabilizing forces” are you talking about and how are they relevant to the article? You talk a lot, but you say nothing. But I doubt you comprehend that…
Apparently you have not read much of Brandon’s work. All you have to do is search for Brandon’s posts on this site to find this:
“I would treat a Christian zealot seeking oppression the same way I would treat a globalist zealot seeking oppression, with opposition up to and including the use of deadly force.”
shtfplan DOT com/headline-news/the-nightmare-of-collectivism-a-society-built-on-the-lowest-common-denominator-is-a-society-destined-for-collapse_11042015
Study that posted exchange. Brandon views Christians who take Luke 6:32-36 seriously as “zealots.” He is—or was in 2015 when he posted those remarks—completely ignorant of the fundamentally anti-Christian roots of libertarianism.
He considers laws against usury, price gouging, and wage slavery as “oppression.”
Nice buzzwords, but reading that discussion, I find it sadly amusing that a guy who threatens “the use of deadly force” to advance his philosophy does not see himself as a “zealot.”
Go figure.
As for Christian “zealotry”:
“But because thou art lukewarm, and neither cold, nor hot, I will begin to vomit thee out of my mouth.”
Apocalypse (Revelation) 3:16
Brandon and other champions of the whatever-the-market-will-bear “free market” typically insist that the “Austrian” school is “science” without religious or moral judgments. That is a lie.
It is sad that someone so opinionated and outspoken as Brandon insists that there is nothing anti-Christian about his (((Austrian school))). Apparently he never read—or is in denial about—such commentary as by this supposed Libertarian luminary:
“…[T]he Protestant Church still tries to delude itself [that the Bible is relevant to theology].… [The Gospels] offer no rules of life except practical ones.… Jesus offers no rules of earthly action and struggle; his [sic] Kingdom is not of this world…” and then in the same breath Mises contradicts himself, “Such rules of conduct as he [sic] gives are valid for only the short interval of time which has still to be lived while waiting for the great things to come.” Ignoring the fishermen and The Carpenter Himself, Mises opines, “The primitive Christians do not produce, labour, or gather anything at all.” Ignoring the Beatitudes, the Two Greatest Commandments, and Luke 6:32-36, Mises pronounces, “The historical Christ and his [sic] teachings are quite indifferent to all social considerations.… The expectation of God’s own reorganization when the time came and the exclusive transfer of all action and thought to the future Kingdom of God, made Jesus’s teaching utterly negative. He rejects everything that exists without offering anything to replace it. He arrives at dissolving all existing social ties.… Hence his [sic] passionate attack upon everything that exists.… [T]he new order [of Christianity] demands therefore from its adherents no system of ethics, no particular conduct in any positive direction.… The clearest modern parallel to the attitude of complete negation of primitive Christianity is Bolshevism.… Jesus’s teaching in this respect…is merely negation…His teachings had no moral application to life on earth.…”
(((Ludwig von Mises))) and (((J. Kahane))) (translator), Socialism: An Economic and Sociological Analysis, Part IV, Chapter III, “Christianity and Socialism.” New Haven: Yale University Press, 1951. pp 413-416
mises DOT org/system/tdf/Socialism%20An%20Economic%20and%20Sociological%20Analysis_3.pdf?file=1&type=document
How could anyone comprehend some crap you just made up in your head that has no bearing on the article at all?
“…no bearing on the article”???
As if an article posing as a sitrep on Saudi Arabia is complete (or even meaningful) without a discussion of the forces that may topple the current nest of vipers?
The Saudi rulers have two “yuuuuge” problems:
(1) nearly bankrupted, squeezed by low oil prices
AND
(2) a restive underclass accustomed to welfare largess that can no longer be sustained by the nearly bankrupt rulers.
I wonder what trigger word is holding this one up.
Brandon’s militant anything-goes-as-long-as-his-ox-is-not-gored atheism aside, he often makes worthwhile observations.
In this piece, however, he does not discuss the destabilizing forces in Saudi Arabia. The Saudis are nearly bankrupt from the fall in oil prices and so are no longer able to buy-off their restive underclass with cradle-to-grave welfare that America’s FSA can only envy.
It is unlikely that all that $800B “bail-in” will go to war. To do otherwise risks a revolution from below, with results quite unlike bin Salman’s recent revolution from above.
Too, though both the Saud family and the other tribe worship money and themselves, sooner or later they will be at odds.
Yes, the “cloud people” have written their script, but we “dirt people” may re-write that script.
Oh boy, just push the buttons and let the god damned missiles fly baby fly.
I’m inclined to believe that the globalists, needing the US as their enforcer, desire the US dollar to be the nucleus of that one world currency. When they say “jump” the US on the major issues (banking, war) asks “how high”. The US bombs who they want bombed, overthrows who they want overthrown. No nation on the earth is more capable or willing to do their bidding.
Kevin2, I suspect that in order for the dollar to survive that it may be re-invented, as in ‘digital’ currency? I don’t think that can be ruled out. I wouldn’t be surprised.
Its been reinvented several times from its inception; the Federal Reserve in 1913, then Bretton Woods, then the petrodollar. Regardless TPTB have more political control over the US and its military of global dominance. They need the military capability of the US under their control. That requires maintaining a sufficient degree of political stability in the US.
Hi guys: A bit off topic, but FYI. Sick of Google “First, let’s only do evil,” Youtube, Farcebook, etc. censoring anything that doesn’t agree with their left wing fascism? I just learned about
https://gab.ai (the .ai is for artificial intelligence; I had never seen that before). Looks pretty good, some of you might want to check it out. I haven’t used it yet, but reports I see are very good.
I’m thinking SDRs here, Kev. Not sure how that would play out with US military dominance tho, as that would impact severely, it seems. Your thoughts?
DK knows the money impacts far better than I. One seems to conflict with the other.
One way or another TPTB needs to control the dominate military force in the world and keep it in that powerful position. That requires ultra deep pockets deeper than any potential rival. The US fits that in every respect (political, technology, financial) and I can’t see for many reasons someone else filling those shoes. This is especially important for them in a transition phase when they’re establishing complete global control.
How they make it happen? Beats me. Don’t discount them. They have been getting what they want, sometimes by stealth, sometimes by force; by hook or crook.
DK knows nothing. I can’t remember a single time he’s been right with one of his “predictions”. Ask him to show you one or two examples of his supposed expertise and he just says “check the archives”, because there are no specific examples for him to link back to.
What he did not say is that there is a significant concern in a real possibility of a armed conflict between Iran and The Saudi’s.
That’s exactly what he said.
JAS, Arabs and Persians are enemies whose hatred for each other goes back thousand of years, especially when you throw both Sunni and Shiite versions of Islam into the mix. I’ll bet even if we pulled totally out of the Middle East any conflict there will still finish off what’s left of our economy. You’re right that we never seem to learn.
The conflicts / chaos in the middle east are intentionally caused by us; its the goal. Nations with dysfunctional fragmented governments do as their told on the economic issues. If not they’re one small step from removal to a government more to our pleasure. Don’t want to take exclusive payment in dollars, see ya, your gone with a bayonet up your rectum. Don’t want a US base on your land? “Nice country you have here”; “wouldn’t want to lose it would you”? This is extortion / racketeering closer to The Soprano’s than what one would believe is “normal” international relations.
“You’re right that we never seem to learn.” They learned all too well.
You know, all the pundits – Brandon, you included – seem to dwell on the petro-dollar as being the foundation for our influence and financial strength. And it has been. Note those last 2 words – ‘has been’. What the hell? If we’ve all known this, then tell me… why the hell have we not at least attempted to construct a dollar backed by our own resources by now? We’ve oil, coal, plenty of metals and more – ranging from food to the proven historical ability to manufacturer most anything should we set our minds to do so. But no. We’d rather all sit around waiting for something in some foreign land to cause our country to crash instead of getting off our cellphones and devices, watching some jerks kneel before playing a national sport or assessing the size of some broad’s ass or watching morons dance, be psuedo-castaways or some other drivel. I for one work. Get up, get going, get to it. Even if that means just looking and trying to sell the next job. In short – should it happen, a crash… we deserve what we get. Bunch of lazy-ass scared of breaking a friggin’ nail candy-assed cry-baby weenies tell us how to feel. I say – try not feeling. Try a radical act…… think and then ‘do’ something.
Then do something, buddy! Instead of sitting on your fat ass posting on some other people’s websites. What are you waiting for? Lead the way. At least the people that write these articles are educating others, which is the first and most important step to taking action. What are you doing?
Make the US Constitution legal again.
Destroying the Petro-Dollar might be the long term plan but it will not happen. There is no currency or group of currencies that can rival the Dollar. The dollar is kicking ass as it always has. All of the articles about the failing dollar have proven to be bullshit wishful thinking. The Chinks are on the verge of a collapse. The Ruskies can barely buy bread, The Germans, well, the Islamic Nazis will finish them off…The French Fools are already finished and are struggling just to stay afloat, The British are dead….The Texans are on top….
Disturbing article. The photo for the article was even more disturbing. The prince with Christine LaGuarde? WTF? She is a globalist. What is he? Good question.
I can she call herself a feminist and sit beside that dude? Knowing what Islam does to girls and women every day? They should meet the Arabs across a very large table so they know we are disgusted by their behavior.
How serious can you take people who wear small tablecloths on their heads?
It depends on whether they are short enough to sit around.
Once again Brandon misses the MOST IMPORTANT…
THE PRESENT DAY FINANCIAL CHAOS HAS NOTHING TO DO WITH US DOLLAR…!!!
You’re a moron. The dollar is the world reserve currency. It has EVERYTHING to do with present day financial chaos.
Prepperplus, this is a carefully engineered financial chaos specifically designed to camouflage the REAL ISSUE.
Like Mike Tyson said it so well; you’ll get the message after the first volley of punches in your face… unfortunately.
Brandon is still sleep walking…
No, I think Smith has far more insight than you, considering he actually outlines in detail what he’s talking about and backs it with evidence, and so far you just make nonspecific claims backed by nothing. Bottom line is that the banksters have to get rid of the dollar system before they can stage their one world currency and government. A lot of what they do revolves around that goal. They openly admit to it on occasion. Smith simply sees what you don’t. If you disagree, at least have the balls to write an article explaining in detail why, and then maybe I can take you seriously.
Here is my explanation:
Get back here on the first of December.
That will be THE DAY AFTER…
I will be here as well.
One thing bin Salaman is right about is that the oil won’t last forever and they need to transition to a non-petroleum economy. His goal is to have this in place by 2030. There is even a plan to build a bridge from Egypt to Saudi Arabia across the Red Sea. It will take Israeli help. The proxy conflicts in Lebanon, Yemen, and Qatar are distractions. Maybe Saudi Arabia will become a force for peace in the Middle East. Seems unlikely.
The House of Saud are crypto Jews that invented the most extreme radical form of Islam Wahhabism. This is all documented by researchers like Livingstone and others. Per the Protocols there will be some Jews that want to maintain the status quo and co exist with the goy. They will fall with the goy it is foretold. I fear we are in the final stages of the usurping of America and the globe as many of the Saudis purged would fall into this category. As well the Saudis relationship with Israel is coming into the open. I smell a new weird odor.
Brandon Smith always begins his articles with something about Brandon Smith. Then the topic of his article gets mixed in there somewhere, if you can find it. Thus the first paragraph, or sometimes the first several paragraphs, are disorganized confusion: Is this article about something I need to know, or is it about Brandon Smith? I really couldn’t care less about Brandon Smith. I wish he would turn his abilities –which are pretty good but not great– to writing only about his topic. That’s what the best writers do. They engage the reader by focusing on their topic. That is what gets me to read an article, the writer is writing about something that is worth my time, not advertisements about himself.
He mentions his previous articles and links to them, which have everything to do with this article, Saudi Arabia and the petrodollar. You must have some reading comprehension problems. Where in this article does he talk about himself other than in relation to the topic?
As long as there is more than 50B barrels of oil remaining and nothing hits the Earth there is no way the US economy can collapse. $Infinity+1 guarantees it. Expect no world war. Due to the expansion of US debt that must be accomplished, DOW 100k, S&P 20k, national debt will exceed $75T all by 2050.
The latest estimate for total global oil reserves is about 2 trillion barrels, more than twice the known accessible reserves from just 15 to 20 years ago. Over the last 20 years oil reserves are being discovered at a rate that far exceeds consumption. And, the technology to extract hard to reach deep pockets on land and under the sea is now well developed. To compound the issue, natural gas is replacing oil in many applications, along with the economical development of shale oil. All of this only means that the main political and economic issues are not just related to the quantity of oil, but who really controls it and its price, therefore the ramifications on governments, other power structures, and national economies.
I remember being taught in elementary school oil is a byproduct of ancient animal life that over the geologic periods somehow changed to what we now know as oil. This is simply not true. Many prominent geologists and scientists in related fields now state oil is abiotic, it is a byproduct of the geologic processes that occur deep in the fissures of the earth’s continental plates and mantle. It’s true the output of an oil field may become tapped due to being pumped out faster than replenishment, but over a sufficient period of time it can start “refilling”. I remember all the alarmist books and articles written since the 70’s warning about the imminent exhaustion of oil and what would happen. We have enough problems, lack of oil is not one of them.
Bill
Your correct in your analysis and it adds another dimension to the already complicated / convoluted global macro economics. This system currently depends upon the consumers of oil requiring oil from the producers. If oil is extracted by there nations they no longer need to hold excess US dollars to facilitate purchase. The US military can’t enforce the oil peg if its not needed.
these not there
Hi guys: A bit off topic, but FYI. Sick of Google “First, let’s only do evil,” Youtube, Farcebook, etc. censoring anything that doesn’t agree with their left wing fascism? I just learned about
https://gab.ai (the .ai is for artificial intelligence; I had never seen that before). Looks pretty good, some of you might want to check it out. I haven’t used it yet, but reports I see are very good.
RUSSIA AND CHINA ARE TOTALLY AGAINST THE NWO!
THEY’RE LIKE……………..FUCK YOU AND YOUR ANTICHRIST!!
No they’re not. They work directly with the IMF and World Bank and promote a one world currency under the IMF. You’ve been conned.
Bin Salaman has arrested some of the wealthiest Saudis on the charges of corruption. He has offered them the opportunity to buy their way out. Who is calling whom corrupt? You just can’t make this stuff up!