Tag: Global Reserve Currency

RIP the Petrodollar & Its Implications (Part 2 of a 4-part article)

3. WHO Did 9/11 & WHY? In order to understand why the attacks of September 11, 2001, in New York took place, we will have to look at some background. It all has to do with the quest for American dominance of Eurasia. Russia, China and the Central Asian nations were rattled by these American […]

RIP the Petrodollar & Its Implications (Part 1 of a 4-part article)

Contents 1. Birth of the Petrodollar Formation of OPEC American oil companies entered the Middle East from the late 1920s through the 1930s, first in Bahrain and Kuwait and then in Saudi Arabia by the early 1930s. British oil companies were active in Iran and Iraq. By the end of World War II, in 1945, […]

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