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Petrodollar under Threat
30 April 2018, 21:37,
#8
RE: Petrodollar under Threat
MB is exactly right. Cut off the supply of dollars going to the oil sheiks, then they will no longer be able to fund terrorism under the table. Soon all of their non-productive citizens who have been slurping at the petrodollar gravy train will have to get a real job once the oil money dries up, which will happen by the next generation. Just look at what happened to Venezuela and also to Cuba when world oil prices crashed. Neither Venezuela nor the Russians could support Cuba anymore, they were struggling to feed their own people. Now multiply that by a dozen times or so as the arabs discover they can't afford refined fuel or their BMWs and Mercedes and the common people who have been dependent on government handouts are unable to buy food... Once they start rioting in the streets you will see Yemen and Syria multiplied many times over as the sheiks put down rebellion amongst their own people.

I don't see NATO, the EU or NATO steeping in to help, nor the Russians or Iranians, although there will be a frenzy to pickup the pieces of anything that is left. In 100 years the UAE will be an empty shell in the desert.

73 de KE4SKY
In
"Almost Heaven" West Virginia
USA
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Messages In This Thread
Petrodollar under Threat - by LAC - 29 April 2018, 18:26
RE: Petrodollar under Threat - by Pete Grey - 29 April 2018, 19:49
RE: Petrodollar under Threat - by CharlesHarris - 29 April 2018, 23:17
RE: Petrodollar under Threat - by LAC - 30 April 2018, 02:21
RE: Petrodollar under Threat - by CharlesHarris - 30 April 2018, 16:25
RE: Petrodollar under Threat - by Mortblanc - 30 April 2018, 17:23
RE: Petrodollar under Threat - by CharlesHarris - 30 April 2018, 21:37

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