Why the Petrodollar Is Not Just a Currency Arrangement but the Operating System of US Global Power
Why the Petrodollar Is Not Just a Currency Arrangement but the Operating System of US Global Power
A Saudi oil deal made dollars the required currency for energy, recycling Gulf revenue into Treasuries and underwriting American power and debt.
This is the tenth installment in a series on the US-Israeli war against Iran.
China and BRICS payment systems are already processing billions outside the dollar, weakening the financial privilege Americans took for granted.
Debt, oil above one hundred dollars and frozen shipping lanes are testing dollar privilege as governments seek alternatives to Washington.
Operation Epic Fury killed Iran’s supreme leader and ignited a regional war. The food price shock that follows will be measured in famines, not headlines.
A blueberry farmer, a Chinese hacking unit, and a retiring SCADA engineer walk into the same pipeline. Nobody’s laughing.
The Lindzen-Happer paper and Europe’s factory closures are presented as evidence that Net Zero policy shifted wealth while dismantling industry.
The Economic Consequences of the Climate Movement Are No Longer Theoretical. They Are Arriving. In Real Time.
Richard Lindzen and William Happer challenge climate-model assumptions and CO2 physics, arguing that Net Zero policy rests on manufactured consensus.