Trump has been flip flopping over the savage killing of Khashoggi. What
is the relationship of Khashoggi with the USA? Never mind, this is not
that important anymore. What is important is that the Americans cannot
do anything about it and Saudi Arabia and MBS would move on as if
nothing has happened.
Why, why are the Americans and even Trump, could not do anything against the Saudis?
Listen to these threats coming from the Saudis.
1. Saudi Arabia will switch from petrodollar to petroyuan. Americans mati. The end of the American Empire.
2. Oil price will shoot to US$400.
3. Saudis will invite the Russians to set up military base in Saudi Arabia.
4. Saudi Arabia will ally with Iran and join the Russia/China camp. When
this happened, Israel will no longer be able to control and mess around
with the Arabs applying their divide and rule policy.
5. Saudi Arabia will dump US Treasury Bills.
What would the above mean to the Americans and Israelis? The Middle East
would all be part of a new alliance with Russia and China leaving the
USA and Israel as the two lone wolves facing the might of the Arab
world, and losing control of oil as a weapon of war.
So, what can Trump and the Americans do? Sanctions? Remove the Saudi
royalties? No, they would turn their heads, start to whistle and pretend
that nothing has happened. Let’s move on, human rights, abominable
crimes, what’s that?
The Americans are increasingly facing such Hobbesian’s Choice and
becoming hapless while their allies defied the Empire and do as they
please. The Americans are losing control of their allies. All the chips
they held over their allies are becoming meaningless. The end of the
Evil Empire is near. In this Khashoggi’s case the Americans would look
so ridiculous over their claims of moral superiority, or righteousness,
of anything by hypocrisy. This will be like the Americans unmasked, the
Devil will be exposed.
Trump thought he could have his ways by pushing everyone around. This
time he is completely at the mercy of the Saudis. He could do nothing to
bring justice for the savage dismemberment of Khashoggi, very highly
and likely a CIA operative.
26 comments:
When American interest is concerned they will dump morality and human rights. They will ocmmit all outrageous crimes against humanity, starting wars everywhere, terrorism, to achieve that.
The Americans are the most peaceful people?
Who said that? Invite the Americans to the region to protect peace? Fucking dumb idiots.
Uncle Sam is given a taste of what it is like to be blackmailed, intimidated and threatened. The Khashoggi's saga is an eye-opener for everyone who believes that Uncle Sam is a champion of democracy, justice and human rights. The Saudis have unmasked Uncle Sam and revealed its true colour: a hypocrite, a coward and unethical.
Rb, don't under estimate the power and expertise of CIA. They can wipe off the Saudis in many ways that you can ever imagine, so don't play play with them.
Saudis have much lesser leverage over US than you think. They *NEED* the oil price to be at Goldilocks level --- not too low & not too high, else they die (supply & demand econs 101) --- they won't be able to generate enough oil revenue to subsidise their locals. This is what happened during 2014 and 2015 when oil shot up from $40 to $100 .... Arab Spring ... Saudis barely maintained control by digging into their reserves to spend on their people.
High oil prices also can backfire. The accelerated oil inflation back in 2007-2008 to $150 was the catalyst that broke the property-debt malinvestment economy of US & many western countries. But high oil prices also accelerated R&D and investments into alternative energy, as well as new techniques to squeeze oil & gas from the ground and under oceans. Now US is on the way to becoming an even bigger oil producer than Saudi Arabia.
@ “alamak, kena caught”
There’s nothing surprising about the reaction against Trump’s America by the House of Saud. Any psych 101 student can tell you, this behaviour of “coming out swinging when you’ve been caught and obviously GUILTY” is a typical play. ”Getting away with murder by being defiant and hostile” Very common. I’ve seen it many, many times.
The Trump Admin only appears to be doing nothing. We are not privy to what goes on through the back channels.
Ever since “new oil” was discovered in the US, there is no scare of shortage. The 1st cuntry to scream if the price goes to $400 willbe China. They’re buying heavily.
Dump US Trash-uries? Go ahead lah. The Fed will just buy them, printing money if necessary, which will weaken the dollar, to the cheers of many the cuntries suffering from a strong US dollar. Even Trump wants a lower dollar and interest rates because the interest payments on the huge US Federal debt just jumped up.
The Israel-Saudi relationship is quite strong because of common enemies: Iran & Syria, especially Iran. Alliance with Russia...yeah, good luck on that. That would really piss off Iran, and sully the strong relationship they have with Russia.
The petro-yuan as “the standard” is a long time away. A lot of progress has been made, and a strong USD is an “incentive” to get off the “addiction” to the USD...but the USD is still KING, and is likely to remain king for a long time yet….despite Trump’s daily efforts to piss off every cuntry and their govts. in the world.
Saudi knows they need the US. Their US Trash-uries are the result of their most valuable export: OIL. The more oil they sell, the more USDs they get, and the more US 0$ pay$ they own. Same as China. Same as Japan. They can’t stand Trump. They hate to be under the thumb of the USD. But no one trusts the Yuan (yet), and the next in line is the Euro. But the Euro-USD currency pair is THE MOST IMPORTANT currency pair in the world. When this is “goyang goyang” rest assured people will make money...and other people,and governments will LOSE a shit-load of money.
Nevermind lah. Let the Saudis kpkb. Kena caught already. Everyone knows. 😜
China needs not do anything and collect more than US$50 billion annually from their holdings of treasury bills. And combined with the holdings of other countries, the US is paying at least US$200b in interest annually to the rest of the world.
Think of the US$2b or US$3b that the banks are making annually and which is the bigger deal?
Every time interest rate goes up, America got to pay more. See how much more printing they can do before the American dollar becomes banana currency.
@ RB
America already has a banana currency....since the 1970s lah when Nixon closed the "gold window". Exorbitant Privilege. It's part of daily economic life on this planet. Every cuntry has US Trash-uries. It's accepted as "the safest" financial asset (safer than their own currencies and soveriegn debt).
The US prints to pay its debts. Although they are "un-printing" (tightening) now...the Fed is just loading up the ammo ready for the next time they need to fire the QE canon...which looks to be soon.
For ~40 years, people have been predicting the demise of the USD. In a "just world", the USD would be toilet-paper status long, long ago. But it is NOT....not even CLOSE. The demand for this pang-sai paper is STRONG, so strong it is THRASHING gold, and oil, and the debt sovereign govts have taken when US dollar was weak and interest rate was ZERO. (aka the "carry trade")
The world, especially the finance world is fucked-up irrational lah. That is reality---this is the here-and-now world we live in.
When Alan Greenspan was asked "What would you do if you were Fed Chairman today?"
Greenspan's response: "I'D RESIGN!!" 👌🤣
All good things must come to an end. Trump is helping to speed up this process of dedollarisation. And now everyone is looking at alternatives and alternatives are there, be it yuan or euro or a combination of both. The process has started.
Russia has sold off its 180 billion dollar T bills and now holding only 14 billion. Japan, China, India, Saudi and European countries are starting to unload. Wait for the avalanche.
The USD is now in a SHIT position. Whichever motherfucker tries to bullshit that it is still king for a long time is talking through his arsk, not through his brain. Don't fall for such bullshit. Since talking thru his arsk is his forte, he has to be sodomized.
Serious alternatives to the USD will not happen in our lifetimes.
Wanna bet for the next 10 recessions, every bugger (including chinamen) and their dogs/cats will rush into the USD??? LOL!
For all practical purposes, the current debt levels in China is actually worse than US right now. A large proportion of china companies and even many govt bodies / municipal / cities are running out of money or not able to afford to re-finance or to raise funds / taxes.
Any Saudi looking at the CNY and China debt levels will be nuts (or butchered to pieces) if he really wants to exchange all his oil for CNY.
Not until China gets its shit together will other countries respect the CNY.
Case in point: Will you be willing today to receive your salary / pay in CNY?!? LOL!!
12.05 pm, I agreed with you. Not only that I think 12.16 pm also need to be sodomized.😰
China's debt is about US$2.6 trillion. This is bad?
US's debt is about US$21 trillion. This is not bad. This is good?
Total US debt is more than US$70 trillion and zero reserve except printing paper money.
China's reserve is more than US$4 trillion.
Who is in a bigger shit? China of course. Because the unthinking would want you to believe in this shit. No need to think. Just believe in this shit. The brain will be filled with shit.
Usd is TOO BIG TO FAIL lah. This is perverse. But its is true n it works for the US. As long as US incurs more debts the USd will spread its wings n octopus tentacles n squeeze us by the balls. The privilege of hegemony thru the sole global currency. When USA runs consistent trade surpluses its hegemony will weaken. Perverse but nearer the truth.
Debtors usually died. But when you are the big big biggest debtor you hold everyone by the balls.
USA win lah....though i hate that but thats what it is.
Sorry, RB.
Like Matilar said...its a global culture thingeee....hahaha.
The trade war initiated by Uncle Sam is actually helping China achieve one of its long-term financial goals on the greater use of the Yuan in international commerce and financial transactions. The Yuan may have a long way to go to replace the greenback but the confrontational policy of Uncle Sam makes it imperative for China not to rely on the greenback for trade transactions especially in times of uncertainty. China is now working hard on its relationships with BRI countries, oil and resource exporters to settle in Yuan. The redback is currently in fifth position as the world's favourite transaction currency.
Follow the bad bad debtor money flows if you are a bettor.
@ RB
>> All good things must come to an end. <<
Actually we all hope that all BAD things will come to their end soon. Usually, we hope that good things hang around for as long as possible! 🤣...but alas, mostly they end too soon. 😜
>> Trump is helping to speed up this process of dedollarisation. <<
Yes he is, by his "fuck everybody" policies. But the idea is not new. There was the "Amero" (fail), Special Drawing Rights (IMF currency, still there, but hardly even mentioned), The Euro (best possible candidate)...etc. Recently the ideas (Russian) Marko Kolanovic (look him up, interesting ideas) have been very popular, and seem to be gaining some traction...at least with the Big Boys in monetary finance.
The Germans (heading the charge) want to end the SWIFT system of international payments because Trump has "weaponised" the US dollar in order to enforce US sanctions against Iran...who has lots of oil to sell, and many willing buyers.
Russia's sale of US debt is significant, but not enough to affect more momentary spike, maybe a "break-out" in the graph. Fed's assets are in excess of 4 trillion. Being the "spender and lender of last resort", they can absorb Russia's sales, no problem.
>> Wait for the avalanche. <<
I think the "avalanches" will be in their own capital markets. When that happens, the tendency is to go into US Trash-uries for "safety". China's Yuan is 25-30% down. They too have huge debt. Japan, India and Euro-zone like France, Italy, Spain...all chia lat.
There is also the Euro-Dollar market. It is BIG, and it is INTERNATIONAL. This is market where banks actually "engineer" their balance sheets (very creatively!!) to "create" US dollars, simply by a stroke of the banker's pen. No physical dollars need exist---it is all BALANCE SHEET stuff. The reason this market is very much alive is because it is out of the jurisdiction of the US Federal Reserve.
Consider too the phenomena of the Dollarisation of a cuntry. When a state fails or a cuntry descends into anarchy, it's currency tends to go straight down the toilet as toxic shit. No one wants it. What happens? People naturally use US dollars, because that is trusted and their own local currency is not. The US dollar BLACK MARKET booms in those cuntries.
De-dollarisation? Yes of course it is possible, and maybe it will actually happen one day. But it won't be easy. People might hate America, hate the US military, hate Trump (hey, haters gonna hate man 🤣 ), but boy or boy, do they sure like dem US dollars! 😎😂
@ "fans cheering for my sodomization"
Thank you. I expected to piss a few people off with my "USD is King" comment. Good, that was one intention 😈 Mission Accomplished! 🇺🇸
I suggest you never ever believe a fucking word from me. I urge everyone to do this. Go check the shit out for yourself. Never rely on the ramblings of some old cunt living in Australia. 😜
The charts, graphs, numbers and detailed analysis is all available to you. The Truth will set you free, but first, it will PISS YOU OFF! 🤡
"The charts, graphs, numbers and detailed analysis is all available to you. The Truth will set you free, but first, it will PISS YOU OFF!"
WHO produced the charts, graphs, numbers and detailed ANALysis?
Must be US lackeys, Wall Street Wolves, CIA operatives, US-paid professors, specialists, etc - ALL THE FAKE NEWS OUTLETS, better known as Propaganda Machines to wash the idiots brains - the fucking SHEEPLES that obediently and idiotically follow their MASTER'S VOICE!
Haven't heard of STATISTICS as the Greatest Liar of All Liars?
Stupidity has no cure
Uncle Sam's debt of $21 trillion is larger than the size of its economy ($19.7 trillion). Its debt grows by $73 billion a day. As debt is outpacing GDP growth, something quite nasty is bound to occur; a drastic financial cataclysm never before seen in the world. Only a serially bankrupt business mogul elected as POTUS claims that he knows how to fix it. Trump bragged, "I'm the king of debt. I'm great with debt. Nobody knows debt better than me. I've made a fortune using debt". This is Trump's ultimate crap to MAGA.
People who believe China's debt is just US$2.6T are just plain stupid. It's actually US$5.2T as of Oct 2018.
But that's just the official Beijing speech .... a bit like what PAPies tell you about everything here. A lot of half-truths. This is to be expected of a strong-arm commie / fascist style central govt.
As of end-2017, ACTUAL Chinese TOTAL debt-to-GDP stands at 270%.
That's why starting in early-2018, Xi and CCP aggressively clamp down on creative financial engineering loans & "shadow" banking. Serious de-leveraging.
They thought they could count on the continuation of strong economy & business performance from mid-2016 to 2017 to see this deleveraging thru.
But Trump fucked up their plan.
And starting in Sept 2018, Xi & CCP were forced to back track on their crackdown --- let some creative financial engineering debts continue, let shadow banking continue.
Otherwise hundreds of China companies were about to collapse .... and the loss of hundred of thousands of jobs .... leading to big social unrest.
BTW foreign expats in China don't want to be paid in CNY --- they mostly get paid in USD or worst case is HKD. LOL!!!
The local workers can only look on in envy LOL!!!
China-lovers who still think China is low debt are still living before 2008.
After GFC, everything changed. China loaded up on debt like a druggie on heroin.
The main saving grace is that most of the debts are by companies and local govts at province, city level.
But govt debt on it's own is already 50% of GDP. So Beijing is also having to tighten its belt.
That's why during this trade war & stock market crash, Xi & CCP didn't throw money at the economy like what they did in 2008/2009, 2012 (euro crisis), and 2015 (oil crisis). Now Xi & CCP just tell companies to grin and bear it, or else merge or die off.
And more & more ordinary Cheenas are overloaded on mortgages on their dubious China properties. Dunno why they spend so much to buy ---- it's dead money --- there's no resale market in China!
Propagandist of Western propaganda and stupid idiots who take fake news wholesale lock, stock and barrel, cannot influence others any more.
Show your sources. Mere assertion is no use. Just hot airs!
Saudi Arabia is the 10th largest foreign holder of US Treasury securities with US$169.5 billion as at end-August 2018.
Singapore is not far behind in 14th place with US$130.0 billion.
Singapore can also squeeze Trump's balls ??
///Does he know arithmatic, how to add 1+1=2?///
Learn how to read, retard.
Seriously with the level of stupidity among you, no wonder PAP still in control. LOL!!
Easy gauge to see if you're capable or not:
Most of you assholes here are >55 yrs old.
By now you should have portfolio (cash, stocks, bonds, investment properties, gold) of AT LEAST $1M. This is excluding your residential property & CPF.
Seriously, if after a working lifetime you can't even hit $1M savings, something must be VERY wrong with you.
PS: I'm not like Woody .... a prudent & patient person earning no more than $5K a month can achieve $1M savings by 55 yrs old. Don't need to earn more than $500K or $1M a year.
Just show us your bank account and we will believe you.
He can't count, but posting his fake news and lies and demanding people to believe him. Now exposed, he is saying I have millions, so I am credible, better than you. Never mind if he cannot count, nevermind if he threw up nonsensical data from his delusion. He is a winner because he 'got' 1 million. He claimed to have.
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