There is much propaganda being used to fool the world
that the demand for oil is slipping because China's economy is
deteriorating or even collapsing. How true is that is analyzed by Kevin
Walmsley on his site 'Inside China Business'. This is one site I would
recommend to all having an interest in Global economic matters, with
information culled from all over the world to support its writeup. Very
informative, to the point, clearly narrated and no nonsense on issues.
China's
demand for oil is not slipping as alleged by the West and its
manufacturing is not contracting. China's import of oil is now largely
outside the monitoring of the USA and the West. Thus, with their own
fertile imagination they are now assuming that the world demand for oil
is moving downwards, taking into account only what they can monitor. The
other part of the equation which China is dealing with within BRICS is
outside the eyeballs of the USA due to the oil trading being done
outside the US$. As an example, China is importing more oil than ever
from Iran and the trade being done in Yuan, or even through barter.
Therefore, for the West to assume that oil demand worldwide is faltering
because of China is disinformation to carry an agenda.
This is
the situation evolving today within BRICS, where countries doing trade
in commodities, not just oil, do not have to go through Western Banks
using the US$ and is therefore beyond the control of the West to
monitor. Juvenile Trump, despite his spoilt brat tantrum, probably has a
little bit of sense to fear the result of a de-dollarization tsunami if
he is elected. The Chinese have the saying -'Smart in a moment, but
stupid for life'. That is why he is threatening those countries joining
de-dollarization, which means joining BRICS. He will not succeed.
Anonymous
3 comments:
Israel is targeting Iran's nuclear sites and oil facilities. Iran will do the same for sure. What is sauce for the goose is sauce for the gander.
Now it is a game of extreme brinkmanship of who can do the most damage. Iran is no Gaza or Palestine. It is also a military power and with Russian help, may be a hidden nuclear power as well.
Some even believe that Iran is falling into the USA trap, knowing that the USA and Israel had been eyeing the targeting of Iran's nuclear sites for decades. This could be their trap to take out Iran's nuclear ambition and using the Iranian latest strike as an excuse and justification for retaliation.
Be prepared for World War 3 now.
Some analysts are saying that Iran's latest strike against Israel is a trap set by the Axis of Evil, the USA, UK and Israel.
That killing in Syria by Israel bombing the embassy of Iran some time ago was the first step of their evil plan. Iran only retaliated sparingly. The bait was not taken by Iran to do a massive strike. Just to test the 'Iron Dome' myth.
That recent assassination inside Iran itself of the Hamas leader was another provocation for a bigger Iranian response. It was an affront against Iran by Israel showing that it can assassinate someone inside Iran itself. Iran waited for an opportunity and is now responding to the various provocations. This time, it looks like the bait has been taken.
Of course, Biden is playing the angel and warning Israel not to target the Iranian nuclear facilities. That had been their main target over the years to curb Iran's nuclear ambitions. The dementia one is just putting up a show to pull wool over people's eyes. The USA had for decades been trying to put paid to Iran's nuclear ambition and telling Israel not to target such a facility is just plain lies befitting the Nation of Lies.
Go ahead and hit Iran's nuclear facilities. Iran would just do the same to Israel's nuclear facilities and say thank you very much.
Post a Comment