The hideous Petrol Dollar Scam

 When a country buys oil from any oil selling country, it just pays, hands the money to the seller. The seller then hands the country the oil. If China buys oil from Saudi Arabia, it just pays Yuan to Saudi Arabia, and the latter hands over the oil to China. A simple buy and sell transaction.

With the implementation of the Petrol Dollar Scheme, when a country wants to buy oil from an OPEC country, it must first use its own currency, go to the bank to exchange for American dollar. It then hands over the dollar to the seller for the oil. The transaction now has a third party, the US, who did not do anything except using some pieces of paper it call dollars to collect real money from the buyer. This means the Americans can just print monopoly money to sell to buyers of oil to collect real money that it can then use to buy whatever it wants from the world.

Get the picture? The seller has to give up his oil. The buyer has to give up his money for the oil. The Americans did not give up anything except monopoly money for doing nothing and collecting real money.

The second part of the transaction is even more bizarre. After collecting the money from the seller, in American dollar, the seller ie Saudi Arabia and other OPEC countries, would have to hand back the money to the Americans to exchange for another piece of paper called Treasury bond. The end result, the Americans collect all the money, and the real money from the buyer of oil and the monopoly money it sold to the buyer, by issuing another piece of scrap paper called bond to the oil seller.

This is the most brilliant scam of the century. The Americans do nothing, sell nothing, but sit there in the bank collecting money from buyers of oil and sellers of oil. And what did the Americans do with all the money collected? Buy weapons, pay for terrorists in uniforms called soldiers, to control and threaten all the countries in the world, and enjoying life aplenty, with money from the whole world. And the oil sellers cannot say no to exchange their money for a piece of paper called Treasury bond or the American terrorists in uniform will come calling, to put a gun at their heads. Saddam and Gaddafi were killed for defying the Americans to want to sell oil in other currencies.

Just think about this. How can the Americans not be rich, not to enjoy all the good things in life? The whole world is now turning against this scam, not to use the dollar to buy their oil. Oops, the oil sellers may lose everything, the oil and the pieces of paper called bond, if they become worthless when weaponised. And the Washington clowns really weaponised the dollar to scuttle the scam, to destroy the trust in the system and the dollar, to kill the Petrol Dollar Scam.

What to expect from clowns?

Another hideous aspect of this Petrol Dollar scam is that the money Saudi used to buy American Treasury Bonds will be held hostage by the Americans. The Saudi thus have to do whatever the Americans want them to. If not, the Treasury Bonds can be confiscated like the Russian assets. If this happens, the Saudi sold oil but get nothing instead as the money will be with the Americans.

The next industrial powerhouse is NOT India

 India can keep faking that it is the next superpower by talking and shouting. But without the real industrial base, it will not happen. Any Indian with a little bit of talent have left, even those with fake talents have left India, leaving only the big mouth and loud mouth politicians to pretend that India is the next China, the next semiconductor and AI powerhouse.

Has anyone heard of BYD, Huawei, Baidu, ByteDance, Xiaomi, Alibaba, Tencent, TikTok, Douyin, Unitree, DJI, Xpeng, Geely, SMIC, Nexperia, DeepSeek, Qwen, Kimi, ...the list is endless. All these are China's most advanced semicon, high tech and AI companies known worldwide. You cannot find a single Indian company that is in this league. Nothing more need to be said about the industrial and tech power of India.

The next industrial power is Asean. Yes, Asean is rising quietly as the next big player in semicon, high tech and AI with Vietnam, Thailand, Malaysia and Indonesia establishing themselves in modernisation and economic development, moving into semicon manufacturing, EVs, solar panels, rare earths refining, processing of raw materials that are in high demand in the tech industries. Singapore does not have the mass in land and population to make an impact but may find a small niche in AI.

These Asean countries are not shouting or trumpeting their success. But their GDP growth are among the highest in the world, real numbers, not fake, no cowdung included. The quality of life, education and industrialisation are moving very close to the developed world and would soon be in the same league as the western countries. Hopefully, the kampong politicians did not usurp power and scuttle the economic and industrial locomotives and return to nasi lemak and teh tarik economies. Germany has just moved 90b Euros to set up a car manufacturing plant in Malaysia.

The steady rise of Asean countries is inevitable with progressive leaders that understand the importance of economic and industrial growth to improve the quality of life of their people, to grow the  economic pie in peace and stability that Asean is offering. No infighting, no taking sides in big power rivalry, just stay neutral and do what is best in the interests of their countries and people. China is contributing in a big way towards the growth and progress of Asean by exporting their factories and transfer of technology to Asean countries, a willing partner and willing recipients marching ahead towards a share and common destiny for all.

Only the daft and those that have been drugged by the Indians believe that India is the next growth engine and superpower.

American and Israeli savages still thinking of attacking Iran. Iran is waiting with all the new weapons it has acquired

Trump and Netanyahu have to find a way to get rid of weapons support for the Houthis by Iran in order to clear the way for navigation around the Red Sea and Persian Gulf to normalize. Hyping up the nuclear threat should Iran be allowed to get the bomb is just killing two birds with one stone.

Netanyahu will have to attack Iran in tandem with the USA, now buying more jets from the USA to do the job, whether deliverable now or not. The recent visit indicates an attack on Iran is imminent. How many Israeli jets have been destroyed during the last attack by Iran is kept very secretive, but the recent weapons shopping spree indicates the need to beef up Israel's air power.

In the face of Iran acquiring Chinese weapons, the next attack is pivotal. Iran is capable to retaliate and the much hyped-up 'Iron Dome' is no more invincible.

Regarding the Houthis issue, bombing does not help, just like carpet bombing in most scenarios, while boots on the ground in Yemen is suicidal. The USA is terrified of guerilla warfare after Vietnam. The USA can broadcast which Houthi or Hamas leader they killed, but others keep rising from the ranks. So, Iran must be stopped from supplying weapons to the Houthis. In the past, Iran was supplying weapons to the Houthis to fight the Saudis, but since the peace deal between Iran and Saudi Arabia, somehow the Middle East cannot be allowed to be at peace.

Again, Trump is gloating about the peace deal in Ukraine being so close that he probably does not need 24 hours anymore. Just listen to the echo inside the echo chamber bouncing back and forth since day one.


Anonymous

Visit and see China/America and judge with your own eyes

Military wars are all that is left for the USA to fight against others. But China's sanctioning of rare earth is putting a damper over how much more can the USA leverage on its military advantage. Oops, sorry I forgot that the USA is also still tops in 'propaganda wars', with all the MSM under its control and the billions needed to fund them.

But it looks like even the propaganda war of the USA is losing its credibility fast, with social media countering all the lies day in and day out. Which is why getting rid of Tik Tok is deemed so important and relentless. But outside of the USA, there is nothing it can do with Tik Tok continuing with the exposure. Just keeping the USA users ignorant and dumb is the only purpose of the takeover. Exposing the mistake of its enemy is not what China wants to do anyway.

Having said that, foreign visitors to China are doing a great service countering the propaganda war by exposing all the lies created over several decades against China. Not to mention all the billions poured into building up a fake facade that is collapsing fast and furious. Rednote in particular has done massive damage to the propaganda machine of the USA by exposing real life issues within a matter of months. Soon, it will be taken to task as well, but what is the problem when the damage is already done.

China knows how to counter all the lies by just giving free visas for foreigners from more countries to go to China to see the reality. China does not even have to spend hundreds of millions a year to do the necessary countering and is even reaping in all the financial benefits of such foreigners spending money in China to help its economy.

On the other hand, Trump is charging visitors golden visa fees to visit USA, chasing away all foreign visitors so much so that the USA tourist sector is collapsing. Golden visas and all that hype are just baloney. Trump may know much in receiving 'golden showers', but 'golden visas' do not endear to foreign travelers.


Anonymous

Agenda of the USA and the West is to keep the Muslim countries in Africa and Middle East poor

That is why the agenda of the USA and the West is to continue to keep the Muslim countries in Africa and Middle East poor. Now China is trying to enable African countries the opportunity to prosper, which is against the USA and Western agenda. So, they created the mantra that China is setting 'debt traps' everywhere and are still repeating it.

But the African have seen through the smoke and mirrors used by the USA and the West. And they have seen how China managed to pull more than 800 million Chinese out of poverty within a span of just three to four decades. If China can achieve that, Africa can also do that, albeit maybe taking a longer time After all, what has Africa achieved to show after more than a century under Western colonialism? Just backwardness and poverty are evident to show. Is that what the Africans are yearning for going forward?

Of course, there are still corrupt dictators in Africa still beholden to the Anglo-Saxon White colonial masters who have been plundering Africa and sharing the spoils with them. They will never betray their White masters, with all the protection and wealth sharing. What is in it for the people?


Anonymous