Big P with the own goal strikes again!
The OPEC oil production cut isn't surprising, I was waiting all summer for it to happen. Despite western "analysts" claiming the Arabs would be boosting production to help the west.
What surprised me what Americans throwing the toys out the pram about it. You'd think they at least anticipated it.
This is what a culture of racial supremacy does to decision makers.The Americans under the Biden people are being extremely stupid.
When the United Arab Eremites, a US ally in the Middle East, cancelled their F-35 order so that they could kept Huawei 5G in their networks, that should have been a wake up call.
The United States demanded that the UAE remove Huawei from their networks, otherwise the US will not sell the F-35 to them. The UAE instead of negotiating with the Americans, just went ahead and cancelled the F-35 order.
The point is, it should have been pretty obvious which way the wind was blowing. Use some caution.
This won't be easy for US to get out of.The OPEC oil production cut isn't surprising, I was waiting all summer for it to happen. Despite western "analysts" claiming the Arabs would be boosting production to help the west.
What surprised me what Americans throwing the toys out the pram about it. You'd think they at least anticipated it.
Resurrecting NOPEC is dangerous territory as the Saudis have already stated what their response would be.
This is interesting reading 3 years on. Many of the Gulf states have already started to switch away from the dollar anyway, so this Saudi threat has less teeth than it did in the past.
If the Saudis do dedollarise the likely American response will be seizing of Saudi assets held in America. They could easily do this by blaming human rights in Saudi Arabia not to mention the evidence they've been sitting on Saudi intelligence involvement in 9/11.
From the Arab/OPEC point of view there is no point in selling as much oil as possible right now. Any profits will just be seized like Russia and the Taliban. Just liquidate American bonds, investments in America and Europe while you still can. That should cover any shortfall in selling oil. As Russia has shown it's possible to make more money selling less, at least for the short term.
Bro watch your word, they are Harvard graduates with PHD in CRT( Critical Race Theory)!The Americans under the Biden people are being extremely stupid.
Switzerland does not support Ukrainian President Vladimir Zelensky’s request to hand over frozen Russian assets to Kiev, a spokesman for the Swiss Federal Department of Economic Affairs, Education and Research, Fabian Maienfisch, told RIA Novosti on Monday.
“For the Swiss government, the confiscation of assets only on the basis of belonging to a state or being included in the sanctions list and using them to rebuild Ukraine is currently not an option of showing support for Ukraine,” Maienfisch said.
The remarks come after Zelensky asked Switzerland last week to block Russian assets and transfer them to Ukraine.
This sense of superiority was once common in China. It's why the Qing declined. China needs to be careful to avoid becoming too proud again in the future.This is what a culture of racial supremacy does to decision makers.
At least the Chinese government still holds true to Mao's famous repetition from the Book of Han: Seek Truth From Facts.
But if you were a culture so convinced of your own racial and cultural superiority (anglo western) then it becomes inconceivable that a nation (UAE) would give up your own 'superior technology' in favour of inferior technology from an 'inferior civilisation'.
C&C Generals story ended with US retreating back home to isolationism while China was triumphant and became the world's sole superpower after saving Europe and defeating Islamic Fundamentalism while the west couldn't do shit against the GLA.Only if there's nuclear war.
IIRC, Red Alert had US vs Russia, and C&C had US vs GLA vs China.