You wanna know what is going to happen? Then you gotta understand a few things…about oil


Introduction: What you are about to read is my contribution to this forum for the purposes of entertainment and enlightenment. It may not tickle everyone’s fancy, but if you are interested in obtaining a real perspective on the financial whirlwinds blowing the markets around these days (this September), read on. It will require some level of reading comprehension. You will read historical facts mixed with my own opinions. I am happy to expand this message to include other topics over time, but I wanted to start the message with what I consider to be the most important driver over the years, and why/how the world arrived at the current crossroad…, that driver being oil. Oil and the dollar: You guys probably know that OPEC was formed in the 1960’s on the idea that the USA would militarily defend the Saudi Arabia ruling family and territory in exchange for the Middle East to agree to sell oil only in dollars. Dollars that circulate through the banks purposed for oil trading are called

Source: You wanna know what is going to happen? Then you gotta understand a few things…about oil

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