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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: DinoNavarre who wrote (9516)	10/12/2022 6:11:33 AM
From: elmatador	1 Recommendation Recommended By pak73 Read Replies (1) \| Respond to of 13882

In 1975, Nixon successfully convinced several OPEC countries to trade oil only in USD, and the US would in return, give them regional military support. REGIONAL MILITARY SUPPORT SHOWS SIGNS OF BEING REVERSED! In 2022 Democratic lawmakers call for a freeze on cooperation with the Saudis. Democratic Sen. Richard Blumenthal of Connecticut and Rep. Ro Khanna of California introduced legislation that would immediately pause all U.S. arms sales to Saudi Arabia for one year. This pause would also halt sales of spare and repair parts, support services and logistical support. What if the Saudi reverse their side of the deal and stop trading in USD? Well, the Biden has, apparenlty, considered this as he said in a CNN interview he would look to consult with Congress on the way forward, but stopped short of endorsing the Democratic lawmakers’ call to halt weapons sales. Which measn it was just a message to the MBS “There’s 70,000 Americans living in Saudi Arabia right now, not to mention all the other troops we have throughout the region,* ” Kirby (John Kirby, a White House National Security Council spokesman) said. “So, it’s not only in our interest that missile defense in the region become more integrated and cooperative. It’s in the interest of our allies and partners in that part of the world as well.” https://www.uppermichiganssource.com/2022/10/11/biden-reevaluating-us-saudi-relationship-amid-democrat-anger/ * The 7th Fleet is stationed in Bahrain