Economic warfare the main Western weapon: The real reason for the drop in the price of oil is not competition between the US and Saudi Arabia or Shale vs Traditionall drilled oil.

olddogthoughts

Economic warfare the main Western weapon. 54093.jpeg

By Takis Fotopoulos….. paraphrased.

In the last few days it became clear that economic warfare is the main weapon used by the Transnational Elite,  to subordinate Russia and integrate every other country still resisting the process, e.g. Iran and Venezuela. This includes also,  the dramatic decline in the price of oil.  The induced fall in its price.

As it is well known, Saudi Arabia is the biggest producer and exporter of oil and its actions in the last OPEC meeting were decisive in bringing about the present dramatic decline in its price. As the associate editor and chief economics commentator at the Financial Times put it, celebrating the fact that Russia, Iran and Venezuela might be particularly affected (“Two cheers for the sharp falls in oil prices” was the eloquent title of his article), it was Saudi Arabia that “triggered” this dramatic event:

To sustain oil prices, Opec needed to…

View original post 955 more words

Advertisements

Leave a Reply & Thank you

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: