Mastodawn

Are concepts like 'PetroDollar' and 'serviceable debt' and 'Oil paid in US Dollars' too complicated to understand??

Yeah, me too! 😞
Click on image and read this essay...
/jd

tweet by Shanaka Anslem Perera:
https://x.com/shanaka86/status/2040984431058661410

'...The United States holds $39 trillion in gross national debt. That debt is serviceable because foreign governments buy Treasuries. Foreign governments buy Treasuries because they accumulate dollars. They accumulate dollars because oil is priced in dollars. If oil stops being priced in dollars, the demand that finances the debt weakens. Saudi Arabia’s Treasury holdings fell to $134.8 billion in January 2026, down $14.7 billion in a single month. The Saudis let the 1974 agreement lapse in June 2024 without renewal. The recycling loop that Kissinger built is loosening at the same moment that the strait through which it operated is controlled by a hostile military collecting tolls in a rival currency...'

#JD20260406 #JDLinkBlog
#Iran #USA #Israel #EndlessWar #IranWar
#UKpol #USpol #EUpol #Palestine all for #Israel