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Read Lyn Alden's "Broken Money" you'll get a very different perspective. There's not much benevolence in the current petrodollar system. It effectively enslave
by chiefalchemist 3y ago
Read Lyn Alden's "Broken Money" you'll get a very different perspective.
There's not much benevolence in the current petrodollar system. It effectively enslaves smaller economies to decisions of The Fed; then add in the World Bank and the IMF and the economic death grip tightens.
Petrodollars are a heavy thumb on the scale. Alter the strength of that system and the world order changes. That is, sovereign states become sovereign. Smaller economies are victimized far less often. Etc.
https://www.lynalden.com/broken-money/ https://www.lynalden.com/broken-money/
- Log_out_ 3y agoAh the multipolar dream: the Philippines, Japan, Taiwan, the baltics, Armenia, the kurds, they all try to wake up from that nightmare. Turns out gradual improvement in enslavement is preferable to actual enslavement..