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US GDP has been growing a lot this year but the USD has depreciated a lot ...
Trump showed the US is an unpredictable rogue imperialist actor. This damages the perceived safety of the US dollar and investors and other countries will seek to diversify their reserves accordingly. Hence why we have seen such a significant increase in the price of gold since Trump came to power.
My bro, a military operation leading to ouster of another country's leader with surgical precision is very likely to be a complex affair involving different actors and significant planning in advance. The Venezuelan security apparatus is not small and it is possible that somebody there was told to stand down or face death as the CIA had infiltrated Venezuela before the operation. So maybe you are right to some extent. But there is also a fairly good explanation backed by visual evidence of how the Venezuelan defenses were crippled here and here. Regardless, this development is stunning and have shocked many observers around the world. It is worth studying.Brother it’s more likely that key senior military leaders were turned/paid off by the CIA and effectively disabled what air defences they had…. Like Qatar radars switched off for Israeli bombing.
Didn't you say that countries look after their interests?
This is Indians not so long ago.
Petro-dollar.. More oil means the dollar rising again
This is absolutely insane:
Venezuela currently has 303 billion barrels of crude oil reserves, which Trump says the US now controls.
Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.
Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.
In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire GDP of ALL countries in the world, aside from the US and China.
That's 4 TIMES larger than the GDP of Japan.
Most people do not realize how much the world just changed.
Oil markets will react to this news for the first time on Sunday at 6 PM ET.
The next few days will be critical.
I think China and Russia should NOT ignore Venezuela's oil huge markets.
Now this is a whole new dimension to it. The US and KSA are working to establish a closer bilateral relationship involving a security pact. The US can help transform Saudi economy with its move in Venezuela.
What exactly china and russia will do here ~ ?
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