The Petrodollar Collapse is Here | Pepe Escobar : Russia steps in to lead Gulf Oil producers

Pepe Escobar : They are gangsters. All of us who have been to the UAE, to to Katar, we know it. But Bahrain especially we know who these people are - gangsters So the element of trust in the United States is broken ( CB: no honor among thieves) not to mention their economies are broken and their business model is broken. And that's where we get to the 21:19 key of the whole equation and all of you 21:24 the business model is how the petro dollar works. So after that there's going to be a completely different story. These wannabe gangsters who have finally seen the [laughter] how the game works, they will stop using the petro dollar and stop selling their energy in dollars and stop buying stuff that goes to the American economy <




https://youtu.be/ks3vL7fkRgE?si=m81YZ-0V4eQ8agaG



stop buying stuff that goes to the American economy or to Wall Street. They're going to start looking for alternatives. And that's where guess what Russia steps in, because Russia is on good terms with everybody in West Asia in the Gulf etc. So the role of Russia depending on how the situation evolves is going to be multilevel and immensely important to start with. Guess who controls OPEC plus now already? Russia. And if we push this a little further, guess who's in charge of OPEC right now? Already Russia. So that's it. The most important member in OPEC and in OPEC plus from nowSo that's it. The most important member in OPEC and in OPEC plus from now on is Russia. So they can dictate the terms to both cartels. In fact, and of course knowing the Russians, of course, they're going to be very lenient, accommodating, but they're going to tell all these people like very very important the collective phone call of Putin at the beginning this week with all of them. Guess where they discussed. There were 23:08 no leaks about what they really discussed. We can imagine what they discussed. We can imagine uh them desperately asking Putin for some sort of mediation. After all, Putin can talk to that desk... <


Something Big Just Happened - The Petrodollar Collapse is Here | Pepe Escobar 135 Likes 1,744 Views 15h Ago * 280 Hype Points In this explosive interview, Escobar details how Iran's rapid-response tactics and alliances with Russia/China are collapsing US influence, with Gulf states furious and global economy on the brink - hear the billionaire's open letter blasting Trump!