One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve – In other words, the dollar is backed by…the dollar; it’s a very circular and naive position.
The rise of MBS was backed by the Public Investment Fund (PIF), a fund comprised of trillions of dollars supplied by globalists within Carlyle Group (Bush family, etc.), Goldman Sachs, Blackstone and Blackrock. MBS garnered the favor of the globalists for one specific reason – He openly supported their “Vision For 2030”, a plan for the dismantling of “fossil fuel” based energy and the implementation of carbon controls. Yes, that’s right, the head of Saudi Arabia is backing the eventual end of oil based energy, and part of that includes the end of the dollar as the petro currency.
I believed that the threat to petro status would ultimately be spurred on by a proxy war between East and West:DAS KAPITAL: A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of ‘Petro’ Status – By Brandon Smith | RIELPOLITIK
The proxy war is in full swing inside Ukraine, and it is why the US/NATO is so desperate for a ‘win’, at any price, including up to global nuclear war.