Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

June 27, 2014

Whatever Became of the Petrodollar?


         To explain the downfall of America, history may well finger the voters, fools who kept electing, over ridiculously long periods of time, bigger fools, mostly reprehensible crooks serving their own obscene personal wealth while selling the electorate out.  (Google Clinton, W … Gore, A … Reid, H … Pelosi, N, for starters.)

         Future discussion of the decline we are currently witnessing during this particularly misbegotten administration may center, in large part, around what could end up being the stunning demise of our petrodollar.  Here’s the reasoning why: