50
The true casus belli is revealed at last.
Can't read the article because it's pay walled...
But I can see Israel taking a cut for "security" or some bullshit. Maybe even outright taking it and using a tiny slice of proceeds for "the betterment of Gaza" that doesn't do anything but enrich Israeli companies.
I don't know how the US could profit off this tho.
Just having allies sell oil for dollars instead of some other currency already helps the US a lot. It's called seigniorage, the more people use the US dollar, the more they can print without feeling much inflation. The whole gulf war was fought to ensure those countries traded oil in US dollar.
In the last year or two, several countries have traded oil for another currency for the first time in ages. Which is big. With Iran sponsoring Palestine a lot, they might have similar ideas. The Arabs of all people understand the oppressive tactics of the US and their currency.
~~cassius~~
Casus ftfy
Thank you. I fixed it.
Apparently, it's been too long since I played Crusader Kings!
Deus vult!
Ha. Ha...
Fuck it, we had a good run. Let's call it on this whole "humanity" experiment.
O&G once again is the key driver behind foreign policy around the world: the US in the Middle East, China in the South China Sea, Israel in Gaza...
The renewables transition cannot happen quickly enough.
Yes, the only thing that will stop nations from using oil are cheaper alternatives.
SHOCK
Shock therapy at it again
this post was submitted on 21 Nov 2023
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