The United States and the United Arab Emirates have entered a strategic financial and military alliance designed to ensure permanent US dollar dominance and dismantle the influence of the OPEC cartel.
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Despite ongoing geopolitical tensions, the S&P 500 and Nasdaq have surged to new records, driven by an unprecedented market recovery and strong corporate earnings.
The global financial markets are currently decoupling from physical reality, as record-high stock indices ignore a massive energy supply shock and a $40 disparity in oil pricing.
The 50-year reign of the petrodollar, established through a secret 1974 pact, is undergoing a structural fracture that threatens the foundations of Western financial stability.
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06 Aug 2023
