Quote Originally Posted by Daly View Post
Venezuela could run a hourly flight to every major us city filled to the brim of Coke and Whores. This was absolutely not about drugs or "bad things". Now like Al Capone that may be what they use as law to make this all legal but its not about that.

This wasn't about oil either, sort of. We got oil coning out of our eyes. We wont run out for hundreds of years. Sure it would be a good thing to have that sweet dark crude going to our southern refineries but thats just a bonus.

Venezuela broke the one rule that no country can break without swift and harsh retribution. The US Dollar is King. No other currency will ever be used to buy and sell oil on the planet earth. There is no other hard rule than that. You want to sponsor terrorist activity or invade some other shithole we dont really care about have at it. Go ahead and make a deal with China to sell them oil for Yuan....

The "geopolitical" aspects derive from the dollar aspects. You notice its already said china will get some oil out of this, but they are going to pay dollars for it.


i dont think youre wrong per se but credentialed foreign analysts are freaking out because with the US in control of VZ reserves, we can keep the price below $50 a barrel, and thats represents an absolutely massive shift in power.

like everything changes in the face of that.

im very curious to see what CL does in 25 hours.