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News & Current Events + Happenings
/news/ deserves actual news. Declaring agendas are not news. Do not post trolling bait threads.
Post quality threads only, and it's voluntary to crosspost them to /pol/
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Former Defence Minister: Illuminati REAL Reader 02/12/2018 (Mon) 20:57:49 Id: a955f4 [Preview] No. 6437 [Reply] [Last 50 Posts]
Paul Hellyer, a former Canadian Minister of Defence, is believed to be the highest-ranking former politician to come out as a believer of the popular conspiracy theory.

As one of the world's biggest conspiracy theories, the Illuminati is said to be a secretive global elite which runs governments from behind the scenes and is planning to introduce a New World Order (NWO).

Its key members are said to be drawn from Hollywood and world political and business leaders, with some even accusing its true leaders of being reptilian lizards from space.

Accusations vary in extremities from the simple implementation of the NWO as a goal at the least, to the Illuminati being a highly Satanic cult seeking to return the devil to earth.

However, in a podcast, Mr Hellyer, who was in post in the 1960s, said the Illuminati, at least at its most basic concept, was real and all powerful.

He said corrupt hidden leaders continue to wage needless wars and focus on profits, rather than stopping climate change.

Mr Hellyer claims the technology to reverse climate change has been developed, but it is supressed by the Illuminati, as most of its key members have big stakes in the fossil fuel industry which they wish to continue for as long as possible.

He said: "You have a got secret cabal that’s actually running the world and they’ve managed to keep this technology under wraps until they can cash in the trillions of oil assets that they’ve got.

"And it’s not going to change until hundreds of thousands of people band together and say look ‘you’ve got to come clean, tell us what is going on, and change your priorities to save the world for further generations instead of blowing it on wars’."

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Reader 02/17/2018 (Sat) 03:24:17 Id: d178d5 [Preview] No.6597 del
Former Defence Minister: I'm Senile


Reader 02/17/2018 (Sat) 19:04:15 Id: 936942 [Preview] No.6665 del
He's right, but he's too scared to name what they actually are. Instead, calling them "Illuminati", knowing they'd shut him down otherwise.



New Mueller Indictment A Dud? 13 Russians Supported Sanders, And Other Leftists Movements Too? Reader 02/17/2018 (Sat) 10:37:56 Id: 8d118a [Preview] No. 6636 [Reply] [Last 50 Posts]
RELATED: >>>/news/6631

If one needed proof that Mueller’s investigation was an utter farce, they were in for a treat this morning when the Deputy Attorney General announced the indictment of indicted 13 “Russian trolls,” for allegedly interfering in the 2016 Presidential election by posting on social media accounts.

Laying Mueller’s disregard of the First Amendment aside, the indictment is blatantly hypocritical in light of active social media intervention by pro-Clinton David Brock and his multi-million dollar efforts to ‘Correct The Record.’ Julian Assange tweeted on the matter.

The indictment alleges that: “Beginning in or around June 2014, the ORGANIZATION obscured its conduct by operating through a number of Russian entities, including Internet Research LLC, MediaSintez LLC, GlavSet LLC, MixInfo LLC, Azimut LLC, and NovInfo LLC.”

The indictment further alleges that: “The ORGANIZATION sought, in part, to conduct what it called information warfare against the United States of America through fictitious U.S. personas on social media platforms and other Internet-based media.”

According to the indictment, the co-conspirators “engaged in operations primarily intended to communicate derogatory information about Hillary Clinton, to denigrate other candidates such as Ted Cruz and Marco Rubio, and to support Bernie Sanders and then-candidate Donald Trump.”

https://archive.fo/qWKWd

Late last year, when the Trump-Russia collusion narrative was peaking, something unexpected emerged: back on November 12, 2016, an event organized by BlackMatters US, a 'leftist', anti-Trump group drew thousands of people to protest against the just elected President Trump.

There was just one minor glitch: BlackMattersUS emerged as a Russian-linked group.

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Reader 02/17/2018 (Sat) 11:16:01 Id: 2421ed [Preview] No.6640 del
Another Russian bot reporting in:

Trolling Facebook is now a federal crime.

Better shut it down completely to be safe.


Reader 02/17/2018 (Sat) 11:36:34 Id: a30b8f [Preview] No.6642 del
>>6640
What if this was the whole master plan of Russia? To make our government shut down our own free speech? Damn it those Ruskies are clever, ain't they?


Reader 02/17/2018 (Sat) 11:57:31 Id: 42197e [Preview] No.6643 del
Why does goverment pays salary for jerks like Mueller who does worthless stuff and wastes everybody's time? It's time to stop supporting dirty pigs like that.


Reader 02/17/2018 (Sat) 12:12:15 Id: a30b8f [Preview] No.6646 del
>>6643
Because the government is 100% incompetent and corrupt. Say what you want about libertarians, this issue they have nailed down pretty well and it is clear. Incompetence and corruption is the major problem. And money being the root of all evil, so our tax dollars are only going to fuel this beast. If we want better government, we need to limit it and take away most of its funding and restrain it.


Reader 02/17/2018 (Sat) 17:51:58 Id: 899e2e [Preview] No.6660 del
I wonder what Bernie Bros are going to think about this whole circus show now that Bernie is being ridiculed for colluding with Russia.



Record Minnesotans Own Guns, Crime Rate 50-YEAR LOW Reader 02/17/2018 (Sat) 15:26:41 Id: fbeda0 [Preview] No. 6653 [Reply] [Last 50 Posts]
Minnesota set a record last year for the number of gun background checks the FBI conducted in the state.

More people are carrying guns than ever before, but the crime rate remains relatively low. WCCO’s Pat Kessler is looking at the numbers, and giving them a Reality Check.

We took a hard look at the numbers, and found: Minnesota has a high rate of gun ownership, and a relatively low rate of violent crime.

Minnesota’s violent crime rate hit a 50-year low in 2016, according to the FBI.

And in 2017, the state set a new record for firearms background checks.

The National Instant Criminal Background Check System reports it processed nearly 683,544 checks on gun buyers in 2017. That includes: 473,975 permits, 94,383 handguns and 125,516 long guns.

Minnesota set another 2017 record, too.

The State Department of Public Safety reports 283,188 Minnesotans now have permits to legally carry firearms in public.

In 2017, the state issued 57,651 permits to carry a weapon in public. That’s down from a record 71,156 permits issued in 2016.

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Jeff Sessions' New Goal: End Political Activism Within The Justice System, Justice Has No Room For Bias Reader 02/17/2018 (Sat) 12:07:37 Id: 4cd7bf [Preview] No. 6645 [Reply] [Last 50 Posts]
Attorney General Jeff Sessions told Breitbart News in an exclusive interview on Thursday that the Department of Justice was ending the “executive branch legal activism” of the previous administration, while also fighting the judicial activism of liberal judges.

“I think the department did become too political” under President Barack Obama, Sessions said. “Essentially, it was executive branch legal activism. They would take cases or regulations or statutes and expand or redefine the meaning of words in them to advance the agenda that they thought ought to be advanced — an agenda that often had zero chance of passing Congress, where the elected representatives sit.

“So you have an agenda, and you can’t get Congress to pass it, so you use unelected regulatory officials and lawyers to draft regulations and enforcement policies that carry out a political agenda that the people don’t favor.

“And I think that was a factor in this past [presidential] election, and it was an issue that was known to a lot of business and legal experts. They saw this as a dangerous trend.”

Sessions singled out President Obama’s Deferred Action for Childhood Arrivals (DACA) program — which expires March 5 — as a primary example of “executive branch legal activism.” And he excoriated the courts for preventing President Donald Trump for withdrawing Obama’s policy.

“[President Obama] said repeatedly that it was not legal, he couldn’t do it. Congress had took up an issue and it failed to pass. So they just did it anyway.

“But now when we tried … to withdraw the DACA policy … we’ve been sued and judges have stopped simple withdrawal of the policy.”

He noted that the “biggest surprise” of his tenure as Attorney General “has been the plethora of [cases] in which a single sitting federal judge — one federal judge out of 600 some-odd — for insubstantial reasons, issues an injunction that bars the executive branch of the government from protecting people, and from being able to fulfill the function for which the chief executive was elected to fulfill.”

The executive branch, Sessions said, could not act as a “coequal” branch of government if it had to “gain approval of every one of 600 federal judges to carry out the policies [the President] was elected to do.”

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Reader 02/17/2018 (Sat) 12:19:38 Id: 4cd7bf [Preview] No.6647 del
He talks about reforming political bias in the government.... to Breitbart News!

Fucking epic!



Processed Foods Are Driving Up Cancer Rates (You Are What You Eat) Reader 02/15/2018 (Thu) 22:45:42 Id: f99d61 [Preview] No. 6540 [Reply] [Last 50 Posts]
Eating processed food significantly raises the risk of cancer, experts warned last night.

They said the disease was claiming more lives because of the popularity of ready meals, sugary cereals and fizzy drinks.

The products put middle-aged women in particular danger from breast cancer, according to a study in the British Medical Journal.

‘Ultra-processed’ food – any product involving an industrial procedure – now makes up half of our diet.

Packed with chemical additives, the foods bear little resemblance to home-cooked meals. And the more of them an individual eats, the higher their risk of cancer of any type.

Experts believe this is because processed foods, which include packaged meat, pies, sweets and crisps, are higher in fat, salt and sugar.

They also have less of the vitamins and fibre that ward off disease.

The procedures used to make the food – and the chemicals and additives used to boost their flavours and shelf life – are also thought to raise the risk. The researchers said it was the first study to highlight a link between ultra-processed food and an increased overall cancer risk.

Campaigners last night said families should heed the warning and read food labels more carefully to check for levels of fat, salt and sugar.

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Reader 02/17/2018 (Sat) 03:14:36 Id: 92e34a [Preview] No.6591 del
no one should be surprised about this


Reader 02/17/2018 (Sat) 03:27:14 Id: ed2e80 [Preview] No.6599 del
Good article.


Reader 02/17/2018 (Sat) 08:58:56 Id: b6a4b6 [Preview] No.6629 del
Ted Broer The Top 10 Foods Never to Eat (FAIR USE: Educational)

https://hooktube.com/watch?v=jJwK7waQOF4


Reader 02/17/2018 (Sat) 09:13:54 Id: b6a4b6 [Preview] No.6630 del


Reader 02/17/2018 (Sat) 12:00:14 Id: d2f980 [Preview] No.6644 del
>You Are What You Eat
But I'm Chad and I eat pussies



Surprise! Mueller Indicts 13 Russians, Clears Trump: “No Americans Involved In Russian Meddling” Reader 02/17/2018 (Sat) 09:27:55 Id: 46af2a [Preview] No. 6631 [Reply] [Last 50 Posts]
Special counsel Robert Mueller has cleared Trump in the Russia investigation, confirming that no American citizens meddled in the 2016 election.

According to Mueller’s office, 13 Russian nationals and three foreign entities were involved in unsuccessfully attempting to subvert the election.

Hannity.com reports: The international agents interacted with “unwitting individuals” within the Trump campaign and other political organizations.

The indictment claims Russian nationals intentionally defrauded the US election system by buying advertisements on social media as well as attempting to coordinate with American political groups.

“Some defendants, posing as U.S. persons and without revealing their Russian association, communicated with unwitting individuals associated with the Trump Campaign and with other political activists to seek to coordinate political activities,” said the statement from the special counsel’s office.

“Defendants made various expenditures to carry out those activities, including buying political advertisements on social media in the names of U.S. persons and entities,” it adds.

According to court filings, Mueller believes the Russian nationals purchased upwards of $100,000 of advertisements on Facebook, potentially reaching over 120 million Americans in the run-up to the 2016 election.

https://archive.fo/3HQUh
http://yournewswire.com/mueller-clears-trump-russian-meddling/


Reader 02/17/2018 (Sat) 09:34:06 Id: 46af2a [Preview] No.6632 del
The court indictments are hilarious, as Alex Jones pointed out half the hashtags those Russians used actually came from Infowars. They were using stuff spread by American conservatives lol!

This should be an interdasting trail hahaha!

https://hooktube.com/watch?v=1tJtC6UzWYQ&t=5m20s



UK Govt Freezes Soros Pro-Mass Migration NGO Funds Amidst Sex Abuse, Fraud Claims Reader 02/16/2018 (Fri) 19:36:18 Id: 510e1d [Preview] No. 6567 [Reply] [Last 50 Posts]
RELATED: >>>/news/6191

The International Rescue Committee (IRC), an open borders-backing NGO fronted by former Labour Foreign Secretary David Miliband has been accused of “hushing up” allegations of more than 30 crimes.

UK government ministers froze funds to the NGO, which is a major partner of globalist billionaire George Soros, “based on direct reporting of sexual harassment and fraud”, it was reported this week.

With nearly five and a half million pounds of taxpayer cash at stake, a team from the IRC was sent to look into claims made over the body’s behaviour in the Democratic Republic of Congo.

But according to The Sun, when an IRC team was sent to Africa to look into 24 cases where the scandal was first reported, it found a further 13 ethics breaches.

Brexit Is ‘the Humiliation of Britain’, Says Soros-Backed Migrant Charity Boss David Miliband https://t.co/WDEABSJsA2

— Breitbart London (@BreitbartLondon) November 6, 2017

On Wednesday, a spokesman for Britain’s Department for International Development (DFID) addressed the allegations, saying: “We became aware of serious allegations relating to this programme in August 2016.”

Whilst authorities claim that the time at which any alleged wrongdoing occurred has not been established, a source said Britain was aware of the claims, telling The Sun that DFID withheld money from the IRC when informed.

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Reader 02/17/2018 (Sat) 05:02:18 Id: c10562 [Preview] No.6611 del
>>6593
Torfag detected! ..


Reader 02/17/2018 (Sat) 06:10:15 Id: 08c523 [Preview] No.6613 del
>>6593
There's no spam at the moment, you lying piece of shit.


Reader 02/17/2018 (Sat) 07:43:13 Id: 8212d1 [Preview] No.6616 del
>>6613
Yes. There was spam going on earlier.


Reader 02/17/2018 (Sat) 08:53:44 Id: 8212d1 [Preview] No.6628 del
>>6616
still is it seems


Reader 02/17/2018 (Sat) 17:28:03 Id: 08c523 [Preview] No.6656 del
>>6616
Point it out, then. I'm willing to bet it will only be "these posts I don't like". Flooding and actual spam are not allowed. Neither are "anti spam" bumps. Stop liking what I don't like doesn't identify spam.



ATF Warns Over Spread Of Untraceable DIY 'Ghost Guns' Reader 02/16/2018 (Fri) 01:23:10 Id: c2ebf0 [Preview] No. 6545 [Reply] [Last 50 Posts]
Across the United States, mainstream network affiliates (local broadcasters) are frantically publishing stories and reports concerning law enforcement struggle to combat unregulated, DIY “ghost guns.” A ghost gun is a firearm without a serial number. It is lethal, untraceable, and perfectly legal, which has federal and state officials terrified that more and more Americans are building these killing machines in their own homes.

Perhaps the surging popularity of Ghost Guns is explainable. The same way Americans do not like corporations and U.S. intelligence agencies examining their emails and texts; they are now demanding weapon privacy. This is an astonishing shift in how the political frustrations of the everyday American are festering into an alarming trend.

Federal and State law enforcement agencies describe these do-it-yourself weapons as a Ghost Gun. It is relatively simple, with a few clicks online, anyone can fill a shopping cart with the components to build an assault-style rifle. There is no background check nor identification needed to purchase a Ghost gun.

The lower receiver, which is the only part legally considered a gun by U.S. Law, can be completed from an “80% receiver” lawfully purchased online. The remaining 20% of work must be achieved using a standard drill press or machine tools available at a neighborhood Home Depot. Once the lower receiver is milled, the gun can then be assembled. Total build-out time is somewhere between two to three hours, and presto, an assault-style rifle that the government has no idea exists.

Recently, a CBS news team documented how they purchased a Ghost Gun from a website and assembled it within a few hours.

“It’s not going to take a tremendous amount of gunsmithing skills,” said Scott Reitz, a retired Los Angeles Police Department SWAT officer.

Reitz agreed to supervise the CBS news team while a Glock 9mm with no serial numbers was being milled. All the news team had to do was follow simple directions on YouTube, which took less than three hours to complete. Once the gun was assembled, Reitz ran the Ghost Gun through a series of firing tests, where he deemed the weapon operational.

CBS says countless websites across the internet offer Ghost Gun kits for everything from handguns to the most popular assault rifles.

“They’re trying to appeal to a certain segment of the population,” said Dave Hamilton, senior special agent for the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). “Felons who can’t go to a gun store and legally purchase a firearm, or people who just don’t want the government knowing what type of firearms they have.”

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Reader 02/16/2018 (Fri) 03:31:39 Id: deb3db [Preview] No.6547 del
(138.45 KB 1000x1000 1516052134447.jpg)
>>6545
>.30 caliber clip
>clip
>not magazine
>Takes zero gun knowledge to build one

It shows.

>which has federal and state officials terrified that more and more (((Americans))) are building these killing machines in their own homes.

We all knew this was coming when 3D printed guns became a thing. Watch 3D printers become the first to be regulated and treated the same as firearms when purchasing.

>Perhaps the surging popularity of Ghost Guns is explainable. The same way Americans do not like corporations and U.S. intelligence agencies examining their emails and texts; they are now demanding weapon privacy. This is an astonishing shift in how the political frustrations of the everyday American are festering into an alarming trend.

The article just did a 180 degree turn in what it says Americans are concerned with.

>“They’re trying to appeal to a certain segment of the population,” said Dave Hamilton, senior special agent for the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). “Felons who can’t go to a gun store and legally purchase a firearm, or people who just don’t want the government knowing what type of firearms they have.”

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Reader 02/16/2018 (Fri) 16:05:26 Id: 6c101e [Preview] No.6552 del
>>6547
>.30 cal clip
>milled into lower receiver

Lol, did not even notice that. Funny. But to be fare some people do call magazines "clips" but I don't know why "CLIP" or "MAG" would be milled into the lower receiver. The rifles I have will simply state ".223 CAL" and ".22 CAL" inked onto the lower receiver. I guess it just depends who's making these ghost guns.

>The ATF is merely pissed off now that people can do it easier. This is literally their only argument here.

EXACTLY. They know that it will be much much harder for future administrations to properly ban our guns. If we can manufacture them with ease in our own garages, then forget about it. Americans will still have guns: legally or illegally.


Reader 02/17/2018 (Sat) 03:39:38 Id: adeccc [Preview] No.6602 del
I wonder if the DEFCAD dude is still active? He was the dude who made the 3D boxed mill machine that could take a chunk of metal and assemble a full lower receiver out of it for around $1,000. It had some kind of software that went with it to program all the measurements and dimensions for the CNC machine.


Reader 02/17/2018 (Sat) 08:47:29 Id: 080b99 [Preview] No.6626 del
(10.51 MB 640x360 videoplayback.webm)
This is awesome, found the ghost gunner commercial. I have no idea if this company is still around or if they've been shutdown.


Reader 02/17/2018 (Sat) 08:50:49 Id: 080b99 [Preview] No.6627 del
>>6602
*DEFDIST

OK, I just found their products. Its still selling (not to commiefornia though).

https://ghostgunner.net/collections/featured-products

Currently $1,675 now.



(41.38 KB 500x434 b04.jpg)
Elderly woman saved from flames Reader 02/17/2018 (Sat) 03:02:02 Id: 11fe35 [Preview] No. 6587 [Reply] [Last 50 Posts]
Exploding propane tank blamed for fire in Cathedral City RV resort

Cathedral City, Calif. - A fire that spread from a mobile home to a recreational vehicle in Cathedral City Friday afternoon is being blamed on an exploding propane tank.

The owner of the mobile home says he was firing up his grill to cook some food, when the blast happened. His elderly wife was still inside their home, which caught fire quickly.

Neighbors and firefighters rushed in to save his wife.

While the fire was out within minutes, the mobile home and the RV that was parked next door were seriously damaged.



http://www.kesq.com/news/fire-in-cathedral-city-rv-resort/702829103
https://archive.fo/sTA9Y
1 post and 1 image omitted.


Reader 02/17/2018 (Sat) 04:23:35 Id: 11fe35 [Preview] No.6610 del
>>6607
thank you for that service announcement, sir. Also, we should point out that propane is safe, despite the accident in the OP


Reader 02/17/2018 (Sat) 06:37:13 Id: e36140 [Preview] No.6615 del
(125.15 KB 760x547 destructive.jpg)
(45.77 KB 741x417 Propane is death.jpg)
(18.65 KB 480x360 dead Hank.jpg)
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>>6610
Propane isn't safe at all. It's an explosive readily available with your average 5LB cylinder having the capability to take out an entire trailer. 20LB cylinders have that destructive capacity x 4. In fact, all it takes is driving around to the local Wal Marts with a backseat full of ready to light molotov cocktails for the terrorists to win. What would Americans do without Wal Mart?


Reader 02/17/2018 (Sat) 08:21:34 Id: 259142 [Preview] No.6622 del
(16.14 KB 310x172 propane.jpg)
>>6615
Now that's simply not true. Propane is a safe fuel to use in your home and business. Propane has a narrow range of flammability and cannot be ingested like gasoline or alcohol fuels because it is released as a vapor from a pressurized container.

Enjoy this money-saving offers on Safe and Clean Propane Gas Tanks. Exchange gas tank and save $5 on your next propane gas exchange or purchase with this coupon.


Reader 02/17/2018 (Sat) 08:40:06 Id: 259142 [Preview] No.6625 del
>>6610
I suspect OP's story was one of butane misidentified as propane.

Propane is clean safe and can be used to heat your outdoor Jacuzzi.


Reader 02/17/2018 (Sat) 18:05:38 Id: e36140 [Preview] No.6661 del
>>6622
>sees the example of destruction
>but it doesn't happen!
>>6625
>muh butane not propane!



Russian Banks Are Ready To Turn Off SWIFT Transactions, Install Replacement Reader 02/14/2018 (Wed) 19:12:52 Id: e8b75c [Preview] No. 6509 [Reply] [Last 50 Posts]
WESTERN SANCTIONS AGAINST RUSSIA WILL NO LONGER WORK WITH NEW REPLACEMENT!

Russian financial institutions are prepared to survive without access to SWIFT (The Society for Worldwide Interbank Financial Telecommunication) - the global dollar-based interbank payments network - should the US and European Union follow through with threats to cut it off, according to Deputy Prime Minister Arkady Dvorkovich.

"Certainly, it is unpleasant, as it will prove a stumbling block for companies and banks, and will slow down work. It will be inevitable to deploy some aged technologies for information transfer and calculations. However, the companies are technically and psychologically ready for the shutdown as this threat was repeatedly voiced," Dvorkovich said, according to TASS and RT, adding that such a dramatic step would negatively corporations doing business in the US and Europe.

"In general, disconnecting Russia from SWIFT would be a crazy step on the part of our Western partners. It is obvious that for the companies which work in Europe and the US it would be harmful. And this applies not only to the shutdown of the service," he said.

The US and European Union have been periodically threatening to disconnect Russia from SWIFT since 2014 (over SWIFT's own objections), when the conflict in Ukraine flared up and the two powers introduced the first round of international penalties against Moscow for its alleged involvement.

As a reminder, at the time, the MasterCard payment system stopped serving clients of seven Russian banks without warning after Washington imposed its first set of sanctions on Moscow in 2014. In response, the Russian government ordered the creation of a national payment system. With the support of the country's banking system, the Mir charge card was introduced in 2015, although there is no data on what its adoption rate has been in the following years.

This wouldn't be the first time the US has threatened to cut off a major ally from the international banking system (indeed, it's a threat frequently leveraged against nations, like Pakistan, which will be added to a list of terrorism financing nations). Over the summer, it even threatened to expel China, it's largest trading partner, from using dollars if it didn't crack down on North Korea. In September, Russia received its latest SWIFT expulsion threat if it violated North Korea sanctions.

In 2017, Russia’s Central Bank Governor Elvira Nabiullina told President Vladimir Putin that Russia's banking sector had been provided with all the necessary conditions for operating lenders and payment systems in case of disconnection from SWIFT. According to the regulator, 90 percent of ATMs in Russia were ready to accept the Mir payment system, a domestic version of Visa and MasterCard.

Note that the new CHIPS system (China International Payment System) has already been installed in Russia for financial transactions between Russia-China. Read about that here: https://archive.fo/UYW2z

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Reader 02/17/2018 (Sat) 03:29:55 Id: d4859a [Preview] No.6601 del
>>6594
The USD had everything to do with oil trade. Since 1974 the whole world used the USD to buy up oil. Not so much anymore. Russia and China are bypassing it, so are many other countries today. Starting in 2014 the "Holy Grail Deal" between Russia and China.


Reader 02/17/2018 (Sat) 03:49:33 Id: d8770d [Preview] No.6605 del
>>6595
>no arguments
No, I actually know a fuckton about economics, history and political science, and that's why I know you're wrong. Show me one - just one - peer reviewed academic journal article that supports "Petrodollar Theory." There are none. Petrodollars are simply investment flows from oil rich nations. Period. There is no "Petrodollar"

The USD is the world's "Reserve Currency" and that is dependent upon the strength of its financial markets, not whether or not oil is sold in USD.

Listen and learn: https://soundcloud.com/user-852479284/on-debt-the-usd-reserve-currency-status-petrodollars-and-export-led-growth

>>6601
>Since 1974 the whole world used the USD to buy up oil
The USD has been the world's reserve currency during the whole of the post-war era. It used to be pegged to gold, then all (Western) currencies pegged to the dollar, but that changed. Any oil deal was a temporary stabilization measure, which is unnecessary at this point. The USD is the worlds reserve currency because it has strong financial markets, and THAT's why oil is traded in USD, not the other way around. Just listen to the podcast above and learn how international trade works. It'll make more sense once you hear it.


Reader 02/17/2018 (Sat) 08:16:20 Id: 311b0e [Preview] No.6620 del
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>>6510

Have you considered the benefits of a PROPANEDOLLAR system?


Reader 02/17/2018 (Sat) 08:21:30 Id: 7cd2ec [Preview] No.6621 del
>>6605
>academic journal

You don't need to provide an academic journal. The history of the petrodollar is common knowledge and has been used by the economic community for years. I don't need a stinking journal.

>The USD has been the world's reserve currency during the whole of the post-war era. It used to be pegged to gold

Correct! It was known as the Bretton Woods Agreement started back in 1944 (which is what made our dollar so fucking strong!) Nixon axed the gold reserve status in 1971, thus breaking the Bretton Woods Agreement and later tying the UDS to global oil trade with the OPEC nations! Bad, bad decision! And since that time the dollar has devalued by 98% or more. Back in the day (in the 50s and 60s) you could buy a weeks worth of groceries for around $5 ! Ask yourself, how much does a weeks worth cost you now?


Reader 02/17/2018 (Sat) 08:30:07 Id: 7cd2ec [Preview] No.6624 del
>>6605
>There is no "Petrodollar"

Just encase you think its some kind of physical bond or something, thats not what 'petrodollar' refers to. The word "Petrodollar" refers to the status of the current reserve currency in use: the US dollar being backed by oil trade. So when people say "end of the petrodollar" or "petrodollar demise" they mean "this is the end of the current reserve currency status, USD backed by oil trade."