MovieChat Forums > Politics > Biden broke OPEC, OPEC ditches US Dollar

Biden broke OPEC, OPEC ditches US Dollar


https://youtu.be/yolCkHT1S_o
https://finance.yahoo.com/news/shift-away-us-dollar-happening-052445179.html

https://www.yahoo.com/news/joe-biden-broke-opec-rewrote-151230815.html


Doesn't seem to affect the US as more people are buying the USD. Globalism seems to be attractive.

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Doesn't seem to affect the US


Why are all of our(Americans) grocery bills triple what they were before Biden?

Why am I paying so much at the pump still? Where are the national oil reserves?

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Gas goes up during the summer.
You need to comparison shop. Our economy is mega 💪 strong!! Thanks Biden.

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Delulu

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In the last year, the Biden economy grew 9%, Canada grew 5% and Europe only 1%.
Thanks Biden!

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I would be thanking the Biden admin., not Biden himself. I don't even think he's aware of what's going on around him for the most part just based on his actions alone. He ain't an Obama and is just being led here and there to give speeches from the prompter and cue cards. He won't be the one making deals that's for sure.

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All of those politicians, including Trump, are controlled. For instance, Trump's Supreme Court picks weren't his. They were on the Republican-supported Federalist Society list. He repeatedly changed his agenda when McConnell told him to. And McConnell is controlled by rich political donors.

Unlike Trump, I believe Biden is very "establishment" and willingly supports the same agenda as his rich donors. Harris is sent to pretend to be outraged by Gazan deaths to appease Democratic voters while Biden sends bombs to kill them to find support from more conservative Independent voters whom he needs in the Swing states and his AIPAC donors. He's lucid enough to deliver "performance art" lies during his press conferences.

Overall, I believe Biden is better for the country and economy while Trump will likely crash the economy... again. But, I doubt that I can vote for Biden when he casually accepts genocide. Starving emaciated newborns on the news is my red line.

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I thought I heard Biden say climate change was an “existential threat;” a threat to our very existence. Then he flooded the U.S. market with a million barrel release from the petroleum reserves to encourage low gasoline prices in all those ICE engines. So I’m thinking the only existential threat he’s really worried about is reelection.

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Well, that's a different story. I'm talking about USD as a whole in the global economy. Without it, US can't exert its influence across the globe.

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When I google "OPEC ditches US Dollar" there are articles from the last 5 years!
When Europe buys oil from the middle east they can pay in Euros. Would be stupid to use US dollars.

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Very informative video. He explains everything in plain English without the drama.

BRIC countries want to create their own currency. That doesn't sound good for us.
https://www.nasdaq.com/articles/how-would-a-new-brics-currency-affect-the-us-dollar-updated-2024

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