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The Petrodllar: What Is Arabia Created The Petrodollar?

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The Petrodllar: What Is Arabia Created The Petrodollar?
Arabia created the petrodollar.
What Is the Petrodollar?

It is a mechanism that was put into place whereby nothing in the way of trade in the Western or capitalist economic system could be bought or sold unless it was purchased with American dollars, especially sales of oil. It could only be sold and purchased in American dollars.

Petrodollars.

This system gave America an unchallenged position in the capitalistic world. The Americans promised and gave military backing to the house of Saud and other Sunni Arab nations.

In 1979, Iran freed itself of this hegemonic capitalistic system when the Iranian revolution happened, bringing the Ayatollah Khomeini to power.

The West backed Saddam Hussein, the leader of Iraq, to try and overthrow the
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It included: ‘The heads of the member states point out that, against the backdrop of a contradictory process of globalisation, multilateral cooperation, which is based on the principles of equal right and mutual respect, non-intervention in internal affairs of sovereign states, non-confrontational way of thinking and the consecutive movement towards democratisation of international relations, contributes to overall peace and security, and calling upon the all of international community, irrespective of its differences in ideology and social structure, to form a new concept of security based on mutual trust, mutual benefit, equality and …show more content…
One of these methods is called colour revolutions.

The second method is usually applied by the West, if the first fails—military aggression and bombing.

But in Russia’s case, both of these methods are impossible or unacceptable for the West.

Because, first, the population of Russia, unlike many other countries, does not wish to exchange their freedom and the future of their children for Western sausage. This is evident from the record ratings of Putin, regularly published by the leading Western rating agencies.

Personal friendship of Washington protégé Nalvany along with Senator McCain played for him and Washington a very negative role. Having learned this fact from the media, 98% of the Russian population now perceive Nalvany only as a vassal of Washington and a traitor of Russia’s national interests.
Therefore, Western professionals, who have not yet lost their mind cannot dream about any colour revolution in Russia.

As for the second traditional Western way of aggression, Russia is certainly not Yugoslavia, not Iraq or Libya.

In any non-nuclear military operation against Russia, on the territory of Russia, the West led by the US is doomed to

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