"This morning we saw large SPX downside bought in put spread format out to August and September. We also saw VIX downside being bought in size." - GS Derivs
@jasonjosephlee This firm specializes in TCPA suits. There's serial litigators out there that wait for calls so they can sue.
(https://t.co/P805kpPb1H)
🇸🇦 🇺🇸 Saudi Arabia's 50-year-old petrodollar agreement with the United States has expired, with no new agreement in place.
Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars.
What this means is the END of the USA as a Super Power.
This story should be the top story on every newscast & front page headline of every newspaper, but it’s not even being talked about just like it wasn’t talked about when the petrodollar was propping up the American economy.
Every country in the world holds huge amounts of U.S. dollars cuz of the petrodollar.
There are more $100 bills in Russia than there are in the USA. That was because of the Petrodollar. This is all going away and there is going to be a precipitous drop of the value of the U.S. dollar.
This is bigger than most people can grasp , mostly cuz the petrodollar was never explained to them in the first place.
This means soon the U.S. dollar will no longer be the reserve currency of the world and that will spark a great depression inside the U.S. that we can’t print money to fix.
All these kind of calamities were supposed to happen under Trump , where our old friends stopped working with us and the world turned against the U.S.
Of course this is all happening precisely because of the neo-con policies of war & sanctions that Biden has implemented & the media has cheered on.
You won’t be told about this on the corporate news anytime soon, and when it finally is discussed they won’t tell you the truth about it & certainly won’t tell you what actually caused it to happen.
It’s now kind of too late for a revolution to fix this country.
9. Be hard on yourself
“Take the cold bath bravely," W.E.B Dubois wrote to his daughter. “Make yourself do unpleasant things so as to gain the upper hand of your soul.”
Seneca said to treat the body rigorously so that it better obeys the mind.