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TND Guest Contributor: Dave Kranzler |
While geopolitical analysts are focused on the conflict between the U.S. and Russia in Ukraine and on the implications of the crash in the price of oil, the real conflict between Russia and the U.S. is over the petro-dollar. Russia has made it explicitly clear that it wants to the dismantle U.S. geopolitical hegemony by dismantling the petro-dollar (and China has made it implicitly clear, especially through its bi-lateral currency swaps to facility non-dollar trade).
All wars in history can ulitimately be traced to underlying economic issues. It’s all about money. First you get the money, then you get the power, the-e-e-n you get the women (“Scarface”). The war over the dollar as the world’s reserve currency is where the real action is taking place. I discuss this and some other issues in Part 1 of my podcast hosted by Rory Hall of TheDailyCoin.org:
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About Dave Kranzler:
I spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, I traded junk bonds for Bankers Trust. I have an MBA from the University of Chicago, with a concentration in accounting and finance. My goal is to help people understand and analyze what is really going on in our financial system and economy. You can follow my work and contact me via my website Investment Research Dynamics. Occasionally, I publish on Seeking Alpha too. As a co-founder and principal of Golden Returns Capital, LLC Mr. Kranzler co-manages the Precious Metals Opportunity Fund, a metals and mining stock investment fund.
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