Dollar Death

Dollar death

A number of videos are predicting with 100% certainty that the dollar will fail on August 27. No doubt that the dollar will fail but why on August 27?  I could find no particular reason for that date.  One video suggested that the 21 Trillion (90 Trillion?) of missing money was parked in the Exchange Stabilization Fund (ESF) . They said that the growth of money was growing exponentially and the olny reason it had not caused domestic hyperinflation was because it was being spent abroad fighting wars.

The “missing” money was investigated by Mark Skidmore.  See a previous article:

Ordo Ab Chao

 

 

Dollar replacement?

Who needs money?

 

 

It was nice knowing you

De-dollarization?

de-dollarization
De-dollarization

 

An article about de-dollarization.

https://www.strategic-culture.org/news/2019/07/04/goodbye-dollar-it-was-nice-knowing-you/

INSTEX is the Instrument in Support of Trade Exchanges and it permits companies in Europe to do business with countries like Iran, avoiding American sanctions by trading outside the SWIFT system, which is dollar denominated and de facto controlled by the US Treasury.

Not pleased at all

Sigal Mandelker official photo
Sigal Mandelker official photo

 

This will not please Sigal P. Mandelker, who is an American (Israeli dual citizen born in Israel) lawyer and government official who currently serves as Under Secretary of the Treasury for Terrorism and Financial Intelligence. Mandelker also served as the Acting United States Deputy Secretary of the Treasury from 2017-2018.

British Marines Seize Iranian Supertanker

https://time.com/5620664/british-marines-oil-tanker-iran/

A British Royal Navy ship (L) patrols near supertanker Grace 1 suspected of carrying crude oil to Syria in violation of EU sanctions after it was detained off the coast of Gibraltar on July 4, 2019. JORGE GUERRERO—AFP/Getty Images
A British Royal Navy ship (L) patrols near supertanker Grace 1 suspected of carrying crude oil to Syria in violation of EU sanctions after it was detained off the coast of Gibraltar on July 4, 2019.
JORGE GUERRERO—AFP/Getty Images

 

 

 

 

 

 

 

 

 

 

 

Iran fury as Royal Marines seize tanker suspected of carrying oil to Syria

Iran summons UK ambassador over incident off Gibraltar as tensions escalate over nuclear deal

https://www.theguardian.com/world/2019/jul/04/royal-marines-gibraltar-tanker-oil-syria-eu-sanctions

 

An image issued by the Ministry of Defence of the supertanker Grace 1, believed to be carrying 2m barrels of crude oil. Photograph: MoD/PA
An image issued by the Ministry of Defense of the supertanker Grace 1, believed to be carrying 2m barrels of crude oil. Photograph: MoD/PA